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Aluminum Corp of China Ltd (2600.HK)

2600.HK on Hong Kong Stock

3.60HKD
22 Jun 2018
Change (% chg)

HK$-0.03 (-0.83%)
Prev Close
HK$3.63
Open
HK$3.62
Day's High
HK$3.63
Day's Low
HK$3.52
Volume
20,083,342
Avg. Vol
35,058,472
52-wk High
HK$7.55
52-wk Low
HK$3.52

Latest Key Developments (Source: Significant Developments)

Chalco Plans JV With Controlling Shareholder, To Merge Two Units
Thursday, 21 Jun 2018 

June 21 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>2600.HKACH.N::SAYS IT PLANS TO SET UP JV WITH CONTROLLING SHAREHOLDER CHINALCO WITH REGISTERED CAPITAL AT 1.0 BILLION YUAN ($153.88 million).SAYS IT PLANS TO MERGE TWO ALUMINUM UNITS WITH EXISTING UNIT'S REGISTERED CAPITAL RISING TO 3.2 BILLION YUAN AFTER TRANSACTION.SAYS ASSET ACQUISITION DISCUSSIONS ANNOUNCED IN JANUARY STILL UNDERWAY.  Full Article

Aluminum Corp Of China Enters Cooperation Agreement With People's Government Of Yunnan Province
Monday, 28 May 2018 

May 28 (Reuters) - Aluminum Corp of China Ltd <601600.SS>::ENTERED INTO AGREEMENT WITH PEOPLE'S GOVERNMENT OF YUNNAN PROVINCE TO FURTHER EXPAND DEPTH & BREADTH OF STRATEGIC COOPERATION.  Full Article

Aluminum Corp Of China Ltd Appoints Zhu Runzhou As Vice President
Friday, 25 May 2018 

May 25 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::LIU CAIMING PROPOSED TO RESIGN AS A NON-EXECUTIVE DIRECTOR.ZHU RUNZHOU APPOINTED VICE PRESIDENT OF CO.  Full Article

Aluminum Corp Of China Updates Progress Of Plan For Acquisition Of Assets By Issuance Of Shares
Monday, 23 Apr 2018 

April 23 (Reuters) - Aluminum Corp of China Ltd <601600.SS>::AS AT APRIL 23, CO & RELEVANT PARTIES ARE ACTIVELY FACILITATING ACQUISITION OF ASSETS BY ISSUANCE OF SHARES IN ALL-ROUND WAY.  Full Article

Aluminum Corp Of China Signs Framework Agreement For Acquisition Of Assets
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::ALUMINUM CORP OF CHINA - CO PROPOSES TO ACQUIRE 30.80% OF EQUITY INTERESTS IN CHALCO SHANDONG AND 36.90% OF EQUITY INTERESTS IN ZHONGZHOU ALUMINUM.ALUMINUM CORP OF CHINA - CO ENTERED FRAMEWORK AGREEMENT ON ISSUANCE OF SHARES FOR ACQUISITION OF ASSETS BY ALUMINUM CORPORATION OF CHINA LTD.ALUMINUM CORP OF CHINA - ‍CO TO ACQUIRE 25.67% OF EQUITY INTERESTS IN BAOTOU ALUMINUM AND 81.14% OF EQUITY INTERESTS IN CHALCO MINING​.ALUMINUM CORP OF CHINA - TRANSACTION WILL NOT RESULT IN A CHANGE OF CONTROL OF COMPANY, NOR WILL IT CONSTITUTE A RESTRUCTURING FOR LISTING.ALUMINUM CORP OF CHINA - CO AND COUNTERPARTIES ENTERED FRAMEWORK AGREEMENT TO REACH A PRELIMINARY INTENT ON MATTERS CONCERNING RESTRUCTURING.ALUMINUM CORP OF CHINA - CO IS EXPECTED TO DISCLOSE PROPOSAL FOR RESTRUCTURING & APPLY FOR RESUMPTION OF TRADING OF SHARES BEFORE 12 FEBRUARY 2018.  Full Article

Aluminum Corp Of China unit to buy partial assets of controlling shareholder's affiliate for 50.1 mln yuan
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>:Says Shanxi-based new material unit will buy sewage treatment station related assets of controlling shareholder's Shanxi affiliate, for 50.1 million yuan in total .  Full Article

Aluminum Corp Of China Says Unti Enters Equity Transfer Agreement With Chinalco Chalco Shandong
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::ALUMINUM CORP OF CHINA-CHALCO SHANDONG ENTERS EQUITY TRANSFER AGREEMENT WITH CHINALCO; CHALCO SHANDONG TO BUY QINGDAO LIGHT METAL FOR RMB 300.4 MILLION​.  Full Article

Chalco's Unit Plans To Acquire Parent's Qingdao Unit For 300.4 Million Yuan
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:: SAYS ITS UNIT PLANS TO ACQUIRE PARENT'S QINGDAO UNIT FOR 300.4 MILLION YUAN ($45.98 million).  Full Article

Aluminum Corp Of China Proposes Third-Party Investors For Capital Contribution To Subsidiaries
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::‍CO,CHALCO MINING AND INVESTORS ENTERED INTO CHALCO MINING DEBT CONVERSION AGREEMENTS​.ENTERED CHALCO SHANDONG INVESTMENT AGREEMENT, ZHONGZHOU ALUMINUM INVESTMENT AGREEMENST & BAOTOU ALUMINUM INVESTMENT AGREEMENTS.PURSUANT TO DEALS INVESTORS TO CONTRIBUTE CAPITAL TO CHALCO SHANDONG, ZHONGZHOU ALUMINUM, BAOTOU ALUMINUM & CHALCO MINING​.  Full Article

Aluminum Corp of China announces ‍disposal of 60 pct equity interest in Shandong Engineering​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::Announces ‍disposal of 60% equity interest in Shandong Engineering​.Co agreed to dispose and CHALIECO agreed to acquire 60% equity interest in Shandong Engineering for RMB360.4 million​.Gains expected from disposal of about RMB167.5 million.  Full Article

METALS-Copper traders eye Indian smelter shutdown

(Adds broker comment; updates prices) BEIJING/MELBOURNE May 29 Copper traders eyed the shutdown of an Indian copper smelter on Tuesday that could cut supply from the market, while China steel-linked metals followed rebar higher amid a pick-up in seasonal demand. Copper was likely to find some price support after an Indian state on Monday ordered the permanent closure of a copper smelter controlled by London-listed Vedanta Resources following the deaths of 13 protesters last