On May 27, Chalco (02600.HK) fell 3.03% in regular trading, trading at HK$11.52/share, with trading volume of HK$356 million.
The decline follows concentrated short-term profit-taking after the stock surged sharply in the previous session, when its A-shares hit the daily limit up (+10.01%) and H-shares rose over 6%. The prior rally was driven by dual catalysts: Guinea, the world's largest bauxite producer accounting for over one-third of global output, announced plans to impose export controls on bauxite in June to boost prices, and the company was confirmed to be included in the Hang Seng Index constituents effective June 8.
After the steep run-up, the broader aluminum sector retreated collectively. Nanshan Aluminum International fell over 8%, China Hongqiao dropped nearly 2%, and Rusal declined 1.27%, reflecting a clear cooling in sector sentiment. Additionally, elevated aluminum prices combined with rising alumina costs squeezing profit margins have prompted the market to digest stretched short-term valuations.
(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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