China Sunsine Chemical Holdings

Monday (July 2): A plunge in the prices of raw material could turn in favour of China Sunsine if the producer of rubber chemicals manages to maintain average selling prices (ASPs) for its rubber accelerators, resulting in better gross margins.

SINGAPORE (June 25): It has been another tough week for global stocks. The escalating trade rhetoric between the US and China is hurting investor confidence, especially in perceived riskier and export-reliant emerging markets. 

SINGAPORE (May 23): China-focused materials stocks China Sunsine Chemical Holdings and Delong Holdings are leading the way, as the sector generated a market capitalisation-weighted total return of 32.9% year-to-date in 2018.

SINGAPORE (Apr 30): Phillip Securities is maintaining China Sunsine Chemical at “buy” with higher target price of $1.97 given China is strengthening the enforcement of environmental protection policies and rules.

SINGAPORE (Apr 27): CIMB is maintaining China Sunsine Chemical Holdings at “add” after the manufacturer of rubber accelerators reported a record set of 1Q18 earnings.

SINGAPORE (Apr 25): China Sunsine Chemical, the producer of rubber accelerators, reported a more than doubling of 1Q18 earnings to RMB149.5 million ($31 million) from a year ago.

SINGAPORE (Apr 5): CIMB is reiterate its "add" on China Sunsine Chemical on sustained high selling prices, better payment terms and production expansion.

SINGAPORE (Feb 28): China Sunsine Chemical Holdings, the specialty rubber chemicals producer, reported 4Q earnings doubled to RMB132 million ($27.6 million) from a year ago.

SINGAPORE (Feb 12): China Sunsine Chemical Holdings, the world’s largest producer of rubber accelerators, has issued a positive profit alert saying it expects to report a substantial increase in net profit for 4Q17 and the full year period.

SINGAPORE (Feb 5): China Sunsine Chemical Holdings has been one of our portfolio’s top-performing stocks, gaining 20.8% since we bought it just two weeks ago, thanks in part to a growing number of brokers who have since started covering the company.