China Hongqiao stock enters Deutsche Bank's top picks

Published on 10/08/2026 at 02:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

China Hongqiao stock joined Deutsche Bank's mining top picks on October 7, 2026. Interim profit rose 39.2 percent, while HKD 20.98 marked the latest HKEX price.

China Hongqiao, KYG211501005, Illustration mit AI erstellt.

China Hongqiao stock was last at HKD 20.98 on HKEX on October 7, 2026 at 4:08 p.m. HKT, down 1.04 percent from the prior close. The latest company-specific signal came from Deutsche Bank's mining selection published October 7.

Deutsche Bank names a top pick

Investing.com reported on October 7, 2026 that Deutsche Bank included China Hongqiao Group among its top picks in mining. The report linked the selection to a constructive view on aluminum and copper fundamentals, while also noting elevated macro risks from higher bond yields and a stronger dollar.

The signal is distinct from the company's interim results and gives the stock an analyst-led catalyst after the latest reporting period. It also places greater weight on aluminum pricing and operating leverage than on a simple earnings-growth narrative.

Interim profit rises 39.2 percent

China Hongqiao's interim 2026 revenue reached RMB 87.506 billion, up 8.0 percent from the comparable period, while profit attributable to shareholders rose 39.230 percent to RMB 17.210 billion, according to etnet. Basic earnings per share increased 31.963 percent to RMB 1.734 in the six months ended June 30, 2026.

The earnings mix explains the sensitivity to aluminum prices. Primary aluminum sales volume fell 3.3 percent to 2.811 million tons, but the average selling price increased 18.7 percent to RMB 21,192 per ton, according to the same interim data.

Stock stays near its yearly low

At HKD 20.98, the stock stood 7.21 percent above its 52-week low of HKD 19.57 and 49.28 percent below its 52-week high of HKD 41.36 on October 7, 2026. Market capitalization was HKD 206.0 billion, with 7,677,244 shares traded during the session.

China Hongqiao operates across bauxite, alumina, primary aluminum and energy. Its investor-relations page identifies the company as a Hong Kong Stock Exchange Main Board issuer, with total assets of RMB 241.17 billion as of June 30, 2026 and more than 50,000 employees.

HKD 20.98 marks the latest level

China Hongqiao was last at HKD 20.98 on HKEX on October 7, 2026 at 4:08 p.m. HKT. The combination of interim profit growth and aluminum-price exposure remains the central frame for the stock after Deutsche Bank's October 7 top-picks mention.