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Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

2.80HKD
28 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Aluminum Corp of China to divest stake in nonferrous metals subsidiary
Friday, 13 Nov 2015 07:00pm EST 

Aluminum Corp of China Ltd:The company and subsidiary China Aluminum International Trading Co Ltd to list entire 100 pct stake in a subsidiary engaged in processing and trading of nonferrous metals, for sale.Transaction price no less than 210.7181 mln yuan.  Full Article

Aluminum Corp of China to invest in subsidiary of Aluminum Corp of China
Friday, 13 Nov 2015 07:00pm EST 

Aluminum Corp of China Ltd:To use 15 pct stake in a fund company and 150 mln yuan, to invest in a wholly owned capital subsidiary of Aluminum Corp of China.To hold 17.7 pct in the subsidiary of Aluminum Corp of China.  Full Article

Aluminum Corp of China to provide guarantee for subsidiary
Friday, 13 Nov 2015 07:00pm EST 

Aluminum Corp of China Ltd:To provide loan guarantee of 300 mln yuan for a Henan-based wholly owned subsidiary, for three years.  Full Article

Aluminum Corp of China subsidiary to sell property
Friday, 13 Nov 2015 07:00pm EST 

Aluminum Corp of China Ltd:Hong Kong-based subsidiary to sell a building to a Hong Kong-based subsidiary of Aluminum Corp of China, which is a controlling shareholder of the company, at HK$372 mln.  Full Article

Aluminum Corp of China to sell property of Guizhou-based branch
Friday, 13 Nov 2015 07:00pm EST 

Aluminum Corp of China Ltd:To sell properties and buildings of Guizhou-based branch at 1,950 mln yuan, to departments of land and resources management in Guizhou.  Full Article

Aluminum Corp of China announces change of CFO
Friday, 13 Nov 2015 07:00pm EST 

Aluminum Corp of China Ltd:Appoints Zhang Zhankui as CFO, to replace Xie Weizhi.Effective Nov. 13.  Full Article

Aluminum Corp of China to issue corporate bonds
Friday, 13 Nov 2015 07:00pm EST 

Aluminum Corp of China Ltd:To issue corporate bonds worth up to 10 bln yuan, with term of no more than five years.  Full Article

Aluminum Corp of China signs finance lease cooperation framework agreement
Thursday, 27 Aug 2015 08:00pm EDT 

Aluminum Corp of China Ltd:Signed a finance lease cooperation framework agreement with a Tianjin-based related finance lease company.The finance lease company to provide the company with finance lease - leaseback service with amount of up to 1.5 billion yuan.Finance lease cooperation framework agreement valid until Dec. 31, 2016.  Full Article

Aluminum Corp of China subsidiary to set up joint venture
Thursday, 27 Aug 2015 08:00pm EDT 

Aluminum Corp of China Ltd:A Ningxia-based energy subsidiary to invest 408 million yuan to set up a joint venture with a Zhejiang Provincial Energy Group Company Ltd.The joint venture to be engaged in development and construction of thermal power plants, production and sale of electricity.The subsidiary to hold 51 pct stake in the joint venture.  Full Article

Aluminum Corp of China subsidiary to set up join venture
Thursday, 27 Aug 2015 08:00pm EDT 

Aluminum Corp of China Ltd:A Baotou-based subsidiary to invest 10 million yuan to set up a Baotou-based joint venture with a Baotou-based communications investment group company.The joint venture to be engaged in production and sale of aluminum, aluminum alloys, processed products and carbon products.The subsidiary to hold 50 pct stake in the joint venture.  Full Article

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Aluminium producer Chalco's first one net profit up sharply on price recovery

SINGAPORE Aluminum Corporation of China Ltd (Chalco) posted a sharp rise in profit in the first half of the year due to a general recovery in aluminum prices, the company said on Thursday.