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Silver International gives Chinese building materials and Asian cement buying rating

Source: Internet
Author: User
Keywords Hong Kong dollar Hong Kong dollar and Bank of Exchange International said that the target prices were
Tags asp bank of china buy rating demand exchange integration it is
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Looking at the latest quotes January 22, the Bank of China issued a report today, to give Chinese building materials and Asian cement buy rating, the target price of 21.8 Hong Kong dollar and HK $7.3 respectively. The strong FAI growth in 2010 will evolve into actual cement demand, the bank said, and it is believed that the Government is determined to eliminate excess capacity within a year, and that large cement companies will be supported by policies to support integration activities. At the same time, Asian cement production capacity growth of up to 60%, but also the performance of Chinese building materials is expected, because the eastern region of the ASP performance strong, from the South China Cement recorded gross margin may bring surprises to the market.

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