Tianrui Group Cement Controlling Shareholder Discloses Forced Sale of Shares
China Tianrui Group Cement (HKG:1252) said 133.09 million shares held by the margin securities accounts of Yu Kuo, a controlling shareholder, were "forcibly sold" on April 9 due to an unusual price dr
The Company That Lost 99% of Its Value Now Has an Explanation - a Margin Call
By Steve Goldstein China Tianrui Group Cement last week saw its stock drop 99%, and then didn't tell investors why for more than a week. Now, the company has an explanation - or at least part of one
Some of the company's shares held by the controlling shareholder of China Tianrui Cement (01252) were forcibly sold and trading continued to be suspended
China Tianrui Cement (01252) announced that the shares of the company concerned were temporarily suspended from trading on the Stock Exchange. According to Yu Kuo Co., Ltd...
China Tianrui Cement (01252) is suspected to have been maliciously shorted, and the biggest reason may be the exhaustion of liquidity in Hong Kong stocks
On April 9, the stock price of China Tianrui Cement (1252.HK) fell 90% at the end of the session. The total market value evaporated from over HK$14 billion to only HK$140 million remaining. The net market ratio fell directly to 0.01 percent lower than the industry average. This 10 billion cement giant, a subsidiary of China's top 500 companies, is suspected of being maliciously shorted. The trading volume of 200,000 shares alone triggered a 30% drop. Because it had already triggered stop-loss positions with many brokerage firms, each brokerage firm closed their positions one after another, creating a “stomping effect”, and its stock price hit HK$0.1 within the next 5 minutes. As of press release, the company had issued a brief suspension notice before the market, and the relevant staff list
This Stock Lost 99% of Its Value, and the Company Still Hasn't Said Why
By Steve Goldstein You don't need to be a technical analyst to know this chart isn't good. China Tianrui Group Cement (HK:1252) had its stock plunge 99% late on Tuesday, on no corporate news announc
Thrilling! After the collapse, individual Hong Kong stocks surged close to 750%. Some investors chanted “cut the bottom”
Read the bottom carefully
Behind the 90% drop of China Tianrui Cement, it is suspected that it was maliciously shorted. Relevant personnel said that the company's production and operation were normal
Yesterday, China Tianrui Cement (1252.HK) dived at the end of the game. It is suspected that it was sniped and maliciously shorted. A small amount of capital crashed 25 minutes before closing yesterday. Due to poor liquidity in Hong Kong stocks, the sale of 200,000 shares alone triggered a “stampede”. As a result, the stock price fell by more than 90%, the market value of 10 billion dollars instantly evaporated, and the net market ratio (PB) of only 0.01 was far below the industry average. The company issued a brief suspension notice before the market. Relevant staff said that the company's production and operation were normal. China Tianrui Cement is mainly engaged in the mining and utilization of limestone and the production and sale of building materials products such as clinker, cement, and construction aggregates. After nearly 30 years of release
Changes in Hong Kong stocks | Yesterday, individual stocks rebounded violently in early trading. Hosen Fintech (03848) once surged 730%, Shengneng Group (02459) rose more than 80%
The three stocks were suddenly laundered at the end of the market yesterday, and a sharp collapse trend occurred at the same time. Today, China Tianrun Cement (01252) announced the suspension of trading, and Haosen Fintech (03848) and Shengneng Group (02459) rebounded violently during the intraday period. As of press release, Haosen Fintech rose 541.51% to HK$3.4; Shengneng Group rose 35.71% to HK$2.85.
Trading of China Tianrui Cement (01252) will be suspended for a short time from 9:00 a.m. on April 10
According to the Zhitong Finance App, China Tianrui Cement (01252) announced that trading will be suspended for a short time from 9:00 a.m. on April 10, 2024, pending publication of inside information.
The stock price of Haosen Fintech (03848) plummeted 90%, drawing attention to the reshuffle of the microfinance industry
Jinwu Financial News | On April 9, China Tianrui Cement (01252) also experienced the same sharp decline, and Haosen Fintech (03848) had the same fate. The stock price fluctuated sharply at the end of the session, and its volume plummeted by more than 90%. The final closing price was HK$0.53, a single-day decline of 90.96%, and the total market value of the company fell below the HK$100 million mark. This sudden collapse in stock prices caused today's turnover to surged to HK$673,300, in stark contrast to the previous trading volume. Haosen Fintech, formerly known as “Fudao Group”, mainly covers microfinance and loan services, providing financial leasing services to Chinese customers
China Tianrui Cement (01252) stock price plummeted 99%, testing investor confidence
Jinwu Financial News | On April 9, the Hong Kong stock China Tianrui Cement (01252) experienced an astonishing sharp drop in stock prices during the late trading session. The company's stock price suddenly dived from the HK$5 level and fell to a record low of HK$0.035 in just 25 minutes. The final closing price was HK$0.048, a drop of 99.04%. The market value evaporated to HK$14.548 billion, leaving only HK$141 million. This sharp fluctuation has attracted widespread attention in the capital market. China Tianrui Cement is a cement manufacturer listed on the main board of Hong Kong. Its products are widely used in many national key projects, such as south-to-north water transfer
Huatai Securities: Demand starts slowly after the cement festival than the industry's losses or phased expansion in previous years
Due to the lower price starting point before the Spring Festival and slower price recovery after the holiday season than in previous years, it is expected that most cement companies' profits in 1Q24 will decline the same or month-on-month, and the industry's losses may expand.
China Tianrui Cement (01252) announced annual results. Shareholders should have accounted for losses of 634 million yuan in year-on-year profit and loss
China Tianrui Cement (01252) announced its annual results for the year ended December 31, 2023, and the group made profits...
CHINA TIANRUI: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
CHINA TIANRUI: CHANGE OF DATE OF BOARD MEETING
China Tianrui Cement (01252.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui, March 18, 丨 China Tianrui Cement (01252.HK) announced that the board meeting will be held on March 28, 2024 to consider and approve the Group's annual results and publication for the year ended December 31, 2023, and consider the final dividend proposal (if any).
CHINA TIANRUI: DATE OF BOARD MEETING
There Are Reasons To Feel Uneasy About China Tianrui Group Cement's (HKG:1252) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. In a perfect world, we'd like to see a company investing more cap
China Tightens Rules on Polluters Before Carbon Market Expansion
China toughened rules for industrial polluters participating in its national carbon market, including larger fines for entities found to be falsifying data on emissions reductions.
Shareholders 16% Loss in China Tianrui Group Cement (HKG:1252) Partly Attributable to the Company's Decline in Earnings Over Past Three Years
China Tianrui Group Cement Company Limited (HKG:1252) shareholders should be happy to see the share price up 16% in the last month. If you look at the last three years, the stock price is down. Bu
No Data