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Express News | Aluminum Corporation Says Board Approves Unit to Set up Coal Electricity Project Worth About 4.6 Bln Yuan
Morgan Stanley: Maintains Aluminum Corporation Of China (02600) "Shareholding" rating with a Target Price of 5.5 Hong Kong dollars.
Morgan Stanley expects aluminum prices to remain at relatively high levels, while believing that the Aluminum Corporation Of China's profitability will shift back to aluminum, providing support for its robust earnings.
China Aluminum: China Aluminum 2024 Annual Performance Pre-Increase Announcement
China Aluminum 2024 performance advance announcement
Hong Kong Stock Announcement for Investment | Aluminum Corporation Of China expects an annual net income of 12 billion yuan to 13 billion yuan, an increase of 79% to 94% year-on-year.
Tianqi Lithium Corporation (09696) issues a profit warning, expecting an annual net loss attributable to shareholders of between 7.1 billion yuan and 8.2 billion yuan; SUNAC (01918): The Great Wall Risk Assets Activation Investment Center plans to invest no more than 2.476 billion yuan to restructure the existing debt of the Chongqing Bay project and provide additional financing to revitalize the project.
Last year's net profit is expected to increase by more than 70%. Aluminum Corporation Of China achieved its best performance since going public. Industry insiders believe that aluminum prices will continue to rise.| Interpretations
① Aluminum Corporation Of China expects a net profit growth of over 70% year-on-year in 2024, achieving the best annual performance since its listing; ② Industry insiders predict that aluminum prices will continue to rise in 2025.
102884128 : getting disappointed with this counter. every day drop.