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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).
CHINAHONGQIAO: DATE OF BOARD MEETING
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