Aluminum stocks have collectively risen, with rusal (00486) up 3.53%. Institutions indicate that the peak impact of the real estate industry on aluminum demand has passed.

Jinwu Finance News | Aluminum stocks have risen collectively, with Rusal (00486) up 3.53%, aluminum corporation of china (02600) up 2.38%, and chinahongqiao (01378) up 1.76%. Guosen's research reports indicate that aluminum alloy materials have balanced performance, and their large-scale application has been relatively late, with new application areas constantly being explored, leading to a demand potential that was once underestimated. The bank believes that the peak impact of the real estate industry on aluminum demand has passed, and it will trend toward stability in the future; the substitution of aluminum for copper, steel, and wood is still on the rise, and there is significant potential for per capita aluminum consumption in developing countries, meaning there is still substantial growth space for aluminum demand.

Golden Guard Financial News20:52 ET

Huafu Securities: Tight supply at the ore end, downstream demand for electrolytic aluminum is resilient. Prices of alumina and electrolytic aluminum resonate.

With the peak season and expectations of the Federal Reserve's interest rate cuts and a soft landing strengthening, an increase in aluminum prices can be anticipated.

Zhitong FinanceNov 28 00:36 ET

French miners lament that the profitability of nickel mining business cannot be achieved without china technology and equipment.

① The multinational mining giant Ehmann stated that western companies cannot make a profit in the nickel mining business in Indonesia without relying on china's technology, equipment, and management experience; ② Ehmann and BASF have canceled the 2.6 billion dollar nickel-cobalt refining plant project in Indonesia due to it being 'economically unfeasible'; ③ Ehmann is collaborating with China’s Qingshan Holding to operate the nickel mine in Weda Bay, with the CEO stating that china's technology, expertise, and equipment are key to competitiveness.

cls.cnNov 25 07:22 ET

Hongqiao Group Slashes Conversion Price of 5.25% Bonds Due 2026

MT NewswiresNov 22 07:41 ET

chinahongqiao (01378.HK): Adjusting the conversion price of the USD 0.3 billion 5.25% convertible bonds maturing in 2026.

Glory Times November 22nd | chinahongqiao (01378.HK) announced that, according to the terms and conditions of the 2021 convertible bonds, due to the company's dividend declaration, the conversion price of the 2021 convertible bonds will be adjusted from HK$6.54 per share to HK$6.14 per share, effective from November 25, 2024 (the business day following the record date related to the dividend declaration (i.e., November 22, 2024)).

Gelonghui FinanceNov 22 03:38 ET

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,

Jingwu Financial NewsNov 18 22:12 ET