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Hong Kong stock concept tracking|Real estate market transaction active, institutions highly concerned about cement supply side reform (with concept stocks)
The building materials sector as a whole is still in the slow recovery phase at the bottom, with valuations and positions also at low levels.
China Shanshui Cement's Nine-Month Loss Narrows
China Shanshui Cement Faces Continued Financial Challenges
shanshui cement (00691) reported a shareholder's loss of 0.118 billion yuan in the first three quarters, a 37.5% decrease year-on-year.
shanshui cement (00691) released its nine-month performance ending September 30, 2024, with operating income of 109.0...
Building materials cement stocks across the board fell, with Shanshui Cement (00691) dropping by 5.88%. Institutions believe that cement prices lack the momentum for a rebound.
Jingu Financial News | Building materials and cement stocks across the board are declining. As of the time of publication, Shanshui Cement (00691) fell by 5.88%, Dongwu Cement (00695) fell by 5.29%, CNBM (03323) fell by 3.56%, CR Bldg Mat Tec (01313) fell by 3.55%, Huaxin Cement (06655) fell by 3.16%, Conch Cement (00914) fell by 2.48%. In addition, Tungkong International stated that since 2024, due to the real estate market still being in a deep adjustment phase, coupled with the continued slowing down of infrastructure investment growth, the cement industry's overall demand is weak, leading to a decline in domestic cement prices.
Trending Industry Today: CNBM Leads Gains In Building Materials Stocks
Some Investors May Be Worried About China Shanshui Cement Group's (HKG:691) Returns On CapitalNo Data
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