02600 CHALCO
- 5.530
- -0.010-0.18%
CHALCO News
Huatai Securities: There is little conflict between aluminum supply and aluminum prices may fluctuate in May
Aluminum prices continued to be strong in April. From a fundamental point of view, supply and demand for electrolytic aluminum were strong, domestic aluminum ingots+aluminum bar inventories continued to be eliminated, and there was little conflict between supply and demand in the industry, which supported aluminum prices.
CHALCO To Go Ex-Dividend On June 27th, 2024 With 0.0882 HKD Dividend Per Share
May 10th - $CHALCO(02600.HK)$ is trading ex-dividend on June 27th, 2024. Shareholders of record on June 28th, 2024 will receive 0.0882 HKD dividend per share on August 20th, 2024. The ex-dividend
China Aluminum (02600.HK) will pay a final dividend of 0.08 yuan per share on August 20
China Aluminum (02600.HK) announced that the company will pay a final dividend of 0.08 yuan per share on August 20, 2024.
Changes in Hong Kong stocks | Aluminum stocks rose in the afternoon, the expected difference in electrolytic aluminum is still large, and aluminum profit margins may remain at a high level for a long time
The Zhitong Finance App learned that aluminum stocks rose in the afternoon. As of press release, China's Hongqiao (01378) rose 4.5% to HK$11.62; China Aluminum (02600) rose 2.96% to HK$5.56; and Xingfa Aluminum (00098) rose 0.13% to HK$7.96. Guolian Securities released a research report saying that many factors suppressing metal prices in 2024 are expected to be mitigated, and the pace of global economic recovery in the post-pandemic era may become the core of non-ferrous metal pricing. Guojin Securities, on the other hand, said that the difference in expectations for the electrolytic aluminum sector is still large. Recently, domestic real estate support policies have continued to be strengthened, and the equity market
Hong Kong Stock Concept Tracking | Aluminum prices remain stable at 20,000 yuan and continued supply-side tightness is still the biggest factor driving up prices (with concept stocks)
The Zhitong Finance App learned that in the first quarter of 2024, aluminum prices stopped falling and rebounded, showing a “V” reversal. The price range during the quarter was 18650-19540 yuan/ton, and the average price rose from the fourth quarter of 2023. According to data from Zhuochuang News, in the second quarter, the domestic spot aluminum price once rose to 20,750 yuan/ton, breaking a new high in nearly a year. The main futures contract for Shanghai Aluminum climbed to a maximum of 21,345 yuan/ton. Since March, despite being in a seasonal inventory phase, aluminum prices have broken out of the unilateral rise. In mid-April, the main contract between Shanghai and Aluminum once climbed to 21,345 yuan/ton, which was refreshed
A quick look at the Hong Kong market | The three major indices have collectively pulled back, and the science index fell more than 2% to 4,000 points; domestic housing stocks rose against the market, and Xincheng Development rose nearly 6%
Technology Network stocks generally fell; Bilibili fell more than 6%, Kuaishou fell nearly 5%, and Meituan fell nearly 4%; copper concept stocks strengthened, Wanguo International Mining rose nearly 10%, and China's nonferrous mining industry rose more than 4%.
Direct impact of changes | China's aluminum industry rose more than 3%, prices of electrolytic aluminum and alumina rose, and Q1 net profit to mother increased 63% month-on-month
China Aluminum (02600) rose more than 3% in the afternoon. As of press release, it had risen 3.4% to HK$548, with a turnover of HK$290 million.
Hong Kong Resources stocks strengthened at the beginning of the market. Minmetals Resources and Luoyang Molybdenum rose nearly 3%, while China Aluminum and China Gold International rose more than 2%.
Hong Kong Resources stocks strengthened at the beginning of the market. Minmetals Resources and Luoyang Molybdenum rose nearly 3%, while China Aluminum and China Gold International rose more than 2%.
China League Securities: Many factors suppressing metal prices in 24 years are expected to ease continued optimism about investment opportunities in the non-ferrous metals sector
As the Federal Reserve's interest rate hike comes to an end, the US dollar index falls significantly, and global liquidity is expected to improve, compounding expectations for China's economic recovery; continuing to be optimistic about investment opportunities in the non-ferrous metals sector, the League of Nations Securities maintained the industry's “better than the big market” rating.
China Aluminum (601600) Company Incident Review Report: Benefiting from rising product prices, net profit to mother increased sharply sequentially in 2024Q1
China Aluminum released its 2024 quarterly report: the company achieved operating income of 48.956 billion yuan, -26.14%, and -1.2% month-on-month; net profit to mother was 2,230 billion yuan, +23.01% year-on-year, +6 month-on-month
Most Hong Kong non-ferrous metals stocks rose, China's Hongqiao rose nearly 6%
Gelonghui, April 30 | China's Hongqiao rose 5.79%, China Aluminum rose 2.11%, Jiangxi Copper shares rose 1.49%, and Shandong Gold rose 1.17%.
Bank Ratings | Bank of America: Maintaining Chinalco's “buy” rating, optimistic that it can become an industry leader
According to a research report published by Bank of America Securities, under Chinese corporate accounting standards, China Alcoa's net profit record for the first quarter of this year was 2.23 billion yuan, up 23% year-on-year and 63% quarter-on-quarter, reaching 25% and 29% of the bank's and market estimates for the full year's net profit forecast. The gross margin for the first quarter reached 14%, increasing production by 6 percentage points year-on-year. During the period, production and sales increased by 16% and 11%, respectively.
Following the intensive disclosure of the quarterly reports of listed companies, the latest 10 billion private equity positions came to light. In the first quarter of this year, Gao Yi Asset Deng Xiaofeng made frequent moves to reduce his holdings of cycl
Following the intensive disclosure of the quarterly reports of listed companies, the latest 10 billion private equity positions came to light. In the first quarter of this year, Gao Yi Asset Deng Xiaofeng made frequent moves to reduce his holdings of cyclical stocks such as Zijin Mining, Yunlu, and China Aluminum, and there were signs that some profits were settled from cyclical stocks while at the same time buying Naxime; Feng Liu reduced his holdings in Baofeng Energy and Hikvision increased Longbai Group's holdings in new Ruifeng New Materials. The two major private equity funds Huirongsheng and Ruifeng Huibang both withdrew from Maotai's top ten circulation shareholders Ruijun Xinjin Bull Group Xuanyuan and continued to invest heavily in 4 shares including Hengli Petrochemical Juming Xinjin Shenghong Technology. It is worth noting that Yingshui investment continues to be heavy, does Tomofei Biotech not
Express News | The latest 10 billion private equity positions revealed! Deng Xiaofeng and Feng Liu move frequently
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
China Aluminum (601600): Q1 net profit to mother increased 63% above expectations
Core view: In 24Q1, the company's net profit to mother increased 63% month-on-month, which was better than expected. According to the company's financial report, 24Q1 achieved operating income of 49 billion yuan, -26% year-on-year, +34% month-on-month, and net profit of 2.2 billion yuan to mother, same
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.
Featured announcements | CNOOC's net profit for the first quarter was nearly 40 billion yuan; China Aluminum's net profit for the first quarter increased 23.01% year-on-year
ZTE's net profit for the first quarter increased by 3.74% year on year; Times Electric's net profit for the first quarter increased by 30.44% year on year.
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...
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