China

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China Shanshui to issue senior notes, China

China Shanshui to issue senior notes, China

China 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...

Jidong Cement net profit rises 9%

Jidong Cement net profit rises 9%

Tangshan Jidong Cement Co. Ltd, based in Hebei Province, China, has stated that its net profit rose 9%YoY to CNY1.53bn in 2011. Meanwhile, operating revenue surged by 42.15% to ...

CNBM seeks CNY15bn listing, China

CNBM seeks CNY15bn listing, China

China National Building Material (CNBM) China National Building Material (CNBM), hopes to list in Shanghai this year, according to local press reports.

Taiwan Cement ‘cautiously optimistic’

Taiwan Cement ‘cautiously optimistic’

Taiwan Cement Corp (TCC), which is fast-expanding in the China cement market, expects demand to pick up gradually this year in its two main markets, after it reported a 20 per c...

Allied Cement net profit drops, China

Allied Cement net profit drops, China

Allied Cement Holdings Ltd, based in Shandong Province and Shanghai, said net profit declined 54.8 per cent YoY in 2011 to HK$ 76.16m. However, sales increased 60.7% YoY to HK$ ...

China: broad recovery in demand anticipated

China: broad recovery in demand anticipated

Analysts said Thursday that Chinese cement and building-material firms are seeing a broad recovery in demand and have forecast cement prices to rise throughout the year, as warm...

Credit Suisse lowers BBMG Corp target price

Credit Suisse lowers BBMG Corp target price

Credit Suisse lowered its target price for BBMG Corporation to HK$9.6 from HK$11.9, and maintained its "outperform" rating. The research house said the China-based producer repo...