东吴证券:从周期波动到红利稳健 电解铝企业今年将完成红利资产转变

智通财经
Dec 08, 2025

智通财经APP获悉,东吴证券发布研报称,展望2026年,投资端建议关注未来电解铝业务占比高从而放大利润空间、分红比例有望进一步提升的高股息标的。随着美联储的进一步降息,以及全球经济的同步复苏,以及供给端增量面临失速的挑战背景下,关注铝价具备中枢上行的空间高电解铝业务纯度的企业。该行认为2025年将会是中国电解铝企业进一步提高分红比例的转折年度,电解铝企业将完成从周期股到红利资产的转变。东吴证券主要...

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