HK's Chuangxin Industries climbs to two-week high on robust earnings outlook

Chuangxin Industries Holdings

06/07/2026 03:59

** Shares of Chuangxin Industries 2788.HK rise 6.4% to HK$16.47, their highest level since June 22
** The electrolytic aluminum and alumina producer expects to record net profit to jump 154.1%-177.2% y/y to 2.2 billion-2.4 billion yuan ($324.13 million-$353.60 million) for a six-month period ended in June
** The rise is due to increased selling price of its electrolytic aluminum products, lower production and finance costs, says Chuangxin  
** YTD, stock down 23.8%, benchmark Hang Seng Index .HSI down 8.1%


   ($1 = 6.7874 Chinese yuan)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))