Daiwa: There is more than an 80% chance that China Hongqiao will rise in the next 30 days.

Morgan Stanley's research report states that there is a more than 80% chance that China Hongqiao's stock price will rise in the next 30 days. According to Morgan Stanley, Federal Reserve Chairman Powell's hint at a rate cut has led to a positive response in commodity prices. The potential rate cut will benefit commodity prices, and with the end of the off-season for consumption approaching, potential consumption growth during the peak consumption season is expected. With low inventory levels and the potential rate cut in the United States, aluminum prices are expected to fluctuate at high levels, which will benefit China Hongqiao. In addition, China Hongqiao's recent announcement of stock buybacks is also expected to push the stock price up in the short term.