CR BLDG MAT TEC News

CRBM Flags Up to 72% Plunge in Profit for 2024

MT NewswiresFeb 14 14:43

Hong Kong stock movement | CR BLDG MAT TEC (01313) saw a decline of over 3% during the session, with an expected drop in net profit of over 60% last year. After the holiday, the Cement market in Guangdong's CNI Zhujiang Index is running weak.

CR BLDG MAT TEC (01313) fell over 3% during the session, and as of the time of writing, it has dropped 2.55% to 1.53 Hong Kong dollars, with a trading volume of 29.9137 million Hong Kong dollars.

Zhitong FinanceFeb 14 14:18

Finance Associated Press Venture Capital: In January, financing in the Carbon Neutrality sector totaled 1.61 billion yuan, a decrease of 95.03% month-on-month. Li Chuang Autos Electronics completed its first round of financing of nearly 0.5 billion yuan.

According to data from the China Finance Association's Venture Capital platform, in January, there were a total of 69 private equity investment events in the domestic Carbon Neutrality sector, a decrease of 28.13% from 96 events last month; The total disclosed financing amounted to approximately 1.61 billion yuan, down 95.03% from 32.404 billion yuan last month.

cls.cnFeb 14 11:37

Hong Kong stock early report | The central bank stated that it will adjust and optimize the policy intensity and pace at an appropriate time. Apple is reportedly continuing its cooperation with Baidu to develop AI features for the iPhone.

① Apple continues to collaborate with Baidu to develop AI features for the iPhone to mitigate risks. ② Xiaopeng Autos states that new products will deeply cooperate with Huawei. ③ Institutions predict that rents for Grade A offices in Hong Kong may fall by 10% this year. ④ The first retail tokenized Fund in the Asia-Pacific has been approved and is expected to be listed by the end of February.

cls.cnFeb 14 07:41

China Resources Building Materials: Impairment Charges, Absence of Divestment Gains Weighed on Results

Dow JonesFeb 14 07:14

China Resources Building Materials Expects 2024 Net to Decrease by 62% to 72% on Year

Dow JonesFeb 14 07:13

CR BLDG MAT TEC (01313.HK) expects a significant reduction in annual profit by 62%-72%.

CR BLDG MAT TEC (01313.HK) issued a profit warning, expecting that profits for the fiscal year 2024 will decrease by approximately 62%-72% compared to 2023. This is mainly due to the decline in the gross margin of non-Cement and concrete Business; a one-time gain of 0.164 billion RMB recorded from the disposal of subsidiaries in fiscal year 2023; and impairment losses recorded during the year.

AASTOCKSFeb 14 01:30

CR BLDG MAT TEC (01313) issued a profit warning, expecting that the profit attributable to owners in 2024 will decrease by about 62% to 72% year-on-year.

CR BLDG MAT TEC (01313) announced that the group expects the profit attributable to the company's owners to decrease by approximately... in 2024 compared to the previous year.

Zhitong FinanceFeb 13 22:25

CR BLDG MAT TEC: INSIDE INFORMATION - PROFIT WARNING

HKEXFeb 13 22:24 · Announcements

CICC's outlook for the construction Industry in 2025: Seeking stability and progress.

Focus on the centrally-owned construction enterprises with relatively stable fundamentals, which benefit from the new regulations on debt reduction and Market Cap management.

Zhitong FinanceFeb 12 10:21

Hong Kong stock Concept Tracking | Cement leading enterprises accelerate mergers and acquisitions, Industry enterprises' willingness to raise prices may be quite strong (including Concept stocks)

Mergers and acquisitions in the Cement Industry are happening one after another, with leading companies taking frequent actions.

Zhitong FinanceFeb 6 09:43

[Brokerage Focus] HTSC maintains a Bullish outlook as the demand for heavy renovation significantly surpasses new home decoration, becoming a more sustainable growth track.

Jinwu Finance | HTSC stated that looking ahead to 2025, the bank maintains a Bullish outlook on heavy renovation demand significantly surpassing new home renovation, becoming a more sustainable growth track. Using data from cities with both new and existing home transaction areas from Wind as a sample for calculation, in 2024, the transaction area of existing homes in the sample cities accounted for 58.7%, an increase of 9.1 percentage points compared to 2023, which is the first time since 2018 that the share of existing home transactions exceeded 50%. The bank believes that existing home transactions are a strong catalyst for the willingness to renovate existing homes, and the structural improvement in existing home transactions in the medium to short term also forms a marginal demand for home decoration building materials retail.

