Changes in Hong Kong stocks | China Heart Link Fertilizer (01866) rose more than 3% at the end of the session, Hong Kong Stock Connect's shareholding ratio continued to rise, and new production capacity opened up room for growth

Zhitongcaijing · 1d ago

The Zhitong Finance App learned that China Heart Link Fertilizer (01866) rose more than 3% at the end of the session. As of press release, it rose 3.26% to HK$10.13, with a turnover of HK$34.9995 million.

According to the news, on September 7, China Heart Link Chemical Fertilizer was officially included in the Hong Kong Stock Connect. After the opening of the southbound capital channel, the company's market attention continued to increase, and expectations for improved liquidity were gradually realized. According to the data, as of September 23, the company's Hong Kong Stock Connect shareholding ratio had increased to 2.66%. As more domestic and foreign institutional investors enter the field of vision, the increase in the company's market value and liquidity is expected to support its business expansion and long-term value release.

According to public information, China Heart Link Chemical Fertilizer is the leading domestic urea and compound fertilizer. SDIC Securities International said that looking ahead, the Xinxiang base and Zhundong base projects will be completed and put into operation in the third quarter and fourth quarter of this year, respectively. After completion, the total urea production capacity will exceed 8 million tons/year, compound fertilizer will exceed 6 million tons/year, and the overall fertilizer production capacity will rise to more than 14 million tons. As additional production capacity is put into operation one after another, the scale effect will further dilute unit production costs.