Fullgoal CSI All Share Building Materials ETF

03323

159745

516750

159787

China National Building Material Co (HK:3323) has announced a five-year extension to resolve industry competition through asset restructuring. This follows the termination of a previous restructuring and regulatory requirements for maintaining independence from its subsidiaries, Sinoma Science & Technology and China Jushi. The company aims to protect public shareholders while adhering to the original non-competition terms from 2017. The latest analyst rating for HK:3323 is a Buy with a price target of HK$5.90.

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CNBM

Guotai CSI All Share building Materials ETF

E Fund CSI All Share Building Materials ETF

SINOMATECH

CHINA NATIONAL BUILDING MATERIAL CO UNSP ADR EACH REPR 50 ORD

China National Building Material Seeks Five-Year Extension to Resolve Industry Competition via Restructuring

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Anhui Conch Cement Company has revised its procurement arrangement with Conch Material Technology, setting the annual cap for cement grinding aids at RMB 780 million and RMB 160 million for concrete and other admixtures. This connected transaction, due to its association with the controlling shareholder, complies with Hong Kong Listing Rules, avoiding the need for independent shareholder approval. The latest analyst rating for Anhui Conch Cement (HK:0914) is a Buy, with a price target of HK$31.00.

CONCH CEMENT

CONCH MAT TECH

Anhui Conch Cement Raises Connected-Party Cap on Cement Admixtures Procurement

Recently, CONCH CEMENT has experienced a sharp rebound, with a price increase of over 31%. The MACD daily bullish signal has significantly strengthened, with the fast and slow lines showing a clear upward divergence, indicating that the medium-term buying power is still being released. The trading volume was approximately HKD 191 million, which has significantly increased compared to the previously sluggish volume levels, indicating a recovery in market participation. From the moving average system, the short-term moving averages have formed a bullish arrangement with a steep slope, and the trend confirmation characteristics are evident, leaning towards a positive overall pattern. On the news front, the infrastructure sector has recently seen a flurry of positive developments. Domestic policies to stabilize growth continue to be intensified, and the accelerated issuance of local special bonds is driving expectations for a recovery in cement demand. China Resources Land rose over 6% on the day, while Henderson Land increased nearly 5%, with the real estate and infrastructure chain performing actively, providing supportive linkage for the building materials sector. Meanwhile, as a leader in the building materials industry, CONCH CEMENT's cost control capabilities and market share advantages are more resilient in the early stages of industry recovery, and institutional expectations for its profit recovery are warming up. Recently, the Hong Kong Stock Connect funds have increased their allocation to building materials-related targets. From a technical perspective, after consecutive rebounds, the stock price has moved far away from the short-term moving average support, and the deviation rate between the 5-day moving average and the stock price is relatively large, indicating a technical demand for a pullback to the moving average in the short term. If a mild volume contraction pullback occurs today and stabilizes near the 5-day moving average, it would represent a healthy continuation pattern of the upward trend. Attention should be paid to the pressure levels of the previous dense trading area above, as the ability to break through will determine the continuity of the rebound. Sustained volume expansion is a necessary condition for maintaining the bullish pattern

Technical Forecast

CHINA RES LAND

HENDERSON LAND

Pre-market trend | CONCH CEMENT (0914.HK) strong rebound continues with increased volume on May 6, has the main upward wave of the building materials leader started?

512200

SRVR

US new home sales have increased for the second consecutive month, rising 7.4% in March following an 8.9% increase in February. Despite this growth, sales remain below December 2025 levels, with a year-over-year increase of 3.3%. The median new home price dropped significantly from $407k to $387.4k, the lowest since July 2021. Sales surged in the South by 11.1%, while the Northeast also saw a rebound. Homebuilders are attracting buyers through incentives and price cuts, improving affordability amid rising mortgage rates.

