No Data
Hong Kong stocks movement | Cement stocks have widened their gains in the afternoon as cement companies in some regions have notified price increases. Capacity restriction policies are officially entering the implementation phase.
The cement stocks' gains expanded in the afternoon. As of the time of this report, CONCH CEMENT (00914) rose by 5.07%, selling at HKD 20.95; Huaxin Cement (06655) increased by 4.39%, priced at HKD 7.83; CR BLDG MAT TEC (01313) was up by 3.87%, at HKD 1.61; and WESTCHINACEMENT (02233) gained 3.05%, trading at HKD 1.69.
Hong Kong stock Concept tracking | Cement prices are being notified to increase in multiple regions, and the undervalued building materials Sector is expected to see a profit recovery (including Concept stocks).
After the Lantern Festival, with the rise in temperature and the gradual resumption of construction sites, some cement companies in certain regions have announced a price increase.
CRBM Flags Up to 72% Plunge in Profit for 2024
Finance Associated Press Venture Capital: In January, financing in the Carbon Neutrality sector totaled 1.61 billion yuan, a decrease of 95.03% month-on-month. Li Chuang Autos Electronics completed its first round of financing of nearly 0.5 billion yuan.
According to data from the China Finance Association's Venture Capital platform, in January, there were a total of 69 private equity investment events in the domestic Carbon Neutrality sector, a decrease of 28.13% from 96 events last month; The total disclosed financing amounted to approximately 1.61 billion yuan, down 95.03% from 32.404 billion yuan last month.
Hong Kong stock early report | The central bank stated that it will adjust and optimize the policy intensity and pace at an appropriate time. Apple is reportedly continuing its cooperation with Baidu to develop AI features for the iPhone.
① Apple continues to collaborate with Baidu to develop AI features for the iPhone to mitigate risks. ② Xiaopeng Autos states that new products will deeply cooperate with Huawei. ③ Institutions predict that rents for Grade A offices in Hong Kong may fall by 10% this year. ④ The first retail tokenized Fund in the Asia-Pacific has been approved and is expected to be listed by the end of February.
China Resources Building Materials: Impairment Charges, Absence of Divestment Gains Weighed on Results
Returns On Capital Signal Tricky Times Ahead For China Resources Building Materials Technology Holdings (HKG:1313)
