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Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

5.90HKD
19 Jan 2018
Change (% chg)

HK$0.54 (+10.07%)
Prev Close
HK$5.36
Open
HK$5.40
Day's High
HK$5.90
Day's Low
HK$5.40
Volume
127,068,376
Avg. Vol
54,850,820
52-wk High
HK$7.55
52-wk Low
HK$3.43

Latest Key Developments (Source: Significant Developments)

Aluminum Corp Of China Signs Framework Agreement For Acquisition Of Assets
Thursday, 11 Jan 2018 04:36am EST 

Jan 11 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::ALUMINUM CORP OF CHINA - CO PROPOSES TO ACQUIRE 30.80% OF EQUITY INTERESTS IN CHALCO SHANDONG AND 36.90% OF EQUITY INTERESTS IN ZHONGZHOU ALUMINUM.ALUMINUM CORP OF CHINA - CO ENTERED FRAMEWORK AGREEMENT ON ISSUANCE OF SHARES FOR ACQUISITION OF ASSETS BY ALUMINUM CORPORATION OF CHINA LTD.ALUMINUM CORP OF CHINA - ‍CO TO ACQUIRE 25.67% OF EQUITY INTERESTS IN BAOTOU ALUMINUM AND 81.14% OF EQUITY INTERESTS IN CHALCO MINING​.ALUMINUM CORP OF CHINA - TRANSACTION WILL NOT RESULT IN A CHANGE OF CONTROL OF COMPANY, NOR WILL IT CONSTITUTE A RESTRUCTURING FOR LISTING.ALUMINUM CORP OF CHINA - CO AND COUNTERPARTIES ENTERED FRAMEWORK AGREEMENT TO REACH A PRELIMINARY INTENT ON MATTERS CONCERNING RESTRUCTURING.ALUMINUM CORP OF CHINA - CO IS EXPECTED TO DISCLOSE PROPOSAL FOR RESTRUCTURING & APPLY FOR RESUMPTION OF TRADING OF SHARES BEFORE 12 FEBRUARY 2018.  Full Article

Aluminum Corp Of China unit to buy partial assets of controlling shareholder's affiliate for 50.1 mln yuan
Friday, 29 Dec 2017 02:03am EST 

Dec 29 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>:Says Shanxi-based new material unit will buy sewage treatment station related assets of controlling shareholder's Shanxi affiliate, for 50.1 million yuan in total .  Full Article

Aluminum Corp Of China Says Unti Enters Equity Transfer Agreement With Chinalco Chalco Shandong
Thursday, 28 Dec 2017 07:37am EST 

Dec 28 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::ALUMINUM CORP OF CHINA-CHALCO SHANDONG ENTERS EQUITY TRANSFER AGREEMENT WITH CHINALCO; CHALCO SHANDONG TO BUY QINGDAO LIGHT METAL FOR RMB 300.4 MILLION​.  Full Article

Chalco's Unit Plans To Acquire Parent's Qingdao Unit For 300.4 Million Yuan
Thursday, 28 Dec 2017 07:24am EST 

Dec 28 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:: SAYS ITS UNIT PLANS TO ACQUIRE PARENT'S QINGDAO UNIT FOR 300.4 MILLION YUAN ($45.98 million).  Full Article

Aluminum Corp Of China Proposes Third-Party Investors For Capital Contribution To Subsidiaries
Monday, 4 Dec 2017 07:54am EST 

Dec 4 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::‍CO,CHALCO MINING AND INVESTORS ENTERED INTO CHALCO MINING DEBT CONVERSION AGREEMENTS​.ENTERED CHALCO SHANDONG INVESTMENT AGREEMENT, ZHONGZHOU ALUMINUM INVESTMENT AGREEMENST & BAOTOU ALUMINUM INVESTMENT AGREEMENTS.PURSUANT TO DEALS INVESTORS TO CONTRIBUTE CAPITAL TO CHALCO SHANDONG, ZHONGZHOU ALUMINUM, BAOTOU ALUMINUM & CHALCO MINING​.  Full Article

Aluminum Corp of China announces ‍disposal of 60 pct equity interest in Shandong Engineering​
Tuesday, 31 Oct 2017 07:38am EDT 

Oct 31 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::Announces ‍disposal of 60% equity interest in Shandong Engineering​.Co agreed to dispose and CHALIECO agreed to acquire 60% equity interest in Shandong Engineering for RMB360.4 million​.Gains expected from disposal of about RMB167.5 million.  Full Article

Ning Xia Yin Xing Energy adopts new accounting policy regarding subsidy
Thursday, 26 Oct 2017 10:55pm EDT 

Oct 27 (Reuters) - Ning Xia Yin Xing Energy Co Ltd <000862.SZ> ::Says it adopted new accounting policy regarding subsidy, effective since June 12.  Full Article

Aluminum Corp of China's 9-mth profit up, to bring in investors for units
Thursday, 26 Oct 2017 08:17am EDT 

Oct 26 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:Says 9-month net profit up 990.9 percent y/y at 1.36 billion yuan ($205.00 million).Says it plans to sell 60 percent stake in Shandong-based engineering firm for 360.4 million yuan.Says it plans to bring in external investors to invest a combined up to 16 billion yuan in five units.  Full Article

Ning Xia Yin Xing Energy sees FY 2017 Q1~Q3 net loss to be 60 mln yuan to 75 mln yuan
Monday, 16 Oct 2017 06:31am EDT 

Oct 16 (Reuters) - Ning Xia Yin Xing Energy Co Ltd <000862.SZ> ::Sees FY 2017 Q1~Q3 net loss to be 60 million yuan to 75 million yuan .Says the net loss of FY 2016 Q1~Q3 was 47.7 million yuan.  Full Article

Aluminum Corp of China enters into factoring cooperation agreement with Chinalco Factoring
Wednesday, 27 Sep 2017 08:25am EDT 

Sept 27 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>:Company entered into factoring cooperation agreement with Chinalco Factoring.Chinalco Factoring has agreed to provide factoring financing services to company.  Full Article

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China ramps up aluminum output in Dec amid new capacity launches

BEIJING China's aluminum production rebounded in December to its highest since June, reversing five months of declines, as state-owned Chinalco launched new capacity even as Beijing curbed its private rivals, lifting 2017 output to a record.