CI-CHQG@EC2607A

HARBOUR DIGITAL

CONGYU INTE AGR

GF HEALTHCARE

KWONG MAN KEE

51WORLD

160 HEALTH

HUILI RES

HUAYUEXPRESSWAY

METASURFACE

CHERISH SUN

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Chinese billionaire Zhang Bo's wealth has surged to $48 billion due to rising aluminum prices, driven by a global shortage of the metal. As chairman of China Hongqiao Group, the world's largest private aluminum producer, Zhang has seen his family's wealth increase by 110% over the past year. Aluminum prices have risen over 25%, influenced by demand from sectors like new energy vehicles and geopolitical tensions. Analysts predict prices could reach $3,600 per tonne if production is disrupted. Zhang's strategic investments in bauxite resources have positioned his company to capitalize on supply gaps in the market.

vnexpress

Dacheng Non-Ferrous Metal Futures ETF

Yinhua CSI Non-ferrous Metal ETF

Guotai CSI Non-ferrous Metal ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Wanjia CSI Industry Non-Ferrous Metal Theme ETF

HONBRIDGE

China Southern CSI SWS Non-Ferrous Metal ETF

CHINAHONGQIAO

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

CHINA HONGGUANG

Chinese billionaire Zhang Bo sees wealth surpassing $48B as aluminum prices jump

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China January-February unwrought aluminium and product exports up 12.8% at 971,000 metric tons - customs

marketscreener

NANSHAN ALUMINIUM

NANSHAN AL INTL

CHALCO

GF CSI Rare Metals Theme ETF

Hwabao WP CSI Non-ferrous Metal ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

China January-February unwrought aluminium and product exports up 12.8% at 971,000 metric tons - customs

Zhang Bo, head of China Hongqiao Group, has seen his fortune soar to US$48 billion as aluminium prices surged over 25% in the past year. The company, a major aluminium producer, has benefited from increased demand in sectors like new energy vehicles and disruptions in global supply due to geopolitical tensions. Zhang's strategic investments in bauxite mines and power plants have positioned Hongqiao as one of the lowest-cost producers globally. Despite the wealth increase, the company faces risks from aluminium price volatility and potential economic slowdowns.

Businesstimes News

Aluminium’s surge propels Chinese tycoon to US$48 billion fortune

Zhang Bo, who took over China Hongqiao Group in 2019, has seen his fortune soar to $61 billion as aluminum prices surged over 25% due to rising demand from new energy sectors and geopolitical tensions. His company, a major aluminum producer, has benefited from low-cost output and strategic investments in bauxite resources. Despite the company's success, it remains vulnerable to price volatility and economic uncertainties. Zhang's wealth has increased by 110% in the past year, positioning him as Asia's richest metals tycoon.

Straitstimes

Aluminum’s surge propels Chinese tycoon to $61 billion fortune

Aluminium prices fell sharply, down 2.88% on the Shanghai Futures Exchange, following President Trump's promise for a swift resolution to the Middle East conflict, which alleviated supply concerns. The London Metal Exchange also saw a decline in aluminium prices, dropping 2.11%. Despite this, analysts warn that aluminium remains vulnerable to price increases due to potential supply shocks from ongoing regional tensions. Other metals like copper and nickel experienced slight gains, while lead and zinc remained stable.

Reuters

METALS-Aluminium slides as Trump vows quick Mideast war resolution

Zhang Bo, who took over China Hongqiao Group in 2019, has seen the company's stock surge by 585%, making him Asia's wealthiest metals tycoon. This significant increase highlights the company's status as a leading aluminum producer and reflects Zhang's strategic leadership and business acumen in the metals industry.

CoinLive

China Hongqiao Group's Stock Surge Elevates Zhang Bo as Asia's Wealthiest Metals Tycoon

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Shanghai's most active aluminium futures contract rises more than 3%

IMPULSE

Huafon Aluminium

XJJW

Yunnan Aluminium

Jiaozuo Wanfang

Mtalco

Shanghai's most active aluminium futures contract rises more than 3%

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JD-SW(09618) rose 9.95%, with a trading turnover 5.1 Billion HKD, and a year-to-date fell 4.5%. GEELY AUTO(00175) rose 7.92%, with a trading turnover 1.2 Billion HKD, and a year-to-date fell 8.6%. YOFC(06869) fell 7.79%, with a trading turnover 3.9 Billion HKD, and a year-to-date rose 167.9%. PRADA(01913) fell 5.76%, with a trading turnover 206.3 Million HKD, and a year-to-date fell 9.2%.

- The Hang Seng Index increased by 1.72%, with a year-to-date gain of 0.5%, while the Hang Seng Tech Index rose by 3.15%, but has declined by 10.3% this year.  
- JD.com saw a notable increase of 9.95% with a trading volume of 5.06 billion HKD, yet it remains down 4.5% year-to-date, while Geely Automobile rose by 7.92% with a trading volume of 1.21 billion HKD, down 8.6% in 2026.  
- In contrast, Longxing Optical Fiber Cable fell by 7.79% despite a trading volume of 3.87 billion HKD, maintaining a significant year-to-date gain of 167.9%, whereas Prada dropped by 5.76% with a trading volume of 210 million HKD, marking a 9.2% decline this year.

