No Data
Profitability in the non-ferrous metals industry rebounds with year-on-year doubling growth! Several mining companies listed in Hong Kong rise over 5% in Q1.
①Profitability in the non-ferrous metals industry rebounded in the first quarter. How high is the current level of prosperity? ②Geopolitical tensions have triggered inflationary pressures. How will this drive trends in the non-ferrous metals sector?
Hong Kong Stock Market Movement | Innovation Industrial Holdings (02788) surged over 9% in the afternoon trading session. The supply-demand gap for overseas electrolytic aluminum continues to widen. The company holds a stake in an integrated project withi
Innovative Industries (02788) surged over 9% in the afternoon session. As of the time of writing, it was up 8.55%, trading at HKD 23.62, with a turnover of HKD 105 million.
Innovative Industries (02788.HK): A low-cost integrated aluminum enterprise, with the Saudi project expected to unlock a second growth curve.
Key investment highlights: A leading low-cost integrated aluminum company, focusing on the upstream of the aluminum industry chain. The company's core businesses include two major segments: alumina refining and electrolytic aluminum smelting, supported by self-owned power plants and green energy projects, forming a relatively complete “energy-alumina-electrolytic aluminum” system.
Chuangxin Wins Minority Backing to Fully Acquire Shandong New Materials and Tongliao Smart Mining Units
Hong Kong stocks moved notably as aluminum sector stocks collectively declined. Nanshan Aluminum International plummeted over 13% following a decline in net profit of its parent company.
Gelonghui, April 28 | Hong Kong-listed aluminum stocks collectively fell, with Nanshan Aluminum International plummeting over 13%, making it the worst performer. Chuangxin Industrial dropped nearly 6%, China Hongqiao fell more than 4%, Aluminum Corporation of China declined over 3%, and Rusal slipped over 1%. Reports indicate that Nanshan Aluminum International's controlling shareholder, Nanshan Aluminum (A-share listed), released its Q1 earnings report showing net profit attributable to shareholders at only 1.101 billion yuan, marking a significant year-on-year decline of 35.39%. Although revenue remained roughly flat, profitability saw a cliff-like drop, directly triggering market concerns about the entire group’s listed companies (including Nanshan Aluminum International). Analysts pointed out that the sharp decline in Nanshan Aluminum International
Chuangxin Industries will distribute a final dividend of HKD 0.77 per share on May 15.
Chuangxin Industrial (02788) announced that it will distribute a final dividend of HKD 0.77 per share for the fiscal year ending December 31, 2025, on May 15, 2026.