Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?

The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.

wallstreetcnJun 19 07:52 ET

Building materials and cement stocks are weak. Shanshui Cement (00691) fell by 12.16%, restricted by rainy weather and tight funds. Cement demand remains low.

Jingu finance news | Building materials and cement stocks are weak, with Shanshui Cement (00691) falling by 12.16%, Dongwu Cement (00695) falling by 5.7%, CR Building Materials Technology (01313) falling by 3.55%, China National Building Material (03323) falling by 2.51%, and BBMG Corporation (02009) falling by 1.52%. According to data cited by Minsheng Securities, demand remained low due to rainy weather and tight funding. As for prices, as of May 31, the cement price index was 113.82, up 2.5% from the previous week but down 10.1% year-on-year. As for shipments, heavy rain in South China and its surrounding areas continued to affect major engineering projects.

金吾財訊Jun 5 01:41 ET

China Shanshui Cement AGM Approves Key Resolutions

TipRanksJun 2 07:07 ET

Shanshui Cement Announces Board Structure

TipRanksJun 2 07:07 ET

Strong Week for China Shanshui Cement Group (HKG:691) Shareholders Doesn't Alleviate Pain of Five-year Loss

It is doubtless a positive to see that the China Shanshui Cement Group Limited (HKG:691) share price has gained some 50% in the last three months. But will that heal all the wounds inflicted over 5

Simply Wall StMay 31 18:13 ET

Huatai Securities: Optimistic about carbon reduction and transformation or speeding up the concentration of building materials

The bank believes that the release of this action plan is expected to strengthen the regulation of production capacity in the building materials industry, promote the implementation of energy-saving transformation in the building materials and construction industry, and accelerate the integration of photovoltaics in buildings and the construction of large scenic bases. It is recommended to focus on companies related to cement, engineering transformation, and power engineering.

Zhitong FinanceMay 30 20:11 ET