Analysis for China Hongqiao Group
Description & usage
China Hongqiao Group is a major producer of aluminum products and an important player in Chinas metals value chain. Earnings are highly sensitive to aluminum prices, power costs, and smelter utilization. Key valuation drivers are input-cost dynamics, price mix, operating-efficiency initiatives, and environmental policy requirements.
Basic info
- Symbol
- 1378.HK
- Type
- Stock
- Region
- Asia
- Sector
- Materials
- Available history
- 11.2 years
- Last trading day
- 04/02/2026
Basic info
- Symbol
- 1378.HK
- Type
- Stock
- Region
- Asia
- Sector
- Materials
- Available history
- 11.2 years
- Last trading day
- 04/02/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
China Hongqiao Group (1378.HK) currently has a total score of 75 points, placing it in the strong range. The score is made up of Performance (94), Stability (38) and Trend (84). The profile is clearly uneven: Performance stands out while Stability lags.
Performance scores 94 points (very strong). Key strength: 1Y return at 139.4 %. Even the weakest return is still strong in absolute terms: 5Y return at 270.1 %. This points to a sharper upswing more recently.
Stability scores 38 points (weak). Key strength: return/volatility ratio at 2.86. Main drag: volatility (365d, annualized) at 48.7 %. That implies elevated swings. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 84 points (very strong). Key strength: 12M momentum at 154.0 %. Even the weakest metric remains solid in absolute terms: SMA50 distance at 0.5 %.
Overall, the profile has a clear strength in Performance, while Stability is the main limiter. On a metric level, 12M momentum stands out, while volatility (365d, annualized) is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For this asset type, the current backdrop looks mixed rather than clearly directional.
Note: ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.