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Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.
Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;
Aluminum Corporation Of China (02600) will distribute a cash dividend of 0.082 yuan per share for A-shares on December 27.
Aluminum Corporation Of China (02600) announced that the company will distribute cash dividends of A-shares on December 27, 2024, per share...
Aluminum Corporation Of China (601600.SH) A-share equity distribution for the first half of 2024: a dividend of 0.082 yuan per share, with the equity registration date on December 26.
Aluminum Corporation Of China (601600.SH) has announced the dividend distribution for A shares for the first half of 2024, based on the company's total share capital...
Mingsheng Securities: Supply constraints will still be strong in 2025, and the demand for Copper and Aluminum is quite resilient.
Looking ahead to 2025, supply-side constraints remain strong, and demand is resilient. It is recommended to invest in the sector of Industrial Metals, specifically in symbols of Copper and Aluminum.
Aluminum prices soar! Japanese buyers are paying record premiums as global supply risks intensify.
Some Aluminum buyers in Japan have agreed to pay a significantly higher premium to a Global producer this quarter, marking the fourth consecutive quarter of rising Aluminum prices.
Major banks' ratings丨Morgan Stanley: In the first half of next year, resource stocks preferred CONCH CEMENT, Aluminum Corporation Of China, and Zijin Mining Group.
On December 16, Gelonghui reported that Morgan Stanley issued a report predicting that intense competition will drag down material stocks in the first half of next year. With supply-side policies in place, a preference for Cement, Steel, and Aluminum is expected in the second half, while Metal-related Stocks may perform better after the introduction of stimulus policies. Morgan Stanley indicated that new supply-side control measures for excess Cement production have been recently announced in mainland China, which may lead to a production cut of more than 20%. Cement demand is expected to decline by 5% next year, following a decline of 10% this year. The Steel Industry is also expected to see new supply-side reforms, with a slight decrease in annual production in the coming years as new capacity is added next year.
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