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GTJA: After the holiday, the operating rate of Copper and Aluminum processing continues to recover, and the inflection point for inventory reduction has appeared.
GTJA Securities stated that the Two Sessions are currently being held, releasing signals for stable growth, and macro expectations are improving. At the same time, after the holiday, the processing rate of Copper and Aluminum continues to recover, approaching the peak season, and there has been a turning point in the destocking of social reserves, providing support for prices.
Hong Kong stocks are moving | Aluminum stocks rose in early trading, reports indicate that aluminum import premiums from Japan soared by 14%. Morgan Stanley predicts that there will be a supply shortage in the aluminum market.
Aluminum stocks rose in early trading. As of this report, CHINAHONGQIAO (01378) increased by 4.58%, reaching 15.06 HKD; Aluminum Corporation Of China (02600) rose by 3.95%, reaching 5.26 HKD; RUSAL (00486) increased by 2.18%, reaching 5.16 HKD.
Hong Kong stock Concept tracking | The Global Aluminum market will tighten in 2025, and Aluminum companies will benefit from rising Aluminum prices (including Concept stocks).
JPMorgan stated that the Global Aluminum market will tighten to a gap of over 0.6 million tons by 2025.
Base Metal Prices Rise; Aluminum Market Set for Deficit in 2025 -- Market Talk
Hong Kong stocks movement | CHINAHONGQIAO (01378) surged over 5% during the session. On the 14th of this month, annual results will be announced, with a profit warning indicating that the full-year net profit is expected to increase by approximately 95%.
CHINAHONGQIAO (01378) rose more than 5% during the trading session. As of the time of writing, it increased by 4.11%, reaching HKD 13.68, with a transaction volume of 0.432 billion HKD.
CHINAHONGQIAO (01378.HK) plans to hold a Board of Directors meeting on March 14 to approve the annual performance.
On March 4, Gelonghui reported that CHINAHONGQIAO (01378.HK) announced that the Board of Directors will hold a meeting on March 14, 2025 (Friday) at Room 5105, 51st Floor, Cheung Kong Center, 2 Queen's Road Central, Hong Kong, to consider and approve the publication of the group's annual results for the fiscal year ending December 31, 2024, and to propose the payment of a final dividend (if any).
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