r/hkstocks
Ex-div week has me watching aluminium cash-return names
Bullish on China Hongqiao (1378.HK) ahead of ex-div, citing strong Q1 profit growth, operating leverage, and tight aluminum market.
- Dividend screens are currently more attractive than chasing AI momentum.
- Commodity producers with operating leverage and strong cash flow offer solid value for income investors.
Dividend screens are getting more useful rn than just chasing whatever AI name is moving. China Hongqiao (1378.HK) caught my eye again because its HK$1.65 final dividend goes ex-div this week, and the Q1 update was pretty solid: revenue barely moved, but profit jumped around 37.6% YoY. That’s the kind of operating leverage I actually like in a commodity name.
I’m not looking at it as some quick dividend-capture trade though. The cleaner angle is: if aluminium stays tight, a low-noise producer that’s still throwing off cash could keep getting attention from income + value people.
Anyone here watching 1378.HK before ex-div, or do you usually avoid commodity dividend plays?