Más de la mitad de las acciones de materiales de construcción y decoración lograron crecer, y la acción de Sankeshu subió un 7.11%

Beijing Business News (Reporter: Zhai Fengrui) On March 30, the renovation and building materials sector saw a modest increase, closing at 16,907.20 points, up 0.74%. Driven by the sector, several renovation and building materials stocks’ share prices rose. Sanmu Tree closed at 52.60 yuan per share, up 7.11%, leading the renovation and building materials stocks. *ST Sitong closed at 8.76 yuan per share, up 5.04%, ranking second among renovation and building materials stocks by gain. Beixin Building Materials closed at 26.02 yuan per share, up 4.33%, ranking third among renovation and building materials stocks by gain. In addition, Songlin Technology closed at 34.53 yuan per share, down 6.37%, leading the renovation and building materials stocks by decline. DINGGU created closed at 30.49 yuan per share, down 6.10%, ranking second among renovation and building materials stocks by decline. Hoolaike closed at 15.22 yuan per share, down 5.76%, ranking third among renovation and building materials stocks by decline.

In a research report, Huafu Securities said that under expectations of accelerated supply-side reform to counter “involution,” the building materials production capacity cycle is expected to reach a turning point. And in terms of expectations, falling interest rates are conducive to restoring homebuyer intent; the centralized procurement and urban renewal (“chenggai”) are helpful to restoring purchasing power. The expected marginal recovery in homebuyer intent and purchasing power is likely to increase the probability that the fundamentals of the real estate market will stabilize, and may also drive a recovery in downstream demand in the real estate post-cycle.