Guolian Securities: Cement "off-season not light" in 24Q3, price center may continue to rise
In the third quarter of 2024, in most regions, the staggered increase in cement intensity continues to increase, with the industry's supply and demand situation gradually improving. Cement prices continue to rise slightly, showing a certain "off-season not light" characteristic. Both industry profits on a month-on-month and year-on-year basis have improved.
Hong Kong stock concept tracking|Real estate market transaction active, institutions highly concerned about cement supply side reform (with concept stocks)
The building materials sector as a whole is still in the slow recovery phase at the bottom, with valuations and positions also at low levels.
Some JiaChen Holding Group Limited (HKG:1937) Shareholders Look For Exit As Shares Take 33% Pounding
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.
JIACHEN HOLDING: Interim Report 2024
Jiachen Holding [01937] is now trading at 0.239 Hong Kong dollars, with a price increase of 19.50%.
As of 14:47, Jiachen Holdings [01937] reported HKD 0.239, an increase of HKD 0.039 or 19.50% compared to the closing price of HKD 0.2 yesterday. The turnover was HKD 0.0939 million. Today's highest price was HKD 0.239, and the lowest price was HKD 0.217. According to yesterday's closing price, the 10-day average price was HKD 0.22, and the 50-day average price was HKD 0.24. The current P/E ratio is 33.38 times, and the 14-day strength index is 52.43.
JiaChen Holding Group Reports Strong Growth
Express News | Jiachen Holding Group H1 Revenue RMB 108.7 Million
JIACHEN HOLDING: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
JiaChen to At Least Double Profit in H1
Jiachen Holding (01937) is pleased to announce that the expected mid-term shareholder's attributable net profit of the group is expected to increase by not less than 100%.
Jiachen Holding (01937) issued an announcement for the six months ended on June 30, 2023 (comparable period)...
Express News | Jiachen Holding Group Ltd Sees Surge in Hy Revenue of Not Less Than 20%
Express News | Jiachen Holding Sees Net Profit to Increase by Not Less Than 100% for Six Months
JIACHEN HOLDING: POSITIVE PROFIT ALERT
JiaChen Holding Reschedules Crucial Board Meeting
JIACHEN HOLDING: SUPPLEMENTAL NOTIFICATION OF BOARD MEETING
JiaChen Holding to Review Interim Financials
Why We're Not Concerned Yet About JiaChen Holding Group Limited's (HKG:1937) 28% Share Price Plunge
Dongxing Securities: Industry pattern optimized, restructuring supply and demand for new balance, leading companies in building materials and other industries ushered in a period of development opportunities.
With the overlay of industry policies, the industry structure will be optimized, and the overall industry supply will be controlled and reduced, which will establish a new balance between industry supply and demand.
CITIC Securities: The cement industry has already reached the cyclical bottom of profitability. The supply side of the glass industry is expected to improve.
The cement industry has reached the bottom of its cyclical profitability. With the clearance of small and medium-sized production capacity, the improvement of supply pattern is expected to drive the recovery of profitability.
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