China's Glassmakers Set To Reap Benefits Of Building

Date: 5 December 2007
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.

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600450 China's Glassmakers Set To Reap Benefits Of Building
Date: 5 December 2007

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