On May 21, Innovative Industrial rose 6.29% in regular trading, trading at 22.5 HKD/share, with trading volume of approximately 27.08 million HKD. This marks the second consecutive trading day of significant gains.

On the news front, the aluminum sector continues to be buoyed by Citi's latest research report. Citi estimates that Middle East turmoil has resulted in the loss of over 3 million tons of aluminum production capacity, constituting one of the largest supply shocks in the history of the aluminum industry. Citi forecasts that the average LME aluminum price will reach USD 4,000/ton in the second half of the year, with an optimistic scenario targeting USD 5,350/ton by next year. Additionally, China customs data shows April aluminum exports surged 15% year-on-year, with cumulative exports up 8.9% year-to-date, indicating robust export momentum. Citi further projects aluminum inventories will fall to historic lows within 6 to 12 months, with a supply deficit of nearly 2.7 million tons this year.

Within the Aluminum sector, China Hongqiao rose 0.63%, Chalco rose 1.83%, Nanshan Aluminium International rose 0.62%.

(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.)