HK Stock Market Move | Nanshan Al International (02610) rose more than 6% again, breaking through the top, with a total market value exceeding HK$20 billion. The company is expected to enter the Hong Kong stock connect list in September.

NANSHAN AL INTL(02610) rallied over 6% on the afternoon, reaching a high of 34.4 Hong Kong dollars, hitting a new historical high. As of the time of writing, it rose by 6.5% to 34.4 Hong Kong dollars, with a turnover of 1184.67 million Hong Kong dollars, and its total market value has exceeded 20 billion Hong Kong dollars. On the news front, Hang Seng Index Company Limited will announce the review results of the Hang Seng Index Series for the second quarter of 2025 on August 22. All changes will be implemented after the market closes on September 5 and will take effect on September 8. At that time, the Shanghai and Shenzhen Stock Exchanges will adjust the investment scope of Hong Kong stocks accordingly. Huatai expects that NANSHAN AL INTL will be included in the scope of Hong Kong stocks. The bank also stated that the continued importance of southbound funds in the Hong Kong market may further amplify the liquidity effects brought about by this round of adjustments to Hong Kong stocks. Public information shows that NANSHAN AL INTL is a subsidiary of A-share company Shandong Nanshan Aluminium, with its main business being the Indonesian alumina project. In June of this year, Shandong Nanshan Aluminium announced its intention to establish a joint venture company to build a caustic soda project in Indonesia. The caustic soda produced in this project will mainly be sold to aluminum oxide companies in the industrial park, which will help enhance the company's supply guarantee capacity for Indonesian alumina raw materials, further extending the upstream and downstream industrial chain, and strengthening the resilience and flexibility of the company's overseas business.