Hong Kong Stock Movement: CHINAHONGQIAO's stock price soared 10.31%, driven by impressive performance and upgrades from multiple brokerages

Hong Kong Stock Movement CHINAHONGQIAO rose 10.31%. Based on recent key news: On November 6, Zhongtai Securities' research report pointed out that CHINAHONGQIAO's core subsidiary Shandong Hongqiao had impressive performance in the first three quarters, with revenue increasing by 6.23% year-on-year and net profit increasing by 23.15% year-on-year. The institution raised its aluminum and alumina price expectations for the next three years and maintained a "Buy" rating for the company. On November 5, Citigroup released a research report, raising the target price for CHINAHONGQIAO to HKD 36 and maintaining a "Buy" rating. Citigroup expects the company to benefit from the continuous growth of aluminum smelting profit margins and focus on enhancing shareholder returns. On November 3, Guosheng Securities released a research report, maintaining a "Buy" rating for CHINAHONGQIAO, and expects the company to achieve leapfrog growth through overseas expansion and deep empowerment of upstream and downstream. The aluminum industry's supply and demand are tight, maintaining high profit margins. Stocks with High Trading Volume in the Industry Aluminum Corporation of China rose 12.21%. Based on recent key news: On November 3, Aluminum Corporation of China's non-executive director Li Xiehua resigned. This change did not have a significant impact on the company's operations but may raise market concerns about the company's governance structure. Source: Economic Information Daily On November 6, the global aluminum market's supply-demand gap widened, supporting high fluctuations in aluminum prices. Huatai Research Institute expects a global primary aluminum supply-demand gap of 591,000 tons in 2025, expanding to 843,000 tons in 2026, driving up aluminum prices. Source: Huatai Research Institute, global aluminum market supply-demand tight, prices rising. Nanshan Aluminum International rose 5.87%, with a trading volume reaching HKD 165 million, and there has been no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation. Rusal rose 2.80%. Based on recent key news: On November 3, Rusal announced that it would hold a board meeting on November 6 to discuss matters proposed for the shareholders' special meeting. This move may affect the company's strategic decisions and shareholder interests, demonstrating the company's commitment to transparent communication, driving up the stock price. The aluminum industry's demand is stable, and the market is paying attention to policy changes. Stocks with High Market Capitalization in the Industry Xingfa Aluminum rose 0.13%, with a market capitalization of HKD 3.189 billion, and there has been no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation