00743 ASIA CEMENT CH
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ASIA CEMENT CH News
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.
Hong Kong stock market fluctuation | Cement stocks continue recent decline, cement sales difficult to improve, it is expected that cement sales will still show a downward trend year-on-year for the whole year.
According to the Zhītōng Cáijīng APP, cement stocks have continued to decline recently. As of this writing, CR Building Materials Technology (01313) has fallen 3.76%, to HKD 1.28; Dongwu Cement (00695) has fallen 4.29%, to HKD 1.56; Asia Cement (00743) has fallen 2.43%, to HKD 2.81; and China National Building Material (CNBM, 03323) has fallen 1.39%, to HKD 2.84. On the news front, according to Digital Cement Network, from mid-to-late May, the country's cement industry ushered in the second large-scale price hike of the year. At present, the landing execution of most regions in this round of price hikes is good, and sales have remained stable. However,
Asia Cement (China) (00743.HK) will distribute a final dividend of HK$0.041 per share.
Asia Cement (China) (00743.HK) announced that it will distribute a final dividend of RMB 0.041 per share for the year ending December 31, 2023, which was approved by the shareholders at the annual general meeting. The final dividend will be paid to shareholders on the company's register as of the close of business on July 12, 2024.
ASIA CEMENT CH: POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON FRIDAY 7 JUNE 2024 AND DECLARATION OF FINAL DIVIDEND
Express News | Shares of Asia Cement Set to Open Down 11.1% After Majority Owner Offers to Take Company Private at Discount
Asia Cement (China) (00743) received a discount of approximately 3.01% from its controlling shareholder for privatization and resumed trading on June 6th.
Asia Cement (China) (00743) announced that its shares will resume trading at 9:00 a.m. on June 6, 2024.
Express News | HKEX - Trading in Shares of Asia Cement Holdings Corporation Will Be Resumed on June 6
Express News | Asia Cement (China) - Application Made for Resumption of Trading in Shares From 6 June
Express News | Asia Cement (China) - Offer for HK$3.22 in Cash for Each Scheme Share
Express News | Asia Cement (China) - Proposed Privatisation of- Asia Cement (China) Holdings
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.
What Asia Cement (China) Holdings Corporation's (HKG:743) 73% Share Price Gain Is Not Telling You
Asia Cement (China) Holdings Corporation (HKG:743) shareholders would be excited to see that the share price has had a great month, posting a 73% gain and recovering from prior weakness. But the ga
Singapore Widens Its Pool of Carbon Credits to Offset Emissions
Companies in Singapore can tap a larger pool of carbon credits to offset up to 5% of their taxable emissions after the city-state signed a bilateral agreement with Ghana.
Asia Cement (China) (00743) suspended trading for a short time in the intraday session on the afternoon of May 28
According to the Zhitong Finance App, Asia Cement (China) (00743) announced that trading was suspended for a short time from 3:31 p.m. on May 28, 2024.
Changes in Hong Kong stocks | Asian cement (00743) sales surged by more than 45%, and cement price increases are expected to continue for the rest of the year and demand may recover
The Zhitong Finance App learned that the volume of Asian Cement (China) (00743) surged by more than 45% in the afternoon. As of press release, it had risen 37.15% to HK$3.46, with a turnover of HK$139 million.
Hong Kong Stock Concept Tracking | Cement Prices Rise, Building Materials Industry Value Revaluation (with concept stocks)
Since May, cement prices have risen in Northeast China, Central China, South China, and Southwest China. As of last Friday, the average price of cement nationwide reached 372 yuan/ton, up about 12 yuan from the beginning of the month, a record high since the second quarter.
Changes in Hong Kong stocks | Cement stocks collectively adopt high-tech national standards to help cement price increases, supply pressure on the industry is expected to ease
The Zhitong Finance App learned that cement stocks rose collectively. As of press release, Asia Cement (China) (00743) rose 17.57% to HK$2.61; China Resources Building Materials Technology (01313) rose 4.73% to HK$1.55; Conch Cement (00914) rose 2.91% to HK$20.15; Huaxin Cement (06655) rose 2.48% to HK$8.25; China Building Materials (03323) rose 1.51% to HK$3.36. According to the news, recently, the range of price increases in the domestic cement market has continued to expand. Last week, East China announced the prices of cement and clinker
SDIC Securities: The new real estate policy goes hand in hand, and the collection and storage of state-owned assets is expected to accelerate and continue to be optimistic about the performance of building materials in the good production chain
The real estate industry has ushered in major favorable policies. Purchase restrictions have been relaxed in many places, and mortgage relaxation policies have exceeded expectations. Trade-in and state-owned assets collection and storage are expected to accelerate. The sales side and financing side are taking multiple measures together to help the building materials industry recover demand and improve repayments, and priority benefits for consumer building materials in the real estate chain.
Guoxin Securities: Building materials valuations and holdings are all in a position to focus on expected sectors and individual stock recovery opportunities
Guoxin Securities released a research report saying that the Politburo meeting set the policy direction of “resolving stocks and optimizing incremental growth”. Mainstream cities have successively optimized purchase restriction policies, which are expected to reverse pessimistic real estate expectations to a certain extent. Currently, fundamentals have not improved significantly, and market confidence will take time to recover. Subsequent support policies are still expected to be further strengthened. The valuations and positions of the building materials sector are at a low level. Concerned about the valuation repair opportunities of leading consumer building materials and some individual stocks that have surpassed the decline.
Changes in Hong Kong stocks | Cement stocks generally rose today in April, cement prices rose in many provinces and cities, and favorable real estate policies continued to be introduced
Cement stocks generally rose today. As of press release, China Resources Building Materials Technology (01313) rose 5.34% to HK$1.38; China Building Materials (03323) rose 4.81% to HK$3.05; and Asia Cement (00743) rose 3.48% to HK$2.08.
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