Hong Kong stock anomaly | Cement stocks collectively retreat, UBS believes that the construction of Ya Xia hydropower project is a long-term plan, with limited substantive impact on the profitability of cement companies.

The Zhitong Finance and Economics APP learned that cement stocks have collectively fallen back. As of the time of publication, ShanShui Cement (00691.HK) fell by 11.76% to 0.6 Hong Kong dollars; Huaxin Cement (06655.HK) fell by 8.23% to 14.5 Hong Kong dollars; Conch Cement (00914.HK) fell by 4.63% to 23.7 Hong Kong dollars; and Western Cement (02233) fell by 3.7% to 1.82 Hong Kong dollars.