China's Glassmakers Set To Reap Benefits Of Building

It's no secret that the Chinese are building many buildings and buying many cars. Companies like Hong Kong-listed China State Construction International Holdings and Shenzhen-listed Chongqing Changan Automobile are reporting double-digit percentage gains in net profit.

A hidden component in this boom is the glassmakers that supply windows for the buildings and windshields for the autos. Until recently, they had been lagging behind the higher-profile end-product makers because of overcapacity and skittish markets.

Now, analysts say the glass industry is poised to break out, and its prospects for growth, though possibly limited, are only beginning.

Read the entire story on the source link below.

600450 China's Glassmakers Set To Reap Benefits Of Building glassonweb.com

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