On May 20, Chalco (02600.HK) rose 3.28% in regular trading, trading at HK$10.73/share, with trading volume of HK$116 million. The stock staged a technical rebound following significant selling pressure over prior sessions.

On the news front, Chalco had declined for three consecutive trading days — falling 3.16% on May 15, 3.04% on May 18, and 3.09% on May 19 — accumulating substantial short-term losses. The broader aluminum sector showed partial recovery on May 20, with China Hongqiao rising 1.95% and Chuangxin Industrial up 1.75%, providing positive momentum. The prior selloff was driven by sector-wide weakness amid elevated U.S. Fed rate hike expectations and a supply-strong, demand-weak aluminum market outlook. Institutional activity also weighed on sentiment, with CITIC Securities Asset Management reducing its position by 12.63 million shares on May 15, and BlackRock trimming its long position from 9.18% to 8.40%.

On fundamentals, Chalco reported Q1 net profit attributable to shareholders grew 56.35% year-over-year, with revenue of RMB 58.49 billion (+4.85% YoY) and gross margin of 25.83%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)