Aluminum Corporation of China Ltd., the nation’s biggest producer of the metal, rose the most in almost eight months after saying it expects to report a profit for 2010, compared with a loss a year earlier.
The stock climbed 5.5 percent, the most since May 2010, to close at HK$7.51 in Hong Kong. The benchmark Hang Seng Index was barely changed at 24,153.98.
The aluminum producer expects to have turned to profit last year on increased market prices, sales volumes and cost reductions, it said yesterday in a statement, without providing profit figures.
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