On September 2, CHALCO fell 3.23% in regular trading, trading at HKD 8.385/share, with turnover of approximately HKD 65.28 million. The broader aluminum sector extended its weakness, with China Hongqiao down 3.02% and Chuangxin Industrial down 1.98%.

The decline comes as the market exhibits classic profit-taking behavior following the company's strong interim results. CHALCO reported H1 attributable net profit of RMB 11.87 billion, up 67.91% year-over-year, with Q2 standalone net profit surging 79.47%. Revenue rose 7.74% to RMB 125.41 billion, driven by a 19% increase in domestic aluminum prices. The company also raised its payout ratio to 45% from 30%, declaring an interim dividend of RMB 0.276 per share.

However, institutional sentiment has turned cautious. BlackRock reduced its H-share long position from 11.23% to 10.53%, while JPMorgan sold approximately 5.25 million H-shares at HKD 8.626 each, lowering its stake to 5.94%. Goldman Sachs recently downgraded the stock, citing accelerating global aluminum supply growth and limited room for further alumina cost compression. Meanwhile, BOCI maintained a Buy rating with a raised target of HKD 11.09, highlighting improved earnings and dividend prospects.

(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.)