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Macquarie: The two-year transformation of China's Cement industry is surprisingly similar to OPEC.
At the beginning of 2022, a price war broke out in the Cement Industry in China, and supply control began to appear in mid-2024, a gap of two years.
Goldman Sachs has upgraded CONCH CEMENT A-shares to a buy rating.
Goldman Sachs has upgraded the rating of CONCH CEMENT A-shares to Buy, with a Target Price of 29 RMB.
Goldman Sachs Reaffirms Their Buy Rating on Anhui Conch Cement Company (AHCHF)
Anhui Conch Cement's 2024 Profit Slides 25%; Hong Kong Shares Fall 6%
Anhui Conch Cement Reports Strong 2024 Financial Performance
Hong Kong stock movement | CONCH CEMENT (00914) fell over 3% after the performance announcement, with annual net profit decreasing by 26.19%, and the gross margin of all levels of cement has also declined.
CONCH CEMENT (00914) fell more than 3% after the performance announcement, as of the time of writing, it is down 3.32%, priced at 21.85 HKD, with a transaction amount of 42.4397 million HKD.
