HK Stock Market Move | Aluminum Corporation of China (02600) fell by over 5% as expectations of resumption of production in the Middle East strengthened, putting pressure on aluminum prices to decline.

10:42 13/08/2026

China Aluminum Corporation (02600) fell over 5%. As of the time of publication, it had dropped 5.69% to HKD 8.28, with a trading volume of HKD 328 million.

Aluminum Corporation Of China (02600) dropped over 5%. As of the time of reporting, it fell by 5.69%, reaching HKD 8.28, with a transaction volume of HKD 328 million. On the news front, expectations of resumed production in the Middle East have led to a decline in aluminum prices from their highs. Reports indicate that Emirates Global Aluminum (EGA), one of the largest aluminum producers in the Middle East, plans to invest approximately USD 400 million to repair its aluminum smelter in Abu Dhabi, which was damaged due to war, and to restore production. EGA stated in a release that the smelter's output is expected to return to pre-war levels by the first quarter of next year, and the company is currently working to expedite this recovery process. Currently, about 18% of the electrolytic cells at the smelter have been restarted, up from just 7% in early July.

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