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Anhui Conch Cement Upgraded to Buy From Neutral at Goldman Sachs
Unpleasant Surprises Could Be In Store For Anhui Conch Cement Company Limited's (HKG:914) Shares
Hong Kong stocks are experiencing changes | Cement stocks are collectively retreating, and the prices of cement in East China have shown seasonal adjustments. Institutions indicate that the decline in cement demand is expected to narrow.
Cement stocks fell collectively; as of the time of writing, BBMG Corporation (02009) is down 5%, trading at HKD 0.76; CONCH CEMENT (00914) is down 4.83%, trading at HKD 18.92; CR BLDG MAT TEC (01313) is down 3.14%, trading at HKD 1.54; Huaxin Cement (06655) is down 1.79%, trading at HKD 7.69.
Anhui Conch Cement's 2025 Procurement Strategy Unveiled
New stock interpretation | Conch Materials Technology: The debt-to-asset ratio exceeds 90%, and even the leading company in Cement additives faces some "hidden worries."
Hai Luo Material Technology has made another advance towards landing on the Hong Kong stock market.
[New Stock IPO] Anhui Conch Materials Technology has passed the listing hearing of the Hong Kong Stock Exchange.
Jinwu Finance News | According to the disclosure by the Hong Kong Stock Exchange on December 27, Anhui Conch Materials Technology has passed the listing hearing on the Hong Kong Stock Exchange, with China Securities Co.,Ltd. as the sole sponsor. The company is a fine chemical materials supplier that produces and sells Cement additives, concrete additives, and their related upstream raw materials. According to Frost & Sullivan data, in terms of Cement additive sales and revenue for the fiscal year 2023, the company ranks first in China, with market shares of approximately 28.3% and 32.3% respectively (specifically, in terms of sales and revenue of Cement grinding aids for the fiscal year 2023, the company ranks first in China, with market shares of approximately 34.
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