Anhui Conch Cement Receives Significant Investment from Northbound Funds

Anhui Conch Cement sees a substantial buy-in of from Northbound funds, ranking 35th in increased holdings.

Anhui Conch Cement Receives Significant Investment from Northbound Funds
Photo by Christian Lue / Unsplash

China - On January 26, data from JRL Financial showed that Northbound funds increased their holdings in Anhui Conch Cement by an estimated 64.77 million yuan on January 25.

This investment places Anhui Conch Cement at the 35th position in terms of increased holdings. The total market value held by these funds in Anhui Conch Cement now stands at 2.197 billion yuan, accounting for 2.43% of the circulating shares.

This significant investment reflects the growing confidence of Northbound funds in Anhui Conch Cement, a leading player in the cement industry. The company's strong market position and potential for growth have attracted this substantial investment, indicating a positive outlook for its future performance.

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Source: Jinrongjie