On July 3, China Hongqiao rose 3.2% in regular trading, trading at HK$20.82/share, with turnover of HK$163 million.

On the news front, the aluminum sector staged a collective rally, with peers Chuangxin Industrial up 8.08%, Chalco up 4.34%, and Nanshan Aluminum International up 3.22%, indicating clear sector-wide recovery momentum. Multiple institutions have recently reiterated bullish stances — Citi maintained a Buy rating with a target price of HK$48, while CMBI noted that sector headwinds have been fully digested and current valuations are attractive, citing a forward P/E of 5.6x and approximately 11% dividend yield.

Fundamental support remains solid. The controlling shareholder conducted consecutive share purchases in June, publicly stating that the stock price deviates from intrinsic value. S&P Global also upgraded the company's credit rating to BB+ on expectations of stronger earnings driven by steady production and elevated aluminum prices under industry capacity constraints.

(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.)