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Chalco drop 1% in Hong Kong stocks

Friday, Oct 22, 2010
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Oct. 22 (Bloomberg) -- Hong Kong stocks fluctuated, as commodity producers fell after a stronger dollar cut material prices, while exporters gained following a drop in U.S. jobless claims. Aluminum Corp. of China Ltd. slid 1 percent to HK$7.85.


Cnooc Ltd., ooc Ltd., China’s largest offshore oil producer, declined 0.8 percent and Jiangxi Copper Co., China’s No. 1 producer of the metal, dropped 1.8 percent.


Jiangxi Copper, China’s No. 1 producer of the metal, dropped 1.8 percent to HK$22.20, while Zhaojin Mining Industry Co., a miner based in China’s Shandong province, sank 1.7 percent to HK$23.85.

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