BRIEF: Conch Materials slumps, ContiOcean rises in two Hong Kong trading debuts
Fine chemical materials supplier Anhui Conch Material Technology Co. Ltd. (2560.HK) slumped, while maritime environmental protection equipment provider ContiOcean Environmental Tech Group Co. Ltd. (2613.HK) rose, in two separate Hong…
IPO-bound Anhui Conch Material’s fate cemented to construction industry
The cement admixture producer has bucked recent construction industry weakness, but dependence on an affiliate could be the biggest hurdle on its path to a Hong Kong listing Key Takeaways:…
Asia Cement hardens into loss column with no relief in sight
The company swung into the red in the first quarter as weak demand from China’s struggling property market pushed cement prices to fresh lows Key Takeaways: Asia Cement warned it…