03323 CNBM
- 2.880
- -0.030-1.03%
CNBM News
Hong Kong stocks fluctuate | Cement stocks collectively decline, multiple cement enterprises continue to shut down in June, and cement shipments continue to operate weakly.
Cement stocks collectively fell, as of press time, Dongwu Cement (00695) fell 4.66%, to HKD 1.84; CR Building Materials Technology (01313) fell 3.55%, to HKD 1.36; China National Building Materials (03323) fell 2.82%, to HKD 3.1.
Building materials and cement stocks are weak. Shanshui Cement (00691) fell by 12.16%, restricted by rainy weather and tight funds. Cement demand remains low.
Jingu finance news | Building materials and cement stocks are weak, with Shanshui Cement (00691) falling by 12.16%, Dongwu Cement (00695) falling by 5.7%, CR Building Materials Technology (01313) falling by 3.55%, China National Building Material (03323) falling by 2.51%, and BBMG Corporation (02009) falling by 1.52%. According to data cited by Minsheng Securities, demand remained low due to rainy weather and tight funding. As for prices, as of May 31, the cement price index was 113.82, up 2.5% from the previous week but down 10.1% year-on-year. As for shipments, heavy rain in South China and its surrounding areas continued to affect major engineering projects.
Huatai Securities: Optimistic about carbon reduction and transformation or speeding up the concentration of building materials
The bank believes that the release of this action plan is expected to strengthen the regulation of production capacity in the building materials industry, promote the implementation of energy-saving transformation in the building materials and construction industry, and accelerate the integration of photovoltaics in buildings and the construction of large scenic bases. It is recommended to focus on companies related to cement, engineering transformation, and power engineering.
Singapore Widens Its Pool of Carbon Credits to Offset Emissions
Companies in Singapore can tap a larger pool of carbon credits to offset up to 5% of their taxable emissions after the city-state signed a bilateral agreement with Ghana.
Hong Kong Stock Concept Tracking | Cement Prices Rise, Building Materials Industry Value Revaluation (with concept stocks)
Since May, cement prices have risen in Northeast China, Central China, South China, and Southwest China. As of last Friday, the average price of cement nationwide reached 372 yuan/ton, up about 12 yuan from the beginning of the month, a record high since the second quarter.
Changes in Hong Kong stocks | Cement stocks collectively adopt high-tech national standards to help cement price increases, supply pressure on the industry is expected to ease
The Zhitong Finance App learned that cement stocks rose collectively. As of press release, Asia Cement (China) (00743) rose 17.57% to HK$2.61; China Resources Building Materials Technology (01313) rose 4.73% to HK$1.55; Conch Cement (00914) rose 2.91% to HK$20.15; Huaxin Cement (06655) rose 2.48% to HK$8.25; China Building Materials (03323) rose 1.51% to HK$3.36. According to the news, recently, the range of price increases in the domestic cement market has continued to expand. Last week, East China announced the prices of cement and clinker
Changes in Hong Kong stocks | Cement stocks continue to decline, cement demand is relatively weak, and the industry may still be oversupplied this year
Cement stocks continued to decline. As of press release, Dongwu Cement (00695) fell 3.83% to HK$1.76; China Resources Building Materials Technology (01313) fell 3.27% to HK$1.48.
[Hong Kong Stock Connect] China Building Materials (03323) fell 4.5%, HSBC research indicates that this year's profit will be pressured by weak cement business
Jinwu Financial News | The stock price of China Building Materials (03323) was weak. As of press release, it was HK$3.36, down 4.55%, with a turnover of HK$65.2066 million. According to the news, HSBC Global Research and Development reports that due to the weakness of the cement business, China Building Materials's profit is expected to bottom out after falling by about 25% year-on-year, and profits are expected to recover starting next year. The reason is that cement profit margins are stabilizing; the overseas cement business is expanding; and the new materials business is growing moderately. According to the bank, the company's profit this year will be pressured by weak cement business. It is expected that cement profit margins will stabilize next year, and its diversified business portfolio will drive future growth. This line
SDIC Securities: The new real estate policy goes hand in hand, and the collection and storage of state-owned assets is expected to accelerate and continue to be optimistic about the performance of building materials in the good production chain
The real estate industry has ushered in major favorable policies. Purchase restrictions have been relaxed in many places, and mortgage relaxation policies have exceeded expectations. Trade-in and state-owned assets collection and storage are expected to accelerate. The sales side and financing side are taking multiple measures together to help the building materials industry recover demand and improve repayments, and priority benefits for consumer building materials in the real estate chain.
