12 390561 2601 4976 3.1 产业资讯 国内新增产能集中释放,虽然几内亚雨季使铝土矿出港量下滑, 可能对 9 月供应产生阶段性扰动,但从同比数据看,发运量仍处高 位。另外,市场预期四季度还有 600 万吨新产能集中投产,供应压 力在未来一段时间内仍将持续。 3.2 技术分析 从 K 线形态来看, 近期价格在一定区间内震荡, 上方面临一定 压力位，下有一定支撑位。从技术指标分析，小时图 MACD 有底背 离信号，但价格尚未突破 20 日均线压制，显示短期多空力量较为胶 8 2: 氧化铝期货目行情表 20250910 | 交割月份 | 前结算 | 今州暨 | 居高价 | 层低价 | 收盘价 | 结算参考价 | 涨跌1 | 涨跌2 | 成交手 | 成交領 | 持仓手/变化 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 商品名称:氢化铝 | | | | | | | | | | | | | | 2509 | 2908 | 2894 | 2894 | 2860 | 2874 | ...

中银证券价值精选混合（002601）基金经理为林博程、赵颖芳。 截至发稿，林博程累计任职时间7年185天，现任基金资产总规模8.54亿元，任职期间最佳基金回报 110.75%， 任职期间最差基金回报-48.35%。 9月12日，神火股份涨5.14%，截至发稿，报20.04元/股，成交8.06亿元，换手率1.81%，总市值450.77亿 元。 资料显示，河南神火煤电股份有限公司位于河南省永城市东城区东环路北段369号，成立日期1998年8月 31日，上市日期1999年8月31日，公司主营业务涉及铝产品、煤炭的生产、加工和销售及发供电。主营 业务收入构成为：电解铝69.40%，煤炭14.11%，铝箔6.41%，铝箔坯料4.44%，贸易3.82%，其他业务 1.73%，运输0.05%，阳极炭块0.03%，型焦0.03%。 从基金十大重仓股角度 数据显示，中银证券旗下1只基金重仓神火股份。中银证券价值精选混合（002601）二季度持有股数 23.51万股，占基金净值比例为3.24%，位居第八大重仓股。根据测算，今日浮盈赚取约23.04万元。 中银证券价值精选混合（002601）成立日期2016年4月29日，最新规模1 ...

Group 1 - China Aluminum (02600.HK) experienced a significant increase in stock price, rising over 5% and reaching a peak increase of 7.18% to 7.61 HKD per share [2] - The trading volume for China Aluminum was reported at 893 million HKD [2]

Group 1 - China Hongqiao's stock price rose by 6.86% to HKD 26.8, reaching a historical high, with a year-to-date increase of 149.53% and a market capitalization of HKD 256.5 billion [1] - The company announced a share buyback plan, spending HKD 2.4636 million to repurchase 100,500 shares at a price range of HKD 24.2 to 24.8 per share [1] - Jefferies highlighted that the mid-term performance is strong, with HKD 2.6 billion already repurchased in the first half of 2025 and plans for at least HKD 3 billion in stock buybacks, alongside an annual dividend yield exceeding 60% [1] Group 2 - Morgan Stanley indicated that there is over an 80% chance of China Hongqiao's stock price increasing in the next 30 days [1] - The potential interest rate cuts hinted by Federal Reserve Chairman Jerome Powell could benefit commodity prices, and the upcoming end of the consumption off-season is expected to support aluminum prices, which is favorable for China Hongqiao [1] - The announced stock buyback is anticipated to drive the stock price up in the short term [1]

Core Viewpoint - China Aluminum (601600) shares rose over 5%, reaching a peak increase of 7.18% at HKD 7.61, with a trading volume of HKD 893 million [1] Group 1: Company Performance - Goldman Sachs reported that China Aluminum's net profit for the first half of the year was RMB 7.1 billion, or earnings per share of RMB 0.412, reflecting a year-on-year growth of 1% [1] - Goldman Sachs raised its profit forecast for China Aluminum for 2025-2026 by 11% to 15%, expecting regular net profits to remain strong at RMB 13.3 billion in 2025 and RMB 14 billion in 2026, supported by projected aluminum price spreads of RMB 4,820 per ton in 2025 and RMB 4,700 per ton in 2026 on the Shanghai Futures Exchange [1] - Goldman Sachs maintained a "Buy" rating on China Aluminum's H-shares, increasing the target price from HKD 6.3 to HKD 7.6 [1] - UBS also assigned a "Buy" rating to China Aluminum, raising the target price from HKD 6.2 to HKD 7.9 [1] Group 2: Industry Insights - The Ministry of Commerce recently released the "2024 Annual Statistical Bulletin on China's Foreign Direct Investment," indicating that the mining sector remains highly active in foreign direct investment, ranking among the top five concentrated areas for such investments [1] - The bulletin's data shows that China's mining sector continues to attract strong investment interest and confidence from enterprises [1]

