Golden Finance News | Aluminum Corporation of China (02600) stock price is under pressure, with a further drop in the afternoon. As of press time, it was reported at HKD 4.39, down 6.6%, with a turnover of 0.16 billion HKD.
According to the latest equity disclosure information from the HKEX, on July 17, 2024, China Aluminum Corporation experienced shareholding reduction in the on-exchange market by E Fund Management Co., Ltd. at an average price of HKD 4.8896 per share, totaling 15.05 million shares and about 735.885 million HKD. After the shareholding reduction, E Fund Management Co., Ltd.'s latest number of shares held is 194,102,427 shares, and the shareholding ratio has decreased from 5.30% to 4.92%.
In other news, Galaxy Futures stated that overseas political concerns are heating up, the 'Trump trade' is continuing, overseas macro risk appetite is weakening, non-ferrous prices are falling in resonance, the market atmosphere is showing weakness, downstream demand is weak, inventory digestion is not good, and under the worry of overseas tariff barriers, aluminum prices remain weak, currently at the stage of breaking even.