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Hong Kong stocks fluctuate | Cement stocks generally decline, with the industry's performance under pressure in the first half of the year and the downward pressure on cement demand still existing.
Cement stocks are generally down. As of the time of writing, CNBM (03323) fell 6.67% to HKD 2.24; Asia Cement (China) (00743) fell 5.86% to HKD 2.09; Dongwu Cement (00695) fell 2.42% to HKD 1.61.
Is Asia Cement (China) Holdings (HKG:743) Using Too Much Debt?
Hong Kong stocks closed on August 27th | Hang Seng Index rose by 0.43%, petroleum stocks performed strongly. Ctrip Group-S (09961) surged by 9% after earnings announcement.
The three major stock indexes in Hong Kong opened lower in the morning session and quickly plummeted, with the Hang Seng Index falling 1.81% at one point. However, the decline gradually narrowed and both the Hang Seng Index and the Hengqin Index turned positive in the afternoon.
HK Stock Market | Asia Cement (China) (00743) opened nearly 15% lower, the company's privatization plan failed, first half-year profit turned into a loss of over 0.4 billion yuan.
Asia Cement (China) (00743) opened nearly 15% lower. As of the time of writing, it has dropped 14.9% to HKD 2.57, with a turnover of HKD 0.1503 million.
Asia Cement (China) (00743): Privatization fails.
Asia Cement (China) (00743) and Asia Cement Corporation jointly announced the proposal in accordance with the Company Law...
Express News | Asia Cement (China) - Shareholders Did Not Approve Asia Cement (China) Holdings' Proposed Privatisation
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