No Data
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.
Express News | Hongda Blasting and Huawei officially released the achievements of self-driving cars construction.
The CSRC has issued guidelines on market cap management, requiring listed companies to improve their profitability.
To implement the "State Council's Opinions on Strengthening Supervision, Preventing Risks, and Promoting the High-Quality Development of Capital Markets," further guide listed companies to pay attention to their investment value, effectively enhance investor returns, the China Securities Regulatory Commission issued the "Guidelines for the Supervision of Listed Companies No. 10 - Market Cap Management," which will be implemented from the date of publication. The "Guidelines" require listed companies to improve their company quality, enhance operational efficiency and profitability based on actual situations, and lawfully and compliantly utilize methods such as mergers and acquisitions, stock-based incentives, employee stock ownership plans, cash dividends, investor relations management, information disclosure, share repurchases, etc., to promote the reasonable investment value of listed companies.
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.
Hong Kong stocks fluctuate | Cement stocks fell across the board 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 in the afternoon. As of the time of this report, cnbm (03323) was down 4.76%, trading at 3.2 Hong Kong dollars; westchinacement (02233) fell 3.01%, trading at 1.29 Hong Kong dollars; conch cement (00914) decreased by 2.8%, trading at 20.85 Hong Kong dollars; cr bldg mat tec (01313) declined by 2.55%, trading at 1.91 Hong Kong dollars.
HSBC Research downgrades the target price of Conch Cement (00914.HK) to 27.4 yuan, while raises the target price of CR Bldg Mat Tec (01313.HK) to 2.4 yuan.
HSBC research report indicates that mainland cement prices continue to rise due to supply-side control and seasonal demand improvement, while new production capacity replacement regulations set stricter limits on excess production, helping accelerate industry consolidation. The bank expects that under continued supply control, profits will improve, preferring conch cement (00914.HK) h shares and cr bldg mat tec (01313.HK). HSBC research predicts that demand will continue to decline; however, there have been positive and sustainable changes on the supply side, mainly due to industry participants willing to cooperate to maintain reasonable gross margins. This will be for the fourth quarter of 2024 and 2025.
No Data
No Data