HK Stock Market Move | NANSHAN AL INTL (02610) rose more than 13% in mid-trading session, hitting a new high. The stock has accumulated more than a 50% increase in the past month.

NANSHAN AL INTL (02610) soared more than 13% during trading, reaching a high of HK$69.4, setting a new record high for the company's listing, with the stock price rising by more than 50% in the past month. As of the time of publication, it has risen by 10.43% to HK$67.25, with a trading volume of HK$1.77 billion. Public information shows that NANSHAN AL INTL is a manufacturer of alumina in Southeast Asia, with its main product being metallurgical grade alumina produced using the low-temperature Bayer process. The company is one of the three largest alumina producers in Southeast Asia, with a designed alumina production capacity of two million tons. According to Fitch Ratings in 2023, the group is the second-largest alumina producer in Southeast Asia, holding a 34.9% market share in the Southeast Asian alumina industry. A research report released by CICC suggests focusing on three stock selection criteria in the aluminum industry: first, companies with high capacity-to-market value ratios and high performance elasticity with rising aluminum prices; second, companies with the ability to expand internationally and strong growth potential; and third, considering that alumina prices are at the bottom zone, choosing targets with high alumina self-sufficiency in case of capacity closures, policy stimuli against overcapacity, and disturbances in Guinean mining policies.