According to the Zhitong Finance APP, Citibank released a research report stating that it has raised the target price for CR Bldg Mat Tec (01313) from 1.7 Hong Kong dollars to 2 Hong Kong dollars, maintaining a “buy” rating. The bank raised its profit forecast for the company by 1% this year, and 8% and 19% for the next year and the following year, reflecting the increase in cement and clinker selling prices and gross profit from this year to 2026. It also forecasts the company's profit from this year to 2026 to be 4% to 18% lower than the market.

The bank cited the management as saying that cement prices in Guangdong Province are expected to rise next month, based on peak season factors, the impact of heavy rain in the second quarter on project demand, and the decrease in transportation capacity of the West River starting at the end of September, affecting the supply from Guangxi to Guangdong. The management also pointed out that the scale of cement producers in Guangxi is relatively small compared to those in eastern provinces, and their cash conditions are not as good as those of their eastern counterparts. They have a stronger willingness to support cement prices, and most producers in the region can only make a profit after the cement price increase in June.