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Aluminum of China ( (HK:2600) ) has shared an update.
Aluminum of China has announced the renewal of several key agreements with its subsidiary, Chinalco, to continue its financial and leasing operations. These agreements, including the New Financial Services Agreement and the New Finance Lease Cooperation Framework Agreement, are crucial for maintaining the company’s financial stability and operational efficiency, with implications for shareholder approval and regulatory compliance under Hong Kong Listing Rules.
The most recent analyst rating on (HK:2600) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on Aluminum of China stock, see the HK:2600 Stock Forecast page.
More about Aluminum of China
Aluminum of China is a leading company in the aluminum industry, primarily focusing on the production and distribution of aluminum products. The company is involved in various financial and leasing services through its connections with subsidiaries like Chinalco Finance Company, enhancing its market presence.
YTD Price Performance: 112.52%
Average Trading Volume: 56,543,855
Technical Sentiment Signal: Buy
Current Market Cap: HK$168.9B
See more insights into 2600 stock on TipRanks’ Stock Analysis page.