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<Research>HSBC Research: Sector Consolidation Acceleration Benefits CONCH CEMENT/ CR BLDG MAT TEC/ Others
CONCH CEMENT (00914.HK)'s acquisition of WESTCHINACEMENT (02233.HK)'s Xinjiang output marks the first major merger in the industry in recent years, achieving a win-win situ...
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<Research>HSBC Research: Sector Consolidation Acceleration Benefits CONCH CEMENT/ CR BLDG MAT TEC/ Others
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CONCH CEMENT (00914.HK)  -0.050 (-0.248%)    Short selling $12.70M; Ratio 17.474%   's acquisition of WESTCHINACEMENT (02233.HK)  +0.020 (+1.325%)    Short selling $11.43M; Ratio 11.024%   's Xinjiang output marks the first major merger in the industry in recent years, achieving a win-win situation, HSBC Global Research issued a research report saying.

The valuation gap has previously limited industry consolidation, but this may set a precedent for the market. If industry consolidation accelerates, leading companies like CONCH CEMENT and CR BLDG MAT TEC (01313.HK)  0.000 (0.000%)    Short selling $1.55M; Ratio 5.772%   are expected to benefit the most, both of which are rated at Buy, with target prices of $26.9 / $2.4 respectively.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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