No Data
No Data
Trending Industry Today: BBMG Leads Gains In Building Materials Stocks
GoldenPeaks Capital and CNBM Strengthen Their Renewable Energy Partnership and Commit to Target a 1GW Project Pipeline Annually in Europe
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.
GTJA: Maintains a 'shareholding' rating on CNBM, with the target price lowered to 3.23 Hong Kong dollars.
gtja released a research report stating that it maintained a "shareholding" rating for cnbm (03323), considering the long and large extent of cement losses, and some profit pressures still exist in the materials sector, lowering the net income forecast for 2024-2026 to 1.175, 2.276, 2.987 billion yuan (-2.803, -2.376, -2.055 billion yuan), and lowering the target price to 3.23 Hong Kong dollars. The company achieved revenue of 83.471 billion yuan in the 2024 interim report, a year-on-year decrease of 18.5%, and a net loss of 2.018 billion yuan attributable to the parent company, turning into a loss year-on-year, lower than expected. During the period, in the basic building materials sector, the cement sector
GTJA: Maintains a 'shareholding' rating on CNBM (03323) with a target price cut to 3.23 Hong Kong dollars.
gtja downgraded cnbm's net income forecast for 2024-2026 to 1.175, 2.276, 2.987 billion yuan.
No Data
No Data