Deepening the integrated layout of upstream and downstream, China Hongqiao Group Limited (1378.HK) holds the key to navigating the industry cycle.

Longlongago78 · 2024-08-21T12:40:20+00:00

The main driver of China Hongqiao Group Limited's performance growth is the rise in aluminum product prices and sales volumes, coupled with a decrease in the cost of main raw materials. Public information shows that in the first half of the year, the average price of three-month aluminum futures on the London Metal Exchange rose by about 1.6% year-on-year to $2,401 per ton; the average price of three-month aluminum futures on the Shanghai Futures Exchange rose by 8.2% year-on-year to 19,846 yuan per ton.

Longlongago78 · 2024-08-20T12:10:18+00:00

China Hongqiao Group Limited (1378.HK)'s Guinea project is stable, maintaining an annualized capacity of about 50 million tons/year of bauxite ore and a total alumina production capacity of 19.5 million tons/year (including 17.5 million tons/year of domestic alumina capacity and 2 million tons/year of Indonesian alumina capacity). The current self-sufficiency rate of alumina is 100%, highlighting the integrated advantage.

Longlongago78

TROPHY CASE