Hong Kong stocks unusual movement | cnbm (03323) fell more than 11%, leading the decline in cement stocks. The demand in the downstream market is relatively weak, making it difficult to implement price increase actions.

Cement stocks lead in decline. As of the time of publication, CNBM (03323) fell by 11.28% to HKD 2.91; Conch Cement (00914) fell by 9.57% to HKD 20.8; CR Bldg Mat Tec (01313) fell by 7.07% to HKD 1.84; Asia Cement (00743) fell by 6.72% to HKD 2.5.

Zhitong Finance23:34 ET

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Moomoo NewsOct 7 03:10 ET

Hong Kong stock market anomaly | China United Network Communications (00762) rose nearly 9%, leading the telecommunication sector with industry revenue recovery exceeding expectations. The scale of emerging businesses continues to expand.

The telecommunication sector rose in the afternoon, as of the deadline, China United Network Communications (00762) rose by 8.79%, to HK$7.67; China Telecom (00728) rose by 5.36%, to HK$4.91; China Mobile (00941) rose by 2.78%, to HK$77.6; Chinacomservice (00552) rose by 2.47%, to HK$4.57.

Zhitong FinanceOct 7 02:55 ET

China's Telecom Services Sector Revenue Jumps 2.7% in January-August

MT NewswiresOct 2 04:49 ET