港股异动 | 中国宏桥(01378)涨超4% 小摩认为市场低估铝业供应中断风险铝价存在较强上涨动力

智通财经03-12

智通财经APP获悉，中国宏桥(01378)涨超4%，截至发稿，涨4.21%，报40.14港元，成交额5.34亿港元。消息面上，近日，中东局势升温导致电解铝行业出现不可抗力因素。小摩认为，市场低估了铝业的供应中断风险，中东地区铝年产量达680万吨，年净出口盈余约500万吨，占全球铝产量的7%。小摩测算，若该区域的铝供应出现实质性中断，铝价或快速攀升至4000美元/吨，成为基本金属中上行不对称性最强的...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2618905635?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-03-12 10:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2618905635","market":"hk","top_or_hot":-1,"title":"港股异动 | 中国宏桥(01378)涨超4% 小摩认为市场低估铝业供应中断风险 铝价存在较强上涨动力","media":"智通财经","content":"<div>\n<p>智通财经APP获悉，中国宏桥(01378)涨超4%，截至发稿，涨4.21%，报40.14港元，成交额5.34亿港元。消息面上，近日，中东局势升温导致电解铝行业出现不可抗力因素。小摩认为，市场低估了铝业的供应中断风险，中东地区铝年产量达680万吨，年净出口盈余约500万吨，占全球铝产量的7%。小摩测算，若该区域的铝供应出现实质性中断，铝价或快速攀升至4000美元/吨，成为基本金属中上行不对称性最强的...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1412931.html\">网页链接</a>\n\n</div>\n","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>港股异动 | 中国宏桥(01378)涨超4% 小摩认为市场低估铝业供应中断风险 铝价存在较强上涨动力</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n港股异动 | 中国宏桥(01378)涨超4% 小摩认为市场低估铝业供应中断风险 铝价存在较强上涨动力\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-12 10:14 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1412931.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，中国宏桥(01378)涨超4%，截至发稿，涨4.21%，报40.14港元，成交额5.34亿港元。消息面上，近日，中东局势升温导致电解铝行业出现不可抗力因素。小摩认为，市场低估了铝业的供应中断风险，中东地区铝年产量达680万吨，年净出口盈余约500万吨，占全球铝产量的7%。小摩测算，若该区域的铝供应出现实质性中断，铝价或快速攀升至4000美元/吨，成为基本金属中上行不对称性最强的...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1412931.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1119994496.HKD","symbol_name":"FIDELITY WORLD \"A\" (HKD) ACC","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1412931.html","article_id":"2618905635","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618905635","pubTimestamp":1773281681,"columns":[],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，中国宏桥涨超4%，截至发稿，涨4.21%，报40.14港元，成交额5.34亿港元。小摩认为，市场低估了铝业的供应中断风险，中东地区铝年产量达680万吨，年净出口盈余约500万吨，占全球铝产量的7%。该行认为，若铝业供应出现中断，中国宏桥将成为核心受益标的。需求端仍处复苏阶段，国内社会库存持续累库，若地缘冲突持续，全球电解铝供应收紧预期强劲，铝价存在较强上涨动力。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","BK4207":"综合性银行","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU0469268626.HKD":"AB FCP I-ASIA EX JAPAN EQUITY PTF(AD","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4534":"瑞士信贷持仓","BK1594":"碳中和概念股","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","JPMO":"JPM期权收益策略ETF-YieldMax","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","VXUS":"国际股票ETF-Vanguard","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","01378":"中国宏桥","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0238689110.USD":"贝莱德环球动力股票基金","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","SG9999002232.USD":"Allianz Global High Payout USD","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD"},"translate_title":"Hong Kong stock changes | China Hongqiao (01378) rose more than 4% Xiaomo believes that the market underestimates the risk of aluminum supply disruption and aluminum prices have strong upward momentum","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VXUS":1.5,"JPMO":0.6,"01378":1.5},"content_text":"智通财经APP获悉，中国宏桥(01378)涨超4%，截至发稿，涨4.21%，报40.14港元，成交额5.34亿港元。消息面上，近日，中东局势升温导致电解铝行业出现不可抗力因素。小摩认为，市场低估了铝业的供应中断风险，中东地区铝年产量达680万吨，年净出口盈余约500万吨，占全球铝产量的7%。小摩测算，若该区域的铝供应出现实质性中断，铝价或快速攀升至4000美元/吨，成为基本金属中上行不对称性最强的品种。占冶炼成本三分之一的能源成本与海运成本的上涨，也将进一步推高铝价。该行认为，若铝业供应出现中断，中国宏桥将成为核心受益标的。国泰海通指出，中东地区地缘冲突升级，资金避险情绪提升，供应端扰动频发，卡塔尔铝业因天然气供应暂停而启动停产，巴林铝业地缘冲突影响下运输受阻。同时莫桑比克铝厂前期因电力合约问题宣布计划转入维护停产。需求端仍处复苏阶段，国内社会库存持续累库，若地缘冲突持续，全球电解铝供应收紧预期强劲，铝价存在较强上涨动力。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2618905635","isCrawlerRequest":true}

港股异动 | 中国宏桥(01378)涨超4% 小摩认为市场低估铝业供应中断风险 铝价存在较强上涨动力

精彩评论

港股异动 | 中国宏桥(01378)涨超4% 小摩认为市场低估铝业供应中断风险铝价存在较强上涨动力