On May 29, China Hongqiao fell 3.26% in regular trading, trading at HKD 27.9/share, with trading volume of HKD 1.166 billion.

On the news front, the company completed its large-scale share repurchase program on May 20, having spent approximately HKD 3.079 billion to buy back 92.376 million shares at an average price of around HKD 33.34. The repurchased shares have been cancelled, meaning the sustained buying support that previously underpinned the stock price has now fully dissipated. Additionally, the company recently completed the issuance of RMB 10.2 billion in convertible bonds, and the market continues to harbor concerns over potential equity dilution effects.

Within the Aluminum sector, performance today is mixed. Among peers, CHALCO up 1.57%, Nanshan Aluminium International up 1.34%, Xingfa Aluminium up 0.93%, while RUSAL down 1.08% and Chuangxin Industrial down 0.53%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)