China Hongqiao Group expects its net profit for the first half of 2026 to increase by approximately 39 per cent compared with the same period last year, according to a filing with the Hong Kong Stock Exchange. The company said the anticipated earnings growth is primarily driven by higher selling...
中文翻译附于新闻末尾，敬请继续阅读。 China Hongqiao Group is looking to raise the annual limits on a bauxite supply deal involving its subsidiary, Well Harvest Winning. The company said the current limits may not be enough for its expected needs over the coming years. The supply agreement runs until 2033 and is with...
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PT Well Harvest Winning Alumina Refinery, a joint venture between PT Harita Group and China Hongqiao, plans to build a smelting plant to process bauxite into aluminum in Ketapang, West Kalimantan. Harita's CEO, Lim Gunawan Hariyanto, said in Jakarta on Wednesday that construction of the smelting...
China Hongqiao Group Ltd. , China’s largest non-state aluminum producer, and competitors are boosting or maintaining output as the government seeks to trim capacity amid a global glut. China Hongqiao’s production will rise about 10 percent to 2 million metric tons this year, said Christine Wong,...
China Hongqiao Group Limited (01378) announced to build a joint venture with Winning Investment, PT. Cita and PT. Danpac in Indonesia, held 60%, 10%, 25% and 5% of share respectively. The JV’s issued capital was 94bn IDR ( 75,000 thousand HKD). This joint venture will establish and manage alumina...
Bauxite mining company PT Cita Mineral Investindo Tbk (CITA) established a joint venture company with companies from China and Hong Kong to develop an alumina smelter in West Kalimantan. Yusak Lumba Pardede, Corporate Secretary of Cita Mineral, said the smelter will have capacity of two tons per...
Fitch Ratings has affirmed aluminium manufacturer China Hongqiao Group Limited's (Hongqiao) Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at 'BB'. The Outlook is Positive. Fitch has also affirmed Hongqiao's senior unsecured rating at 'BB'. The ratings are currently constrained...
After a drawn-out bookbuilding that lasted almost 12 hours, aluminium producer China Hongqiao Group early yesterday morning priced its five-put-three convertible bond at the investor-friendly end, resulting in a 6.5% coupon and yield, and a 25% conversion premium. It wasn’t able to exercise the $50...
Hong Kong stocks jumped, with the Hang Seng Index gaining the most in two years, as companies reported improved earnings and rising U.S. retail sales boosted confidence demand is growing in the world’s largest economy. China Hongqiao Group Ltd., an aluminum products maker, soared 5.8 percent to...
Fitch Ratings has assigned primary aluminium manufacturer China Hongqiao Group Limited (Hongqiao) a Long-Term Foreign Currency Issuer Default Rating (IDR) of 'BB' with Positive Outlook, and a senior unsecured rating of 'BB'. The agency has also assigned Hongqiao's proposed senior unsecured notes an...
Fitch Ratings has assigned primary aluminium manufacturer China Hongqiao Group Limited (Hongqiao) a Long-Term Foreign Currency Issuer Default Rating (IDR) of 'BB' with Positive Outlook, and a senior unsecured rating of 'BB'. The agency has also assigned Hongqiao's proposed senior unsecured notes an...
...Shares in China Hongqiao slipped in Hong Kong on Friday, a day after its successful debut catapulted the main owner into the upper ranks of China’s wealthiest people. Shares in China Hongqiao fell by 0.9% to HK$7.83. A day earlier, the aluminum maker soared 15% on its debut. At Friday’s close,...
...Shares in China Hongqiao slipped in Hong Kong on Friday, a day after its successful debut catapulted the main owner into the upper ranks of China’s wealthiest people. Shares in China Hongqiao fell by 0.9% to HK$7.83. A day earlier, the aluminum maker soared 15% on its debut. At Friday’s close,...
...CHINA Hongqiao, a Chinese aluminium producer, plans to raise as much as $US2.2 billion ($2.2bn) in an IPO ahead of its Hong Kong listing. ..
