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With the trend of urban renewal, the growth curve of china lesso (2128.HK) is becoming more clear.
With the surge in urban population and the increasing pressure on urban space, urban renewal is not only related to the sustainable development of the city, but also a key factor in stimulating economic vitality and improving residents' quality of life. In 2021, the Government Work Report and the "14th Five-Year Plan" jointly proposed to implement urban renewal actions, making urban renewal an important component of the national global strategy. The Prospective Industry Research Institute predicts that the investment scale of urban renewal work in 2029 will exceed 9 trillion yuan. The enormous market potential is of great significance to the relevant industry chain, and the investment opportunities behind it should not be underestimated. Firstly, the "small pipes" carry the "major livelihood"
Hong Kong stock concept tracking|Real estate market transaction active, institutions highly concerned about cement supply side reform (with concept stocks)
The building materials sector as a whole is still in the slow recovery phase at the bottom, with valuations and positions also at low levels.
Why is China Lesso (2128.HK) favored by major foreign banks in a differentiated market?
Under a series of policy stimuli, the global capital outlook has begun to refocus on China's assets, and the Hong Kong stock market has also experienced a violent surge since the end of September. From September 24th to October 7th, the Hang Seng Index rose by nearly 5000 points, an increase of about 27%. However, a short-term surge often heralds an adjustment, and the actual market has indeed entered a phase of adjustment and differentiation as expected, making it more difficult for investors to choose symbols in the future. Research reports from major banks can often provide us with some reference. Recently, a report from Citigroup caught my attention. Citigroup pointed out in the report that it predicts china lesso 202.
[Hong Kong Stock Connect] China Lesso (02128) rose 4.31%, NDRC strongly supports the renovation of the underground pipe network, and Citigroup raised its target price by 1.25 times.
Kingoro Financial News | China Lesso (02128) fluctuated and strengthened, as of the time of writing, rose by 4.31%, to 3.87 Hong Kong dollars, with a turnover of 62.28 million Hong Kong dollars. On the news front, on October 8, the State Council Information Office held a press conference to introduce the situation related to "systematically implementing a comprehensive package of incremental policies to solidly promote the upward shift of the economy's structure towards improvement and the continued positive development momentum." The person in charge of the National Development and Reform Commission stated that China's city development has entered a stage of balanced emphasis on both incremental construction and stock renewal. In the future, the task of urban transformation and renewal will become increasingly important, featuring the vital "subterranean projects" of cities.
HSBC research: China's market focus may shift from policies to fundamentals, benefiting six industries.
HSBC Research report suggests that the market focus may shift from policy to fundamentals, and market momentum will return to stock selection. The bank details six industries benefitting from stimulus policies. HSBC Research elaborates on six industries benefiting from stimulus policies. From the consumer perspective: baijiu, household appliances, and furniture sub-industries will benefit from future consumption stimulus policies and consumer subsidies for trade-ins. Electronic consumer goods: the industry's supply chain is ready and can benefit from consumption stimulus policies. Industry: widespread equipment upgrades are expected to occur from the second half of this year to next year. Medical equipment: due to increased government public investment in hospital infrastructure to enhance social security
Hong Kong stock market change | China Lesso (02128) rose more than 5% in the morning, Citigroup believes its valuation is attractive, and expects the year-on-year decline in core profits in the second half of the year to narrow.
China Lesso (02128) rose more than 5% in the morning, as of the time of publication, it rose by 5.42%, closing at 4.28 Hong Kong dollars, with a turnover of 50.0945 million Hong Kong dollars.
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