BUZZ-Aluminum Corporation of China climbs to three-week high on robust earnings estimates
Reuters04-09 10:53
BUZZ-Aluminum Corporation of China climbs to three-week high on robust earnings estimates
** Hong Kong-listed shares of Aluminum Corporation of China 2600.HK climb 3.2% to HK$12.8, their highest level since March 17
** Stock is the second-biggest pct gainer in the Hang Seng Composite Index .HSCIM, which is down 0.1%
** Shanghai-listed shares 601600.SS gain 3.3% to 12.63 yuan, their highest point since March 18
** China-based aluminum products producer expects to record net profit attributable to shareholders ranging from 5.302 billion yuan-5.585 billion yuan ($775.96 million-$817.38 million) for the first quarter of 2026, up 50%-58% y/y
** YTD, Hong Kong stock up 5.4%, Shanghai-listed shares up 3.1%
($1 = 6.8328 Chinese yuan)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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