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.
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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.
haitong sec: Pressure has already emerged in the construction industry, looking forward to policy changes.
haitong sec released research reports stating that industry pressure has already emerged, awaiting policy changes.
Hong Kong stock market abnormal movement | Cement stocks rose in early trading. According to reports, South Korea plans to import cement from China. Institutions point out that cement demand is expected to improve marginally in the second half of the year
Cement stocks rose across the board in the morning session. As of the time of publication, cr bldg mat tec (01313) rose by 4.14% to 1.51 Hong Kong dollars; conch cement (00914) rose by 3.51% to 18.26 Hong Kong dollars; huaxin cement (06655) rose by 2.95% to 6.97 Hong Kong dollars; cnbm (03323) rose by 2.73% to 2.26 Hong Kong dollars.
The domestic leader in cement additives, the supplier of conch cement, is racing for a Hong Kong IPO.
Huaxi Group has welcomed another company under its umbrella to sprint for IPO. According to Gelonghui, Anhui Huaxi Material Technology Co., Ltd. (referred to as "Huaxi Material") recently submitted a prospectus to the Hong Kong Stock Exchange, planning to list on the Hong Kong stock market. China Securities Co.,Ltd. (International) Finance Limited is the exclusive sponsor. Huaxi Material was established on May 28, 2018, headquartered in Wuhu, Anhui, and is a fine chemical material supplier that produces and sells cement additives, concrete admixtures, and related upstream raw materials. The company has 11 production plants in different locations in China, located in Ningbo City, Zhejiang Province, Linyi City, Shandong Province, and Guangxi Zhuang Autonomous Region.
New stock preview | Conch Materials technology second filing: cement admixture supply leader, hard to escape the dilemma of 'parasitic' mode.
The 'parasitic' model dilemma is difficult to resolve.
Anhui Conch Cement Issues Third, Fourth Tranche of Medium-Term Bonds
Conch Cement (600585.SH): Will closely monitor the progress of the Dechong Funan Canal project and actively promote the cement supply cooperation for the project.
Gelonghui, September 18th | Conch Cement (600585.SH) stated on the interactive platform that its products have been applied to various key projects such as the new Siem Reap International Airport, Jingang Expressway, Phnom Penh Stadium in Cambodia, and have received unanimous praise from customers for its high-quality product quality and after-sales service. The company will closely monitor the start-up dynamics of the Dechong Funan Canal project and actively promote the cement supply cooperation for the project.
Hong Kong stock concept tracking | Cement demand is expected to improve marginally in the second half of the year. Institutions are bullish on the industry, which is already at the cyclical profit bottom (concept stocks attached).
CICC released a research report on the outlook for the second half of the year, expecting marginal improvement in cement demand and the potential for market leaders to continue driving price increases, boosting industry profitability.
Anhui Conch Cement Company Limited (HKG:914) Shares Could Be 26% Below Their Intrinsic Value Estimate
Tianfeng Securities: The building materials industry may have hit bottom. Pay attention to the growth potential of new material varieties.
Tianfeng Securities released a research report stating that the building materials industry may have bottomed out, and new materials are expected to realize growth potential.
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