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An update from Aluminum of China ( (HK:2600) ) is now available.
Aluminum Corporation of China Limited announced the completion of a shareholding increase plan by its controlling shareholder, Aluminum Corporation of China (Chinalco), and parties acting in concert. The plan, launched in April 2025 to demonstrate confidence in Chalco’s prospects and protect minority investors, targeted purchases of A shares and H shares worth between RMB1 billion and RMB2 billion, capped at 2% of total share capital.
By the end of the 12‑month period, Chinalco and its concert parties had acquired a total of 193,029,583 shares via the Shanghai and Hong Kong exchanges. This comprised 97,349,583 A shares and 95,680,000 H shares, representing about 1.13% of the company’s total share capital, for a cumulative investment of approximately RMB1.015 billion, reinforcing the controlling shareholder’s stake and signaling strengthened backing for Chalco’s long-term development.
The most recent analyst rating on (HK:2600) stock is a Hold with a HK$12.50 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 major producer in China’s aluminum industry, with its shares traded on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange. The company focuses on aluminum and related products, serving domestic and international markets through dual listings in A shares and H shares.
Average Trading Volume: 63,043,626
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$218.6B
Learn more about 2600 stock on TipRanks’ Stock Analysis page.