Express News | CNBM Group has signed a Global Strategy cooperation agreement with Suzhou City and Suzhou Laboratory.
Express News | Develop and grow Patience Capital, the National New Venture Capital Fund sets sail.
Express News | The start of the National Venture Capital Fund, with a first phase scale of 10 billion yuan.
The State-owned Assets Supervision and Administration Commission makes an important statement! It concerns the Market Cap management and restructuring of central enterprises.
Latest deployment.
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%.
Express News | The State-owned Assets Supervision and Administration Commission of the State Council: Continuously improve and strengthen Market Cap management, and optimize the management of state-owned equity in listed companies.
Express News | The State-owned Assets Supervision and Administration Commission of the State Council: By 2025, continuously improve the quality of centrally-owned listed companies, and promote the strengthening, optimization, and expansion of state-owned capital and sta
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%.
CNBM announced that Liu Yan resigned as Director.
CNBM (03323) announced that on January 16, 2025, it received Mr. Liu Yan's resignation letter, as Mr. Liu has resigned from the position of executive Director due to a work adjustment. The company also received Mr. Xiao Jiaxiang's resignation letter on January 16, 2025, as Mr. Xiao has resigned from the position of non-executive Director due to retirement.
CNBM (03323.HK) subsidiary Tianshan Materials warns of a loss of at least 0.4 billion yuan for the entire year.
CNBM (03323.HK) announced that its subsidiary Tianshan Materials (000877.SZ) issued an earnings warning, expecting a loss ranging from 0.4 billion to 0.8 billion yuan for the fiscal year 2024, compared to a profit of 1.965 billion yuan in the previous year. This is mainly affected by a significant decline in market demand, a substantial decrease in the selling price and sales volume of Cement clinker, leading to reduced gross profit of Cement clinker; and the decrease in the unit cost of Commodity concrete being lower than the decline in unit selling price, resulting in a decrease in gross profit of Commodity concrete.
CNBM (03323): Liu Yan resigns as Director.
CNBM (03323) announced that on January 16, 2025, Mr. Liu Yan submitted his resignation.
CNBM (03323): Sinoma Science & Technology (002080.SZ) expects the net profit attributable to the parent company in 2024 to decrease by 57.26% to 71.48% year-on-year.
CNBM (03323) announced that its subsidiary Sinoma Science & Technology (002080.SZ) is expected to have...
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%.
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%.
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.
CNBM (03323): The company will publicly issue Technology innovation CSI Enterprise bonds (Phase 1), with a face interest rate of 1.74% in 2025 aimed at professional investors.
CNBM (03323) announced that the company will publicly issue Technology innovation enterprise bonds aimed at professional investors in 2025...
Major bank ratings丨Goldman Sachs: Expectation of stable recovery in cement and steel demand, upgrading the ratings of CONCH CEMENT and CNBM.
Gelonghui January 9 | Goldman Sachs published a Research Report stating that with the acceleration or stabilization of domestic demand and the regular recovery of supply, it will support corporate product pricing and profit margins. It is believed that the performance of most Chinese CSI Commodity Equity Index will improve compared to last year. The bank estimates that in 2025, demand for industrial metals such as Copper and Aluminum in China will generally decline by 3.5% to an increase of 3%, compared to a decline of 10.2% to an increase of 4.4% in 2024, showing significant improvement. Among them, industrial metals like Copper and Aluminum are expected to benefit from policy support for the growth in demand for Electric Vehicles, home appliances, Consumer Electronics, and the robust development of Wind Power and the grid.
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.
Goldman Sachs upgraded the rating of CONCH CEMENT (00914.HK) and Aluminum (02600.HK) to "Buy" and downgraded the rating of Ansteel (00347.HK) and Zhongmei (01898.HK) to "Sell".
Goldman Sachs published a Research Report indicating that as domestic demand accelerates recovery or stabilizes, along with orderly recovery of supply, it will support product pricing and profit margins for companies. It is believed that most of China's CSI Commodity Equity Index will show improvement this year compared to last year. The firm estimates that in 2025, demand for China's CSI Commodity Equity Index will generally decline by 3.5% to increase by 3%, compared to a decline of 10.2% to an increase of 4.4% in 2024, showing significant improvement. Among them, Industrial Metals such as Copper and Aluminum are expected to benefit from policy support for the growth in demand for electric vehicles, home appliances, Consumer Electronics, as well as the robust development of Wind Power and the power grid. The firm also stated that infrastructure...
CNBM plans to issue no more than 2 billion yuan in CSI Enterprise bonds.
CNBM (03323) announced that CNBM Co., Ltd. (hereinafter referred to as the "issuer," "company," or "CNBM") has obtained approval from the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") for the public issuance of company bonds totaling no more than 20 billion yuan (inclusive of 20 billion yuan) with document number "Zhengjian Xuke [2023] No. 137". In 2025, CNBM Co., Ltd. will publicly issue technology innovation bonds for professional investors (Phase I) (hereinafter referred to as "the current bonds"), which is the sixth phase of this bond issuance.