Cement News tagged under: China Shanshui Cement
JPMorgan sells 2.18m shares in Shanshui Cement, China21 June 2012, Published under Cement NewsJPMorgan Chase & Co has sold 2.18 million shares in China Shanshui Cement Group Ltd at HK$ 5.48 per share on 11 June, media reported, citing information released by the Hong Kong Stock Exchange. |
Deutsche Bank buys 20.54 mln shares in Shanshui Cement, China08 June 2012, Published under Cement NewsDeutsche Bank AG acquired 20.54 million shares in China Shanshui Cement Group Ltd at HK$ 5.47/share and for a total of HK$112m on May 28th, sources reported, citing information released by the Hong Kong Stock Exchange. After the purchase Deutsche Bank's stake in Shanshui Cement increased by 0.73% to 7.66%. (Source: China Business Newswire) |
China Shanshui launches US$400m bond, China19 April 2012, Published under Cement NewsChina Shanshui Cement Group has launched a US$400m dollar bond to yield 10.5%, a person familiar with the matter told Dow Jones Newswires on Thursday. The planned five-year bond will be callable after three years, the person said. Initial price thoughts had suggested a yield in the "high 10s." Credit Suisse, Deutsche Bank, HSBC and JP Morgan are joint bookrunners and lead managers on the planned Rule 144a/ Reg S senior notes, which are provisionally rated BB-minus by Fitch Ratings and Sta... |
China Shanshui seeks to price dollar bond, China17 April 2012, Published under Cement NewsChina Shanshui Cement Group Ltd is seeking to price a benchmark US dollar bond to yield in the "high 10s," a person familiar with the matter told Dow Jones Newswires on Tuesday. Credit Suisse, Deutsche Bank, HSBC and JP Morgan are joint bookrunners and lead managers on the planned Rule 144a/ Reg S senior notes, which are provisionally rated BB-minus by Fitch Ratings and Standard & Poor's Ratings Services. |
Fitch revises China Shanshui Cement Outlook11 April 2012, Published under Cement NewsFitch Ratings has revised China Shanshui Cement’s Outlook to Positive from Stable. The Outlook reflects an “improved competitive landscape in Shandong, Shanshui’s core market and the company’s reduced capex plans,” Fitch said in a statement. Discipline to stablise selling prices by adjusting production levels by key Chinese cement industry improved in 2011, especially in regional markets with strong concentration like the Shandong Province, Fitch notes. The top two cement producers in thi... |
China Shanshui to issue senior notes, China10 April 2012, Published under Cement NewsChina Shanshui Cement said it proposes to conduct an international offering of senior notes and would commence a series of roadshow presentations beginning on or around 11 April 2012 to institutional investors in Asia, Europe and the United States. Deutsche Bank, HSBC and J.P. Morgan have been appointed as joint lead managers and joint bookrunners. The pricing of the notes, including the aggregate principal amount, the offer price and interest rates, will be determined through a book build... |
Deutsche Bank raises stake in Shanshui Cement, China02 April 2012, Published under Cement NewsDeutsche Bank acquired 33.09 million shares in China Shanshui Cement Group Ltd at HK$ 5.55 apiece and for a total of HK$ 184m last Friday, China Business Newswire reported, citing information released by the Hong Kong Stock Exchange. After the purchase Deutsche Bank's stake in Shanshui Cement increased by 1.18% to 9.36%. |
China Shanshui revenues rise 42%, China26 March 2012, Published under Cement NewsChina Shanshui Cement Group which operates mainly in the Shandong and Liaoning Provinces in China, said sales growth of 42.2% to CNY16,862m for the 12 months ended 31 December 2011. Gross profit surged by 99.2% to CNY5079m and profit attributable to equity shareholders of the Company soared 127.3% to CNY2225m. Basic earnings per share reached CNY0.79, up 125.7% compared with last year. Commenting on the peformance, Zhang Bin, Vice Chairman and General Manager of Shanshui Cement, said: ... |