--- title: "Hong Kong stock movement: WS-SK TARGET surged 21.17%, with clear capital flow; what risks are hidden behind the high market sentiment?" type: "News" locale: "en" url: "https://longbridge.com/en/news/280116983.md" description: "WS-SK TARGET surged 21.17%; Conch Cement fell 6.92%, with a transaction amount of HKD 302 million; China National Building Material fell 7.29%, with a transaction amount of HKD 277 million; Western Cement fell 5.50%, with a transaction amount of HKD 110 million; Huaxin Cement fell 6.61%, with a market value of HKD 29.1 billion" datetime: "2026-03-23T07:31:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280116983.md) - [en](https://longbridge.com/en/news/280116983.md) - [zh-HK](https://longbridge.com/zh-HK/news/280116983.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280116983.md) | [繁體中文](https://longbridge.com/zh-HK/news/280116983.md) # Hong Kong stock movement: WS-SK TARGET surged 21.17%, with clear capital flow; what risks are hidden behind the high market sentiment? **Hong Kong Stock Movement** WS-SK TARGET surged 21.17%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** Anhui Conch Cement fell 6.92%. Based on recent key news: 1. On March 23, Zhitong Finance reported that the domestic cement market demand recovery has slowed due to widespread rainy weather, leading to a decline in Anhui Conch Cement's stock price. The national cement shipment rate fell by 13.20 percentage points year-on-year, affecting market confidence. 2. On March 23, Zhongyou Securities pointed out that the conflict between the U.S. and Iran has led to rising oil prices, increasing cost pressures for construction materials, which affects the profit expectations of companies like Anhui Conch Cement. 3. On March 20, Anhui Conch Cement signed a project design and technical service contract with Anhui Conch Design Institute. Despite the positive news, it failed to offset the negative impact of the overall market weakness. The cement industry faces weak demand, with limited infrastructure support. China National Building Material fell 7.29%. Based on recent key news: 1. On March 23, due to widespread rainy weather, the domestic cement market demand recovery has slowed, leading to a general decline in cement stocks. China National Building Material's stock price fell by 6.53%, closing at HKD 4.87. Zhitong Finance 2. On March 20, a subsidiary of China National Building Material, China National Materials, announced a 1.03 times increase in profit last year. Despite the impressive performance, concerns about the overall weak demand in the cement industry remain. Economic Information Agency 3. On March 20, Guosheng Securities pointed out that the structural characteristics of the cement market are prominent, with "strong infrastructure and weak housing construction." The weak housing construction market dragged down the overall shipment volume year-on-year, and financial difficulties remain a core constraint. Zhitong Finance The cement industry faces weak demand, with limited infrastructure support. Western Cement fell 5.50%. Based on recent key news: 1. On March 23, cement stocks generally fell, with Western Cement down 5.05%. The domestic cement market demand recovery has slowed due to widespread rainy weather, leading to a decline in stock prices. The national cement shipment rate fell by 13.20 percentage points year-on-year, indicating weak market demand. 2. On March 20, the structural characteristics of the cement market are evident, with "strong infrastructure and weak housing construction." The direct supply of infrastructure has nearly doubled month-on-month, but the weak housing construction market has dragged down the overall shipment volume year-on-year, and financial difficulties remain a core constraint. 3. On March 20, cement prices in some regions have adjusted to the bottom range, and prices are expected to maintain a slight fluctuation and adjustment trend in the future. The national cement terminal average price including tax fell by HKD 56.50 per ton year-on-year, and market price fluctuations affect investor confidence. The cement market faces weak demand, with limited infrastructure support. **Stocks with High Market Capitalization in the Industry** Huaxin Cement fell 6.61%, with a market capitalization of HKD 29.1 billion, and no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [WS-SK TARGET (08427.HK)](https://longbridge.com/en/quote/08427.HK.md) ## Related News & Research - [Huaxin Building Materials Liu Fengshan resigned as executive director, vice president](https://longbridge.com/en/news/281055814.md) - [China National Building Material Seeks Mandate for 10% H-Share Buyback](https://longbridge.com/en/news/281183988.md) - [CNBM Subsidiary Tianshan Material Restates Accounts Without Group-Level Impact](https://longbridge.com/en/news/281103022.md) - [Construction material firms raise prices as energy costs surge](https://longbridge.com/en/news/281112936.md) - [CICC Sticks to Its Buy Rating for CIMC Enric Holdings (CIMEF)](https://longbridge.com/en/news/281132485.md)