Are Steel stocks expected to stage a major reversal? Goldman Sachs: China State Construction Engineering Corporation's activity is showing preliminary signs of recovery, and steel demand is expected to rebound.

① Goldman Sachs stated that as the China State Construction Engineering Corporation activity shows preliminary signs of improvement, it could boost the prices of Steel and other CSI Commodity Equity Index. ② The Chinese government's work report emphasizes Real Estate efforts, proposing goals such as "stabilizing the Real Estate and stock markets" and "promoting the healthy development of the Real Estate and stock markets with greater efforts." ③ According to Goldman Sachs data, demand for CSI Commodity Equity Index related to infrastructure construction has slightly increased for the first time in three years, predicting that China may reduce Steel production by about 50 million tons to restore profitability.

cls.cnMar 14 05:19 ET

This week adds 20 more! China State Construction Engineering Corporation and several other stocks disclosed shareholding and repurchase loan plans, a list of related A-share stocks is provided.

① The acceleration of Share Buyback and Shareholding through refinancing is being implemented, according to incomplete statistics from the Financial Association. As of the time of this report, 20 listed companies have disclosed information related to Share Buyback and refinancing this week (see attached table); ② The controlling shareholder of China State Construction Engineering Corporation has obtained a special loan with the maximum amount not exceeding 1.08 billion yuan. HMT (Xiamen) New Technical Materials Co., Ltd intends to increase its Share Buyback scale, and the next day's closing stock price hit the limit up.

cls.cnDec 21, 2024 02:47 ET

The State-owned Assets Supervision and Administration Commission strengthens market cap management of controlling listed companies; unprofitable central enterprises are expected to gain a competitive edge.

The State Council's State-owned Assets Supervision and Administration Commission recently issued several opinions on improving and strengthening the Market Cap management of centrally held listed companies. It emphasizes the importance of addressing the issue of listed companies trading below net asset value, incorporating the solution to this long-standing problem into the annual key work, guiding long-term undervalued listed companies to formulate and disclose valuation enhancement plans, and supervising their implementation.

cls.cnDec 17, 2024 19:01 ET

Zhejiang Construction Investment Group plans to fully hold shares of multiple subsidiary companies. Chengdu State-owned Assets will exit as a shareholder after four years.

1. The performance has greatly declined, and Zhejiang Construction Investment Group is seeking equity acquisition; 2. The company plans to achieve full ownership of three subsidiaries; 3. The trade funds come from issuing shares to the controlling shareholder; 4. Chengdu State-owned Assets, the trading partner, invested 1 billion four years ago; 5. The target company's performance has significantly declined this year.

cls.cnNov 6, 2024 09:47 ET

Central enterprise real estate upstarts are quietly rising

Author | Editor Cao Anxun | Zhou Zhiyu Real Estate has been in business for 40 years. The leading real estate companies have rotated several times. Once famous giants such as Evergrande and Country Garden, have fallen one after another, and a number of state-owned enterprises and state-owned giants have risen to prominence. China Construction Yipin, a slightly unfamiliar name, is a rising star. This subsidiary of China Construction, which came out of Wuhan, has quite a bit of ambition. It hopes to sell for the “top 20 in the country” this year; in the first 4 months, China Construction Yipin added a new land value of 26.29 billion yuan, ranking 5th in the industry. China Construction Yipin works with central and state-owned enterprises such as Greentown, C&D, Yuexiu, and Huafa

wallstreetcnMay 31, 2024 08:46 ET

China State Construction Books Higher Profit, Revenue in January-September Period; Shares Rally 3%

MT NewswiresOct 18, 2021 03:32 ET