China Hongqiao (01378) rose 4.5 percent in early tradingslotgames.95%, currently reported at 11slotgames.44 Hong Kong dollars, with a turnover of HK$78.7132 million.

UBS released a report stating that China Hongqiao subsidiary Shandong Hongqiao in the first quarter of fiscal year 2024slotgamesThe net profit performance of the company is better than the company's earlier offerslotgamesThe business guidance of the Company is also in line with market expectations. The bank made an optimistic forecast that China Hongqiao's first-quarter results in fiscal year 2024 are expected to meet the bank's forecast of 28%, and are also expected to meet market expectations of 30%. China Hongqiao's prospects and performance guidance have not changed, and investors are expected to respond well. Taking the above factors into account, the bank set its target price at HK$9.5 and maintained its "Buy" rating.