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GTJA: Financial and tax reforms may boost the profitability and valuation of the construction sector's one-for-five rate.
The financial and tax system reform may increase local revenue and enhance the investment and payment capacity of local governments. On the one hand, new contracts are expected to be signed by construction companies, while on the other hand, existing orders may accelerate the progress of more physical workload and performance, enhancing total profit, net asset return rate, and PEG valuation.
Changjiang Securities: Cement continues to push up synergistically, bottom dividend value is showing.
According to a research report by Changjiang Securities, since May, with the continuous losses of small cement companies in the first half of the year, the leading cement companies have changed their strategies, strengthened their self-rescue mentality, and significantly enhanced their willingness to cooperate. From the price performance of the past two months, staggered price increases are still effective, and bottom signals are gradually becoming clear.
CNT GROUP (00701): Zhang Xiaojing resigned as an independent non-executive director.
CNT GROUP (00701) announced that Mr. Zhang Xiaojing has resigned as the company's independent non-executive director, effective immediately...
CNT Group (00701.HK): Lin Yingru was appointed as a member of the nomination committee.
On June 4th, Gelonghui (CNT GROUP) announced that Zhang Xiaojing has resigned as the company's independent non-executive director and will take effect from the end of the 2024 shareholder annual meeting. Following his resignation, Zhang Xiaojing will no longer serve as a member of the nomination committee; Zhang Yulin will resign as a non-executive director, effective from June 5, 2024; Zheng Weibo will resign as an independent non-executive director, effective from June 5, 2024; and Lin Yingru, the independent non-executive director, was appointed as a member of the nomination committee, effective from the end of the 2024 shareholder annual meeting held on June 4th.
We Think CNT Group Limited's (HKG:701) CEO Compensation Package Needs To Be Put Under A Microscope
Key Insights CNT Group will host its Annual General Meeting on 4th of June CEO Chi Kwan Chong's total compensation includes salary of HK$1.39m The overall pay is 69% above the industry average
Hong Kong Stock Concept Tracking | Cement Prices Rise, Building Materials Industry Value Revaluation (with concept stocks)
Since May, cement prices have risen in Northeast China, Central China, South China, and Southwest China. As of last Friday, the average price of cement nationwide reached 372 yuan/ton, up about 12 yuan from the beginning of the month, a record high since the second quarter.
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