[Brokerage Focus] Tianfeng believes that the decline in Cement demand is expected to narrow, Bullish on the upward elasticity of domestic Cement enterprises' profits in 2025.

Jinwu Financial News | Tianfeng Securities released a research report indicating that the firm believes that in 2025, due to the advancement of real infrastructure workloads and the solidification of new real estate construction, the decline in cement demand is expected to narrow. On the supply side, efforts will gradually intensify. In the short term, staggered production remains the most effective means of adjusting supply-demand balance. As the restrictions on overproduction policies gradually tighten in 2025, companies exiting small and medium capacities through compensating for excess production indicators will lead the industry to begin to achieve genuine capacity clearance. Starting in 2027, the industry will enter a stage of deepening and refining carbon trading, and the effects of capacity optimization in the industry are expected to become more apparent. The firm stated that in October, the East China Yangtze River Delta...

Jinwu Financial NewsDec 24 13:24

【Brokerage Focus】HAITONG INT'L: The first foray into Latin America is steady, and it is a good time for Chinese Cement companies to expand abroad.

Jinwu Financial News | HAITONG INT'L Research points out that recently Huaxin Cement (06655) announced plans to acquire 100% equity of symbol A for 0.1866 billion USD (Hold 60% equity of symbol B), and 40% equity of symbol B; after the acquisition is completed, symbol B will become a wholly-owned subsidiary of the company, and its performance will be consolidated into the company's financial statements. The firm noted that the target company's location is in Brazil, the largest country in Latin America. The company mainly engages in aggregate Business, and has not yet entered the cement Assets; the firm believes that operating an aggregate plant in Brazil will help the company gain a deeper understanding of Brazil's culture, language, and market, serving as an ideal springboard for further development in Brazil.

Jinwu Financial NewsDec 19 14:49

Huaxin Cement Unit to Buy Stake in Two Firms

MT NewswiresDec 17 17:53

[Brokerage Focus] China International Capital Corporation pointed out that the active changes on the Cement supply side may drive a significant improvement in prices.

Jinwu Financial News | China International Capital Corporation stated that positive changes on the supply side of Cement may lead to a significant improvement in prices. In November, the national Cement production was 0.169 billion tons, a year-on-year decrease of 10.7% and a month-on-month decrease of 3.2%, mainly affected by the colder weather in the north; from January to November, the national Cement production cumulatively fell by 10.1%. The bank believes that the debt reduction policy is expected to provide strong support for Cement demand expectations in 2025. In addition, the Industry is also looking forward to more supply-side reform policies, such as Carbon Trading and capacity replacement, which are expected to bring profound changes on the supply side in the long term. Driven by dual positive policy expectations on both supply and demand.

Jinwu Financial NewsDec 17 14:02

Hong Kong stock market afternoon review | The three major Indexes have all fallen, with the technology Index dropping by 0.49%; the 5G Sector and Lithium Battery Sector show strength against the trend, ZTE soaring over 7%, and BYD shares rising over 2%.

Network Technology stocks fell, with Alibaba-W dropping 1.48% and JD-SW declining 1.25%; Building Materials stocks generally declined, with CHINA TIANRUI falling 9.09% and CONCH CEMENT down 2.79%; Hong Kong Retail Stocks rose, with BONJOUR HOLD decreasing 4.74% and PRADA increasing 2.66%.

Futu NewsDec 17 12:17

Huaxin Cement (06655.HK) intends to acquire a Brazilian aggregate business company for 0.1866 billion USD.

On December 16, Gelonghui reported that Huaxin Cement (06655.HK) announced that on December 16, 2024, the buyer (a wholly-owned subsidiary of the company) and the seller (an independent third party) signed a share purchase agreement. Consequently, the buyer conditionally agreed to acquire, while the seller conditionally sold 100% of the shares of the target company A ITATUBA PARTICIPA??ES LTDA and 40% of the shares of the target company B EMBU S.A. ENGENHARIA E COMéRCIO, with a total consideration of approximately 0.1866 billion US dollars (subject to financial adjustments on the date of delivery).

Gelonghui FinanceDec 16 18:58