Hong Kong stock concept tracking | In November, cement manufacturing prices increased by 6.2% month-on-month. Institutions are bullish on the valuation repair at the cement inflection point (including concept stocks).
National Bureau of Statistics: In November, the manufacturing price of cement rose by 6.2% compared to the previous month.
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 stock concept tracking | Notices from multiple places including hunan and shaanxi indicate an increase in cement prices. The cement industry is experiencing positive changes in the fourth quarter (attached concept stocks).
In October, demand continues to recover, cement prices are rising. The main reasons for the price increase are driven by profit pressure and better implementation of off-peak production in the industry, leading to an improved supply and demand situation.
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.
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.
Express News | Citic Securities: The substantial increase in cement prices is expected to greatly restore the company's profitability.
haitong sec: Pressure has emerged in the construction industry, looking forward to policy changes.
haitong sec released research reports stating that industry pressure has already emerged, awaiting policy changes.
GHPC: 2024 Interim Report
ghpc (01847.HK) total operating revenue for the first half of the year was approximately 0.354 billion yuan, a year-on-year decrease of approximately 52.1%.
On August 27, Geelong Hui announced that as of June 30, 2024, the group produced and sold 1.079 million cubic meters of ready-mixed concrete, a year-on-year decrease of 53.7%; realized total operating income of approximately 354.2 million yuan, a year-on-year decrease of approximately 52.1%; realized total profit of approximately -24.5 million yuan, a year-on-year decrease of approximately 71.3%; realized net income of approximately -27.9 million yuan, a year-on-year decrease of approximately 163.2%; and realized net income attributable to the owners of the parent company of approximately -25.5 million yuan,
ghpc (01847) announced its interim results, with a net loss attributable to the parent of approximately 25.5 million yuan, a year-on-year increase of 96.2%.
ghpc (01847) announced its mid-term performance for 2024, producing and selling 107.9...
GHPC: 2024 INTERIM RESULTS ANNOUNCEMENT
YCIH Green High-Performance Concrete Expects Wider Loss in H1
GHPC (01847) issued a profit warning, and it is expected that the net loss in the first half of the year will increase by about 27.95 million yuan compared to the same period last year.
GHPC (01847) announced that the group is expected to achieve a net profit of... for the six months ending on June 30, 2024, according to the announcement.
GHPC: PROFIT WARNING
GHPC (01847.HK) will hold a board of directors meeting on August 27th to approve mid-term performance.
GHPC (01847.HK) announced that the board of directors will hold a meeting on August 27, 2024 to consider and approve the mid-term performance of the company and its subsidiaries for the six months ending on June 30, 2024.
GHPC: NOTICE OF BOARD MEETING
Switching from old to new national standards for steel bars causes panic in the market. The Securities Association of China (SAC) has issued six proposals. Industry insiders believe the market has bottomed out.
With the implementation of the new national standard for steel bars in September, the market is in panic about the inventory and sales of the old national standard steel bars. Yesterday, the China Securities Regulatory Commission issued six initiatives to stabilize the market sentiment throughout the industry. Due to the bearish sentiment largely dissipated during the previous period’s decline, construction steel companies have reduced losses and shortages in structural deficiencies in old national standards. Industry insiders expect market prices to bottom out.
Dongxing Securities: Industry pattern optimized, restructuring supply and demand for new balance, leading companies in building materials and other industries ushered in a period of development opportunities.
With the overlay of industry policies, the industry structure will be optimized, and the overall industry supply will be controlled and reduced, which will establish a new balance between industry supply and demand.
Express News | Everbright Securities: despite weak demand, staggered price increases are bullish for the cement sector's relative yield.
Changjiang Securities: Cement continues to push up synergistically, bottom dividend value is showing.
According to a research report by Changjiang Securities, since May, with the continuous losses of small cement companies in the first half of the year, the leading cement companies have changed their strategies, strengthened their self-rescue mentality, and significantly enhanced their willingness to cooperate. From the price performance of the past two months, staggered price increases are still effective, and bottom signals are gradually becoming clear.