Understanding the Market | CHINAHONGQIAO rose over 6% during the session as interest rate cut expectations continue to strengthen, benefiting aluminum prices. The company's equity production capacity increase will enhance profits
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CHINAHONGQIAO's stock price rose over 6% during the session, and as of the time of writing, it has increased by 5.74%, reaching HKD 26.52. Influenced by expectations of interest rate cuts and rising aluminum prices, LME aluminum rose by 2.06%. Analysts pointed out that interest rate cuts will benefit aluminum prices, and the company's increased equity capacity will enhance profits, with expectations for rising aluminum prices
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