Group 1 - China Aluminum (02600) saw a stock price increase of over 5%, reaching a rise of 7.18% to HKD 7.61, with a trading volume of HKD 893 million [1] - Goldman Sachs reported that China Aluminum's net profit for the first half of the year was RMB 7.1 billion, or earnings per share of RMB 0.412, reflecting a year-on-year growth of 1% [1] - Goldman Sachs raised its profit forecast for China Aluminum for 2025-2026 by 11% to 15%, predicting recurring net profits of RMB 13.3 billion in 2025 and RMB 14 billion in 2026, supported by aluminum price differentials of RMB 4,820 per ton in 2025 and RMB 4,700 per ton in 2026 [1] Group 2 - Goldman Sachs maintained a "Buy" rating on China Aluminum's H-shares, increasing the target price from HKD 6.3 to HKD 7.6 [1] - UBS also assigned a "Buy" rating to China Aluminum, raising the target price from HKD 6.2 to HKD 7.9 [1] - The Ministry of Commerce's 2024 report indicated that China's mining sector remains highly active in foreign direct investment, being one of the five key areas for such investments, with strong investment willingness and confidence among enterprises [1]

新能源及有色金属日报 | 2025-09-12 铝期货方面：2025-09-11日沪铝主力合约开于20780元/吨，收于20915元/吨，较上一交易日变化130元/吨，最 高价达20920元/吨，最低价达到20750元/吨。全天交易日成交106885手，全天交易日持仓204582手。 库存方面，截止2025-09-11，SMM统计国内电解铝锭社会库存62.5万吨，较上一期变化-0.6吨，仓单库存65734 吨，较上一交易日变化797吨，LME铝库存485275吨，较上一交易日变化0吨。 氧化铝现货价格：2025-09-11SMM氧化铝山西价格录得3025元/吨，山东价格录得3005元/吨，河南价格录得 3065元/吨，广西价格录得3215元/吨，贵州价格录得3230元/吨，澳洲氧化铝FOB价格录得338美元/吨。 氧化铝期货方面：2025-09-11氧化铝主力合约开于2923元/吨，收于2945元/吨，较上一交易日收盘价变化23元/ 吨，变化幅度0.79%，最高价达到2962元/吨，最低价为2923元/吨。全天交易日成交249216手，全天交易日持 仓273311手。 铝合金价格方面：2025-09-11保太 ...

Core Viewpoint - Ming Tai Aluminum (601677) has shown a positive trend in financing activities, with a net financing purchase of 348.7 million yuan on September 11, 2025, indicating strong investor interest [1]. Financing Activities - On September 11, 2025, the financing buy amounted to 50.89 million yuan, while financing repayment was 47.40 million yuan, resulting in a net financing purchase of 348.7 million yuan [1]. - The financing balance reached 9.78 billion yuan, with a cumulative net purchase of 23.39 million yuan over the last three trading days and 14 out of the last 20 trading days showing net financing purchases [1][4]. Margin Trading - On the same day, 2,000 shares were sold short, with 2,900 shares being repaid, leading to a net short sale of 900 shares, and a remaining short balance of 20,130 shares [2][3]. - Over the last 20 trading days, there were 11 days of net short sales, indicating a mixed sentiment in the market [2]. Margin Balance Changes - The total margin balance on September 11, 2025, was 9.80 billion yuan, reflecting an increase of 3.57 million yuan or 0.36% from the previous day [4]. - The margin balance has shown fluctuations, with a notable increase of 34.83 million yuan or 3.77% on September 8, 2025 [4]. Market Sentiment - An increase in financing balance suggests a bullish market sentiment, while an increase in short selling indicates a bearish sentiment [5].

Group 1 - The core viewpoint of the news is that Ming Tai Aluminum Industry has shown significant trading activity and financial performance, with a notable increase in financing and a mixed performance in revenue and profit [1][2][3] Group 2 - On September 11, Ming Tai Aluminum's stock rose by 1.18%, with a trading volume of 318 million yuan. The financing buy-in amount for that day was 50.89 million yuan, while the financing repayment was 47.40 million yuan, resulting in a net financing buy of 3.49 million yuan [1] - As of September 11, the total balance of margin trading for Ming Tai Aluminum was 980 million yuan, with the financing balance accounting for 5.86% of the circulating market value, indicating a high level compared to the past year [1] - The company reported a total of 55,800 shareholders as of June 30, a decrease of 1.63% from the previous period, while the average circulating shares per person increased by 3.84% to 21,814 shares [2] - For the first half of 2025, Ming Tai Aluminum achieved an operating income of 16.999 billion yuan, representing a year-on-year growth of 11.00%, but the net profit attributable to shareholders decreased by 12.11% to 940 million yuan [2] - Since its A-share listing, Ming Tai Aluminum has distributed a total of 1.364 billion yuan in dividends, with 533 million yuan distributed in the last three years [3] - As of June 30, 2025, Hong Kong Central Clearing Limited was the fourth largest circulating shareholder, holding 23.81 million shares, an increase of 7.70 million shares from the previous period [3]

Group 1 - The company China Hongqiao (01378) announced a share buyback plan [1] - The total amount allocated for the buyback is HKD 2.4636 million [1] - The company plans to repurchase 100,500 shares at a price range of HKD 24.2 to HKD 24.8 per share [1]