Core Viewpoint - China Hongqiao (01378) has seen a significant stock price increase, attributed to recent production cuts in the overseas electrolytic aluminum sector, indicating a tightening supply-demand balance in the industry [1] Group 1: Company Performance - China Hongqiao's stock rose nearly 7%, currently trading at 29.24 HKD with a trading volume of 477 million HKD [1] - The company is implementing stable dividend policies, reflecting a shift towards becoming a high-quality, scarce asset in the market [1] Group 2: Industry Trends - Recent production cuts at overseas electrolytic aluminum plants, including Century Aluminum's Grundartangi plant, are expected to last over six months, contributing to a tighter supply [1] - Global electrolytic aluminum supply-demand gap is projected to widen to 800,000 tons by 2026, with LME aluminum prices expected to rise above 3,200 USD/ton next year [1] - The profitability of the electrolytic aluminum industry is improving significantly, with expectations for sustained high profits due to ongoing supply constraints [1]
港股异动 | 中国宏桥(01378)再涨近7% 海外电解铝近期出现减产事件 电解铝整体供需缺口或进一步扩大