Top Gainers & Losers

JD-SW

GEELY AUTO

TRIP.COM-S

INNOVENT BIO

MUYUAN

YOFC

PRADA

CMOC

Top 5 HK Stock Gainers/Losers (>100B) (3.6)

CENX

KALU

JP Morgan warned that major smelters in the Middle East, such as Qatar Energy, have successively halted production or declared force majeure, affecting nearly 18% of global primary aluminum exports. Meanwhile, the inventory of alumina, the raw material, is only sufficient to last for a few weeks, making larger-scale production cuts at smelters imminent. If the production cut trend continues to evolve, there is potential for aluminum prices to rapidly hit the $4,000/ton mark. Bank of America also sees the fragility of the supply chain, raising its forecast for the aluminum supply gap in 2026 from 1 million tons to 1.5 million tons

- The Middle East conflict has entered its seventh day, severely impacting the global aluminum market with major smelters announcing production halts due to disruptions in the Strait of Hormuz.  
- JPMorgan identifies the situation as a critical supply-driven event horizon, predicting aluminum prices could surge towards $4,000 per ton if production cuts persist.  
- By March 6, LME aluminum prices rose to $3,313 per ton, marking the highest level since 2022, amidst forecasts of increasing supply gaps and tightening inventory conditions.

Wallstreetcn

Alcoa

Century Aluminum

Kaiser Aluminum

"Critical point" approaching! JP Morgan: The chaos in the Middle East has caused a substantial supply shock, and aluminum prices are aiming for $4,000!

CHINAHONGQIAO (1378.HK) has recently seen its stock price gradually rise, maintaining a daily structure above the 5-day and 10-day moving averages, with a relatively obvious short-term bullish advantage. On the market, trading volume has approached the previous high range after a series of moderate increases. If today there is further effective volume expansion and closes above the previous high with a medium or long bullish candlestick, it will form substantial pressure on the upper trapped area, and a right-side breakout signal is expected to be confirmed. The MACD fast and slow lines have narrowed and are expanding again, with the red bars extending to reflect the continuous release of bullish momentum. However, attention should also be paid to the RSI and KDJ indicators approaching relatively high levels, as there may be intensified fluctuations due to overheating sentiment in the short term. Currently, the funding style leans towards trend-following speculation. If there is a strong opening in the morning and a rapid push towards the previous high, attention should be paid to the time-volume matching in the first 30-60 minutes. If the surge is accompanied by significant active buying, deepening bid depth, and support during pullbacks, the sustainability of the breakout will be stronger. If there is a surge followed by a pullback without a corresponding increase in volume, or if multiple upper shadows appear at the previous high, caution should be exercised regarding a double top or resistance at the upper boundary of a range, and the stock price may return to the support zone of the 5-day and 10-day moving averages for a second consolidation. In terms of strategy, right-side trading can participate the day after a breakout and stabilization or after confirming a pullback without breaking the upper boundary, avoiding blind chasing at critical points during the first touch; left-side funds can focus on the strength of time-volume matching at support zones and gap-filling areas for low absorption, provided that position control is strictly maintained

Technical Forecast

Morning Trend | CHINAHONGQIAO is pressing against previous highs, is a volume breakout coming?

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The Hang Seng Index fell 2% today, marking a three-day decline with a cumulative drop of 5.2%. The market is concerned about the US-Iran conflict, exacerbating global inflation and supply chain risks, with South Korea's KOSPI index plummeting nearly 11%. The US stock market also declined, with the Dow Jones and Nasdaq falling by 0.8% and 1%, respectively. China's official manufacturing PMI for February dropped to 49, below market expectations. The total market turnover reached HKD 364.304 billion, with a net outflow of HKD 466 million from southbound funds. Oil stocks generally retreated

AASTOCKS

China Southern Hang Seng ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Yinhua CSI All Share Investment Banking & Brokerage ETF

ChinaAMC Hang Seng ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

The Market Review: Hang Seng Index "Three Consecutive Declines" Financial Stocks Weaken, Hongqiao Rises 6% Against the Trend

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Hong Kong stocks fell by 518 points due to rising tensions in the Middle East and soaring oil prices, with the Hang Seng Index closing at 25,249 points, a decline of 2.01%. Blue-chip stocks such as AIA, WUXI BIO, and CKH HOLDINGS dropped over 4%, while CHINAHONGQIAO rose more than 6% against the trend. Analysts pointed out that as risk aversion increases, funds are flowing into the US dollar, putting pressure on the RMB exchange rate. Investors should control their positions and pay attention to utility stocks and telecommunications stocks

Stheadline

WUXI BIO

CKH HOLDINGS

Hong Kong stocks closed down 518 points, AIA fell over 4%, CHINAHONGQIAO rose against the trend. Analysis: Funds are flowing back to the US dollar | Hong Kong stock market opening

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DONGFANG ELEC(01072) rose 11.36%, with a trading turnover 1.6 Billion HKD, and a year-to-date rose 52.1%. GIGADEVICE(03986) rose 6.13%, with a trading turnover 880.2 Million HKD, and a year-to-date rose 126.7%. MINIMAX-WP(00100) fell 10.48%, with a trading turnover 2.1 Billion HKD, and a year-to-date rose 345.5%. COSCO SHIP ENGY(01138) fell 10.38%, with a trading turnover 2.7 Billion HKD, and a year-to-date rose 95.1%.

CI-CHQG@EC2607A(26985.HK)

Chinese billionaire Zhang Bo sees wealth surpassing $48B as aluminum prices jump

China January-February unwrought aluminium and product exports up 12.8% at 971,000 metric tons - customs

Aluminium’s surge propels Chinese tycoon to US$48 billion fortune

Aluminum’s surge propels Chinese tycoon to $61 billion fortune

METALS-Aluminium slides as Trump vows quick Mideast war resolution