HK Stock Market Move | CHUANGXIN IND (02788) rose nearly 4% during trading, the company is expected to become a target of the Hong Kong stock market. Previously, the company built new electrolytic aluminum production capacity in Saudi Arabia.

CHUANGXIN IND (02788) rose nearly 4% during the trading day, and at the time of writing, it was up 3.65%, trading at HK$23.88 with a turnover of HK$97.744 million. On the news front, on February 13, Hang Seng Index Company announced the quarterly review results of the Hang Seng Index Series until December 31, 2025, in which CHUANGXIN IND was included in the Hang Seng Composite Index. The changes will be implemented after the market close on March 6, 2026 (Friday) and will take effect from March 9, 2026 (Monday), at which time the Shanghai and Shenzhen stock exchanges will adjust the scope of eligible Hong Kong stocks for trading. Zhongyin International research report pointed out that the bank believes CHUANGXIN IND is expected to be included in the Hong Kong Stock Connect in March this year, which will further expand its investor base. Zhongyin International also pointed out that in terms of costs, CHUANGXIN IND currently has a cost advantage in electricity, and the wind power and photovoltaic self-generated power that will be put into operation in 2026-27 will further reduce production costs. In terms of growth, CHUANGXIN IND is currently building aluminum electrolysis capacity in Saudi Arabia through joint ventures. After receiving a new round of investment from the Saudi Public Investment Fund, the company believes that the project execution progress will be guaranteed. The bank believes that the shortage of aluminum electrolysis supply will provide strong support for aluminum prices. According to the bank's calculations, for every 1% increase in the price of electrolytic aluminum, CHUANGXIN IND's profit in 2026 will increase by 2.5%.