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Guolian Securities: Cement "off-season not light" in 24Q3, price center may continue to rise
In the third quarter of 2024, in most regions, the staggered increase in cement intensity continues to increase, with the industry's supply and demand situation gradually improving. Cement prices continue to rise slightly, showing a certain "off-season not light" characteristic. Both industry profits on a month-on-month and year-on-year basis have improved.
Sunway International Appoints Jon Gepsom as Auditor
Sunway Int'l (00058.HK): Appointed Zhongzhixin as the auditor.
Gelonghui November 5th | Sunway Int'l (00058.HK) announced that, considering factors including its available internal resources, Yuanxin & Co. Certified Public Accountants LLP ("Yuanxin & Co.") has resigned as the company's auditor, effective from November 5, 2024. Upon the recommendation of the Audit Committee, the board of directors resolved to appoint Zhongzhi Xin (Hong Kong) Certified Public Accountants LLP ("Zhongzhi Xin") as the company's new auditor, effective from November 5, 2024, to fill the temporary vacancy left by Yuanxin & Co.'s resignation, with a term until the end of the next shareholder's annual general meeting.
Hong Kong stock concept tracking|Real estate market transaction active, institutions highly concerned about cement supply side reform (with concept stocks)
The building materials sector as a whole is still in the slow recovery phase at the bottom, with valuations and positions also at low levels.
Sunway Int'l [00058] is now trading at 0.62 Hong Kong dollars, with a rise of 21.57%.
As of 13:38, Sunway Int'l [00058] reported HK$0.62, up by HK$0.11 or 21.57% from the closing price of HK$0.51 yesterday. The turnover was HK$0.3966 million, with today's highest price at HK$0.62 and the lowest price at HK$0.51. Based on the closing price from yesterday, the 10-day average price is HK$0.53, and the 50-day average price is HK$0.18. The current PE ratio is -2.03 times, and the 14-day relative strength index is 63.14.
Sunway International Holdings Limited's (HKG:58) 606% Price Boost Is Out Of Tune With Revenues
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