Nanshan Aluminum International's Hong Kong IPO Draws Attention As Southeast Asian Alumina Capacity Expansion Gains Pace

Recently, the global aluminum industry chain has witnessed a significant development. On March 17, Nanshan Aluminum International Holdings Co., Ltd., the second - largest alumina producer in Southeast Asia, officially began its initial public offering (IPO) on the Hong Kong Stock Exchange. It plans to offer 88,235,300 shares globally, with the offer price set between HK$26.60 and HK$31.50. The company is scheduled to list on March 25. The funds raised from this IPO will be mainly used for the construction of a new alumina project in Indonesia, aiming to further strengthen its leading position in the Southeast Asian market.