Aluminium Corporation of China Limited: Recent Market Activity and Shareholder Dynamics
Aluminium Corporation of China Limited (ticker 601600/02600) traded on the Hong Kong Stock Exchange closed at HKD 11.46 on 13 November 2025, a modest decline from its 52‑week high of HKD 12.16 reached on 12 November 2025. The stock remains far below the 52‑week low of HKD 3.66 set on 8 April 2025, underscoring a long‑term upward trend that has nevertheless been punctuated by short‑term volatility. At market capitalization of approximately HKD 207 billion, the company commands a price‑earnings ratio of 15.17, placing it in the middle range for peers in the metals and mining sector.
Intraday Price Movement
On 15 November 2025, the share fell more than 3 %, closing at HKD 11.07 with a trading volume of 8.65 billion HKD. The decline, roughly 3.4 %, reflected broader market weakness as the Shanghai Composite Index slipped toward the 3,990‑point plateau, while global sentiment remained cautious amid lingering interest‑rate concerns. The dip in Aluminium Corporation’s price was not isolated; several materials‑sector stocks experienced similar pressure on the day.
Shareholder Reduction Plans
In the latter half of November, the company announced plans for a reduction in shareholdings by senior management:
| Announcement | Date | Details |
|---|---|---|
| Director‑level reduction | 16 November 2025 | Deputy General Manager Jiang Tao intends to sell no more than 57,500 A‑shares (≈ 0.00034 % of outstanding shares) via concentrated auction from 8 December 2025 to 7 March 2026. The move is driven by personal liquidity needs and is limited to a quarter of his holdings. |
| Shareholder reduction | 17 November 2025 | Shareholder Jiang Tao plans to sell up to 57,500 shares (≈ 0.00034 % of total shares) between 8 December 2025 and 7 March 2026, again citing personal capital requirements. |
The disclosed plans involve a very small proportion of the total equity base, suggesting that the company’s capital structure remains largely intact. However, market observers have historically noted that announcements of any share reduction can trigger short‑term price pressure, as was evident in the 3.4 % decline observed on 15 November.
Forward Outlook
Given the company’s robust asset base, diversified product portfolio—including aluminium, bauxite, and coal mining operations—and its continued presence in a growing global demand for aluminium in construction, electric vehicles, and renewable energy infrastructure, the long‑term fundamentals appear sound. The modest P/E ratio relative to sector peers suggests that the market may still undervalue the company’s intrinsic growth prospects.
From a strategic standpoint, the company’s ongoing expansion into logistics and related services complements its core metallurgical operations, potentially buffering revenue volatility in commodity‑sensitive periods. The shareholder reduction plans, being limited in scope, are unlikely to materially dilute existing ownership or alter corporate governance dynamics.
In summary, Aluminium Corporation of China Limited’s recent trading activity reflects short‑term market sentiment rather than a fundamental shift. The company’s solid market capitalization, moderate valuation, and diversified operational footprint position it favorably to capitalize on rising demand for aluminium in technology, infrastructure, and clean‑energy sectors over the coming years.
