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.
CNBM (03323) plans to issue csi enterprise bond index of no more than 2 billion yuan.
cnbm (03323) announced that the company plans to issue China National Building Materials Co., Ltd. 2024 targeted at professional investors...
Fitch: Mainland stimulus measures help stabilize demand for basic materials, but challenges remain.
Fitch Ratings expects that the real estate stimulus measures recently announced in the mainland will help stabilize the demand for basic materials, boost manufacturers' confidence, and achieve more reasonable pricing. However, weak downstream demand, coupled with a lack of significant capacity reduction, will suppress price increases. The steel industry continues to face challenges, with production in the first nine months of this year decreasing by 4% year-on-year and average selling prices also falling. As downstream activities increase, pushing up the average price, steel producers' profit margins began to rebound in September and continued to rise in October. However, the industry believes that without production control, the widening of profit margins will not be sustainable. As for cement, production in the third quarter was due to demand.
CNBM Unit to Buy Factory Buildings, Assets From Affiliate
CNBM Unit to Increase Stake in Composite Material Firm
China National Building Material's Subsidiaries to Form JV for Rock Fiber Boards Production Line