HK Stock Market Move | Aluminum Corporation Of China (02600) rose nearly 3% after the profit joy, the company's first-quarter performance is expected to increase, and the controlling shareholder and its concerted actor will increase their capital.

Aluminum Corporation Of China (02600) rose by nearly 3% after the profit announcement, reaching 2.1% by the time of the report, with a price of HK$12.66 and a trading volume of HK$1.82 billion. On the news front, on April 8th, Aluminum Corporation Of China announced that the company is expected to achieve a net profit attributable to shareholders of RMB 5.302 billion to 5.585 billion for the first quarter of 2026, an increase of 50% to 58% year-on-year. The expected net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, for the first quarter of 2026 is RMB 5.137 billion to 5.42 billion, an increase of 49% to 58% year-on-year. It is worth mentioning that on the same day, Aluminum Corporation Of China announced that as of the disclosure date of this announcement, the controlling shareholder Aluminum Corporation of China Limited and its concerted actors have completed the period for increasing their shareholdings in the company. Aluminum Corporation of China Limited and its concerted actors increased their holdings by approximately 193 million shares through the Shanghai Stock Exchange and the Hong Kong Stock Exchange trading system (including an increase of approximately 97.3496 million shares in A-shares and 95.68 million shares in H-shares), accounting for approximately 1.13% of the company's total share capital, with a cumulative increase of approximately RMB 1.015 billion. The shareholding plan has been fully implemented.