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Trades about 65% below its sector, cheaper than its peers on earnings.
China Pipe Group Limited functions as an investment holding firm primarily engaged in the distribution of construction materials across Hong Kong, Macau, and mainland China. The company provides a comprehensive range of products, including copper tubes, ductile iron, and steel pipes with their accompanying fittings. Additionally, it handles the wholesale, retail, and logistical aspects of these piping systems, related merchandise, and offers various services and tailored solutions. Its clientele comprises contractors, design professionals, consultants, and governmental bodies. Established in 1949 and headquartered in Mong Kok, Hong Kong, the company rebranded in June 2021, changing its name from Softpower International Limited to its current designation.
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