Hongqiao Group
China Hongqiao expects higher first-half profit on stronger aluminium alloy prices
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 increase by 69.72 per cent to 81.04 per cent year-on-year, reflecting continued strength in the aluminium market during the reporting period. China Hongqiao is one of China's largest aluminium producers, with operations spanning alumina, aluminium and aluminium alloy products. Explore: The most...
China Hongqiao plans to expand bauxite buying capacity under a long-term supply deal
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 supplier sells bauxite at a benchmark price of USD 31.50 per dry metric tonne, with adjustments depending on ore quality and periodic reviews. Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook This increase does not change the agreement itself, but it allows Hongqiao...
Grow with
AL Circle
Price
→Events
ALUMINIUM 2026
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ICSOBA 2026 - 44th International Conference and Exhibition
ALUMINIUM 2026
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ICSOBA 2026 - 44th International Conference and Exhibition
Business Cards
A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MORE
A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MOREEurope holds 10% of global aluminium extrusion demand, supported by Germany’s Constellium, France’s Hydro Extrusions & Italy’s Metra
H1 2026 sees more renewable energy than ever: Here’s a region-by-region guide to renewable energy supply in the recent past
H1’26 LME aluminium stocks dip 31.82%: Russian sanctions & Gulf crisis pack a double blow
AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
News
China Hongqiao parent company buys 21 million shares in HKD 556M deal
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 Hongqiao Holdings is principally owned by Chairman Zhang Bo. The parent company said it believes China Hongqiao's current share price does not fully reflect the company's intrinsic value and added that it does not rule out further increases in its shareholding in the future. China Hongqiao shares opened flat...
China’s Hongqiao sees gradual easing in aluminium rod inventories while ingot stocks stay elevated
China Hongqiao Group said social inventories of aluminium rods have been declining steadily since mid-March 2026, although aluminium ingot inventories remain relatively high due to delayed downstream demand recovery and cautious purchasing amid elevated aluminium prices. Speaking at the company’s performance briefing on May 15, Hongqiao Holdings cited publicly available industry data showing continuous destocking in aluminium rods, while the pace of inventory reduction in aluminium ingots has been comparatively slower this year. For the global aluminium value-chain 2026 outlook, book our exclusive report “Global ALuminium Industry Outlook 2026" According to Hongqiao, several factors contributed to slower destocking in the aluminium market earlier this year. These included the late timing...
China Hongqiao Group down more than 12 per cent on weaker-than-expected 2025 earnings
Shares of China Hongqiao Group declined more than 12 per cent in Hong Kong trading, after opening 8.41 per cent down and hitting HKD 30.18 (USD 3.86). The stock was last at HKD 30.24 (USD 3.87), down 12.35 per cent, with a turnover at HKD 2.246 billion (USD 288 million) and volume of 72 million shares. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain The decline comes after the company’s 2025 results, where revenue rose 4 per cent year-on-year to RMB 162.35 billion (USD 22.73 billion), while net profit increased 1.2 per cent to RMB 22.64 billion (USD 3.17 billion). Overall gross profit margin fell by 1.4 percentage points to 25.6 per cent, due to weaker alumina margins. Also Read: WEEKLY: China's alumina prices inch...
China Hongqiao Group shares surged by 585% amid rising aluminium prices and growing demand
China Hongqiao Group, one of the world’s largest aluminium producers, has seen its market value rise significantly since 2019. The company’s shares have surged by about 585 per cent since Zhang took control of the business that year. The company supplies aluminium to several major Chinese technology firms, including Huawei Technologies, Xiaomi, and BYD. Its performance reflects the broader strength in the aluminium market, as prices of the metal have risen more than 25 per cent over the past year, supported by increasing demand from energy-transition sectors such as electric vehicles, solar panels and wind turbines. Aluminium prices also reached a four-year high on March 9, 2026, highlighting tightening market conditions. For the global aluminium value-chain 2026 outlook, book our...
Tian Yuan Law Firm mediates the country’s largest A-share aluminium merger
Tian Yuan Law Firm has advised on a landmark RMB 63.5 billion (USD 8.75 billion) merger involving two subsidiaries of Shandong Weiqiao Pioneering Group, setting a new record as the largest merger and acquisition undertaken by a privately owned company in China’s A-share market. The deal marks China Hongqiao Group ’s broader strategy to reposition its aluminium assets within the domestic capital markets. The company is one of the key subsidiaries of Shandong Weiqiao Pioneering Group, a major Chinese conglomerate with extensive interests in textiles and the growing market of aluminium. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain As part of the transaction, Hontron Aluminium Industry, a Shenzhen-listed unit of China Hongqiao, will acquire...
China Hongqiao eyes $1.5B from share sale in Hong Kong following aluminium price boom
China Hongqiao Group has announced its plan to raise HKD11.68 billion (USD 1.5 billion approximately) through a share sale. The largest private aluminium producer will use the accumulated funds to support projects and repay debt, as mentioned in their filing with the Hong Kong stock exchange on Tuesday. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The company intends to sell up to 400 million existing shares at HKD29.20 (USD 3.75 approximately) each, a 9.6 per cent discount to Monday’s closing price. The placed shares would represent about 4 per cent of the enlarged share capital. Hongqiao noted that the offer price is roughly 2.2 per cent above the average closing price of around HKD28.58 (USD 3.68 approximately) over the past 30 trading...
Blog
LATEST POSTS
Turn marketplace visibility into more relevant buyer enquiries.
View Priority Plans
Turn marketplace visibility into more relevant buyer enquiries.
View Priority Plans