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Here's Why West China Cement (HKG:2233) Is Weighed Down By Its Debt Load
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.
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.
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.
Building materials and cement stocks are weak, Conch Cement (00914) fell by 3.34%, In late October, the national cement market demand slightly weakened month-on-month.
Jingu Finance News | Building materials stocks are weak, with Conch Cement (00914) falling by 3.34%, Huaxin Cement (06655) falling by 2.39%, Westchinacement (02233) falling by 1.6%, Asia Cement (China) (00743) falling by 1.26%, China National Building Materials (03323) falling by 0.6%. Gtja stated that in late October, the national cement market demand slightly weakened compared to the previous month, mainly due to the northern regions entering the off-peak season one after another, about to start the winter staggered production cycle; demand in the southern regions remains stable, aiming to improve profits in the final demand period and continue to drive prices upwards.
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