AHCHY ANHUI CONCH CEMENT
- 14.170
- -0.390-2.68%
ANHUI CONCH CEMENT News
Trending Industry Today: YANKUANG ENERGY Leads Gains In Carbon Neutral Stocks
Earnings Not Telling The Story For Anhui Conch Cement Company Limited (HKG:914) After Shares Rise 31%
Express News | JPMorgan Chase & Co's Long Position in H Shares of Anhui Conch Cement Decreases to 5.78% on Oct 3 From 6.67% - HKEX
Jefferies Financial is bullish on the bulk building materials market, significantly raising the target prices of Chinahongqiao (01378) and CNBM (03323), among others.
Jefferies Financial is bullish on the Chinese bulk building materials market, raising the target prices of related symbols.
Trending Industry Today: CNBM Leads Losses In Building Materials Stocks
Major bank rating | Jefferies Financial: Raised target price for Chinese cement stocks, supply restrictions bring more sustainable price increases
Jefferies Financial's report states that the mainland's stimulus measures announced at the end of last month were surprising. The bank believes that this round of quantitative easing is sustainable and will help reverse demand. Most commodities have good destocking situations before the peak season, and it is expected that demand in the fourth quarter will improve year-on-year, as the base in the fourth quarter is low, such as cement. The bank is most bullish on cement in the fourth quarter, as more convincing evidence indicates that supply constraints will lead to more sustainable price increases. The bank states that under the stimulus plan, it is positive about all commodities in the fourth quarter, with preferences in the following order: cement, aluminum, copper, iron, and lastly coal. The bank
Citi Research: Upgraded conch cement (00914) and CRC (01313) to a "buy" rating, raising the target price for Chinese cement stocks.
Furui stated that under the stimulus plan, all commodities felt positive in the fourth quarter, with preferences in the following order: cement, aluminum, copper, iron, and lastly coal.
Trending Industry Today: CHINA VANKE Leads Losses In Greater Bay Area Stocks
Trending Industry Today: BBMG Leads Losses In Building Materials Stocks
Anhui Conch Cement's (HKG:914) Earnings Trajectory Could Turn Positive as the Stock Pops 14% This Past Week
JPMorgan increased its shareholding in several Chinese companies including Xiaopeng.
JPMorgan significantly increased its investment in assets in China. In a single trading day, JPMorgan invested approximately 1.286 billion Hong Kong dollars in stocks of several large Chinese companies. According to data from the Hong Kong Stock Exchange, JPMorgan increased its shareholding in Xpeng by approximately 0.639 billion Hong Kong dollars, raising its shareholding from 4.57% to 5.35%. Additionally, it increased its investment in Kanzhun by approximately 0.138 billion Hong Kong dollars, raising its shareholding from 9.88% to 10.05%. The investment bank also increased its shareholding in Zijin Mining Group by 0.222 billion Hong Kong dollars, raising its shareholding from 6.98% to 7.
Trending Industry Today: BBMG Leads Gains In Building Materials Stocks
Trending Industry Today: CHINA VANKE Leads Gains In Greater Bay Area Stocks
Trending Industry Today: CNBM Leads Gains In Building Materials Stocks
Hong Kong stock market anomaly | Cement stocks rise again, with the price increase of cement clinker along the Yangtze River in the cni yangtze index far exceeding the past. The industry's intention to support prices is strong.
Cement stocks have risen again. As of press time, CNBM (03323) rose by 6.32% to HKD 2.86; Conch Cement (00914) rose by 6.10% to HKD 21.75; CR Bldg Mat Tec (01313) rose by 3.83% to HKD 1.90; Huaxin Cement (06655) rose by 3.40% to HKD 7.9.
Can staggered price increases drive sectoral profitability recovery as output hits an 11-year low in the first half?
Amid industry pressure, some cement companies still achieve positive profits, showing good operational resilience.
jilin yatai (600881.SH) experienced a 4-day consecutive trading limit, suddenly sold 10 million shares of conch cement (600585.SH), reducing its stake to 5%.
jilin yatai (600881.SH) announced that the company received a notice from conch cement in Anhui on September 26, 2024...
Express News | JP Morgan Chase & Co Increases Long Position in H-Shares of Anhui Conch Cement to 5.56% on Sept 20 From 4.69% - HKEX
Anhui Xinli Finance (600318.SH): Conch Cement plans to reduce its shareholding by no more than 1%.
Geronghui September 25th | Anhui Xinli Finance (600318.SH) announced that on September 24, 2024, the company received a "Notice of Shareholding Reduction of Anhui Xinli Finance" issued by Conch Cement. In order to realize investment income, Conch Cement plans to reduce the number of company stocks not exceeding 5,127,200 shares, i.e. not exceeding 1% of the total share capital, through centralized competitive trading on the Shanghai Stock Exchange within 3 months after 15 trading days from the date of announcement.
HK Stocks are making unusual movements | Cement stocks collectively rise. Cement prices in many places are expected to increase in September, benefiting from the bullish real estate market, which is expected to promote the operation and stabilization of b
Cement stocks have collectively risen. As of the time of publication, CNBM (03323) rose by 6.01% to HKD 2.47; Conch Cement (00914) rose by 5.27% to HKD 19.58; Asia Cement (China) (00743) rose by 3.17% to HKD 2.28.
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