CTALUCO@EC2611A

Chinalco Issues $800 Million Offshore Bond

BlackRock Increases Stake in Chinalco H Shares

CHALCO to Release FY2026 Q1 Earnings on April 23 Pre-Market (BJT), Forecast EPS HKD 0.3553

BlackRock Increases Stake in China Aluminum Co. to 8.14%

Citi Rates CHALCO Buy with a Target Price of HKD 15.94

Morgan Stanley Raises Target Price on China Aluminum Co. to HKD 18.1

Chinalco Boosts Stake in China Aluminum Corp.

China Aluminum Announces Q1 2026 Net Profit Forecast to Increase by 50% to 58%

China Aluminum Corporation's wholly-owned subsidiary acquires 51% equity of Yun Aluminum Logistics

Goldman Sachs Upgrades Chinalco A-Share Rating to Neutral

UAE Aluminum Corporation's facilities enter emergency shutdown

Blackstone Increases Stake in Chinalco H-shares to 7.58%

Fitch Assigns China Aluminum Hong Kong Long-term Issuer Default Rating of 'BBB+'

Jefferies Adjusts Aluminum Corp of China's Target Price to 15.20 Yuan, Maintains 'Buy' Rating

Jefferies Downgrades China Aluminum's Target Price to HKD 14.70

China Aluminum Announces Growth in 2025 Annual Performance

China Aluminum Reports 360 Million Yuan in Asset Impairment Losses

China Aluminum Corporation Releases 2025 ESG Report

China Aluminum Announces Mid-Year Dividend Distribution Plan of About RMB 2.11 Billion for 2025

China Aluminum Corporation's Net Profit Increased by 2.25% in 2025

FINELAND LIVING

GPIXEL

WK GROUP

MAX SIGHT GROUP

I.CENTURY HLDG

HAO BAI INTL

TEAMWAY INTL GP

GEMILANG INTL

DAISHOMICROLINE

02097

02714

03750

09973

03986

06656

02513

02600

06082

09980

MIXUE GROUP(02097) rose 5.6%, with a trading turnover 385.2 Million HKD, and a year-to-date fell 24.5%. MUYUAN(02714) rose 5.44%, with a trading turnover 155.3 Million HKD, and a year-to-date rose 9.3%. SIGENERGY(06656) fell 9.37%, with a trading turnover 587.7 Million HKD, and a year-to-date rose 67%. KNOWLEDGE ATLAS(02513) fell 2.56%, with a trading turnover 1.0 Billion HKD, and a year-to-date rose 717.6%.

Top Gainers & Losers

MIXUE GROUP

MUYUAN

CATL

CHERY AUTO

GIGADEVICE

SIGENERGY

KNOWLEDGE ATLAS

CHALCO

BIREN TECH

EASTROC

Top 5 HK Stock Gainers/Losers (>100B) (4.21)

01138

00100

09633

01347

01898

00857

02618

KNOWLEDGE ATLAS(02513) rose 9.43%, with a trading turnover 2.0 Billion HKD, and a year-to-date rose 739.1%. COSCO SHIP ENGY(01138) rose 6.99%, with a trading turnover 605.9 Million HKD, and a year-to-date rose 100.9%. CHALCO(02600) fell 4.58%, with a trading turnover 375.3 Million HKD, and a year-to-date rose 1.1%. CHINA COAL(01898) fell 4.11%, with a trading turnover 548.7 Million HKD, and a year-to-date rose 29%.

- The Hang Seng Index increased by 0.77%, with a year-to-date gain of 2.9%.  
- The Hang Seng Technology Index rose by 0.46%, but it has a year-to-date decline of 8.2%.  
- Notable company performances include Zhihu (02513) up 9.43% with a total transaction volume of HKD 2.01 billion and a year-to-date rise of 739.1%, while China Aluminum (02600) fell by 4.58%.

COSCO SHIP ENGY

MINIMAX-W

NONGFU SPRING

HUA HONG SEMI

CHINA COAL

PETROCHINA

JD LOGISTICS

Top 5 HK Stock Gainers/Losers (>100B) (4.20)

00486

601600

159608

159881

561330

512400

516650

159876

159871

159880

Aluminum prices on the London Metal Exchange are rising, nearing $3,621 a ton due to a supply shock linked to the U.S.-Iran conflict. Emirates Global Aluminum declared force majeure after attacks on its smelter, impacting 4% of global production. Analysts warn of a serious supply outage, with prices potentially reaching $4,000 a ton. The situation could affect countries reliant on Gulf aluminum shipments, allowing suppliers from China and Russia to gain market share.

ZeroHedge

RUSAL

GF CSI Rare Metals Theme ETF

Guotai CSI Non-ferrous Metal ETF

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

China Southern CSI SWS Non-Ferrous Metal ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Hwabao WP CSI Non-ferrous Metal ETF

Yinhua CSI Non-ferrous Metal ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

JPMorgan Chase

Goldman Sachs

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

GS Hldg R

Aluminum Market Descends Into Supply 'Black Hole'

601702

601677

600219

KALU

000807

CENX

Reuters

Huafon Aluminium

Mtalco

NANSHAN ALUMINIUM

Kaiser Aluminum

Alcoa

Yunnan Aluminium

Century Aluminum

ROI-Aluminium in crisis: war, tariffs and a market running on empty: Andy Home

Chinese aluminum exports are projected to surge due to supply disruptions in the Persian Gulf, which account for 9% of global output. With international prices at a premium, demand for aluminum products is expected to rise, particularly in April. March exports increased by 13% from February, reaching 485,000 tonnes. Analysts predict annual sales could exceed the record 6.7 million tonnes in 2024. Chinese firms are ready to supply overseas customers, although rising shipping costs and competition from magnesium alloys may pose challenges.

