Aluminum Rally Fades as Traders Weigh Signs of Weak US Economy

BNN BloombergFeb 24 07:40 ET

Sealand: Downstream demand in the Aluminum Industry continues to recover, maintaining an "outperform" rating for the industry. Attention to CHINAHONGQIAO (01378) and others.

In the short term, downstream demand is still in the process of recovery, with good expectations in fields such as photovoltaics and Autos, while Aluminum prices continue to fluctuate upward.

Zhitong FinanceFeb 24 01:31 ET

UBS Group: Bullish on Nonferrous Metals due to supply-side constraints, preferred stock is CHINAHONGQIAO (01378) with a Target Price of 14 HKD.

The UBS Group research team believes that the "232 clause" has a very limited impact on China's Steel/Aluminum exports, primarily because China's export volume to the US is relatively small and already faces high tariffs.

Zhitong FinanceFeb 21 01:03 ET

CHINAHONGQIAO (01378.HK) canceled 11.6495 million repurchased shares on February 20.

Gelonghui February 21丨CHINAHONGQIAO (01378.HK) announced that 11.6495 million repurchased shares will be cancelled on February 20, 2025.

Gelonghui FinanceFeb 20 19:05 ET

Rubber Market Closes Slightly Higher Amid Supply Concerns And Crude Oil Gains

BernamaFeb 18 04:50 ET

[Brokerage Focus] CITIC SEC: Optimistic about the allocation value of the Metal Sector, with a focus on Copper, Aluminum, and Rare Earths.

Jinwu Finance News | CITIC SEC Research Reports suggest that under the macro narrative of liquidity and inflation, the metal bull market that started in 2019 has not yet concluded. Multiple factors such as ongoing supply constraints, the unpriced recovery in demand, and trading fluctuations caused by trade disputes are expected to drive metal sector stock prices to new heights by 2025. The firm believes that the current Industrial Metals, Copper and Aluminum, benefit from strong supply constraints and resilient demand, potentially offering greater expectation gaps. The rare earth sector is also poised to benefit from policy support and the momentum from emerging high-boom downstream sectors, suggesting a continuous market. Currently, the firm continues to be bullish on the allocation value of the metal sector and prioritizes recommendations.

King Wu Financial NewsFeb 17 19:40 ET