On August 31, CHALCO fell 3.02% in regular trading, trading at HKD 8.51, with turnover of HKD 124 million. Despite reporting robust H1 results, the stock declined as the market shifted to a sell-the-news posture amid a sector-wide pullback.

CHALCO disclosed its H1 earnings on August 27, reporting attributable net profit of RMB 11.871 billion, up 67.91% year-over-year, with Q2 standalone net profit surging 79.47%. Revenue rose 7.74% to RMB 125.413 billion, while operating costs declined by RMB 5.329 billion, reflecting significant cost-side improvement. The company also announced an interim dividend of RMB 0.276 per share, exceeding its full-year payout last year.

However, Goldman Sachs recently downgraded CHALCO, warning that accelerating aluminum supply growth in China and overseas could pressure H2 price spreads, while alumina spot prices are approaching cost floors with limited room for further decline. The aluminum sector broadly weakened on the day, with China Hongqiao down 4.0%, Chuangxin Industrial down 3.64%, and RUSAL down 2.36%.

(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.)