HK Stock Market Move | CHUANGXIN IND(02788) surges nearly 8% again. Institutions are optimistic about the profit growth of companies in the electrolytic aluminum sector in the first half of 2026.

CHUANGXIN IND (02788) rose by nearly 8%, as of the time of publication, it rose by 6% to 26.84 Hong Kong dollars, with a turnover of 287.71 million Hong Kong dollars. On the news front, since 2026, the price of electrolytic aluminum has risen significantly. Huatai pointed out that the overall supply and demand tightness logic since 26 still holds true. Therefore, although the downstream procurement sentiment for electrolytic aluminum is cautious at the moment, it does not change the trend of further upward movement in the mid-to-long-term profit centrum of electrolytic aluminum, and the industry's high-profit cycle is expected to continue. With this expectation, we continue to be optimistic about the further broadening of profits for electrolytic aluminum companies in 26H1. It is worth noting that in March 2025, CHUANGXIN IND planned to invest in the comprehensive project of the Saudi Red Sea aluminum industry chain along with Innovation Group and Innovation New Material Technology. Guolian Minsheng Securities stated that CHUANGXIN IND's energy-alumina-electrolytic aluminum integrated layout, with electrolytic aluminum production capacity distributed in Inner Mongolia with a cost advantage in energy, is expected to further reduce the cost of electrolytic aluminum as green electricity is integrated into the grid. With the company expanding its electrolytic aluminum production capacity in Saudi Arabia, we believe the company will become a rare target in the industry with electrolytic aluminum increment.