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Aluminum of China ( (HK:2600) ) has issued an announcement.
Aluminum Corporation of China Limited has announced a shareholding reduction plan involving its director and vice general manager, Mr. Jiang Tao. Mr. Jiang plans to reduce his holdings by up to 57,500 A shares, which is approximately 0.00034% of the company’s total share capital, due to personal financial needs. This move is expected to have minimal impact on the company’s overall share capital structure, as it represents only a small fraction of Mr. Jiang’s total holdings.
The most recent analyst rating on (HK:2600) stock is a Buy with a HK$13.50 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 Corporation of China Limited, also known as Chalco, is a leading enterprise in the aluminum industry, primarily engaged in the production and distribution of aluminum products. The company operates in various segments including bauxite mining, alumina refining, and primary aluminum smelting, focusing on both domestic and international markets.
YTD Price Performance: 167.63%
Average Trading Volume: 64,582,297
Technical Sentiment Signal: Buy
Current Market Cap: HK$213.8B
See more insights into 2600 stock on TipRanks’ Stock Analysis page.