601600 Aluminum Corporation Of China
- 7.46
- -0.07-0.93%
Aluminum Corporation Of China News
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...
中國鋁業：2024年第一季度報告
Express News | China Aluminum's revenue for the first quarter was RMB 48.96 billion, and net profit for the first quarter was RMB 2.23 billion.
Beishui raised more than HK$500 million from the Bank of China and sold Meituan for nearly HK$800 million; Nanshui bought CMB for nearly 700 million yuan
On April 25 (Thursday), Southwest Capital made net purchases of Hong Kong stocks of HK$1.88 billion today. The Hong Kong Stock Exchange and Tencent Holdings received net purchases of HK$407 million and HK$222 million respectively.
A quick overview of the Hong Kong market | The Hang Seng Index and China Index rose slightly, domestic housing stocks and coal stocks strengthened, Agile Group rose more than 9%, and South Gobi rose nearly 13%
The trend of science and network stocks was divided. Bilibili rose nearly 2% and Meituan fell nearly 2%; non-ferrous metals stocks generally rose; China Aluminum rose nearly 6%, and China Hongqiao rose nearly 4%.
Changes in Hong Kong stocks | China Aluminum rose more than 4%, tight supply and demand are driving up aluminum prices, and the company's net profit may experience rapid growth in the next three years
On April 25, China Aluminum (02600) rose more than 4%. As of press release, it had risen 5.06% to HK$5.19, with a turnover of HK$193 million.
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.
China Aluminum (601600): Huayun Phase III will be put into operation during the upcoming peak season or welcome a sharp rise in volume
On April 25, the company released its quarterly report for 2014. 1Q24 achieved revenue of 48.956 billion yuan, +33.52% month-on-month, and -26.14% year-on-year; net profit to mother of 2,230 billion yuan, +63 month-on-month.
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.
Beishui added nearly HK$400 million each to Tencent and the Hong Kong Stock Exchange, selling Meituan for nearly HK$500 million; Nanshui bought Zijin Mining for nearly HK$500 million
On April 23 (Tuesday), Nanxia Capital made a net purchase of HK$2.34 billion in Hong Kong stocks today, and the Bank of China received a net purchase of HK$696 million.
Individual stocks with Chinese characters fluctuated and weakened, and CCPC Hi-Tech fell to a standstill during the intraday period. China Alcoa International, China Shipbuilding Hanguang, China Aluminum, China Coal Energy, and China Dynamics had the high
Individual stocks with Chinese characters fluctuated and weakened, and CCPC Hi-Tech fell to a standstill during the intraday period. China Alcoa International, China Shipbuilding Hanguang, China Aluminum, China Coal Energy, and China Dynamics had the highest declines.
Express News | CICC: External factors and supply clearance bring opportunities to the upstream resource industry, focusing on resource sectors such as gold, petroleum and petrochemicals, and non-ferrous metals
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