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[Brokerage Focus] CITIC SEC expects 2025 to be a turning point year for China's Steel Industry, maintaining the industry's "outperforming the market" rating.
Jinwu Financial News | CITIC SEC estimates that 2025 will be a turning point year for the Steel Industry in China. The first quarter of 2025 is expected to become a long-term performance turning point for the Steel Industry. The bank states that supply-side reform is an important policy guarantee after the Steel Industry enters a reduction phase. The Steel Industry is a typical overcapacity industry, and due to the large scale of steel production in China, the difficulty of further integration has increased after ten years of consolidation following 2015. 'Promoting integration and restructuring, and pushing the exit of backward and inefficient capacity' is a pressing task for the Steel Industry. To achieve such results, supply-side reform is imperative. The Steel Industry is expected to enter
CHONGQING IRON: 2024 ANNUAL REPORT
Hong Kong stock morning report | E-commerce platforms have completely canceled "refund only" policy. Wei Long Mei Wei plans to invest 1 billion yuan to build a new factory.
① E-commerce platforms fully cancel "refund only" policy. ② The IMF lowers the 2025 global economic growth forecast from 3.3% at the beginning of the year to 2.8%. ③ The Ministry of Industry and Information Technology solicits public opinions on the "Guide to the Construction of Comprehensive Standardization System for Cloud Computing (2025 Version)." ④ The Ministry of Industry and Information Technology: More than 100 national and industry standards will be developed and revised to establish a standard system for Intelligent Manufacturing that adapts to the development of new industrialization by 2026.
Chongqing Iron & Steel: First Quarter Report 2025
2025 First Quarter Report
Announcement of operating data for the first quarter of 2025
Many Still Looking Away From Chongqing Iron & Steel Company Limited (HKG:1053)
