Express News | Anhui Liuguo Chemical has won a bid for a million-ton gypsum order.

BreakingsJan 10 14:43

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.

Gelonghui FinanceJan 9 12:32 · Ratings

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

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...

AASTOCKSJan 9 10:52

Express News | Market news: Anhui Conch Materials Technology's IPO on the Hong Kong Stock Exchange is priced at 3 HKD per share, issuing 0.145 billion shares.

BreakingsJan 8 22:39

Goldman Sachs has upgraded the ratings of CONCH CEMENT and CHINAHONGQIAO to neutral.

Gelonghui, January 8 | Goldman Sachs upgraded the rating of CONCH CEMENT A shares to neutral, with a Target Price of 27 RMB; the rating of CHINAHONGQIAO was also upgraded to neutral, with a Target Price of 10.50 HKD.

Gelonghui FinanceJan 8 20:52