Jingwu Financial NewsJan 24 08:59

Quick look at the Hong Kong market | The three major Indices have risen for 4 consecutive days! The Semiconductors and Communication Equipment Sectors performed strongly, with Semiconductor Manufacturing International Corporation rising over 9% and ZTE in

Network Technology stocks rose, with JD-SW up 4.71% and NTES-S down 2.04%; Building Materials stocks went up, with SK TARGET down 18.10% and WESTCHINACEMENT up 4.79%; Nonferrous Metals stocks performed well, with CHINAHONGQIAO up 5.14% and CMOC Group Limited up 3.00%.

Futu NewsJan 17 16:33

Hong Kong stock midday review | The three major Indices showed mixed results, with the Tech Index rising over 1%; Semiconductors and Network Technology performed well, with Semiconductor Manufacturing International Corporation increasing by more than 10%

Network Technology stocks showed mixed performance, with JD-SW rising by 4.21% and NTES-S falling by 2.74%; Nonferrous Metals stocks generally rose, CHINAHONGQIAO increasing by 5.80% and ZHAOJIN MINING rising by 2.97%; Building Materials stocks moved higher, with SK TARGET dropping by 8.10% and WESTCHINACEMENT rising by 5.48%.

Futu NewsJan 17 12:13

Hong Kong market quick review | The three major Indexes rose by over 1%; Network Technology stocks collectively increased, with Xiaomi rising over 2%; Most Autos stocks surged, with XPeng Motors jumping nearly 7%.

Network Technology stocks rose broadly, with Bilibili-W increasing by 4.96% and XIAOMI-W rising by 2.23%; Hong Kong Retail Stocks ascended, BONJOUR HOLD grew by 32.95%, PRADA increased by 4.30%; Golden Industrial Concept stocks all rose, LINGBAO GOLD increased by 3.86% and CHI SILVER GP rose by 3.66%;

Futu NewsJan 16 16:23

Hong Kong stock movement | CR BLDG MAT TEC (01313) rose nearly 5% in the afternoon as Guangdong proposed to strengthen production capacity and output regulation in the Industry.

CR BLDG MAT TEC (01313) surged nearly 5% in the afternoon, with a current increase of 4.96%, priced at 1.48 HKD, with a turnover of 16.0486 million HKD.

Zhitong FinanceJan 16 14:23

Hong Kong Market Quick Review | Hong Kong stocks rose for the second consecutive day, with the Technology Index slightly increasing; Semiconductors and China Mainland Banking stocks generally rose, with Semiconductor Manufacturing International Corporatio

Network Technology stocks showed mixed results, with NTES-S up 4.03% and TENCENT up 1.33%. Semiconductors stocks rose, with Semiconductor Manufacturing International Corporation up 5.98% and Innosilicon down 4.17%. Nonferrous Metals stocks mostly declined, with Zijin Mining Group down 5.85% and CMOC Group Limited down 2.98%.

Futu NewsJan 15 16:30

Hong Kong Stock Market Midday Review | All three major indices rose, with the Hang Seng Index stabilizing above 19,000; chip and photovoltaic stocks performed well, with Semiconductor Manufacturing International Corporation rising nearly 5% and GCL TECH r

Network Technology stocks rose, NTES-S increased by 2.42%, TENCENT rose by 1.49%; Semiconductors stocks strengthened, SHEEN TAI fell by 6.52%, Semiconductor Manufacturing International Corporation rose by 4.84%; Nonferrous Metals stocks had many declines, Zijin Mining Group fell by 5.07%, CMOC Group Limited fell by 2.98%.

Futu NewsJan 15 12:17

According to the Caixin Venture Capital Report: In December 2024, financing in the Carbon Neutrality sector reached 32.404 billion yuan, an increase of over ten times month-on-month, with the photovoltaic sector being the most active.

According to data from CaiLianShe Venture Capital, there were 96 private equity investment and financing events in the domestic Carbon Neutrality sector in December, an increase of 43.28% from 67 events last month; The total disclosed financing amount is approximately 32.404 billion yuan, an increase of 1091.77% from 2.719 billion yuan last month.

cls.cnJan 15 07:53

Goldman Sachs' investment ratings and target prices for China's basic materials stocks (table)

Goldman Sachs published a research report, listing the investment ratings and Target Prices for Chinese basic materials stocks as follows: Stock | Investment Rating | Target Price (HKD) Angang Steel (00347.HK) | Neutral -> Sell | 1.1元 Maanshan Iron & Steel (00323.HK) | Sell | 0.6元 -> 1.1元 China Shenhua Energy (01088.HK) | Neutral | 28元 -> 30元 China Coal Energy (01898.HK) | Neutral -> Sell | 8.6元 -> 7.5元 YANKUANG ENERGY (01171.

AASTOCKSJan 9 11:17