CONCH CEMENT News

Trending Industry Today: CR BLDG MAT TEC Leads Gains In Building Materials Stocks

Moomoo NewsMar 17 02:20 ET

【Brokerage Focus】CITIC: If peak season demand returns to normal, Cement prices are expected to continue rising.

Jin Guo Finance News | The Research Reports from CICC indicate that the Premier of the State Council mentioned in the new government work report that this year's deficit-to-GDP ratio will rise to 4%. It is expected to issue a total of 1.3 trillion yuan in ultra-long-term special national Bonds and 4.4 trillion yuan in local government special Bonds. As temperatures rise, funding is in place, and seasonal factors improve, the actual commencement of infrastructure construction is expected to increase, leading to a narrowing of the demand decline for Cement and Steel. The institution stated that last year there was fierce price competition for Fiberglass and Cement, and since the second half of last year, improvements in supply conditions have led to a rebound in prices, which have continued to rise since the first quarter of this year.

King Wu Financial NewsMar 17 00:21 ET

Cailian Press Venture Capital: In February, the financing in the Carbon Neutrality sector reached 1.835 billion yuan, an increase of 13.98% month-on-month. New Stoneware completed 1 billion yuan in Series C+ financing.

According to data from the financial news agency Venture Capital Tong, in February, there were a total of 52 private equity investment events in the Carbon Neutrality sector, a decrease of 24.64% compared to last month's 69 events; The total disclosed financing amount was approximately 1.835 billion yuan, an increase of 13.98% compared to last month's 1.61 billion yuan.

cls.cnMar 16 21:38 ET

CONCH CEMENT (600585.SH) appointed Yu Shui as the General Counsel and Chief Compliance Officer.

CONCH CEMENT (600585.SH) announces that in order to meet the company's compliance management needs, according to the compensation and proposal from the Board of Directors...

Zhitong FinanceMar 14 05:07 ET

CONCH CEMENT (600585.SH): No cooperation has yet been established with Deepseek in the AI data aspect of the Industry.

On March 14, Gelonghui reported that CONCH CEMENT (600585.SH) stated on the interactive platform that the company has not yet established cooperation with Deepseek regarding AI data in the cement Industry. At this stage, the company is cooperating with Huawei to develop a large AI model for the cement Industry, focusing on promoting the iterative upgrade of smart factory technology. They have initiated the construction and application of AI large model scenarios and have established a centralized AI training center, utilizing capabilities from visual, prediction, and NLP models to create application scenarios in safety, production, quality, and equipment.

Gelonghui FinanceMar 14 04:58 ET

China Conch Venture Announces Upcoming Board Meeting for Anhui Conch Cement

TipRanksMar 12 06:38 ET

Anhui Conch Cement Schedules Board Meeting to Review 2024 Financials

TipRanksMar 12 05:13 ET

CONCH CEMENT: NOTICE OF BOARD MEETING

HKEXMar 12 04:43 ET · Announcements

[Brokerage Focus] CITIC SEC indicates that the domestic Business in the Cement Industry is under pressure, while the overseas Business has become a key support for performance growth.

Jinwu Financial News | CITIC SEC stated that according to Cement Network, in 2024, China's cement production capacity will reach approximately 2.561 billion tons, while the output will only be 1.825 billion tons, marking a new low since 2010, with a capacity utilization rate of only 71.24%. The bank indicated that the domestic Cement Industry is facing the challenge of weak downstream demand, with increasingly fierce market competition and corresponding continuous decline in cement prices. Many cement enterprises are focusing their attention overseas, with Southeast Asia and Africa being popular destinations for these companies. The demand in Africa has significant growth potential, and the number of participants is relatively small, as well as higher global cement prices; Southeast Asia is the largest sea.

Jingu Financial NewsMar 5 19:58 ET

CITIC SEC: It is the right time for Cement to go global, and domestic companies are expected to increase market share due to strong cost advantages.

CITIC SEC released a Research Report stating that the domestic Cement Industry is facing challenges from weak downstream demand, with market competition becoming increasingly intense, and Cement prices continuously declining.

Zhitong FinanceMar 5 19:38 ET

An Intrinsic Calculation For Anhui Conch Cement Company Limited (HKG:914) Suggests It's 25% Undervalued

Simply Wall StMar 2 20:10 ET

Citigroup: Demand for Thermal Coal is nearing its peak, and it is expected that coal prices will decline in the next two years.

If there are no supply constraints, spot coal prices could drop to the level of long-term benchmark contract prices.

Zhitong FinanceFeb 27 04:36 ET

Hong Kong stocks movement | Cement stocks have widened their gains in the afternoon as cement companies in some regions have notified price increases. Capacity restriction policies are officially entering the implementation phase.

The cement stocks' gains expanded in the afternoon. As of the time of this report, CONCH CEMENT (00914) rose by 5.07%, selling at HKD 20.95; Huaxin Cement (06655) increased by 4.39%, priced at HKD 7.83; CR BLDG MAT TEC (01313) was up by 3.87%, at HKD 1.61; and WESTCHINACEMENT (02233) gained 3.05%, trading at HKD 1.69.

Zhitong FinanceFeb 27 01:18 ET

Hong Kong stock Concept tracking | Cement prices are being notified to increase in multiple regions, and the undervalued building materials Sector is expected to see a profit recovery (including Concept stocks).

After the Lantern Festival, with the rise in temperature and the gradual resumption of construction sites, some cement companies in certain regions have announced a price increase.

Zhitong FinanceFeb 25 20:20 ET

China Conch's 2025 EGM Approves Renewed Framework With Conch Cement

TipRanksFeb 19 05:37 ET

Finance Associated Press Venture Capital: In January, financing in the Carbon Neutrality sector totaled 1.61 billion yuan, a decrease of 95.03% month-on-month. Li Chuang Autos Electronics completed its first round of financing of nearly 0.5 billion yuan.

According to data from the China Finance Association's Venture Capital platform, in January, there were a total of 69 private equity investment events in the domestic Carbon Neutrality sector, a decrease of 28.13% from 96 events last month; The total disclosed financing amounted to approximately 1.61 billion yuan, down 95.03% from 32.404 billion yuan last month.

cls.cnFeb 13 22:37 ET

Is Anhui Conch Cement (HKG:914) Using Too Much Debt?

Simply Wall StFeb 12 18:24 ET

CICC's outlook for the construction Industry in 2025: Seeking stability and progress.

Focus on the centrally-owned construction enterprises with relatively stable fundamentals, which benefit from the new regulations on debt reduction and Market Cap management.

Zhitong FinanceFeb 11 21:21 ET

Anhui Conch Cement, China West Construction Mutually Terminate Share Subscription Deal

MT NewswiresFeb 6 00:27 ET

After three years of planning, the leading Cement company in the A-share market has changed its decision! Subscription has been terminated.

The market environment has undergone a "great change".

Gelonghui FinanceFeb 5 21:49 ET