02600 CHALCO
- 5.190
- -0.090-1.70%
CHALCO News
Citigroup: Target price of HK$7.88 for a “buy” rating for Aluminum China (02600)
The Zhitong Finance App learned that Citi released a research report stating that the “buy” rating given to China Aluminum (02600) is still the industry's first choice, with a target price of HK$7.88.
Chalco's Q1 Profit Rises 23% Despite 26% Fall in Revenue
Aluminum Corp. of China or Chalco (SHA:601600, HKG:2600) attributable profit rose 23% year over year to 2.23 billion yuan in the first quarter, according to a Thursday filing with the Hong Kong Stock
Hong Kong Stock Concept Tracking | Leading Companies Expect to Benefit from Higher Aluminum Prices by Accelerating the Removal of Electrolytic Aluminum (with concept stocks)
The person in charge of an electrolytic aluminum factory in Longkou City, Shandong Province, told the reporter that recently there have been strong orders for aluminum ingots at the factory, and quite a few new customers have come to place orders.
China Aluminum (02600) plans to renew PricewaterhouseCoopers Zhongtian and PricewaterhouseCoopers as domestic and foreign accounting firms in 2024
China Aluminum (02600) issued an announcement. The board of directors agreed to renew the company's appointment of PricewaterhouseCoopers Zhongtian Certified Public Accountants (Special...
中國鋁業：2024年第一季度報告
Hong Kong stocks closed (04.25) | Hang Seng Index closed up 0.48%, domestic housing stocks showed strong performance and fell more than 12% after New Oriental-S (09901) results
The Zhitong Finance App learned that the three major indices of Hong Kong stocks had mixed ups and downs. The Hang Seng Index rebounded for four consecutive trading days. After opening slightly lower in early trading, it quickly rose and turned red. The intraday high was 17,434 points to a new high during the new year, then the increase narrowed, showing a volatile adjustment trend. At the close, the Hang Seng Index rose 0.48% or 83.27 points to 17,284.54 points, with a full-day turnover of HK$119.12 billion; the Hang Seng State-owned Enterprises Index rose 0.33% to 6120.37 points; and the Hang Seng Technology Index fell 0.54% to 3554.3 points. CCB International previously indicated that as the Hang Seng Index stabilized its previous low in late January (20
Everbright Securities: Electrolytic aluminum is gradually being incorporated into the carbon market, and hydroelectric aluminum, recycled aluminum, and high-end anodes are expected to benefit
Electrolytic aluminum is gradually being incorporated into the national carbon market.
Changes in Hong Kong stocks | China Aluminum (02600) rose more than 4%, tight supply and demand boosts aluminum prices, and the company's net profit may experience rapid growth in the next three years
The Zhitong Finance App learned that China Aluminum (02,600) rose by more than 4%. As of press release, it had risen 4.05% to HK$5.14, with a turnover of HK$84.6048 million. According to the news, on April 24, the latest price of spot aluminum was 20110 yuan/ton, up 7.71% from the February low. CITIC Securities believes that the apparent decline in inventories under short-term supply shocks validates the resilience of demand. It is expected that although there will still be an increase in the supply of electrolytic aluminum during the year, the growth rate will decline. It is expected that the domestic electrolytic aluminum industry will show a tight balance during the year, and aluminum prices and profits per ton of aluminum will remain high. According to the Haitong Securities Research Report, the company not only
Zhitong Hong Kong Stock Investment Calendar | April 25
According to Zhitong Finance App statistics, on April 25, 2024, the investment logs of Hong Kong stock listed companies are as follows: Category: Company Performance Announcement Sun Xintian Green Energy Era Electric Dexin China China Aluminum Sanbao Technology Tiger Pharmaceuticals China Shipbuilding Defense Shandong Xinhua Pharmaceutical Co., Ltd. Gloria Ying 21st Century Education Shareholders' Meeting HPC Juice China Lilang HPC Holdings China Lilang HPC HOLDINGS CITIC Construction Investment Securities Tiger Pharmaceuticals Weihai Bank Jinan Industrial dividend payment Tian'an (excluding Clean Day) Kowloon Group (dividend day) Pacific Shipping (dividend day) Pacific Shipping (dividend day) (Excluding clean days) Pacific Shipping (excluding clean days) Remittance
Changes in Hong Kong stocks | The collective rebound of non-ferrous stocks in early trading, agencies say the upward factors have loosened but there have been no fundamental changes
Non-ferrous stocks rebounded collectively in early trading. As of press release, China's Hongqiao (01378) rose 6.19% to HK$10.3; Zijin Mining (02899) rose 3.43% to HK$16.9; Jiangxi Copper (00358) rose 3.4% to HK$15.82; and China Aluminum (02600) rose 3.36% to HK$4.92.
