The repurchase of TIANGONG INT'L tools shares highlights the confidence in development, and the high-end products are boosting the continuous growth of TIANGONG INT'L (00826).

This repurchase of TIANGONG INT'L shares is a concrete expression of confidence in its own future development and a firm Bullish outlook.

Zhitong FinanceDec 17 08:30

Tiangong International Unit to Buy Back Shares in Subsidiary From Investors

MT NewswiresDec 12 17:09

TIANGONG INT'L (00826.HK) repurchased shares of TIANGONG TOOLS.

Gelonghui, December 11, TIANGONG INT'L (00826.HK) announced that after discussions among all parties, on December 11, 2024, (1) Qichen, TIANGONG new materials, TIANGONG Hong Kong, the company, TIANGONG precision and TIANGONG tools will sign the share repurchase agreement for Qichen. According to this agreement, Qichen (as the transferor) will transfer its 1.1765% shareholding in TIANGONG tools to TIANGONG new materials (as the transferee) at a price of 0.115 billion RMB; (2) Qilu, TIANGONG new materials, TIANGONG Hong Kong, the company, TIANGONG precision and TIANGONG tools will sign the share repurchase agreement for Qilu. According to this agreement, Qilu (as the transferor) will transfer its shareholding at a price of RMB.

Gelonghui FinanceDec 11 22:28

CICC's 2025 outlook for the steel industry: significant changes in supply are expected, and the clearing of capacity is likely to accelerate.

In 2024, the Ministry of Industry and Information Technology has suspended the implementation of steel capacity replacement, and there is unlikely to be an increase in steel supply in 2025. At the same time, the optimization of existing capacity driven by policy may further accelerate, creating potential structural opportunities.

Zhitong FinanceDec 6 14:00

China Securities Co., Ltd.: In 2025, steel prices will primarily remain volatile, reinforcing a new order of supply and demand under controlled production.

China's high-end special steel is still in a growth phase, while the new energy fund, shipbuilding, and aviation industries are in a booming development period, which should enjoy a certain valuation premium.

Zhitong FinanceNov 29 14:42

Citi: Steel and aluminum are the metals most affected by Trump's tariffs.

Citigroup issued a report stating that under the threat of President Trump's 25% tariffs on imports from Canada and Mexico, steel and aluminum will be the metals most affected. The report indicates that Canada and Mexico are the largest metal suppliers to the USA, and Trump's tariff plan will lead to an increase in the prices of united states steel and aluminum, estimating that the price of steel could rise by 100 to 150 dollars per ton. The aluminum Midwest trade premium in the USA may exceed the prices on the London Metal Exchange, reaching 50 cents per pound.

AASTOCKSNov 27 08:29