UBS raises China Resources target price, maintains ‘buy’ rating
UBS has raised its target price for China Resources Cement to HK$7.3 from HK$6 and maintained its ‘buy’ rating. The research house expects the South China cement market to r...
China Resources Cement
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China Resources net profit increases 43.6% in 2013
China Resources Cement Holdings Ltd earned a net profit of CNY3.34bn (US$544m) in 2013, a YoY increase of 43.6 per cent, the company announced on Friday. Meanwhile, operating...
Guangdong Tapai Group and China Resources sign cooperation agreement
Guangdong Tapai Group has reached an all-round strategic cooperation agreement with China Resources Cement Investment. According to reports by Sinocast, the two parties will st...
CRC profit alert, China
China Resources Cement said the group's profit attributable to the owners of the company for the year ended 31 December 2013 is expected to be substantially higher compared wit...
China Resources Cement vice chairman of the board resigns
Yu Zhongliang has resigned from his position as vice chairman of the board, executive director and member of the executive committee of China Resources Cement (CRC), effective ...
Daiwa raises CRC target price, China
Daiwa Research raised its target price for China Resources Cement (CRC) to HK$6.6 from HK$5.95, and retained its "buy" rating. The research house cited management noting tha...
Positive view on China Resources-Fujian Energy collaboration
Daiwa Research holds positive view on China Resources Cement's agreement with state-owned Fujian Energy to jointly develop and expand the cement and concrete business in Fujian...
China Resources Cement 1H13 profit rises
China Resources Cement (CRC) said yesterday that its net profit attributable to shareholders of the company increased 80.35 per cent YoY to HK$1.15bn (US$148.29m) in the first ...
UBS cuts China Resources Cement target price
Investment bank UBS has trimmed its target price for China Resources Cement (CRC) to HKD4.85 from HKD5.5. The company's stock, however, has been upgraded from ‘neutral’ to ‘buy...
China Resources Cement in talks with Fujian Cement over joint venture
Two leading China-based cement producers, China Resources Cement and Fujian Cement, are reported to be in discussions to set up a joint venture grinding plant as well as a sale...