Changes in Hong Kong stocks | Yunnan production restrictions have begun to affect the supply-side, China Aluminum (02600) has risen by more than 4%, and China Hongqiao (01378) has risen nearly 3%
Aluminum stocks generally rose in early trading. As of press release, China Aluminum (02600) rose 3.99% to HK$4.17; China Hongqiao (01378) rose 2.36% to HK$6.95; Rusal (00486) rose 0.75% to HK$2.68; and Xingfa Aluminum (00098) rose 0.16% to HK$6.21.
Guohai Securities: The impact of production restrictions in Yunnan on the supply side has been shown to maintain the “recommended” rating of the aluminum industry
In the short term, the impact of production restrictions in Yunnan on the supply side has already appeared, and inventories have begun to be removed. As production restrictions advance, the supply side will become even more tense.
Changes in Hong Kong stocks | Strong performance in the non-ferrous sector, US inflation exceeds expectations and cools, institutions say demand in the non-ferrous industry will reach an inflection point next year
The non-ferrous sector performed strongly today. As of press release, Ganfeng Lithium (01772) rose 6.12% to HK$28.6; Zijin Mining (02899) rose 4.69% to HK$12.06; Luoyang Molybdenum (03993) rose 3.52% to HK$4.41; and China Aluminum (02600) rose 2.99% to HK$4.14.
Tianfeng Securities: Electrolytic aluminum changed from cost pricing in the past to supply and demand pricing, and related companies maintained high profits on tons of aluminum
On the basis that supply is limited and demand benefits from continuous growth driven by new energy sources, electrolytic aluminum has changed from cost pricing in the past to supply and demand pricing, so electrolytic aluminum companies have been able to maintain a high profit per ton of aluminum.
China Aluminum (02600.HK) reduced its holdings by 706,000 shares by BlackRock
Glonghui November 9 | According to the latest equity disclosure data from the Stock Exchange, on November 3, 2023, China Aluminum (02600.HK) was reduced by BlackRock, Inc., by an average price of HK$4.3135 per share in the market to 706,000 shares, involving about HK$3,0453 million. After the holdings were reduced, the latest number of positions held by BlackRock, Inc. was 196,996,390 shares, and the position ratio fell from 5.01% to 4.99%.
Changes in Hong Kong stocks | Non-ferrous stocks fell under collective pressure, Jiangxi Copper Co., Ltd. (00358) fell more than 5%, and Fed officials released a hawk
Non-ferrous stocks fell under collective pressure. As of press release, China Daye Nonferrous Metals (00661) fell 6.45% to HK$0.058; Jiangxi Copper (00358) fell 5.02% to HK$10.6; and China Aluminum (02600) fell 2.68% to HK$4.
Selected Announcements by Gelonghui | Sanhua Intelligent Control: Plans to repurchase 200 million yuan to 400 million yuan of company shares; Tianlong shares: not involving consumer electronics business, not chip business
[Hot Focus] Tianlong Co., Ltd. (603266.SH): Not involving the consumer electronics business, not the chip business, Tianlong Co., Ltd. (603266.SH) announced a stock trading risk warning. The company mainly engages in mold, injection molding, and assembly business. The main products are plastic functional structural parts. Although there are many application scenarios, they are not core components, and the added value of the products is not high. Currently, the company's main source of revenue is still mainly auto parts for traditional fuel vehicles, and the NEV business accounts for a relatively small share. The company is not involved in the consumer electronics business, nor is it involved in the chip business. The chip company that invests in foreign investment is a shareholding company. Currently, there is no reality
Aluminum Corporation of China Hikes Stake in Subsidiary by 0.13%
Aluminum Corporation of China, which intends to hike its stake in subsidiary Aluminum Corporation of China (HKG:2600), has bought 22,372,000 shares of the latter via the Shanghai bourse for some 136 m
China Aluminum (601600.SH): The controlling shareholder China Alcoa Group increased its holdings by a total of 22.372 million shares, and the company's A-share holdings will continue to increase in the future
Glonghui November 6 | China Aluminum (601600.SH) announced that as of the date of this announcement, the controlling shareholder China Alcoa Group has increased its holdings of the company's A shares by a total of 22.372 million shares through the Shanghai Stock Exchange trading system, accounting for about 0.13% of the company's total issued share capital, and the increase in holdings is about RMB 136 million. In the future, China Alcoa Group will continue to choose opportunities to increase its holdings in the company in accordance with the plan to increase its holdings.
