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Citic sec consumer building materials 2025 investment strategy: Profit margin and valuation level usher in mean reversion.
With the policy of "promoting the stabilization of the real estate market" as the core goal, achieving this goal is of great significance for the valuation repair of the consumer building materials sector.
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.
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.
BBMG Wins Land Use Rights in Beijing's Tongzhou District
bbmg corporation announced the acquisition of real estate projects
BBMG Corporation (02009) announced that its wholly-owned subsidiary, Beijing Jingyu Jiaye Real Estate Development Co., Ltd. (hereinafter referred to as Jingyu Jiaye), recently obtained the "Beijing State-owned Construction Land Use Right Listing Confirmation Letter." Jingyu Jiaye successfully bid for the R2 residential land-use right of Shed Area Renovation Project FZX-0202-6025 on the west side of Tuqiao Middle Road, Tongzhou District, Beijing through public bidding. The total land area is 0.0215 million square meters, with an above-ground construction area of 0.0474 million square meters, and a transaction price of 1.196 billion yuan. The land is designated for residential use.
BBMG Acquires Stake in Strategic Investment Move