The suspension of navigation in the Strait of Hormuz has led to the stagnation of infrastructure projects and a surge in construction material prices.

Due to the blockade of the Strait of Hormuz, the supply chain for key construction materials has been disrupted, leading to a sharp rise in prices for petroleum-derived products such as coatings and insulation materials. Construction projects around the world have come to a standstill. The construction industry is a vital pillar of global economic growth, contributing approximately 13% of global GDP. However, construction companies have reported that restrictions on oil supplies from the Middle East have caused widespread project delays. Maeda Masatomo, chairman of Hiroshima-based Maeda Housing, stated that about a quarter of the company’s projects have been postponed over the past month. Suppliers are unable to confirm delivery dates for items such as PVC pipes, insulation materials, and prefabricated bathrooms. Builders noted that shortages of any single component, adhesive, or material are sufficient to hinder progress.

Global Market MonitorMay 13 15:39

The Capital Group Companies, Inc. has reduced its holding in Conch Cement (00914) by approximately 7.2624 million shares at an average price of about HKD 20.36 per share.

On May 7, The Capital Group Companies, Inc. reduced its holdings in Anhui Conch Cement (00914) by 7,262,373 shares at an average price of 20.3599 Hong Kong dollars per share, with a total amount of approximately 148 million Hong Kong dollars.

Zhitong FinanceMay 11 19:22

Industrial Securities: Supply and demand patterns in the building materials sub-sector are being reshaped, with successive price hikes driving dual recovery in valuation and performance.

From the demand perspective, cement production continued to decline in the first quarter of 2026, with output in March reaching 123.098 million tons, a year-on-year decrease of 21.0%, reflecting weak short-term demand.

Zhitong FinanceMay 11 10:39

Goldman Sachs has issued a buy list for Hong Kong stocks based on its leading indicator for earnings re-rating (ERLI).

Goldman Sachs issued a report stating that, based on the 'Earnings Revision Leading Indicator (ERLI)' criterion, it has listed the latest buy recommendations for Hong Kong stocks only: Xiaomi-W (01810.HK), PetroChina (00857.HK), Zijin Mining (02899.HK), Techtronic Industries (00669.HK), Lenovo Group (00992.HK), Luoyang钼业 (03993.HK), Huahong Semiconductor (01347.HK), Weichai Power (02338.HK), Luoyang钼业.

AASTOCKSMay 6 12:15

Conch Cement (00914.HK) will release its financial report on April 29.

Hailuo Cement (00914.HK) will release its financial report on April 29. Investors are advised to stay tuned. What about the previous performance? In Q1 2025, the company reported revenue of 19.058 billion yuan, net profit of 1.778 billion yuan, and earnings per share of 0.34 yuan. Niuniu Reminder: 1. There are no mandatory regulations regarding the division of accounting years for companies listed in Hong Kong or the United States. The fiscal year is entirely determined by the enterprise itself. Therefore, any financial reporting period can be considered the end of the company’s fiscal year, without aligning with the calendar year. 2. Generally speaking, the company will hold an earnings conference call on or around the aforementioned financial report release date, where management will discuss the results.

Futu NewsMay 2 03:45

HKEX Announcements Highlights | PetroChina posts over 48 billion yuan in Q1 net profit; New China Life Insurance's Q1 revenue drops approximately 30% year-on-year.

① PetroChina's net profit in the first quarter exceeded 48 billion yuan. How fast was the growth? ② New China Life Insurance's revenue in the first quarter dropped by approximately 30% year-on-year. What was its profitability like?

cls.cnApr 29 20:16