On August 17, CHINAHONGQIAO rose 3.17% in regular trading, trading at HKD 23.42/share, with turnover of HKD 354 million.

On the news front, global aluminum supply disruptions continue to intensify. Hydro's Alunorte alumina refinery, with an annual designed capacity of 6.3 million tonnes, has cut production by 50% due to a natural gas supply crisis. Meanwhile, stalled US-Iran negotiations have dimmed prospects for resumed shipping through the Strait of Hormuz, with Hydro previously warning that this year's aluminum supply deficit could exceed 900,000 tonnes. LME aluminum prices have risen for consecutive days, broadly supporting the aluminum sector.

Additionally, the company's board is scheduled to meet on August 21 to review interim results. A prior profit alert indicated an expected approximately 39% year-over-year increase in first-half net profit, primarily driven by higher aluminum alloy selling prices. Deutsche Bank recently resumed coverage with a Buy rating and a target price of HKD 33, while Dongwu Securities also initiated coverage with a Buy rating, citing the company's clear industry chain positioning and leading dividend payout ratio.

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