Cement stocks were generally higher. As of press release, Western Cement (02233) rose 16.5% to HK$1.2; China Resources Building Materials Technology (01313) rose 4.51% to HK$1.39; and China Building Materials (03323) rose 3.44% to HK$3.01.
The Zhitong Finance App learned that cement stocks were generally higher. As of press release, Western Cement (02233) rose 16.5% to HK$1.2; China Resources Building Materials Technology (01313) rose 4.51% to HK$1.39; China Building Materials (03323) rose 3.44% to HK$3.01; and Conch Cement (00914) rose 1.8% to HK$18.06.
Hualong Securities said that since the recovery in overall market demand is still weak, the implementation of price increases in some regions is poor, and companies in some regions continue to cut prices slightly to increase sales, causing prices to fluctuate and decline. Recently, favorable real estate policies have been frequent, which is expected to drive demand recovery in the cement industry.
Galaxy Securities also pointed out that favorable real estate policies have continued to increase recently, which is expected to drive an increase in demand for consumer building materials. Leading consumer building materials companies are continuously adjusting sales strategies and product structures according to market demand to accelerate channel decline and retail business market size, and their market share is expected to continue to increase. It is recommended to focus on leading consumer building materials companies.