China Chengtong accelerates the integration of its papermaking business, Yueyang Forest & Paper plans to "recycle" old assets worth 1.28 billion|Quick announcement
①China Chengtong integrates the papermaking business, mcc meili cloud computing industry investment and yueyang forest & paper are both making moves; ②Yueyang Forest & Paper plans to acquire a pulp company spun off years ago for 1.28 billion in cash / money market; ③The target has had stable profits in the past two years, but Yueyang Forest & Paper's operation continues to be under pressure; ④The target was spun off by Yueyang Forest & Paper in 2015 due to poor performance.
After a public announcement shook the market, shandong chenming paper's AH stock prices both plummeted today, with many banks stating that there is currently no crediting cooperation.
①Affected by related news, shandong chenming paper's AH stocks opened with significant declines today. ②As a star enterprise in shandong, shandong chenming paper once became a key target for banks' public relations and investments. ③Several bank representatives told the China Finance News that there is currently no crediting cooperation with shandong chenming paper. Some banks still have ongoing collaborations, but their exposure is continuously being reduced.
Insurance capital is intensively increasing stakes in dividend stocks! What is the reason?
Currently, there are quite a few shareholders of insurance funds that hold more than 5% of the circulating shares of listed companies. In addition to some being unlocked restricted shares, there have also been many actions of shareholding and new stakes taken, with at least 14 instances of such actions this year.
"Is life as fragile as paper"? Product price drops + debt defaults, former leading shandong chenming paper group suspends production on a large scale | Announcement in Brief
① Shandong Chenming Paper has 2.394 billion in debt overdue, and over 70% of its production capacity is restricted; ② The company blames its difficulties on industry impacts, but its performance significantly lags behind competitors; ③ The company's production halt has led to a shortage of coated paper, which may help boost the coated paper market; ④ Besides papermaking, the company also has a sizable financing leasing business; ⑤ As early as 2023, its financing leasing business has already faced a crisis.
No more 'selling by the catty'! Wind power self-discipline convention 'full moon' industry chain companies see the dawn.
① One month after signing the industry self-discipline convention, several recent projects have been awarded to bidders who did not offer the lowest price, and the bidding party has begun to modify the rules, indicating that the wind power industry is showing signs of breaking away from intense competition; ② Industry insiders indicate that all links of the wind power industry chain still need to continue making efforts, considering the economic benefits generated throughout the entire lifecycle rather than short-term costs, solidifying the results of breaking out of the intense competition.
Market style rotation! China United Network Communications leads the surge starting with the middle letter.
With the arrival of a new round of adjustments, will the market's strong trend turn bad?