ZeroHedge

China Southern CSI All Share Real Estate ETF

Pacer Data & Infrastructure Real Estate ETF

iShares US Real Estate ETF

Vanguard Real Estate ETF

iShares US Digital Infrastructure and Real Estate ETF

Schw Us Reit

SPDR S&P Homebuilders

Real Est Select Spdr

Direxion Homebuilder & Supp Bull 3X

iShares Residential and Multisector Real Estate ETF

iShares US Home Construction

Hoya Capital Housing ETF

Yinhua CSI Interior Real Estate Theme ETF

Invesco Building & Contruction ETF

US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March

600585

At yesterday's close, Conch Cement established a bearish MACD signal on the daily chart, with the short-term trend shifting from oscillation to a weaker stance. The total trading volume for the day was approximately HKD 58 million, indicating light trading activity, and investor interest in this cement leader remains low. As a benchmark enterprise in the building materials industry, Conch Cement's performance is often seen as a "barometer" for infrastructure investment expectations. The current weakening of technical indicators may suggest insufficient market confidence in infrastructure efforts. On a macro level, Hong Kong's GDP growth in the first quarter was strong, with export value increasing by 32% year-on-year; however, this reflects more of a trade and financial services-driven effect, with limited impact on the demand for construction materials in the mainland

Pre-market trend | CONCH CEMENT (0914.HK) 5/4 trading volume is sluggish, can infrastructure stocks show improvement?

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Huaxin Building Materials Group Co., Ltd. reported a strong financial performance for Q1 2026, with revenue increasing by 24.4% to RMB 8.91 billion. Profit before tax surged by 149.49%, and net profit attributable to shareholders rose by 169.39% to RMB 630.1 million. Operating cash flow improved significantly to RMB 866 million. Basic earnings per share reached RMB 0.30, while total assets grew to RMB 81.91 billion. The company, listed in Hong Kong and Shanghai, focuses on cement and related products for the construction market.

HX BLDG MAT

Huaxin Building Materials

Huaxin Building Materials Posts Strong Profit Surge in First Quarter of 2026

Anhui Conch Cement Company reported a decline in Q1 2026 results, with revenue falling 10.45% year-on-year to RMB 17.07 billion and net profit down 18.98% to RMB 1.47 billion. Operating cash flow decreased by 35.28%. Despite these drops, total assets and shareholders’ equity remained stable. The company will publish its quarterly report in PRC newspapers on April 30, 2026. Analysts currently rate the stock as a Buy with a price target of HK$31.00.

Anhui Conch Cement Posts Lower Q1 2026 Profit and Revenue Amid Weaker Operating Cash Flow

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In a report released yesterday, from Bank of America Securities maintained a Sell rating on China Resources Building Materials Technology Holdings, with a price target of HK$1.20.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks China Resources Building Materials Technology Holdings has an analyst consensus of Moderate Buy, with a price target consensus of HK$1.88.

CR BLDG MAT TEC

Bank of America

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

China Resources Building Materials Technology Holdings (CJRCF) Gets a Sell from Bank of America Securities

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Asia Cement (China) Holdings Corporation reported a quarterly loss of RMB81.3 million for the period ending March 31, 2026, compared to a profit last year. Revenue fell to RMB1.02 billion from RMB1.15 billion, with gross profit halving due to weaker sales and increased distribution costs. The company also faced losses from joint ventures and higher finance costs, indicating ongoing challenges in the cement market and raising investor concerns about profitability and cost management.

ASIA CEMENT CH

Asia Cement (China) Swings to Quarterly Loss as Revenue and Margins Decline

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Contracts to purchase previously owned U.S. homes rose 1.5% in March, exceeding expectations, according to the National Association of Realtors. However, higher mortgage rates and limited inventory continue to challenge the housing market. The average 30-year fixed mortgage rate increased to 6.38% due to rising Treasury yields amid geopolitical tensions. Existing home sales hit a nine-month low, and housing affordability remains a critical issue ahead of the midterm elections. Homebuilder sentiment also fell to a seven-month low, reflecting concerns over rising energy costs in construction.

Fullgoal CSI All Share Building Materials ETF(516750.SH)

China National Building Material Seeks Five-Year Extension to Resolve Industry Competition via Restructuring

Anhui Conch Cement Raises Connected-Party Cap on Cement Admixtures Procurement

Pre-market trend | CONCH CEMENT (0914.HK) strong rebound continues with increased volume on May 6, has the main upward wave of the building materials leader started?

US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March

Pre-market trend | CONCH CEMENT (0914.HK) 5/4 trading volume is sluggish, can infrastructure stocks show improvement?