HSBC lifts Holcim to overweight from neutral, saying it sees a buying opportunity in cement stocks after a recent falling of share prices. The bank also sees a robust recovery in return on invested capital at Holcim. It reduces target to CHF77 from CHF80.
Siam City Cement plans Hon Chong expansion
Siam City Cement PLC (SCCC) is considering an expansion of its Hon Chong cement plant in Vie...