Hong Kong Stock Anomalies | Cement Stocks Rise Broadly Across the Board, Cement Prices Increased in Multiple Regions Nationwide, Strong Enterprise Price-Hike Sentiment

Cement stocks are generally rising. As of the latest report, China National Building Material (03323) increased by 2.8%, trading at HKD 5.88; Huaxin Cement (06655) rose by 1.91%, at HKD 17.09; Anhui Conch Cement (00914) gained 1.4%, at HKD 23.18; China Resources Cement Technology (01313) increased by 0.59%, at HKD 1.71.

According to data from China Cement Network’s Market Data Center, after the Lantern Festival, workers are gradually returning to work. Coupled with recent consistently good weather conditions, construction progress across various regions has significantly accelerated, and demand for cement has steadily rebounded compared to earlier periods. Additionally, current prices are in the low range, and factors such as rising production costs in some areas have strengthened companies’ willingness to raise prices. Recently, many regions across the country have begun notifying price increases. Around March 12, major companies in Hefei, Wuhu, Tongling, Chizhou, Xuancheng, and Ma’anshan in Anhui Province started to notify an increase of about 20 yuan per ton for cement and clinker, with regional peers gradually following suit. Besides, regions such as Zhejiang, Jiangsu, Henan, and parts of Qinghai have also announced price hikes for cement.