Institutional investors are optimistic about the future price of aluminum, and the hottest stock of the year has already increased by over four times.

Since the beginning of this year, the aluminum processing industry has shown a hot trend of booming production and sales. According to CCTV's financial report, in Sichuan and other places, products such as aluminum plates, foils, and aluminum wire have seen strong order demands, and the production workshops of aluminum processing companies are busy. Guohai Securities pointed out that in the long term, the aluminum industry has limited long-term supply increments, while demand continues to grow, and the industry may maintain a high level of prosperity. In terms of the secondary market, according to Securities Times Data, as of the close of trading on May 20, aluminum industry stocks have averaged a 20.64% increase since the beginning of this year. Among them, 6 stocks have increased by over 30% so far this year, including Haixing shares, Dinsheng new materials, Wanshun new materials, Hesheng shares, Ningbo Fubon, and Lidao new materials. Haixing shares surged by 6.5% today, reaching a new all-time high closing price, with a total increase of 421.38% so far this year, becoming the hottest stock in the aluminum industry. In terms of valuation levels, according to Data Bao statistics, as of the close of trading on May 20, 15 aluminum industry stocks have a rolling P/E ratio of less than 30 times, with Mingtai Aluminum, Jiaozu Wangfang, and Hongqiao Holdings all having a rolling P/E ratio of less than 11 times. In addition, 12 stocks have a P/B ratio of less than 2 times, with Xinjiang Zhonghe, Mingtai Aluminum, and Xinbo shares having a P/B ratio of less than 1.2 times.