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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.
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.
Green Economy Development Limited Announces President's Resignation
GREEN ECONOMY (01315.HK): Wei Mingde resigns as the company's president.
Gelonghui, March 25th丨GREEN ECONOMY (01315.HK) announced that due to the need for more attention and energy to be invested in his own Other Business work, Wei Mingde has resigned as President of the company, effective March 21, 2025.
JPMorgan CEO: The USA economy is still in a soft landing stage, but the bottom 20% of the population is living very miserably.
Jamie Dimon, the CEO of JPMorgan, the largest bank in the USA, stated that the USA economy is still in a soft landing phase, "but there is a lot of turbulence." On Wednesday local time, during the annual conference of the Technology company Adobe held in Las Vegas, Dimon spoke with the company's CEO Shantanu Narayen and said, "Tariffs will definitely have both advantages and disadvantages, and you will see panic around the world." He mentioned that there is also uncertainty regarding the tax plan proposed by Trump. Dimon also expressed concern about the impact of geopolitical tensions and turmoil on the economy. "I personally believe that things are happening in the world."
Brokerage morning meeting highlights: remain bullish on Publishing and AI+Education investment opportunities.
In today's Brokerage morning meeting, Zhongtai stated that it remains Bullish on Publishing and AI+Education investment opportunities; CITIC SEC pointed out that it is important to focus on the valuation increase of the Education Sector; China Securities Co.,Ltd. noted that the price increase of Cement and fiberglass continues, and the timing for allocating cyclical sectors has arrived.