Changes in Hong Kong stocks | Cement stocks have collectively declined, and many provinces have extended peak periods, and the industry's oversupply situation may continue
Cement stocks fell collectively. As of press release, Dongwu Cement (00695) fell 4.3% to HK$1.78; China Building Materials (03323) fell 3.66% to HK$3.42; and China Resources Building Materials Technology (01313) fell 1.3% to HK$1.52.
Hong Kong Stock Concept Tracking | Real estate policy support continues to strengthen the bottom of the cement and building materials sector (with concept stocks)
Mergers and acquisitions of large cement companies have formed an oligopoly pattern to achieve active removal of production capacity.
Changes in Hong Kong stocks | China Building Materials (03323) rose more than 7%, leading the way in cement stocks, mainstream cities successively optimized purchase restriction policies, and there is not much room for further cement price cuts
Cement stocks were higher in early trading. As of press release, China Building Materials (03323) rose 7.43% to HK$3.47; Conch Cement (00914) rose 6.67% to HK$20.8; China Resources Building Materials Technology (01313) rose 5.56% to HK$1.52; and Huaxin Cement (06655) rose 4.61% to HK$8.39.
Guoxin Securities: Building materials valuations and holdings are all in a position to focus on expected sectors and individual stock recovery opportunities
Guoxin Securities released a research report saying that the Politburo meeting set the policy direction of “resolving stocks and optimizing incremental growth”. Mainstream cities have successively optimized purchase restriction policies, which are expected to reverse pessimistic real estate expectations to a certain extent. Currently, fundamentals have not improved significantly, and market confidence will take time to recover. Subsequent support policies are still expected to be further strengthened. The valuations and positions of the building materials sector are at a low level. Concerned about the valuation repair opportunities of leading consumer building materials and some individual stocks that have surpassed the decline.
Changes in Hong Kong stocks | China Resources Building Materials Technology (01313) rose nearly 8%, leading the way in cement stocks, cement price increases are expected to increase in the profitability of the cement industry
Cement stocks had the highest gains in early trading. As of press release, China Resources Building Materials Technology (01313) rose 7.97% to HK$1.49; China Building Materials (03323) rose 7.4% to HK$3.34; Conch Cement (00914) rose 4.22% to HK$19.76; and Huaxin Cement (06655) rose 3.63% to HK$7.43.
Changes in Hong Kong stocks | Cement stocks generally rose today in April, cement prices rose in many provinces and cities, and favorable real estate policies continued to be introduced
Cement stocks generally rose today. As of press release, China Resources Building Materials Technology (01313) rose 5.34% to HK$1.38; China Building Materials (03323) rose 4.81% to HK$3.05; and Asia Cement (00743) rose 3.48% to HK$2.08.
[Hong Kong Stock Connect] China Building Materials (03323)'s net loss in the first quarter increased to 1.35 billion yuan
Jinwu Financial News | China Building Materials (03323) announced that the net loss attributable to shareholders of listed companies in the first quarter of 2024 was 1.35 billion yuan (RMB, same below) in the first quarter of 2024. The loss increased, and the loss was re-listed at 526 million yuan in the same period last year. Revenue for the period was 37.021 billion yuan, a year-on-year decrease of 16.22%.
CNBM To Go Ex-Dividend On May 3rd, 2024 With 0.2524 HKD Dividend Per Share
April 30th - $CNBM(03323.HK)$ is trading ex-dividend on May 3rd, 2024. Shareholders of record on May 6th, 2024 will receive 0.2524 HKD dividend per share on June 28th, 2024. The ex-dividend date i
China National Building Material 1Q Rev CNY37.02B Vs. CNY44.19B >3323.HK
China National Building Material 1Q Rev CNY37.02B Vs. CNY44.19B >3323.HK
中國建材：2024年第一季度報告
China Building Materials (03323): Tianshan Materials (000877.SZ) net loss to mother in the first quarter was about 1,923 billion yuan, an increase of 56.21% year-on-year
China Building Materials (03323) announced Tianshan Materials (000877.SZ)'s 2024 first quarter results, business...
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