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Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

4.90HKD
26 Jul 2017
Change (% chg)

HK$0.14 (+2.94%)
Prev Close
HK$4.76
Open
HK$4.86
Day's High
HK$4.95
Day's Low
HK$4.84
Volume
45,023,770
Avg. Vol
28,062,940
52-wk High
HK$4.95
52-wk Low
HK$2.47

Latest Key Developments (Source: Significant Developments)

Templeton Asset Management has cut stake in Chalco to below 5 pct
Friday, 14 Jul 2017 04:42am EDT 

July 14 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>2600.HKACH.N:Says Templeton Asset Management has unloaded 1.946 million H-shares in the company, taking its holdings to 4.997 percent after transaction.  Full Article

Aluminum Corp Of China says ‍merger and reorganization of Shanxi Branch and Shanxi Huaze Aluminium & Power was approved​
Wednesday, 28 Jun 2017 10:35am EDT 

June 28 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>:Merger and reorganization of Shanxi Branch of Aluminum Corporation Of China and Shanxi Huaze Aluminium & Power Co by co was approved​.‍Company plans to make capital contribution of approximately rmb3,426 million to Shanxi Huaze​.Upon completion of capital increase shareholding held by co in shanxi huaze will be increased to approximately 85.8%.  Full Article

Alumininum Corporation of China updates on proposed acquisition of interests in Chalco Shanghai
Friday, 12 May 2017 05:17am EDT 

May 12 (Reuters) - Alumininum Corporation of China :Connected Transaction Proposed Acquisition Of 40% Equity Interests In Chalco Shanghai .Company entered into an equity transfer agreement with chinalco.Chinalco has agreed to dispose and company has agreed to acquire 40% equity interests in chalco shanghai.refers to announcement of co dated 23 march 2017, in relation to proposed acquisition of 40% equity interests in chalco shanghai by co.rmb1.41 billion, being transfer price as agreed in equity transfer agreement.  Full Article

Aluminum Corp of China temporarily suspends 970,000 tonnes of alumina production
Thursday, 11 May 2017 06:46am EDT 

May 11 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:Says it temporarily suspends 970,000 tonnes output of alumina production.  Full Article

Aluminum Corp of China posts Q1 net profit of RMB 390.8 million
Tuesday, 25 Apr 2017 07:36am EDT 

April 25 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>:Q1 net profit RMB 390.8 million versus RMB 19.2 million before adjustment year ago.Q1 revenue RMB40.91 billion, up 95.03 percent.  Full Article

Aluminum Corp of China's Q1 net profit up sharply
Tuesday, 25 Apr 2017 05:44am EDT 

April 25 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:Says Q1 net profit up 2,068.7 percent y/y.  Full Article

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

Confusion as China rushes out Bond Connect deals

* Bonds: First issues take shape even before trading link goes live