CMB: Correction Creates Buying Opportunity, Raising China Hongqiao (01378.HK) Target Price to HK$34.

According to the Wisdom Financial APP, although China Hongqiao (01378.HK) has experienced a pullback after reaching a recent high, Morgan Stanley believes that this is a buying opportunity for investors. The bank holds a constructive attitude towards the prospects of the aluminum industry in 2026. Morgan Stanley maintains a "overweight" rating on China Hongqiao and raises its target price from 26.5 Hong Kong dollars to 34 Hong Kong dollars.