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Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

3.94HKD
10:20pm EDT
Change (% chg)

HK$0.09 (+2.34%)
Prev Close
HK$3.85
Open
HK$3.90
Day's High
HK$3.97
Day's Low
HK$3.82
Volume
5,687,330
Avg. Vol
32,727,903
52-wk High
HK$4.45
52-wk Low
HK$2.25

Latest Key Developments (Source: Significant Developments)

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

Aluminum Corp of china says application made for listing of $500 mln capital securities
Monday, 7 Nov 2016 07:11am EST 

Aluminum Corp Of China Ltd <601600.SS> :application made to stock exchange of hong kong for listing of and permission to deal in usd500 million senior perpetual capital securities.  Full Article

Chalco cuts holdings in Jiaozuo Wanfang Aluminum Manufacturing to 1.1 pct
Tuesday, 27 Sep 2016 07:36am EDT 

Jiaozuo Wanfang Aluminum Manufacturing <000612.SZ> : Says shareholder Aluminum Corporation of China (Chalco) has cut 16.6 million shares in the company between July 8 and September 27 .Says Chalco's holding in the company has reduced to 1.09 percent from 2.46 percent after transactions.  Full Article

Chalco, Guizhou government to invest 4 bln yuan in alumina JV
Monday, 29 Aug 2016 11:28pm EDT 

China's non-ferrous metal industrial website www.cnmn.com.cn says: Guizhou government and Aluminum Corporation of China Ltd (Chalco) <601600.SS> signed an agreement on Aug. 26 to set up a joint venture to mine for bauxite and produce alumina . The total investment of the project is valued about 4 billion yuan ($599 million). . The project is expected to realize profits and taxes of nearly 200 million yuan annually. . The project will provide jobs for 2,500 people. . The website did not say how much alumina the joint venture would produce ($1 = 6.6775 Chinese yuan renminbi) (Reporting By Fang Cheng and Josephine Mason) ((fang.cheng@thomsonreuters.com;)).  Full Article

Aluminum Corp of China's H1 net profit jumps 3,623.1 pct y/y
Thursday, 25 Aug 2016 07:57am EDT 

Aluminum Corp Of China Ltd <601600.SS><2600.HK> :Says H1 net profit up 3,623.1 percent y/y at 57.4 million yuan ($8.62 million).  Full Article

More From Around the Web

China's aluminium producer Chalco returns to profit in Jan-Sept

HONG KONG, Oct 20 China's state-owned Aluminum Corporation of China Ltd (Chalco) swung back to profitability in the first nine months, buoyed by higher metal prices and continued cost-cutting efforts, the company said on Thursday.