tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Huaxin Cement Completes Strategic Acquisition to Expand Market Influence

Story Highlights
Huaxin Cement Completes Strategic Acquisition to Expand Market Influence

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Huaxin Cement Co., Ltd. Class H ( (HK:6655) ) just unveiled an announcement.

Huaxin Cement Co., Ltd. has completed a major acquisition involving the purchase of 100% equity interest in Caricement B.V. and Davis Peak Holdings Limited, making them wholly-owned subsidiaries. This strategic move, finalized on August 29, 2025, consolidates the financial results of these entities into Huaxin’s group, potentially increasing its market share and influence in the industry.

The most recent analyst rating on (HK:6655) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on Huaxin Cement Co., Ltd. Class H stock, see the HK:6655 Stock Forecast page.

More about Huaxin Cement Co., Ltd. Class H

Huaxin Cement Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the cement industry. The company focuses on the production and distribution of cement and related products, serving various construction and infrastructure markets.

Average Trading Volume: 22,222,983

Technical Sentiment Signal: Buy

Current Market Cap: HK$32.47B

See more data about 6655 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1