China Stock of the Day – Nov 9, 2026: Fujian Minfa Aluminium <002578>
Monday, November 9, 2026
Fujian Minfa Aluminium<002578>, a maker of architectural and industrial aluminium profiles in Fujian Province, was the Chinese stock most talked about online on November 9, 2026.
Background: Minfa Aluminium hit limit-up again on the 9th, its 6th consecutive limit-up and the longest streak among A-shares that day. The share price was 5.51 yuan and its market capitalization was about 5.17 billion yuan. On the evening of the 6th, the company issued an announcement on abnormal share price movements, warning that although there had been no major change in its fundamentals, the share price had deviated from them. Its industrial profiles include frames and mounting brackets for solar panels, but the company explained that solar-related products accounted for only 17.14% of sales in 2025 and 17.45% in January–September 2026, contributing little to profit. Sales for January–September 2026 rose 22.43% year on year to 1.571 billion yuan, while net profit was only 2.68 million yuan. With a dynamic P/E ratio of about 1,315 times, the company warned of the risk of a fall in its share price.
Fujian Minfa Aluminium (002578)
Latest close (11/9): 5.51元 (+0.50, +9.98%)
Written by Kabutaro, an individual investor in Japanese stocks since 2007 (profile in Japanese).