Are Steel stocks expected to stage a major reversal? Goldman Sachs: China State Construction Engineering Corporation's activity is showing preliminary signs of recovery, and steel demand is expected to rebound.

① Goldman Sachs stated that as the China State Construction Engineering Corporation activity shows preliminary signs of improvement, it could boost the prices of Steel and other CSI Commodity Equity Index. ② The Chinese government's work report emphasizes Real Estate efforts, proposing goals such as "stabilizing the Real Estate and stock markets" and "promoting the healthy development of the Real Estate and stock markets with greater efforts." ③ According to Goldman Sachs data, demand for CSI Commodity Equity Index related to infrastructure construction has slightly increased for the first time in three years, predicting that China may reduce Steel production by about 50 million tons to restore profitability.

cls.cnMar 14 05:19 ET

Goldman Sachs: China's infrastructure construction activities are beginning to recover, which may boost CSI Commodity Equity Index demand.

Goldman Sachs pointed out that China's infrastructure construction activities are starting to recover, which may drive demand growth for CSI Commodity Equity Index commodities such as Steel, Cement, and Copper. Analysts such as Trina Chen noted in the report that recent inspections "initially confirm our bullish expectations for construction demand in China in 2025." Goldman Sachs still prefers Cement, Copper, and Bauxite, and is gradually bullish on Steel and Aluminum.

Global Market ReportMar 13 23:58 ET

GF SEC: The explosive demand for computing power and the dual drive of new Infrastructure policies are pushing IDC's prosperity upwards, with multiple points of bloom in the Industry Chain of construction enterprises.

IDC serves as the data foundation for the Industry, with significant differences in value across the upstream, midstream, and downstream of the Industry Chain. Construction companies are widely involved in the full Industry Chain of IDC.

Zhitong FinanceMar 13 04:19 ET

Citigroup: Maintains CHINA STATE CON (03311) 'Buy' rating, Target Price 14.5 HKD.

China Orient, one of the four major state-owned Asset Management companies in China, subscribed to the placement shares of China State Construction Engineering Corporation, already holding 3.56% of the company's equity before the subscription, and after completing the Trade, its holdings have expanded to 8.02% of the enlarged share capital.

Zhitong FinanceMar 12 22:13 ET

CHINA STATE CON (03311.HK) plans to hold a Board of Directors meeting on March 21 to approve the annual performance.

Gelonghui reported on March 11 that CHINA STATE CON (03311.HK) announced that a board meeting will be held on March 21, 2025 (Friday) to approve the performance of the company and its subsidiaries for the year ending December 31, 2024 and its release, as well as to consider the proposal for a final dividend (if any).

Gelonghui FinanceMar 11 09:07 ET

China State Construction Engineering Corporation (601668.SH): China State Construction Group has cumulatively increased its shareholding by 0.27% in A-shares.

Gelonghui reported on March 11 that China State Construction Engineering Corporation (601668.SH) announced that as of the date of this announcement, the group has cumulatively increased its Shareholding in the company by 109,900,588 shares of A-shares, accounting for approximately 0.27% of the company's total share capital, corresponding to a total increase amount of about 610,710,613.04 yuan (excluding tax). The group holds 23,841,442,525 A-shares in the company, accounting for about 57.70% of the company's total issued share capital.

Gelonghui FinanceMar 11 07:08 ET

CSC DEVELOPMENT (00830.HK) held a board meeting on March 17 to approve the annual performance.

Gelonghui, March 3rd丨CSC DEVELOPMENT (00830.HK) announced that the board meeting will be held on March 17, 2025 (Monday) to approve the annual performance and its release for the year ending December 31, 2024, and to consider the proposal for the distribution of the final dividend (if any).

Gelonghui FinanceMar 3 03:35 ET

Express News | China State Construction Engineering Says It Wins Major Projects Totalling 10.7 Bln Yuan

ReutersFeb 27 05:25 ET

China State Construction Engineering Corporation Limited's (SHSE:601668) Largest Shareholders Are Private Companies With 58% Ownership, Individual Investors Own 30%

Simply Wall StFeb 23 20:24 ET

Briefing on the business situation of China Construction in January 2025

SZSIFeb 21 11:00 ET · Announcements

Express News | China State Construction Engineering Says Jan New Contracts Totalled 392.5 Bln Yuan, up 3.9% Y/Y

ReutersFeb 21 05:04 ET

In January, China State Construction Engineering Corporation (601668.SH) signed new contracts totaling 392.5 billion yuan, a year-on-year increase of 3.9%.

China State Construction Engineering Corporation (601668.SH) announced that in January 2025, the total amount of new contracts signed by the company was 392.5 billion yuan...

Zhitong FinanceFeb 21 04:58 ET

China State Construction Engineering Corporation (601668.SH): China State Construction Group has cumulatively increased its shareholding of A-shares by 0.26%.

Glory Financial, February 11 - China State Construction Engineering Corporation (601668.SH) announced that between January 16, 2025, and February 11, 2025, China State Construction Holdings increased its shareholding in the company by a total of 97,900,588 A-shares through the centralized bidding trading method on the Shanghai Exchange, accounting for approximately 0.24% of the company's total share capital, corresponding to an increase in investment of about 544,253,192.04 yuan (excluding taxes). As of the date of this announcement, China State Construction Holdings has cumulatively increased its shareholding in the company by 107,900,588 A-shares, accounting for approximately 0.26% of the company's total share capital, corresponding to a total increase.

Gelonghui FinanceFeb 11 06:15 ET

The Market Doesn't Like What It Sees From China State Construction Engineering Corporation Limited's (SHSE:601668) Earnings Yet

Simply Wall StJan 27 21:56 ET

Express News | Meraas Awarded a Construction Contract to China State Construction Engineering Corporation (Middle East) - Dubai Media Office

ReutersJan 27 07:12 ET

Briefing on the business situation of China Construction from January to December 2024

SZSIJan 21 11:00 ET · Announcements

Express News | China State Construction Engineering Says 2024 Contracts Totalled 4.5 Trln Yuan, up 4.1% Y/Y

ReutersJan 21 08:31 ET

From January to December, China State Construction Engineering Corporation (601668.SH) had a total of 4.5 trillion yuan in new signed contracts, representing a year-on-year growth of 4.1%.

China State Construction Engineering Corporation (601668.SH) announced that the total amount of newly signed contracts for the period from January to December 2024 is 4.5 trillion...

Zhitong FinanceJan 21 06:31 ET

China State Construction Engineering Corporation (601668.SH) Shareholder increased its shareholding of the company by 10 million A-shares.

China State Construction Engineering Corporation (601668.SH) announced that its controlling shareholder, China State Construction Group, on January 15, 2025...

Zhitong FinanceJan 15 06:03 ET

China State Construction Engineering Corporation (601668.SH): The shareholding ratio of China State Construction Group has increased cumulatively to 1%.

On January 8, Glonghui reported that China State Construction Engineering Corporation (601668.SH) announced that on January 8, 2025, it received a notification from its controlling shareholder, China State Construction Group Co., Ltd. (hereinafter referred to as "China State Construction Group"), stating that due to the repurchase and cancellation of part of the fourth phase of A-shares' restricted stock and other matters, the shares held by China State Construction Group have cumulatively increased to 1% of the company's total share capital. After this equity change, the total share capital of the company is 41,320,390,444 shares, and China State Construction Group holds 23,731,541,937 shares, accounting for 57.43% of the company's total share capital.

Gelonghui FinanceJan 8 05:15 ET