Time to Get Defensive on Chinese Cement: Short CNBM/Long Anhui Conch

Cement Synergies: A Look at CNBM's Sinoma Acquisition

Anhui Conch Cement: A Sustainable Recovery

Anhui Conch Cement's 1Q Results In Line; Lower Product Prices Weigh on Margin

Emerging markets PM, economist, CFA charterholder

Mark A. DeWeaver, PhD, CFA

Event-Driven

China National Materials Company / Event-Driven

China National Materials Company (1893 HK)

<ul>
<li>“One belt-one road,” supply-side structural reforms, and green development initiatives have become major growth drivers for Sinoma’s Shenzhen and Shanghai-listed subsidiaries.</li>
<li>Their businesses include cement and glass fiber production and cement-plant construction.</li>
<li>China National Building Materials will be acquiring controlling stakes in these companies at steep discounts to their market values as part of its takeover of Sinoma.</li>
</ul><p><a href="https://www.smartkarma.com/entities/12022" target="_blank" data-smartkarma-citation="entities:12022:1">China National Materials Company Limited (1893 HK)</a> (Sinoma) released…</p>


“One belt-one road,” supply-side structural reforms, and green development initiatives have become major growth drivers for Sinoma’s Shenzhen and Shanghai-listed subsidiaries.
Their businesses include cement and glass fiber production and cement-plant construction.
China National Building Materials will be acquiring controlling stakes in these companies at steep discounts to their market values as part of its takeover of Sinoma.
China National Materials Company Limited (1893 HK) (Sinoma) released…

China National Building Material (3323 HK)

Ningxia Building Materials Group (600449 CH)

Sinoma International Engineering (600970 CH)

Sinoma Science & Technology Co., (002080 CH)

シノマの上場子会社はCNBMにとってお買い得