On August 18, CHUANGXIN IND fell 6.69% in regular trading, trading at 15.88 HKD/share, with turnover of approximately 17.10 million HKD.

On the news front, the company released its interim results after market close on August 17, reporting revenue of approximately RMB 11.533 billion for the first half, up 32.4% year-over-year, with net profit attributable to shareholders of approximately RMB 2.305 billion, up 166.1% year-over-year. However, the results had been fully telegraphed by a prior profit alert forecasting RMB 2.2-2.4 billion in first-half net profit, prompting sell-the-news activity as the strong figures were already priced in.

At the industry level, expectations of resumed production at UAE-based EGA aluminum smelters weighed on aluminum prices, dragging the broader aluminum sector lower. Within the Aluminum sector, CHINAHONGQIAO fell 1.72%, CHALCO fell 2.8%, NANSHAN AL INTL fell 3.23%, while RUSAL and XINGFA ALUM were flat.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)