MSALUCO@EC2607A(20270.HK)

Company Encyclopedia

MSALUCO@EC2607A

20270.HK

Shareholder

Ownership	%Owned	Share Chg	Report Date
No Data

News

Morgan Stanley has included China Aluminum A shares in its focus stock list for China and Hong Kong

Morgan Stanley has included China Aluminum A shares in its focus stock list for China and Hong Kong, removing Yangtze Power. China Aluminum is the largest aluminum producer in the country, with a legal aluminum production quota of 8.15 million tons, and plans to establish a joint venture with Rio Tinto to acquire nearly 69% of Brazil's aluminum assets. Morgan Stanley predicts that aluminum prices will remain high, with a tight industry fundamental, and expects strong profit margins for China Aluminum, giving it an "Overweight" rating

AASTOCKS·9 Hours ago

According to Citigroup in "The Big Banks," the acquisition by CHALCO is expected to increase aluminum production capacity by 6%, maintaining its industry preference

Citi's research report pointed out that CHALCO plans to acquire the Brazilian aluminum shares held by Waterland through a cash purchase, which is expected to increase aluminum production capacity by 6%. The acquisition price is approximately RMB 6.286 billion, implying a forecasted price-to-earnings ratio of about 13 times for 2025. Citi believes that considering the expected rise in aluminum prices, this acquisition is attractive and maintains CHALCO as the industry preference, with a target price of HKD 15.94 and a rating of "Buy."

AASTOCKS·02/02/2026 12:08

AASTOCKS·02/02/2026 12:08

Correction: Rio Tinto, Aluminum Corporation of China Acquire Majority Stake in Companhia Brasileira de Aluminio for $902.6 Million in Cash

Rio Tinto and Aluminum Corporation of China are acquiring a 68.6% stake in Companhia Brasileira de Aluminio for $902.6 million. The joint venture will consist of 33% held by Rio Tinto and 67% by Chalco, with a share price of 10.50 Brazilian reals, a 21.2% premium over the last 20 days' average. Following the acquisition, a mandatory tender offer for remaining shares will be made. Rio Tinto's stake is valued at $297.8 million.

fidelity·01/31/2026 01:36

fidelity·01/31/2026 01:36

Deals of the day-Mergers and acquisitions

On January 30, various mergers and acquisitions were reported. Pinewood Technologies surged 28% after announcing a potential £575.5 million deal with Apax Partners. Bertelsmann's BMG Rights Management is considering a cash-and-stock offer for Concord valued at up to $7 billion. Chinalco and Rio Tinto agreed to acquire a controlling stake in Companhia Brasileira de Aluminio for $903.61 million. SpaceX is exploring a merger with Tesla or xAI. Nine Entertainment plans to buy QMS for A$850 million while divesting its radio arm. Apple acquired Israeli startup Q.ai for AI technology.

Reuters·01/30/2026 19:08

Reuters·01/30/2026 19:08

CHINALCO Appoints Zhu Dan as Company Secretary and CFO

Aluminum Corporation of China Ltd. (CHINALCO) has appointed Ms. Zhu Dan as the new company secretary and chief financial officer, effective January 29, 2026. She replaces Mr. Ge Xiaolei, who will resign from the position. Zhu Dan brings over 20 years of experience in financial management and capital operations within the company.

Reuters·01/30/2026 07:32

Reuters·01/30/2026 07:32