HK Stock Market Move | China Aluminum International Engineering Corporation (02068) rose nearly 5% in midday trading, with the company fully returning to the non-ferrous metals and advantageous industrial sectors. Overseas business is gaining momentum.
Chalco International (02068) rose nearly 5% intraday, as of the time of writing, it has risen by 4.12% to HK$2.53, with a turnover of HK$13.2695 million.
China Aluminum International Engineering Corporation (02068) rose nearly 5% in midday, rising 4.12% as of the time of writing, at HK$2.53, with a turnover of HK$13.2695 million.
On the news front, China Aluminum International Engineering Corporation is scheduled to hold a board meeting on October 28 to approve the third-quarter performance. In addition, on October 14, China Aluminum International Engineering Corporation successfully signed a contract for the construction of an aluminum smelting plant in Angola, marking a solid step forward in Jiuye's expansion in the overseas market. In September, China Aluminum International Engineering Corporation's seven management achievements won the 2025 Nonferrous Metal Enterprise Management Modernization Innovation Achievement Award.
Western points out that China Aluminum International Engineering Corporation is a leading engineering and technical company in the nonferrous metals industry, backed by the Aluminum Corporation of China. The company is currently returning to the nonferrous metal and advantageous industrial fields, exiting high-risk, low-efficiency non-core businesses, accelerating transformation and upgrading, and is expected to benefit from the high prosperity of the nonferrous metals industry. The company also fully implements the "technology + international" strategy, with strong growth in overseas business. It is optimistic about the high-quality growth prospects brought about by the company's strategic transformation focus and international development, initiating coverage with a "hold" rating.
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