Anhui Conch
Shares in Anhui Conch are being shorted at a level five times higher than that seen earlier in the year, prompting concerns over the future of cement share prices. China’s cemen...
Anhui Conch
87 posts · Page 4 of 9
China: Anhui Conch most shorted stock amid economic concerns
Shares in Anhui Conch have become the most shorted on the Hong Kong stock exchange as doubts grow over the sustainability of China’s property boom, Bloomberg reports. Disagreeme...
SDIC new projects in Indonesia
State Development & Investment Corp (SDIC), China’s largest State-owned investment holding company by fund volume, has plans to expand its investment portfolio over the next fiv...
Indonesia: Chinese plant begins production in West Papua
A new cement plant funded by China’s State Development and Investment Corporation (SDIC) has begun operations in the Indonesian state of West Papua, China Daily reports.
China: Anhui Conch profits down 29% for 1H2016
In its trading statement for the first six months of 2016, Anhui Conch has reported that its net revenues fell one per cent YoY to CNY24bn (US$3.6bn), while profits slipped furt...
Anhui Conch
Anhui Conch has missed out on the chance to acquire Lafarge India, despite its offer of INR95bn (US$1.4bn) coming in higher than the winning bid. A deal was finally struck with ...
Conch offer shows price just one factor in Lafarge deal
China’s Anhui Conch lost out in the race to acquire Lafarge India despite the fact that its offer of INR95bn (US$1.4bn) was higher than the INR94bn bid submitted by Nirma Group,...
Deadline day reached for Lafarge India bids
Today (4 July) sees the passing of the deadline by which bidders must submit binding offers for Lafarge India's assets. According to press sources, five companies – three domest...
West China Cement shares drop by one third in single day’s trading
Hong Kong-listed West China Cement (WCC) has seen its shares fall by 32.7 per cent in a single day, wiping US$350m off the value of the company, Bloomberg reports.
India: Five bidders still in running for Lafarge
The Financial Express reports that Lafarge India has reduced the number of bidders vying to acquire its assets to a shortlist of five: Cemex, Anhui Conch Cement, JSW Cement, Pir...