Straitstimes

China’s aluminum exports to surge as mideast disruptions persist

Morgan Stanley published a research report indicating that it has raised the target price for CHALCO from RMB 17.7 to RMB 18.1, equivalent to 3.4 times the book value per share (BVPS), and maintained an "Overweight" rating. Due to the upward revision of aluminum price forecasts, the bank has raised its earnings per share estimates for CHALCO for 2026 and 2028 by 3% and 2%, respectively, while the forecast for 2027 remains unchanged

AASTOCKS

Morgan Stanley

Accendra Health

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Morgan Stanley raises CHALCO's target price to 18.1 yuan, maintains "Overweight" rating

Global oil demand is expected to contract due to supply disruptions caused by U.S. President Trump's blockade of the Strait of Hormuz. This has led to a rise in aluminum prices, with the three-month contract on the London Metal Exchange increasing by 0.7% to $3,633.50 per metric ton. Several Middle Eastern producers have declared force majeure, impacting 9% of global aluminum output. However, high prices may be reducing demand, according to ANZ Research analysts.

MorningStar

Australia and New Zealand Banking Group Limited

ANZ Group Holdings Limited

Global Oil Demand Heads for Contraction as Iran -2-

United Company RUSAL has announced that SUAL Partners International no longer holds direct voting rights over a portion of RUSAL's shares. This change, disclosed to the Moscow Exchange, indicates that SUAL Partners' governance influence has diminished, although the exact size of the former stake is unspecified. The announcement suggests a potential shift in RUSAL's shareholder structure, but no immediate operational or strategic changes have been indicated. RUSAL is a major player in the aluminium industry, with shares listed in Hong Kong and Russia.

Tip Ranks

RUSAL Discloses End of SUAL Partners’ Direct Voting Rights in Company

06288

06030

03317

06869

09866

FAST RETAIL-DRS(06288) rose 12.13%, with a trading turnover 2.0 Million HKD, and a year-to-date rose 32.5%. GIGADEVICE(03986) rose 12.06%, with a trading turnover 1.4 Billion HKD, and a year-to-date rose 142.1%. YOFC(06869) fell 7.49%, with a trading turnover 9.0 Billion HKD, and a year-to-date rose 330.2%. NIO-SW(09866) fell 5.96%, with a trading turnover 476.3 Million HKD, and a year-to-date rose 19%.

- The Hang Seng Index increased by 0.55%, with a year-to-date rise of 1%.  
- Xunqi (06288) surged by 12.13%, contributing to a total annual increase of 32.5%, while Zhaoyi Innovation (03986) rose by 12.06%, marking a substantial 142.1% gain this year.  
- Meanwhile, Changfei Optical Fiber (06869) fell by 7.49%, despite a strong annual rise of 330.2%, and NIO-SW (09866) decreased by 5.96%, with a year-to-date gain of 19%.

FAST RETAIL-DRS

CITIC SEC

XUNCE

YOFC

NIO-SW

Top 5 HK Stock Gainers/Losers (>100B) (4.10)

The chairman of China Aluminum Group, Duan Xiangdong, met with the incoming CEO of BHP, Mike Henry. Both sides discussed consolidating cooperation, expanding into emerging fields, and promoting win-win development. Duan Xiangdong expressed that China Aluminum is willing to establish a long-term and stable cooperation system with BHP to achieve a deep upgrade in value creation. Mike Henry stated that BHP hopes to strengthen strategic synergy and expand the breadth and depth of cooperation to jointly address industry challenges

The chairman of CHALCO meets with the incoming CEO of BHP, stating to jointly explore emerging fields

China Aluminum announced a profit warning, expecting a net profit attributable to shareholders in the first quarter to be between RMB 5.302 billion and RMB 5.585 billion, representing a year-on-year growth of 50%-58%. This is mainly due to the company's efforts to comprehensively reduce costs and increase efficiency, with a further increase in the self-mining ratio at the resource end, and all production capacity at the finished product end being fully operational and stable, continuously enhancing market realization capability and overall competitiveness

"Profit Alert" China Aluminum Corporation forecasts first-quarter net profit to increase by at least 50% to 5.3 billion RMB

CTALUCO@EC2611A(28415.HK)

CTALUCO@EC2611A Stock Performance Chart

Top 5 HK Stock Gainers/Losers (>100B) (4.21)

Top 5 HK Stock Gainers/Losers (>100B) (4.20)

Aluminum Market Descends Into Supply 'Black Hole'

ROI-Aluminium in crisis: war, tariffs and a market running on empty: Andy Home

China’s aluminum exports to surge as mideast disruptions persist