SEHK:98Metals and Mining
Xingfa Aluminium (SEHK:98) Stock Price Slides As Margins Keep Shrinking
Investors pushed Xingfa Aluminium Holdings down again to HK$5.60, extending a three month slide that has already wiped more than 25% off the stock. The selloff reflects a sentiment reckoning rather than a simple take on headline earnings. The market is latching onto a visible profit squeeze, with trailing net margin down to 2.5% and a five year drift lower in earnings, and is treating H1 2026 as confirmation of that pressure.
The key question now is whether this latest set of numbers...