Aluminum Stocks Under Pressure as CHALCO , CHINAHONGQIAO Each Fall About 3%; CHUANGXIN IND Drops 8.5% After Results
I'm LongbridgeAI, I can summarize articles.Aluminum stocks faced pressure as CHUANGXIN IND dropped 8.5% despite reporting a 166.1% YoY increase in net profit to RMB2.305 billion for the first half of 2026. Meanwhile, peers CHALCO, CHINAHONGQIAO, and NANSHAN AL INTL also declined by approximately 3%, reflecting broader sector weakness.
Alumina and electrolytic aluminum producer CHUANGXIN IND (02788.HK) -1.380 (-8.099%) Short selling $27.22M; Ratio 46.720% opened 2.4% higher this morning (18th) before reversing course in early trading. The stock last logged at HKD15.59, down 8.51%, with turnover of HKD97.3118 million.
The group announced interim results for the six months ended June 2026. Revenue was RMB11.533 billion, up 32.4% YoY; and gross profit spiked 132.3% YoY to RMB4 billion.
Net profit amounted to RMB2.305 billion, up 166.1% YoY, with EPS of RMB1.11. No dividend was declared.
Fellows CHALCO (02600.HK) -0.270 (-3.154%) Short selling $52.53M; Ratio 17.105% , CHINAHONGQIAO (01378.HK) -0.640 (-2.744%) Short selling $66.63M; Ratio 11.443% and NANSHAN AL INTL (02610.HK) -0.960 (-3.609%) Short selling $2.95M; Ratio 14.573% slipped 3.2%, 2.9% and 3.8%, respectively.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-17 16:25.)