HK Stock Market Move | Aluminum Corporation Of China (02600) rises over 4%; Q3 net profit attributable to shareholders up 59% year-on-year; Citi maintains "Buy" rating.
Aluminum Corporation of China (02600) share price moved higher, rising 4.19% as of press time to HK$7.215, with turnover of HK$234 million.
Aluminum Corporation Of China (02600) share price moved higher, rising 4.19% as of press time to HK$7.215, with turnover of HK$234 million.
On the news front, Aluminum Corporation Of China released its Q3 2026 report last night: revenue for the first three quarters was RMB186.594 billion, up 5.71% year-on-year; net profit attributable to shareholders was RMB17.916 billion, up 64.79% year-on-year. In Q3 alone, revenue was RMB61.181 billion, up 1.76% year-on-year; net profit attributable to shareholders was RMB6.044 billion, up 59% year-on-year. Citi said in a research note that driven by quarter-on-quarter growth in sales volumes of alumina and aluminum products, the group's business performance beat expectations. The bank maintained its "Buy" rating on Aluminum Corporation Of China with a target price of HK$17.08.
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