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

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.

cls.cnNov 17 02:21 ET

chinahongqiao (01378) is flourishing: strong performance in the second half of the year, can we still expect good results next year?

Simultaneously possessing offensive and defensive attributes, chinahongqiao is naturally considered an indispensable variety in a bull market, hence it's no wonder that the company's stock price has outperformed this year.

Zhitong FinanceNov 14 21:28 ET

China Hongqiao Group (HKG:1378) Is Investing Its Capital With Increasing Efficiency

Simply Wall StNov 13 20:28 ET

Aluminum stocks weaken, Aluminum Corporation of China (02600) fell by 4.91%. The Nonferrous Metals Industry Association stated that there are irrational factors in the trend of alumina prices.

Kingwu Financial News | Aluminum stocks weakened, as of the time of publication, Aluminum Corporation of China (02600) fell by 4.91%, Aluminum Corporation of China (01378) fell by 2.34%, Xingfa Alum (00098) fell by 1.36%. On the news side, a relevant person in the China Nonferrous Metals Industry Association answered questions from reporters about the current aluminum oxide market: We believe that there are irrational factors in the trend of aluminum oxide prices, and there is obvious excessive speculation by capital. Calculating based on current costs and prices, the average profit of the aluminum oxide industry exceeds 2000 yuan per ton, which is unsustainable and should not continue. First, we hope that all parties will treat the market with awe, abide by the rules,

Golden Guard Financial NewsNov 11 01:22 ET

[Brokerage Focus] Haitong Int'l Raises Chinahongqiao (01378) Target Price by 25% Due to Rising Aluminum Prices, Boosting Company Profits

Jingu Finance News | Haitong Int'l issued a research report, stating that Chinahongqiao (01378) subsidiary Shandong Hongqiao achieved revenue of 110.07 billion yuan in 24Q1-3, a year-on-year increase of 12.5%, and net income of 15.75 billion yuan, a year-on-year increase of 141.4%; Q3 achieved revenue of 38.02 billion yuan, a year-on-year increase of 13.9%, a quarter-on-quarter increase of 2.0%, and net income of 5.96 billion yuan, a year-on-year increase of 38.0%, a quarter-on-quarter increase of 9.4%. The bank stated that the rise in aluminum prices has increased the company's profits. Aluminum: Influenced by the shortage of Australian henry hub natural gas supply.

Jingu Finance NewsNov 10 19:56 ET