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Jiangsu ChengXing Phosph-Chemicals Co., Ltd.'s (SHSE:600078) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
The Jiangsu ChengXing Phosph-Chemicals Co., Ltd. (SHSE:600078) share price has softened a substantial 26% over the previous 30 days, handing back much of the gains the stock has made lately. The dr
Even Though Jiangsu ChengXing Phosph-Chemicals (SHSE:600078) Has Lost CN¥371m Market Cap in Last 7 Days, Shareholders Are Still up 183% Over 3 Years
Jiangsu ChengXing Phosph-Chemicals Co., Ltd. (SHSE:600078) shareholders might be concerned after seeing the share price drop 16% in the last month. But in three years the returns have been great.
Financial Morning News: The central bank has once again tightened the offshore market's renminbi liquidity. The amount of A-share buybacks this year has exceeded that of 2023.
New explosive policy in real estate! Government acquisition range expanded to county-level cities, experts say it can achieve a four-in-one effect. On June 20th, the Ministry of Housing and Urban-Rural Development held a video conference on the acquisition of existing commodity housing for use as affordable housing. At the meeting, the Ministry of Housing and Urban-Rural Development clearly stated that all regions should promote the effective acquisition of existing commodity houses for use as affordable housing in counties and cities above the county level. The Ministry of Housing and Urban-Rural Development stated that based on the local real estate market conditions, comprehensive consideration should be given to factors such as the actual demand for affordable housing, the inventory level of the commodity housing market, etc., in accordance with the principle of 'government leadership, market-oriented operation'.
Jiangsu Chengxing Phosph-Chemical (600078.SH): Cancellation of other risk warnings and suspension
On June 20th, Gelunhui (GLH) reported that according to the relevant provisions of the "Listing Rules", ST Chengxing (600078.SH) will be suspended for one day on June 21, 2024. It will resume trading on June 24, 2024 and cancel other risk warnings. After the cancellation of other risk warnings, the company's stocks will be transferred from the risk warning board and the company's securities abbreviation will be changed from "ST Chengxing" to "Chengxing Stock". The daily trading limit will be changed from 5% to 10%, and the stock code "600078" remains unchanged.
Jiangsu Chengxing Phosph-Chemical (600078.SH): Jiangyin factory's phosphoric acid production line resumed production.
On June 20th, Gelunhui reported that ST Chengxing (600078.SH) announced that the phosphoric acid production line of the company's Jiangyin factory will be temporarily shut down for inspection due to the expiration of the safety production license starting from May 20, 2024. The company has recently received a safety production license issued by the Jiangsu Emergency Management Department. The Jiangyin factory has completed all preparations for the resumption of phosphoric acid production, and production has resumed on June 20, 2024.
Jiangsu Chengxing Phosph-Chemical (600078.SH): Jiangyin factory obtains safety production license.
Zh Tong Financial APP reported that ST Chengxing (600078.SH) announced that the phosphoric acid production line of the company's Jiangyin factory will be temporarily shut down for maintenance starting from May 20, 2024, due to the expiration of the safety production license. Recently, the company received a safety production license issued by the Jiangsu Emergency Management Department, with certificate number (Su) WH Anxu certificate word [B00106], valid from June 15, 2024 to June 14, 2027.
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