News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>Citi Reiterates CHALCO (02600.HK) as Sector Top Pick as 1Q NP Hikes 56%
CHALCO (02600.HK) reported a 56% YoY increase in net profit to RMB5.527 billion for 1Q26, representing a 207% QoQ surge, in line with its earlier pre-announcement, Citi Research is...
Reset
Send
The window will close in 5 seconds
<Research>Citi Reiterates CHALCO (02600.HK) as Sector Top Pick as 1Q NP Hikes 56%
Close
Recommend
9
Positive
9
Negative
7
 
 

CHALCO (02600.HK)  +0.340 (+3.028%)    Short selling $29.99M; Ratio 14.578%   reported a 56% YoY increase in net profit to RMB5.527 billion for 1Q26, representing a 207% QoQ surge, in line with its earlier pre-announcement, Citi Research issued a research report saying.

Therefore, the broker kept rating at Buy on CHALCO's H-shares, with a target price of $15.94, based on a projected 2.81x 2026 PB ratio.

Related News M Stanley Updates Asia-Pacific Focus Stock List (Table)
Furthermore, Citi Research previously opened a 30-day positive catalyst watch on CHALCO, expecting that its Chairman and management would provide positive guidance during investor meetings.

The broker also believed that the market has underestimated the impact of aluminum supply disruptions resulting from the Iran conflict. CHALCO remains Citi Research's sector top pick.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 12:25.)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.