Aluminum Corporation of China Limited American Depositary Shares (ACH)

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BEIJING, CHINA, Aug 12, 2022 - (ACN Newswire) - Aluminum Corporation of China Limited ("Chalco" or the "Company")(NYSE: ACH; HKEx: 2600; SSE: 601600) today announced that it has notified the New York Stock Exchange ("NYSE") on August 12, 2022 (U.S. Eastern Time) of its proposed application for voluntary delisting of its American depositary shares (the "ADSs") from the NYSE and deregistration of such ADSs and the underlying overseas listed foreign shares (the "H Shares", with a par value of RMB1 each) under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"). Due to a number of considerations, including the limited trading volume of the ADSs of the Company as compared to the worldwide trading volume of H Shares of the Company, and the considerable administrative burden and costs associated with maintaining the listing of the ADSs on the NYSE and the registration of the ADSs and the underlying H Shares with the U.S. Securities and Exchange Commission (the "SEC") and complying with the periodic reporting and related obligations under the Exchange Act, the board of directors (the "Board") of the Company approved the delisting of the ADSs from the NYSE and the deregistration of the ADSs and underlying H Shares under the Exchange Act.

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If history is any guide, there may be good fortune ahead for shares of Aluminum Corp of China (NYSE:ACH). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

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If history is any guide, there may be trouble ahead for shares of Aluminum Corp of China (NYSE:ACH). A so-called "death cross" has formed on its chart and, not surprisingly, this...

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In addition to being essential to the construction industry, aluminum’s capacity to conduct heat and electricity makes it a popular choice for the electrical and electronics industries.

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