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Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

3.60HKD
27 Mar 2017
Change (% chg)

HK$-0.24 (-6.25%)
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HK$3.84
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Aluminum Corporation of China to jointly invest 3.94 bln yuan for light alloy materials industry park project
Friday, 24 Mar 2017 02:49am EDT 

Aluminum Corporation of China Limited <601600.SS> : Says it and partners will invest 3.94 billion yuan for light alloy materials industry park project .Says it will set up a company with partners to run this project.  Full Article

Aluminum Corp Of China to pay no div for FY 2016
Friday, 24 Mar 2017 01:19am EDT 

Aluminum Corp Of China Ltd <601600.SS> :Says it will pay no annual dividend for FY 2016.  Full Article

Aluminum Corp Of China says board approved proposed acquisition of 40% equity interests in Chalco Shanghai
Thursday, 23 Mar 2017 10:16am EDT 

Aluminum Corp Of China Ltd <601600.SS>- : Proposed Acquisition Of 40% Equity Interests In Chalco Shanghai . Proposed acquisition of 40% equity interests in Chalco Shanghai was approved by the board .Company has not yet entered into any concrete agreement with Chinalco with respect to acquisition of 40% equity interests in Chalco Shanghai.  Full Article

Chalco's 2016 profit surges 170.8 pct y/y, plans light alloy project
Thursday, 23 Mar 2017 07:15am EDT 

Aluminum Corp Of China Ltd <601600.SS><2600.HK> : Says 2016 net profit up 170.8 percent y/y at 409.5 million yuan ($59.47 million) . Says board approves to issue up to $1.0 billion offshore bonds in 2017 . Says board approves to invest up to 700 million yuan in light alloy material project with total investment at about 3.9 billion yuan in Guizhou .Says board approves to buy 40 percent stake in Chinalco's Shanghai unit for 1.4 billion yuan.  Full Article

China Aluminum International Engineering Corp enters agreements with CHINALCO
Monday, 20 Mar 2017 08:54am EDT 

China Aluminum International Engineering Corp Ltd <2068.HK> : Initial term of commodities sales and purchases master agreement shall commence from 1 January 2017 . Co entered into new commodities sales and purchases master agreement, general services master agreement with CHINALCO .Company entered into new engineering services master agreement with CHINALCO.  Full Article

Aluminum Corp Of China Ltd updates on equity transfer agreement
Friday, 17 Mar 2017 09:10am EDT 

Aluminum Corp Of China Ltd <601600.SS> : Consideration payable under equity transfer agreement was fully settled .Received from baotou transportation investment outstanding consideration under equity transfer agreement plus interest accrued thereon totalling RMB1.66 billion.  Full Article

Chalco sells off stake in Jiaozuo Wanfang Aluminum
Thursday, 26 Jan 2017 03:45am EST 

Aluminum Corp of China Ltd <601600.SS><2600.HK> : Says cuts holdings in Jiaozuo Wanfang Aluminum <000612.SZ> . Says cuts holdings in Jiaozuo Wanfang Aluminum by 1.09 percent at around 10.19 yuan a share from Sept 29, 2016 to Jan 26, 2017 .Says it will not hold any more shares after transaction.  Full Article

Chalco expects 2016 net profit to rise about 85 pct on cost controls
Thursday, 19 Jan 2017 03:43am EST 

Aluminum Corp Of China Ltd <601600.SS><2600.HK> :Says it expects 2016 net profit to rise about 85 percent y/y to 380 million yuan ($55.30 million).  Full Article

Chalco and Shandong unit win bid for technology firm for 515.5 mln yuan
Monday, 5 Dec 2016 04:15am EST 

Aluminum Corp Of China Ltd <601600.SS><2600.HK> :Says it and Shandong unit win bid for 66 percent stake in technology firm for 515.5 million yuan ($74.88 million).  Full Article

Sunresin New Materials files lawsuit against Aluminum Corp of China Ltd and Guizhou branch
Monday, 21 Nov 2016 04:03am EST 

Sunresin New Materials Co., Ltd, Xi'an<300487.SZ>: Says the co files lawsuit against Aluminum Corp of China Ltd <601600.SS> and its Guizhou-based branch regarding contract dispute . Says the co is claiming the Guizhou-based branch of Aluminum Corp of China Ltd dismantled the production line, which was built by the co under the contract, and suspended payment for the project .Says the co is requesting the cancellation of the contracts and seeking for about 40 million yuan as damage.  Full Article

More From Around the Web

Chinese aluminium giant Chalco's net profit more than doubles in 2016

SINGAPORE, March 23 Aluminum Corporation of China Ltd's (Chalco) net profit more than doubled in 2016, marking a second straight year of profitability thanks to recovering non-ferrous metal prices and cuts in production costs.