On August 18, CHALCO fell 3.04% in regular trading, trading at HKD 8.28/share, with turnover of HKD 63.52 million, extending the post-correction trend following the Middle East aluminum production resumption shock last week.

On the news front, Emirates Global Aluminium confirmed it will spend USD 400 million to repair war-damaged smelting facilities, targeting a return to pre-war production levels by Q1 next year. This validation of Middle East aluminum capacity restoration expectations has weighed on aluminum prices. Meanwhile, JPMorgan reduced its CHALCO holdings by approximately 5.25 million H-shares on August 11 at an average price of HKD 8.63/share, bringing its long position to 5.94%. BlackRock also trimmed its H-share long position from 11.23% to 10.53%, with sustained foreign institutional selling pressuring market sentiment.

Notably, controlling shareholder Chinalco and parties acting in concert have cumulatively increased their stake by approximately RMB 659 million, with a total planned increase of RMB 1-2 billion still in progress, while the company forecasts H1 net profit of RMB 11.2-12.2 billion, up 58%-73% year-over-year.

(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.)