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Hong Kong Market Movers | Aluminum stocks rise collectively as LME aluminum inventories hit a 20-year low; institutions bullish on investment opportunities in China's aluminum industry chain
Aluminum stocks rose collectively. As of the time of writing, Innovative Industrial Holdings (02788) gained 6.21% to HK$20.02; China Aluminum Corporation (02600) rose 6.09% to HK$10.45; Nanshan Aluminum International (02610) increased by 5.38% to HK$32.50; and China Hongqiao Group (01378) climbed 2.39% to HK$27.44.
“Super Squeeze” Hits! Iran War Ignites Metals Markets; Copper and Aluminum Prices May Remain Elevated for Years
The conflict involving Iran is triggering a 'super squeeze' in the metals market, analysts warn, noting this episode differs fundamentally from past supercycles and could keep prices elevated for several years.
SK Hynix is attempting to substitute molybdenum for tungsten. The benchmark index of the Tianhong Nonferrous Metals ETF (159157) surged by 2.83%, attracting over RMB 7.5 billion in inflows across 79 trading days since its listing.
Gelonghui, June 11 — Industrial metals stocks traded with a bullish bias today. Hailiang Co., Ltd. and Jinduicheng Molybdenum Co., Ltd. hit their daily trading limits, Xiamen Tungsten rose by 8%, and Zhongwu High-tech gained more than 7%, driving the underlying index of the Tianhong Nonferrous Metals ETF (159157) to surge by 2.83%. Since its listing on February 6 this year, the Tianhong Nonferrous Metals ETF (159157) has seen net inflows for 78 consecutive trading days out of its first 79, accumulating total inflows of RMB 7.556 billion. The Tianhong Nonferrous Metals ETF (159157) tracks the CSI Industrial Nonferrous Metals Theme Index, which covers key metal sectors including copper, aluminum, rare earths, and tungsten, with major constituents including
Tight Supply to Anchor Asia-Pacific Aluminum Producers' Margins, Fitch Says
Shenwan Hongyuan: The upward cycle in non-ferrous metals remains intact, and the sector's favorable trend is expected to continue.
Indium phosphide substrates, currently a key raw material for optical modules, exhibit high demand certainty, making the future outlook for indium prices— as an upstream raw material—promising.
Aluminum Corporation of China Adds Governance Items to 2025 AGM Agenda