00914 CONCH CEMENT
- 21.050
- -0.550-2.55%
CONCH CEMENT News
Hong Kong Stock Concept Tracking | Real estate policy support continues to strengthen the bottom of the cement and building materials sector (with concept stocks)
Mergers and acquisitions of large cement companies have formed an oligopoly pattern to achieve active removal of production capacity.
Conch Cement (00914): Cancellation of the proposed guarantee scheme for subsidiary companies to register and issue medium-term notes
Hailuo Cement (00914) issued an announcement. On April 9, 2024, the director of Anhui Hailuo Cement Co., Ltd...
A quick look at the Hong Kong market | The three major indices rose sharply, and Tencent's results rose nearly 4%; domestic housing, property management, and building materials stocks were strong throughout the day! COSCO Group rose more than 46%, and Chi
The trend of technology network stocks was divided. Tencent rose nearly 4%, Ali fell more than 3%; gaming stocks rose sharply, Galaxy Entertainment rose more than 6%, and Sands China Co., Ltd. rose nearly 2%.
Changes in Hong Kong stocks | China Building Materials (03323) rose more than 7%, leading the way in cement stocks, mainstream cities successively optimized purchase restriction policies, and there is not much room for further cement price cuts
Cement stocks were higher in early trading. As of press release, China Building Materials (03323) rose 7.43% to HK$3.47; Conch Cement (00914) rose 6.67% to HK$20.8; China Resources Building Materials Technology (01313) rose 5.56% to HK$1.52; and Huaxin Cement (06655) rose 4.61% to HK$8.39.
The Hong Kong stock building materials and cement sector fluctuated higher, and China Building Materials and Conch Cement rose more than 6%, followed by Huarun Building Materials Technology, Shanshui Cement, etc.
The Hong Kong stock building materials and cement sector fluctuated higher, and China Building Materials and Conch Cement rose more than 6%, followed by Huarun Building Materials Technology, Shanshui Cement, etc.
Guoxin Securities: Building materials valuations and holdings are all in a position to focus on expected sectors and individual stock recovery opportunities
Guoxin Securities released a research report saying that the Politburo meeting set the policy direction of “resolving stocks and optimizing incremental growth”. Mainstream cities have successively optimized purchase restriction policies, which are expected to reverse pessimistic real estate expectations to a certain extent. Currently, fundamentals have not improved significantly, and market confidence will take time to recover. Subsequent support policies are still expected to be further strengthened. The valuations and positions of the building materials sector are at a low level. Concerned about the valuation repair opportunities of leading consumer building materials and some individual stocks that have surpassed the decline.
Express News | CICC: In the medium to long term, the opportunities outweigh the risks in the medium to long term, and may still be dominated by structural opportunities in the short term
Fitch: Confirms “Stable” Long-term Issuer Rating Outlook for Anhui Hailuo Cement (00914.HK) “A”
On May 17, Fitch confirmed that the long-term issuer default rating (IDR) and senior unsecured rating of Anhui Conch Cement Company Limited (“Anhui Conch Cement” 600585.SH00914.HK) are “A” and the outlook is stable.
Anhui Conch Cement Signs 112 Million Yuan Engineering Services Deal With Subsidiary; Shares Down 3%
Anhui Conch Cement (HKG:0914, SHA:600585) agreed to receive engineering design and technology modification services from subsidiary Anhui Conch Construction Materials Design Institute for 111.7 millio
Conch Cement (00914.HK): Accepts engineering project design and technical services and SCR denitrification technology improvement services
Gelonghui, May 13, 丨 Conch Cement (00914.HK) announced that on May 13, 2024, the company (for itself and its relevant subsidiary) signed a “Project Design and Technical Service Contract” with Conch Design Institute. According to this contract, Conch Design Institute will provide engineering design and/or technical transformation services for several of the Company's subsidiaries for aggregates, mechanical sand, commercial sand, dry mix mortar, grinding stations, ore powder transfer projects and comprehensive projects, and the company's large-scale special transformation projects, engineering consulting services, etc. May 13, 2024, company
Express News | Open source securities: the growth of consumer building materials is sustainable for a long time
Changes in Hong Kong stocks | China Resources Building Materials Technology (01313) rose nearly 8%, leading the way in cement stocks, cement price increases are expected to increase in the profitability of the cement industry
Cement stocks had the highest gains in early trading. As of press release, China Resources Building Materials Technology (01313) rose 7.97% to HK$1.49; China Building Materials (03323) rose 7.4% to HK$3.34; Conch Cement (00914) rose 4.22% to HK$19.76; and Huaxin Cement (06655) rose 3.63% to HK$7.43.
