On July 29, CHINAHONGQIAO rose 3.3% in regular trading, trading at 23.7 HKD/share, with turnover of HKD 291 million. The aluminum sector rallied broadly, with CHALCO up 2.95%, NANSHAN AL INTL up 2.7%, and CHUANGXIN IND up 2.15%.

The company previously issued a positive profit alert, forecasting H1 net profit to increase approximately 39% year-over-year, primarily driven by higher aluminum alloy product selling prices. Bank of America Securities estimated that Q2 attributable net profit grew roughly 20% quarter-over-quarter, indicating accelerating earnings momentum.

On the supply side, social inventories of electrolytic aluminum continued to draw down, while Guinea's bauxite export control policy has been implemented, reinforcing upstream supply constraints. Multiple factors collectively supported aluminum prices and sector valuation recovery. UBS maintained a Buy rating on the stock, citing projected dividend yields of 10.7% and 11.5% for the current and next fiscal year respectively.

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