There's No Escaping China Conch Venture Holdings Limited's (HKG:586) Muted Earnings Despite A 32% Share Price Rise

China Conch Venture Holdings Limited (HKG:586) shares have continued their recent momentum with a 32% gain in the last month alone. Not all shareholders will be feeling jubilant, since the share pr

Simply Wall StJul 3 18:41 ET

Hong Kong stock market moves | Conch Venture (00586) rose more than 12%, institutions are bullish on the company's significantly improved dividend-paying ability and equity assets are expected to be reassessed for their value.

Zhitong Finance APP learned that Conch Venture (00586) rose more than 12%, as of the publication, up 12.23%, reported HKD 8.35, with a turnover of HKD 589 million. In terms of news, GF Securities' recent research report pointed out that Conch Venture, as the employee shareholding platform of Conch Cement, the labor union and individual employees hold the main shares. The current main assets/projects include an 18% indirect equity of "Conch Cement" and a 59,000-ton/day solid waste project. With the operation of the hand-held project, the company can provide cash flow of more than 2 billion yuan per year by shifting from relying on unstable joint venture dividends of "Conch Cement" to the main business, and the dividend capacity/stability will be greatly improved.

Zhitong FinanceJul 3 02:29 ET

Hong Kong stocks surge | Conch Venture (00586) is up more than 5%, and institutions say dividend ability/stability will be greatly improved. The company is expected to welcome a revaluation of its value.

Conch Venture (00586) is up over 5%. As of press time, it is up 5.3% at HKD 7.15 with a turnover of HKD 165 million.

Zhitong FinanceJun 25 23:49 ET

Conch Venture (00586.HK): Cheng Yanlei was elected as an independent executive director.

On June 25th, Gelunhui reported that Conch Venture (00586.HK) announced that it is delighted to announce that Cheng Yanlei was elected as an independent executive director by the shareholders at the annual general meeting. Cheng Yanlei has been appointed as a member of the Remuneration and Nomination Committee and the Review Committee of the Board of Directors, which will take effect after the end of the annual general meeting of shareholders.

Gelonghui FinanceJun 25 07:29 ET

HK stocks unusual | Conch Venture (00586) rose more than 6% in early trading, Conch Cement profit bottoming out plus main business providing cash flow, the company is expected to welcome revaluation of its value.

Conch Venture (00586) rose more than 6% in early trading. As of press time, it has risen by 5.1%, to HKD 6.59, with a trading volume of 66.7157 million Hong Kong dollars.

Zhitong FinanceJun 24 23:07 ET

Here's Why Shareholders Should Examine China Conch Venture Holdings Limited's (HKG:586) CEO Compensation Package More Closely

Key Insights China Conch Venture Holdings to hold its Annual General Meeting on 25th of June Salary of CN¥601.0k is part of CEO Qinying Ji's total remuneration The total compensation is similar to

Simply Wall StJun 18 18:30 ET