Group 1 - Steel stocks saw significant gains in the afternoon, with China Hanking (03788) up 5.3% to HKD 4.37, Maanshan Iron & Steel (00323) up 4.92% to HKD 2.56, China Oriental Group (00581) up 4.69% to HKD 1.34, and Ansteel (00347) up 4.33% to HKD 2.17 [1] - The Ministry of Industry and Information Technology and other departments issued the "Steel Industry Growth Stabilization Work Plan (2025-2026)" on September 22, setting an average annual growth target of around 4% for the steel industry's added value over the next two years [1] - The plan emphasizes "stabilizing growth and preventing internal competition," providing a clear implementation path for structural adjustment and high-quality development in China's steel industry [1] Group 2 - From January to August 2025, profits of large-scale industrial enterprises reached CNY 46,929.7 million, a year-on-year increase of 0.9% [2] - The black metal smelting and rolling industry reported a total profit of CNY 837 million from January to August 2025, compared to a loss of CNY 169.7 million in the same period last year [2] - In August 2025, the industry's profit reached CNY 193.4 million, an increase of CNY 12.6 million from the previous month, marking a new monthly profit high for the year [2] - The industry's profit is expected to continue improving due to supply-side adjustments and transformation upgrades, along with a trend of improving demand, indicating a positive long-term outlook for steel fundamentals [2]
港股异动 | 钢铁股午后涨幅扩大 钢铁行业稳增长政策近日发布 前八月钢企盈利继续改善