According to the Zhitong Finance APP, cement stocks are collectively rising. As of the time of publication, Dongwu Cement (00695) rose 5.63% to HK$1.69; CR Bldg Mat Tec (01313) rose 5.07% to HK$1.45; WestChinaCement (02233) rose 4.85% to HK$1.08; CNBM (03323) rose 3.57% to HK$2.9; Conch Cement (00914) rose 2.26% to HK$19.02.

Guosen Securities believes that due to the implementation of the new national standard and the continuous staggered production support, inventory has slightly decreased from a high level, and overall prices have continued to rise in June. With the continued weakening of demand in the off-season, especially the significant impact of high-temperature and rainy weather in the south, there will be downward pressure on prices in the future. However, it is expected that the downward space will narrow under the continuous staggered support. In addition, this round of real estate policy is resolute, and subsequent support policies are expected to increase, focusing on investment opportunities in high-quality building materials leading companies and some oversold individual stocks under the expectation of policy repair and recovery.

Tianfeng Securities previously pointed out that from the perspective of profitability, the short-term cement profitability resilience may be the strongest. From a valuation perspective, the current PB percentile of cement companies is basically below the median level of the past three years. Therefore, considering factors such as stock price position and future dividend potential, cement leading companies are the first choice for high-dividend stocks.