Citibank: Raised profit forecast for China Hongqiao (01378.HK), maintained "hold" rating.

According to the Securities Times app, Shenwan Hongyuan released a research report stating that it has raised its profit forecast for China Hongqiao (01378.HK) for the years 2025, 2026, and 2027. It is expected that the net profit attributable to the mother for the years 2025, 2026, and 2027 will be 24.5 billion, 25.5 billion, and 26.5 billion yuan respectively (the original forecast was 22.4 billion, 24.6 billion, and 25.3 billion yuan). The corresponding PE ratios are 8x for each year. The recommendation is to maintain a "hold" rating.