中國鋁業：2023年度報告
Changes in Hong Kong stocks | Demand resilience for electrolytic aluminum significantly exceeded expectations, China Hongqiao (01378) rose more than 4%, and China Aluminum (02600) is now up nearly 3%
The Zhitong Finance App learned that aluminum stocks generally rose in early trading. As of press release, China's Hongqiao (01378) rose 2.97% to HK$10.02; China Aluminum (02,600) rose 2.57% to HK$5.18. CITIC Securities said that the current resilience of demand for electrolytic aluminum has significantly exceeded expectations. Construction of construction profiles has not declined significantly. Construction of industrial profiles and cables is at a new high level in the same period in recent years, and sheet foil production has increased slightly year-on-year and is expected to continue to improve. The apparent decline in inventory under short-term supply shocks verifies the resilience of demand. It is expected that although there will still be an increase in the supply of electrolytic aluminum during the year, the growth rate will decline. In summary, pre
Changes in Hong Kong stocks | China Aluminum (02600) is now down more than 4%, Russian Metal is sanctioned by Britain and the US, and the market is worried that Rusal will enter the domestic market in large quantities
China Aluminum (02600) is now down more than 4%. As of press release, it is down 4.37% to HK$5.03, with a turnover of HK$161 million.
China Aluminum (02600.HK) held a board meeting on April 25 to review and approve the first quarter results
China Aluminum (02600.HK) announced that the board of directors hereby announces that the company will hold a board meeting on April 25, 2024 (Thursday) to review and approve the unaudited quarterly results of the company and its subsidiaries for the three months ended March 31, 2024.
CHALCO: DATE OF BOARD MEETING
Hong Kong Stock Concept Tracking | Aluminum prices recorded the biggest increase since at least 1987, and capital flowed into the non-ferrous metals sector in the short term (with concept stocks)
Aluminum prices recorded their biggest increase since at least 1987.
China Aluminum (02600) will gradually increase the annual cash dividend ratio to no less than 30% of the distributable profit achieved in that year
Zhitong Finance App News, China Aluminum (02600) announced that in recent years, with strong support from all parties, the company has anchored to build “four superpowers” and build world-class strategic goals, continue to deepen quality and efficiency, enhance value creation capabilities, and steadily improve business quality and business performance. In order to further implement the Shanghai Stock Exchange's public initiative for listed companies to carry out “improve quality, increase efficiency and focus on return”, implement the “investor-centered” development concept, further improve the quality of listed companies, and establish a good capital market image, China Aluminum focuses on production and operation management, scientific and technological innovation development, value creation and improvement, and trust
Changes in Hong Kong stocks | China Aluminum (02600) rose more than 4%, leading the rise in aluminum stock supply shortages supporting a further rise in aluminum prices
As of press release, China Aluminum rose 4.4% to HK$5.22, China's Hongqiao (01378) rose 4.06% to HK$9.75, and Rusal (00486) rose 2.05% to HK$2.49.
Hong Kong Stock Concept Tracking | The global aluminum market will experience a gap of 7.24 million tons this year. Downstream inventory removal has ended (with concept stocks)
The influence of the Chinese market on the global aluminum market is increasing
Bank of America Securities: Maintaining Aluminum China's (02600) “Buy” Rating and Raising the Target Price to HK$5.7
Bank of America Securities predicts that China Aluminum (02600) will have a gross profit of 3,000 yuan per ton of aluminum this year.
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