tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Huaxin Cement Rebrands to Huaxin Building Materials Group

Story Highlights
Huaxin Cement Rebrands to Huaxin Building Materials Group

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) ) has issued an announcement.

Huaxin Building Materials Group Co., Ltd. has officially changed its name from Huaxin Cement Co., Ltd. to reflect a broader focus on building materials. The company completed the necessary registration procedures for the name change and obtained a new business license. This change signifies a strategic shift in the company’s market positioning, potentially impacting its operations and stakeholders. Further announcements regarding the registration of the new name and changes to the stock short name for trading on the Hong Kong Stock Exchange will be made in due course.

The most recent analyst rating on (HK:6655) stock is a Buy with a HK$20.50 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 Building Materials Group Co., Ltd., formerly known as Huaxin Cement Co., Ltd., is a company incorporated in the People’s Republic of China. It operates in the building materials industry, focusing on the production and supply of cement and related products.

Average Trading Volume: 9,909,978

Technical Sentiment Signal: Buy

Current Market Cap: HK$44.39B

Find detailed analytics on 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