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China Resources Cement Holdings ( (HK:1313) ) has issued an update.
China Resources Cement Holdings has successfully completed the issuance of its 2025 First Tranche Medium-Term Notes, raising RMB2 billion at a coupon rate of 2.12% per annum. The proceeds from this issuance will be used to repay domestic bank loans, potentially strengthening the company’s financial position and operational capabilities in the competitive building materials sector.
The most recent analyst rating on (HK:1313) stock is a Buy with a HK$2.40 price target. To see the full list of analyst forecasts on China Resources Cement Holdings stock, see the HK:1313 Stock Forecast page.
More about China Resources Cement Holdings
China Resources Cement Holdings is a company incorporated in the Cayman Islands, primarily engaged in the building materials industry. It focuses on the production and distribution of cement and related products, serving a significant market in China.
YTD Price Performance: 19.62%
Average Trading Volume: 17,948,724
Technical Sentiment Signal: Hold
Current Market Cap: HK$13.2B
For detailed information about 1313 stock, go to TipRanks’ Stock Analysis page.