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CITIC SEC: The building materials Industry may welcome trend-based investment opportunities in the second half of this year.
CITIC SEC released a Research Report stating that the building materials Industry, being highly related to Real Estate, has faced downward pressure on revenue and profits since 2021, and the industry has also seen a clearing and optimization of the competitive landscape.
Jefferies Adjusts West China Cement's Price Target to HK$2 From HK$2.41, Keeps at Buy
Hong Kong stock movement | WESTCHINACEMENT (02233) rose over 3% with annual attributable profit to owners increasing by 48.6% year-on-year. The Ethiopian Business was below expectations.
WESTCHINACEMENT (02233) rose over 3%, as of the time of writing, it increased by 2.68%, reported at 1.53 Hong Kong dollars, with a trading volume of 27.0228 million Hong Kong dollars.
Macquarie: The two-year transformation of China's Cement industry is surprisingly similar to OPEC.
At the beginning of 2022, a price war broke out in the Cement Industry in China, and supply control began to appear in mid-2024, a gap of two years.
West China Cement's Profit Rises 49% in 2024
WESTCHINACEMENT will distribute a final dividend of 0.034 yuan per share on July 31.
WESTCHINACEMENT (02233) announced that it will distribute a final dividend of 0.034 yuan per share for the year ending December 31, 2024, on July 31, 2025.
