00581 CHINA ORIENTAL
- 1.050
- +0.020+1.94%
CHINA ORIENTAL News
World Steel Association: In January 2024, global crude steel production was 161.2 million tons, down 4.3% year on year
On April 23, the World Steel Association announced the global crude steel production volume for March 2024.
China Steel Association: In early April, according to key statistics, the daily crude steel production of steel companies declined by 2.11,1800 tons year-on-year
On April 17, according to the China Iron and Steel Association, in early April 2024, key statistics steel companies produced a total of 21.1117,700 tons of crude steel, 19.646 million tons of pig iron, and 197532 million tons of steel.
Hong Kong Stock Concept Tracking | Improving industry fundamentals, steel may be undergoing a revaluation (with concept stocks)
The reporter learned from the Ministry of Industry and Information Technology that the Raw Materials Industry Department of the Ministry of Industry and Information Technology convened a conference with more than 10 leading steel enterprise groups, including Baowu Group and Angang Steel Group. The conference will comprehensively understand the production and operation situation of the steel industry, thoroughly analyze the difficulties and underlying causes facing current industry development, and better promote the smooth operation and healthy development of the steel industry to facilitate subsequent formulation of relevant policies. Orient Securities believes that from “removal of production capacity” to “removal of production volume,” supply rigidity is gradually forming in the steel industry. Combined with policy support, the steel industry is facing a new round of mergers and restructuring. It is expected that in the future, supply in China's steel industry may be more orderly. Industry fundamentals
Changes in Hong Kong stocks | China Oriental Group (00581) rose more than 10%. Institutions believe that the steel industry is booming at a historical bottom, and industry profits are expected to gradually recover
The Zhitong Finance App learned that China Oriental Group (00581) rose by more than 10% and rose 10.58% at press time to HK$1.15, with a turnover of HK$7.37 million. According to the news, the reporter learned from the Ministry of Industry and Information Technology that the Raw Materials Industry Department of the Ministry of Industry and Information Technology plans to convene a meeting this morning with more than 10 leading steel enterprise groups, including Baowu Group and Angang Steel Group. The conference will comprehensively understand the production and operation situation of the steel industry, thoroughly analyze the difficulties and deep-seated reasons facing the current development of the industry, and better promote the smooth operation and healthy development of the steel industry to facilitate subsequent formulation of relevant policies. CICC said that the current steel industry
CHINA ORIENTAL To Go Ex-Dividend On July 11th, 2024 With 0.05 HKD Special Dividend Per Share
March 29th - $CHINA ORIENTAL(00581.HK)$ is trading ex-dividend on July 11th, 2024. Shareholders of record on July 12th, 2024 will receive 0.05 HKD special dividend per share on August 20th, 2024.
China Oriental Group (HKG:581 Shareholders Incur Further Losses as Stock Declines 11% This Week, Taking Five-year Losses to 70%
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. It hits us in the gut when we see fellow investors suffer a loss. For example, we sympathize with any
Changes in Hong Kong stocks | China Oriental Group (00581) fell by more than 10%, and the average unit price of steel products fell sharply, and the company lost 160 million yuan in 23, a year-on-year profit and loss
China Oriental Group (00581) fell by more than 10%, down 13.91% at press time, to HK$0.99, with a turnover of HK$2.95 million.
China Oriental Group (00581.HK)'s revenue in 2023 was about 46.26 billion yuan, a year-on-year decrease of about 4.9%
Gelonghui, March 27 | China Oriental Group (00581.HK) announced that the Group recorded revenue of approximately RMB 46.26 billion in 2023, a decrease of about 4.9% compared to last year. Compared with 2022, the average sales unit price of self-produced steel products fell 10.5% to about RMB 3,557 per ton, while gross profit decreased by about 67.4% to approximately RMB 387 million. The Group's overall net loss was approximately RMB 196 million, down about 124.2% from last year's net profit of approximately RMB 811 million. Profit before interest, tax, depreciation and amortization was approximately RMB 23 from last year.
China Oriental Group (00581) Announces Annual Results Shareholders' Losses of 160 Million Yuan Year Over Year
China Oriental Group (00581) announced its 2023 annual results. The group achieved revenue of 46.26 billion yuan during the period...
China Oriental Group (00581) will pay a special dividend of HK$0.05 per share on August 20
China Oriental Group (00581) announced that the company will distribute until 2023 on August 20, 2024...
CHINA ORIENTAL: ANNOUNCEMENT OF 2023 ANNUAL RESULTS
CHINA ORIENTAL: AUDITED CONSOLIDATED FINANCIAL RESULTS OF QINGDAO HUIJINTONG POWER EQUIPMENT CO., LTD.* FOR THE YEAR ENDED 31 DECEMBER 2023
China Oriental Group (00581.HK) held a board meeting on March 27 to consider and approve annual results
Glonghui, March 14, 丨 China Oriental Group (00581.HK) announced that the company will hold a board meeting on March 27, 2024 (Wednesday) to consider and approve the annual results of the company and its subsidiaries for the year ended 31 December 2023, and to consider the proposal to pay a final dividend (if any).
中國東方集團：董事局會議通告
China Steel Association: In early March, key statistics showed that steel companies' crude steel production of 2,058,000 tons per day fell 3.38% month-on-month
According to the China Steel Association, in early March 2024, according to key statistics, steel companies produced a total of 205.77,800 tons of crude steel, 18.4.376 million tons of pig iron, and 19.2762 million tons of steel.
China Steel Association: In late February, key statistics showed that steel companies' crude steel production of 2.13 million tons per day increased 1.38% month-on-month
The China Iron and Steel Association issued a document stating that in late February 2024, key statistics on steel companies produced a total of 19.1696 million tons of crude steel, 16.9.09 million tons of pig iron, and 18.5848 million tons of steel.
Trade Volume, Prices Trending Upward in China's Carbon Trading Market
The country's carbon trading market, which was launched in July 2021, has registered increases in both trade volume and price, according to Zhao Yingmin, vice-minister of ecology and environment.
World Steel Association: In January 2024, global crude steel production was 148.1 million tons, down 1.6% year on year
According to the data, in January 2024, the world's crude steel production in 71 countries included in the World Steel Association statistics was 148.1 million tons, a year-on-year decrease of 1.6%.
Huafu Securities: Real estate drag is gradually easing, and total steel demand is expected to grow steadily in '24
The Zhitong Finance App learned that Huafu Securities released a research report saying that in 2023, China's crude steel production will be about 1,019 billion tons, which is basically the same as the previous year.
Changes in Hong Kong stocks | Steel stocks continue to decline, steel fundamentals, weak supply and demand, and raw material prices are under pressure
Steel stocks continued to decline. As of press release, Chongqing Iron & Steel (01053) fell 8.7% to HK$0.63; Angang Steel (00347) fell 6.11% to HK$1.23; and Ma On Shan Steel (00323) fell 2.68% to HK$1.09.
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