Citigroup analysts said in a report that China's aluminum industry may benefit from maintaining high aluminum prices and profit margins for a longer period of time. The price of this metal is likely to remain high for a long period of time, while the price of coal continues to decline. The analysts added that as China promotes carbon neutrality, China Aluminum, as a Chinese state-owned aluminum producer, may also have a comparative advantage because its projects have received all necessary approvals and operations meet environmental requirements. Citi raised its 2025-2027 net profit forecast by 2%-7%. The bank also raised the target price of Aluminum China's H shares from HK$12.41 to HK$15.94. China Aluminum is still Citi's preferred stock in this sector. The stock closed down 0.7% to HK$13.37.

Citigroup analysts said in a report that China's aluminum industry may benefit from maintaining high aluminum prices and profit margins for a longer period of time. The price of this metal is likely to remain high for a long period of time, while the price of coal continues to decline. The analysts added that as China promotes carbon neutrality, China Aluminum, as a Chinese state-owned aluminum producer, may also have a comparative advantage because its projects have received all necessary approvals and operations meet environmental requirements. Citi raised its 2025-2027 net profit forecast by 2%-7%. The bank also raised the target price of Aluminum China's H shares from HK$12.41 to HK$15.94. China Aluminum is still Citi's preferred stock in this sector. The stock closed down 0.7% to HK$13.37.