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Hongqiao Group

China Hongqiao expects higher first-half profit on stronger aluminium alloy prices
Primary AL
China Hongqiao Group expects its net profit for the first half of 2026 to increase by approximately 39 per cent compared with the same period last year, according to a filing with the Hong Kong Stock Exchange. The company said the anticipated earnings growth is primarily driven by higher selling prices for its aluminium alloy products, which supported profitability during the six months ended 30 June 2026. Separately, Shandong Hongqiao Aluminum Industry expects its first-half net profit to i ...
China Hongqiao plans to expand bauxite buying capacity under a long-term supply deal
Bauxite
中文翻译附于新闻末尾,敬请继续阅读。 China Hongqiao Group is looking to raise the annual limits on a bauxite supply deal involving its subsidiary, Well Harvest Winning. The company said the current limits may not be enough for its expected needs over the coming years. The supply agreement runs until 2033 and is with Indonesia-based Cita Mineral Investindo. Bauxite is a key ingredient in aluminium production, and Hongqiao expects to require larger volumes as its operations continue. Under the deal, the suppli ...

Primary AL
Aluminium producer China Hongqiao Group Ltd. said on Monday, June 8, 2026, that its parent company, China Hongqiao Holdings, purchased 21 million shares in the company at an average price of HKD 26.464 per share. The transaction amounted to a total consideration of HKD 556 million (USD 71.28 million). The acquisition represents approximately 0.21 per cent of China Hongqiao's total issued share capital and increases China Hongqiao Holdings' stake in the company to 62.31 per cent. China Hongqia ...
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