DONGWU CEMENT Surges Over 25% Intraday, Monthly Gains Exceed 100%

Deep News
Aug 18

DONGWU CEMENT (00695) surged over 25% during trading, with monthly cumulative gains exceeding 100%. As of press time, the stock was up 19.65% to HK$5.48, with turnover reaching HK$27.128 million.

On August 15, DONGWU CEMENT announced that the group expects its loss for the first half of 2025 to decrease to approximately HK$12.966 million, representing a year-on-year reduction of about 67.6%. The announcement stated that the loss reduction was primarily attributed to the domestic cement industry's "anti-involution" policies driving a moderate recovery in performance, the slowing decline in overall market demand in China, and gains from the sale of cement clinker capacity indicators (these capacity indicators will continue to be replaced by outsourced clinker supply).

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