Hong Kong Materials Healthy potentially undervalued

Jiangxi Copper

Market Cap: HK$137.4b

Engages in mining, beneficiation, smelting, and processing of copper and gold in Chinese Mainland, China, Hong Kong, and internationally.

Aluminum Corporation of China

Market Cap: HK$153.5b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

China Hongqiao Group

Market Cap: HK$210.9b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Maanshan Iron & Steel

Market Cap: HK$19.2b

Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally.

Chuangxin Industries Holdings

Market Cap: HK$30.7b

Produces and sells electrolytic aluminum and alumina in the People's Republic of China.

Dongyue Group

Market Cap: HK$23.3b

An investment holding company, manufactures, distributes, and sells polymers, organic silicone, refrigerants, dichloromethane, liquid alkali, and other products in the People's Republic of China and internationally.

Shougang Fushan Resources Group

Market Cap: HK$11.1b

An investment holding company, engages in coking coal mining and the production and sale of coking coal products in the People's Republic of China.

MMG

Market Cap: HK$85.8b

An investment holding company, engages in the exploration, development, and mining of mineral properties.

Zhaojin Mining Industry

Market Cap: HK$64.2b

An investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People’s Republic of China and internationally.