Hong Kong stock concept tracking | The National Standing Committee will increase high-end rare earth new materials research institutions: the value center of the rare earth industry is expected to rise (with concept stocks)
Ping An Securities said that during the peak terminal season, demand recovery at an accelerated pace, centralized supply management, and limited growth, the value center of the rare earth industry is expected to rise. It is recommended to focus on leading companies with quotas for rare earth raw materials.
Debon Securities: Yunnan enters a period of regular dry water or may drive domestic electrolytic aluminum prices to rise
It is estimated that a total of 1.15 million tons of electrolytic aluminum will be discontinued in Yunnan, accounting for 20.3% of the current total electrolytic aluminum production capacity in Yunnan.
Huatai Securities: Yunnan electrolytic aluminum production cuts will have a strong supporting effect on electrolytic aluminum prices
The Zhitong Finance app learned that Huatai Securities released a research report saying that starting in November, electrolytic aluminum companies in Yunnan once again limited production, and the total scale of production reduction may reach 1.15 million tons, which is equivalent to 19.9% of Yunnan's current operating capacity of 5.78 million tons.
China Aluminum (02600.HK): China Aluminum Group increased its holdings of the company's A shares by 7.63 million shares
Glonghui, October 26, 丨 China Aluminum (02600.HK) announced that on October 26, 2023, China Aluminum Group increased its A-share holdings of the company by 7,630,000 shares through the Shanghai Stock Exchange trading system, accounting for about 0.04% of the company's total issued share capital, with an increase of approximately RMB 45 million. In the future, China Alcoa Group will continue to take opportunities to increase its shares in the company in accordance with the holdings increase plan.
[Instant Analysis of BT Financial Report] China Aluminum 2023 Third Quarter Report: Net profit increased by 105.35%, balance ratio declined, and performance was steady
Announcement time of this financial report: 2023-10-25 17:47:55 China Aluminum (stock code: 601600) is one of the largest aluminum manufacturers in China, mainly engaged in the production, processing and sales of aluminum and aluminum alloys. The company was founded in 2001 and is headquartered in Beijing, China. China Aluminum Corporation has many production bases and branches at home and abroad, and its products cover various fields such as aluminum plates, aluminum coils, and aluminum profiles. In terms of assets and liabilities, China Aluminum's total assets for the third quarter of 2023 were 210.34 billion yuan, a slight decrease from 212.348 billion yuan at the end of the previous year. liabilities
Chalco's Attributable Profit More Than Doubles in Q3
Aluminum Corp. of China or Chalco (SHA:601600, HKG:2600) recorded a 105.4% rise in its third-quarter attributable net profit to 1.94 billion yuan from 942.6 million yuan in the year-ago period. Dilute
China Aluminum (02600): Wu Maosen resigns as vice president
China Aluminum (02600) issued an announcement. Wu Maosen requested to resign as the company's vice president due to work needs. After deliberation,...
CHALCO: 2023 THIRD QUARTERLY REPORT
Changes in Hong Kong stocks | Rare earth concept stocks rise, Minmetals Resources (01208) rises more than 4%, Malaysia plans to ban rare earth exports, domestic rare earth prices are expected to start a rebound
According to market sources, Malaysia plans to ban exports of rare earths, processed mineral products can be exported, and the ban only targets raw materials.
Hong Kong stock concept tracking | Malaysia plans to ban rare earth exports, domestic rare earth prices are expected to start a rebound (with concept stocks)
On the afternoon of October 24, changes in the rare earth sector rose, and the rare earth ETF fund (516150) rose 2% in a straight line. According to the news, market sources say Malaysia plans to ban the export of rare earths. Processed mineral products can be exported; the ban only targets raw materials.
Oriental Securities: Demand pressure for electricity in Yunnan is high, focusing on the risk of electrolytic aluminum supply in the fourth quarter
In August 23, Yunnan's industrial electricity consumption reached 16.95 billion kilowatt-hours in a single month, a record high for the same period in the past 3 years.