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Huaxin Cement Co., Ltd. Class H ( (HK:6655) ) just unveiled an announcement.
Huaxin Cement Co., Ltd. has reported an unusual increase of over 20% in the closing price of its A shares over three consecutive trading days, prompting an announcement to clarify the situation. The company has confirmed that there are no undisclosed material changes in its operations or market environment, and attributes the stock price movement to market dynamics rather than internal developments. The company is operating normally and anticipates a significant year-on-year increase in net profit for the first half of 2025. Additionally, Huaxin Cement is poised to benefit from potential infrastructure projects, although the financial impact remains uncertain.
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 of cement, aggregates, and ready-mix concrete (RMX), and has a presence in the Xizang Autonomous Region of China, enabling it to supply materials for large infrastructure projects.
Average Trading Volume: 11,640,797
Technical Sentiment Signal: Buy
Current Market Cap: HK$34.52B
For detailed information about 6655 stock, go to TipRanks’ Stock Analysis page.