The State-owned Assets Supervision and Administration Commission strengthens market cap management of controlling listed companies; unprofitable central enterprises are expected to gain a competitive edge.
The State Council's State-owned Assets Supervision and Administration Commission recently issued several opinions on improving and strengthening the Market Cap management of centrally held listed companies. It emphasizes the importance of addressing the issue of listed companies trading below net asset value, incorporating the solution to this long-standing problem into the annual key work, guiding long-term undervalued listed companies to formulate and disclose valuation enhancement plans, and supervising their implementation.
Zhejiang Construction Investment Group plans to fully hold shares of multiple subsidiary companies. Chengdu State-owned Assets will exit as a shareholder after four years.
1. The performance has greatly declined, and Zhejiang Construction Investment Group is seeking equity acquisition; 2. The company plans to achieve full ownership of three subsidiaries; 3. The trade funds come from issuing shares to the controlling shareholder; 4. Chengdu State-owned Assets, the trading partner, invested 1 billion four years ago; 5. The target company's performance has significantly declined this year.
Planning to acquire assets related to the semiconductor industry! The concept stocks of the lithography company with a market value of 7 billion will be suspended from trading starting tomorrow. | Highlights of the post-market announcement
4 days on the board, anhui xinli finance: conch cement plans to reduce its shareholding by no more than 5.1272 million shares.
A large order of $2 billion! China State Construction Engineering Corporation Joint Venture won the bid for the development project of the historical city in Saudi Arabia.
China State Construction Engineering Corporation recently won the development project of the historic city of Diriyah in Saudi Arabia, and has signed the largest single development contract to date with the developer. The contract is worth $2 billion and is expected to begin construction in the northern area of Diriyah's ancient city in the third quarter of 2024.
Has the Middle East become a “nugget” hotspot for A-share companies? In the past week, Lin Yang Energy and others have intensively won big orders from the Middle East
① Recently, several companies such as Linyang Energy, China Construction, Seiko Steel, and Jerry Co., Ltd. issued announcements announcing the signing of important orders or projects in the Middle East region, which has become a new trend in the “going overseas” boom. ② The above companies all have a certain layout in the Middle East market, and their overseas portion accounts for a significant proportion of their revenue, which shows that they have a certain degree of competitiveness in overseas markets. Currently, their expansion into the Middle East market has been further strengthened.
[Looking at the data] Northbound capital increases positions, and many cyclical stock institutions exceed 100 million yuan to grab high-tech development
① Cyclical stocks such as Zijin Mining, Luoyang Molybdenum, and China Aluminum all received net purchases from northbound capital, of which Zijin Mining received a net purchase of 460 million yuan. ② The computing power concept stock Hi-Tech Development, which had previously declined for 3 consecutive trading days, was bought out of 124 million by two institutions.