Movement Alert|Chalco Rises 3.66% in Regular Trading, Multiple Global Institutions Increase Stakes Amid Ongoing Strait Supply Uncertainty

Market Focus
9 hours ago

On July 3, Chalco (02600.HK) rose 3.66% in regular trading, reaching HKD 7.71, with turnover of approximately HKD 42.32 million.

On the news front, multiple international institutions have recently increased their positions in Chalco H-shares in quick succession. BlackRock added approximately 24.42 million shares on June 22, raising its stake from 8.88% to 9.50%. Barclays increased its holding from 4.33% to 5.07% on June 23, crossing the 5% disclosure threshold. JPMorgan Chase also added 3.14 million shares on the same day, lifting its stake to 5.70%.

Meanwhile, the Strait of Hormuz remains designated as a war zone, with continued vessel attacks sustaining significant uncertainty over aluminum supply recovery prospects. Overseas aluminum inventories remain at extremely low levels, supporting elevated risk premiums in the sector. Within the aluminum sector, peers China Hongqiao rose 3.7%, Chuangxin Industrial rose 6.24%, and Nanshan Aluminium International gained 3.53%.

(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.)

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