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    000709   CNE000000H20

HBIS COMPANY LIMITED

(000709)
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China steel shares mostly up after Trump launches probe

04/20/2017 | 10:30pm EDT

SHANGHAI (Reuters) - Shares in Chinese steel companies were mostly up in morning trade on Friday despite U.S. President Donald Trump's decision to order a probe into whether imports of foreign-made steel hurt U.S. national security.

Baoshan Iron & Steel Co's (>> Baoshan Iron & Steel Co Ltd) shares were up 0.3 percent at around 0211 GMT (10:11 p.m. ET), while shares in Angang Steel (>> Angang Steel Company Limited) and Baotou Steel (>> Inner Mongolia BaoTou Steel Union Co.,) had risen about 1 percent. Hesteel (>> Hesteel Co Ltd) advanced earlier in the morning but was trading flat by 0211 GMT.

(Reporting by John Ruwitch; Editing by Michael Perry)


ę Reuters 2017
Stocks mentioned in the article
ChangeLast1st jan.
AMP LIMITED -1.38% 1.075 End-of-day quote.-31.09%
ANGANG STEEL COMPANY LIMITED -3.80% 4.81 End-of-day quote.58.22%
BAOSHAN IRON & STEEL CO., LTD. -4.08% 7.76 End-of-day quote.30.42%
DEERE & COMPANY 0.23% 355.505 Delayed Quote.31.83%
HBIS COMPANY LIMITED -1.49% 2.65 End-of-day quote.18.30%
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD. -3.72% 2.59 End-of-day quote.121.37%
NL ANTILLIAN GUILDER / NL ANTILLIAN GUILDER (ANG/ANG) 0.00% 1 Delayed Quote.0.00%
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Financials
Sales 2021 114 B 17 568 M 17 568 M
Net income 2021 1 765 M 272 M 272 M
Net Debt 2021 - - -
P/E ratio 2021 16,1x
Yield 2021 -
Capitalization 27 393 M 4 225 M 4 226 M
Capi. / Sales 2021 0,24x
Capi. / Sales 2022 0,23x
Nbr of Employees 35 336
Free-Float 36,8%
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Mean consensus UNDERPERFORM
Number of Analysts 2
Last Close Price 2,65 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Bin Xu Vice Chairman & General Manager
Guang Shen Chang CFO, Director & Chief Accountant
Wei Jun Dong Chairman-Supervisory Board
Jian Liu Chairman
Yu Zhu Zhang Independent Director
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