HK stocks surge | China Bluechem (03983) rises more than 4% again, signing a memorandum of understanding with BASF. Institutions believe that there is a certain upward momentum for urea.

Zhītōng Cáijīng APP learned that China BlueChem (03983) rose again by more than 4%, accumulating an increase of more than 10% within the month. As of the press time, it rose by 3.4% to HKD 2.43, with a turnover of HKD 13.41 million. In terms of news, during the 2024 Shanghai International Carbon Neutrality Expo, BASF and China BlueChem signed a memorandum of understanding on establishing a green carbon and chemical advanced technology joint laboratory. According to the memorandum of understanding, BASF and China BlueChem will collaborate in developing sustainable technologies in various fields, including CO2 to syngas technology, as well as the preparation and application of green methanol and green ammonia.

Zhitong FinanceJul 3 23:22 ET

The Returns On Capital At China BlueChemical (HKG:3983) Don't Inspire Confidence

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? One common approach is to try and find a company with returns on capital employed

Simply Wall StJul 2 19:02 ET

Citic sec's outlook for the second half of 2024 in the potash fertilizer industry: continued demand recovery and reduced supply disturbance.

The range of the global potash fertilizer price bottom is expected to be clearer in 2024.

Zhitong FinanceJun 24 20:41 ET

China BlueChemical Unit Invests 150 Million Yuan in Structured Deposits

China BlueChemical (HKG:3983) unit CNOOC Kingboard Chemical invested 150 million yuan in a structured deposit product offered by the Hainan branch of Bank of China, a June 7 filing on the Hong Kong bo

MT NewswiresJun 10 07:22 ET

China BlueChemical to Redeem Investment From Zhonghai Trust Scheme

China BlueChemical's (HKG:3983) application to terminate the Trust Scheme Agreement No.1 with Zhonghai Trust and to redeem the entire principal amount and the interest income has been confirmed by Zho

MT NewswiresJun 10 04:11 ET

China Bluechem (03983.HK) redeemed a trust investment early and received an interest income of 1.38 million yuan.

On June 7th, Gelunhui News reported that China Bluechem (03983.HK) announced that on June 7th 2024, China Bluechem Trust confirmed the company's application to redeem all the principal of RMB 350 million invested under the first trust plan agreement and terminate the trust plan agreement on June 11th, 2024. The total interest income generated by the redemption is about RMB 1.38 million, and the average annualized yield is 3.00%, which is calculated based on the yield level of the same period product and the duration of investment in the trust plan. In addition, the company and China Bluechem Trust have agreed that the redemption and termination should not be treated as a violation of the trust plan.

Gelonghui FinanceJun 7 10:42 ET