Aluminum Corporation of China (02600) fell nearly 3%, and as of press time, it fell 2.08% to HKD 4.7 with a turnover of HKD 14.4654 million.
According to the Wisdom FinTech APP, Aluminum Corporation of China (02600) fell nearly 3%, and as of press time, it fell 2.08% to HKD 4.7 with a turnover of HKD 14.4654 million.
On the news front, according to SMM data, yesterday's A00 aluminum price recorded RMB 19,760/ton, down RMB 30/ton from the previous trading day. As for futures, on July 17, the main Shanghai aluminum contract opened at RMB 19,800/ton and closed at RMB 19,740/ton, down RMB 120/ton from the previous trading day's closing price.
Citigroup released research reports, stating that due to the possible slowdown in aluminum demand in the short term, and the third quarter aluminum business profit may slightly decrease by quarter, it opened a negative observation of Aluminum Corporation of China for 30 days. Rating "buy", target price HKD 7.88.