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Hong Kong stocks are moving differently | Cement stocks are among the top gainers as the cement prices continued to rise year-on-year and month-on-month in October. Institutions claim that there is still significant room for recovery in cement PB.
Cement stocks have increased significantly. As of the time of writing, cnbm (03323) rose by 7.96%, trading at 3.39 HKD; bbmg corporation (02009) increased by 6.33%, trading at 0.84 HKD; conch cement (00914) went up by 5.35%, trading at 21.65 HKD; huaxin cement (06655) increased by 3.31%, trading at 7.8 HKD; westchinacement (02233) rose by 3.13%, trading at 1.32 HKD.
What You Need To Know About The Anhui Conch Cement Company Limited (HKG:914) Analyst Downgrade Today
Hong Kong stocks fluctuate | Cement stocks fell in the afternoon, cement production hit a new low again. Institutions expect more supply control policies to be introduced in the future.
Cement stocks fell across the board in the afternoon. As of the time of this report, cnbm (03323) fell 4.76%, trading at 3.2 HKD; westchinacement (02233) fell 3.01%, trading at 1.29 HKD; conch cement (00914) fell 2.8%, trading at 20.85 HKD; cr bldg mat tec (01313) fell 2.55%, trading at 1.91 HKD.
Anhui Conch Cement Revises Logistics Contract Cap
Hong Kong stock concept tracking | Cement enterprises in Shandong Province will stagger production for 120 days starting from November 15. The cement industry is expected to see a simultaneous increase in quantity and price (with concept stocks attached).
The cement industry is expected to usher in a turning point where both quantity and price rise in the fourth quarter.
Guolian Securities: Cement "off-season not light" in 24Q3, price center may continue to rise
In the third quarter of 2024, in most regions, the staggered increase in cement intensity continues to increase, with the industry's supply and demand situation gradually improving. Cement prices continue to rise slightly, showing a certain "off-season not light" characteristic. Both industry profits on a month-on-month and year-on-year basis have improved.
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