Stocks in the Hong Kong market are moving differently, with cement stocks leading the gains. Despite a decrease in industry revenue in the first three quarters, profits have improved. The process of reducing excess cement capacity is expected to accelerate.

According to the Intelligent Financial APP, cement stocks are leading the gains. As of the time of publication, Shanshui Cement (00691.HK) rose by 4.23% to 0.74 Hong Kong dollars; China National Building Material (03323.HK) rose by 3.55% to 5.54 Hong Kong dollars; Conch Cement (00914.HK) rose by 2.9% to 23.4 Hong Kong dollars; CR Cement Technology (01313) rose by 2.44% to 1.68 Hong Kong dollars.