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Goldman Sachs pointed out in a report that ANHUI CONCH (00914.HK)  0.000 (0.000%)    Short selling $62.05M; Ratio 25.896%   's net profit for the first three quarters increase 52% to RMB8.172 billion, which was in line with its estimate. Despite that cement price in eastern China dropped 6% in the third quarter, the company achieved a year-on-year profit growth for the single quarter. In addition, the company's net debt ratio further declined from 19% at the end of 2013 to 11%.

The research house still chose ANHUI CONCH as the industry's top pick and included it into the Conviction Buy list for H-shares. Target price was set at $34.9.

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