Stable, high-dividend assets such as banking, insurance, energy, and utilities, wait for opportunities to get on board, and then sit back and enjoy the continued rise in stock prices expected and relatively more attractive dividend returns. Although the market still believes that the valuations of these sectors are a bit high and a correction has already occurred, it is certain that the more the assets of these sectors fall in the future, the higher the valuation cost-effectiveness will be.
Then, we will invest in other industry leaders with certain business performance growth, such as China Hongqiao, an asset with high certainty of performance growth mentioned above. In Hong Kong stocks, cheap valuations are not uncommon, but targets that simultaneously meet the requirements of high growth, low valuations, and good liquidity are rare. China Hongqiao mentioned in the above table seems to be one that meets the requirements.
It is worth mentioning that yesterday, Hongqiao's subsidiary sri lanka telegram data Hongchuang Holdings resumed trading after asset restructuring. The restructuring plan is to acquire 100% of the equity of Shandong Hongtuo Industrial, another subsidiary of Hongqiao, by issuing new shares to the existing shareholders of the target company. This move is seen by the market as a "snake swallowing an elephant" type of merger and acquisition. As a result, the company achieved strong limit-up for two consecutive days.
It is reported that Hongtuo Industrial is the core asset of China Hongqiao and one of the world's largest electrolytic aluminum producers. Its business covers the entire industrial chain of aluminum products. It has an annual electrolytic aluminum production capacity of 6.459 million tons and an annual alumina production capacity of 17.5 million tons. The revenue in 2024 was 149.909 billion yuan, and the net profit was as high as 20.262 billion yuan.