Hong Kong stock building materials and cement stocks fluctuated and rose. China Building Materials rose more than 6%, Conch Cement rose more than 3%, Huaxin Cement and Asia Cement all rose more than 3%, and Jinyu Group and others followed suit.
Hong Kong stock building materials and cement stocks fluctuated and rose. China Building Materials rose more than 6%, Conch Cement rose more than 3%, Huaxin Cement and Asia Cement all rose more than 3%, and Jinyu Group and others followed suit.
Lazard Asset Management LLC sold 4.882 million H shares of Conch Cement (00914.HK) worth approximately HK$106 million
On May 8, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 8, Lazard Asset Management LLC sold $4.882 million H shares worth HK$106 million at an average price of HK$21.8 million per share on August 31, 2023. After the sale, Lazard Asset Management LLC's latest shareholding was 616.39 million shares, and the good position ratio dropped from 5.12% to 4.74%. Image source: What is the Stock Exchange's equity disclosure
Conch Cement (600585): The volume and price of cement fell sharply, and 24Q1 performance was under pressure
The company achieved operating income of 21.328 billion yuan in the first quarter of 2024, a year-on-year decrease of 32.08%; realized net profit of 1,502 billion yuan, a year-on-year decrease of 41.14%; net profit after deduction of 1,368 billion yuan
Conch cement (600585): 24Q1 demand earns a cost premium during the off-season
Incident description The company disclosed a quarterly report. 2024Q1 revenue was about 21.328 billion yuan, a year-on-year decrease of 32.08%; attributable net profit was about 1,502 billion yuan, a year-on-year decrease of 41.14%. Incident Review 2024Q1:
Hailuo Cement (600585) 2024 Quarterly Report Review: Q1 industry lost money but the company's profit moat was outstanding
Incident: The company released its Q1 2014 quarterly report, achieving revenue of 21.328 billion yuan, -32.08% year on year, and net profit to mother of 1,502 billion yuan, or -41.14% year on year. Comment: The industry's losses have increased, but the company is still
Conch Cement (600585): The bottom of profit may have gradually consolidated, and cement price increases are expected to drive marginal improvement in performance
The company achieved net profit deducted from mother of 1,368 billion yuan in the first quarter, down 36.56% year on year. The company released its quarterly report for '24, and achieved revenue/net profit to mother of 21.328/1,502 billion yuan in 24Q1, year on year -3
Hailuo Cement (00914.HK) completed the issuance of 3 billion yuan green medium-term notes
Gelonghui, April 29, 丨 Hailuo Cement (00914.HK) announced that the company issued the first and second green medium-term notes of 2024 on April 26, 2024 and April 25, 2024 respectively. The issuance results are as follows: Anhui Hailuo Cement Co., Ltd.'s 2024 first green medium-term notes, with an actual total issuance of RMB 1.5 billion; Anhui Hailuo Cement Co., Ltd.'s 2024 second green medium-term notes were actually issued totaling RMB 1.5 billion.
Conch Cement (600585): Performance is in line with expectations, the company's competitiveness is highlighted under industry stress tests
Matters: The company released its 2024 quarterly report: the company achieved revenue of 21.328 billion yuan in the first quarter of 2024, a year-on-year decrease of 32.08%; net profit to mother was 1,502 billion yuan, a year-on-year decrease of 41.14%; deducted from Africa
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