Stock Track | China Hongqiao Plummets 12.64% Intraday on FY Profit Miss and Iran Conflict Concerns
Stock Track
Yesterday
China Hongqiao's stock plummeted 12.64% during intraday trading on Monday, hitting its lowest level in over three months.
The sharp decline followed the company's release of its full-year 2025 financial results, which showed a net profit increase of just 1.2% year-over-year, missing market expectations despite a 4% rise in revenue. Analysts cited the profit miss as a key driver behind the sell-off.
Citi maintained a "Buy" rating on the stock but noted that operating profit was in line while net profit fell short. The bank also highlighted the ongoing Iran conflict as a significant headwind for Hongqiao, casting doubts on demand sustainability and aluminium prices in the near term.
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