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Aluminum stocks generally rose, chinahongqiao (01378) increased by 3.29%. Institutions indicate that aluminum prices are expected to reopen an upward channel in the fourth quarter.
Chinahongqiao's stock price rose, with China Hongqiao (01378) up 3.29%, RUSAL (00486) up 2.15%, Xingfa Alum (00098) up 1.12%, and Aluminum Corporation of China (02600) following suit. Dongguan Securities stated that policy stimulus and fundamentals are performing together, with steady growth in aluminum market demand. Aluminum materials, with excellent properties such as lightweight, high strength, corrosion resistance, and strong heat dissipation, are widely used in transportation, aviation, energy engineering, architectural decoration, and other fields. Currently, the concepts of lightweight autos and green development are deeply rooted in people's hearts, with multiple terminal application scenarios ready to take off. Since September,
The Three-year Shareholder Returns and Company Earnings Persist Lower as United Company RUSAL International (HKG:486) Stock Falls a Further 13% in Past Week
Cancellation of aluminum and copper material export tax rebates; domestic and international prices show differentiation; leading enterprises accelerate overseas layout.
① Following the announcement of the cancellation of export tax rebates for aluminum and copper materials, aluminum prices showed a trend of "strong externally, weak internally"; ② In the long term, this will drive the industry to focus on high value-added product areas and the overseas expansion of enterprises.
Sealand: Eco-friendly policies affecting aluminum processing rates, alumina remains strong.
On the domestic front, the State Council stated that it will continue to effectively implement a package of incremental policies, evaluate and optimize policies in a timely manner.
Hong Kong stocks unusual movement | rusal (00486) rose more than 10% again, previously announced a 1.2 billion Hong Kong dollar share buyback, the company is bullish on china's aluminum demand boost
Rusal (00486) rose by over 10% again, with a cumulative increase of over 50% in nearly nine trading days. As of the time of writing, it rose by 9.2%, reaching 3.68 Hong Kong dollars, with a turnover of 11.051 million Hong Kong dollars.
sealand: Aluminum prices are fluctuating at high levels, with alumina remaining strong.
In the short term, domestic policies continue to exert force, with further expectations, actual realization on the demand side is relatively good, aluminum ingots inventory continues to decline, but it is still necessary to pay attention to subsequent changes in demand.
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