The Zhitong Finance App learned that Huatai Securities released a research report stating that it maintains China Hongqiao (01378.HK)'s net profit forecast for 2026-2028 at 30.443 billion yuan, 27.119 billion yuan, and 29.720 billion yuan, corresponding to EPS of 3.21 yuan, 2.86 yuan, and 3.14 yuan, respectively. According to the DDM absolute valuation method, assuming a dividend payment rate of 62% for 2026-2028, based on the assumption of a risk-free interest rate of 4.4%, risk premium of 5.9%, beta of 1.08, equity cost of 10.79% (previous value of 10.67%) and sustainable growth rate of 3.0%, the company's target market value is estimated to be HK$316,99 billion, corresponding to a target price of HK$32.28 (previously HK$32.67), maintaining a “buy” rating.

The Zhitong Finance App learned that Huatai Securities released a research report stating that it maintains China Hongqiao (01378.HK)'s net profit forecast for 2026-2028 at 30.443 billion yuan, 27.119 billion yuan, and 29.720 billion yuan, corresponding to EPS of 3.21 yuan, 2.86 yuan, and 3.14 yuan, respectively. According to the DDM absolute valuation method, assuming a dividend payment rate of 62% for 2026-2028, based on the assumption of a risk-free interest rate of 4.4%, risk premium of 5.9%, beta of 1.08, equity cost of 10.79% (previous value of 10.67%) and sustainable growth rate of 3.0%, the company's target market value is estimated to be HK$316,99 billion, corresponding to a target price of HK$32.28 (previously HK$32.67), maintaining a “buy” rating.