Group 1 - China Hongqiao (01378) saw its stock price rise over 4%, reaching a new historical high of 28.96 HKD, with a trading volume of 566 million HKD [1] - Huatai Securities forecasts a global primary aluminum supply-demand gap of -59.1 million tons in 2025 and -84.3 million tons in 2026, predicting that LME aluminum prices may exceed 3200 USD/ton by 2026 [1] - Tianfeng Securities indicates that the tightening supply-demand dynamics are significantly improving the profitability of the electrolytic aluminum industry, with leading companies like China Hongqiao beginning to implement stable dividends [1] Group 2 - The electrolytic aluminum sector is transitioning from a traditional cyclical industry to a high-quality, scarce asset with price elasticity and dividend support [1] - The overall trend in the electrolytic aluminum industry is towards increased dividends this year, reflecting improved profitability amid supply constraints [1]
中国宏桥涨超4%继续创新高 机构称全球电解铝供需缺口或进一步扩大