HK Stock Market Move | WESTCHINACEMENT (02233) rose nearly 6% at the close, the company has increased its layout in the African market, and the gross profit of overseas cement far exceeds that of the domestic market.

WESTCHINACEMENT (02233) rose nearly 6% in the final session, rising 5.49% to HK$2.89 at the time of publication, with a turnover of HK$144 million. On the news front, the China (Shaanxi) - Mozambique Investment Promotion Association recently held an event in Xi'an. Companies such as WESTCHINACEMENT Limited signed agreements with the Ministry of Economy of Mozambique. WESTCHINACEMENT had previously stated that it would firmly seize the historical opportunity of the great development of Africa in the future, accelerate the promotion of its international development strategy, gradually establish a leading position in the cement and building materials industry in Africa; while also increasing its efforts to expand into emerging markets in Central Asia, Southeast Asia, and other global regions, and strive to become a leading international building materials industry integrating cement, ready-mixed concrete, new materials, logistics, trade, and prefabricated construction. Guotai Haitong had previously released a research report stating that by 2024, WESTCHINACEMENT's overseas gross profit per ton would reach as high as RMB 288/ton, far exceeding the domestic RMB 42/ton, with the company firmly advancing its high-margin overseas layout strategy. In June 2025, the company announced a plan to sell Xinjiang cement assets for RMB 1.65 billion, which would help alleviate debt pressure and safeguard the progress of overseas expansion (new construction in Uganda, acquisition in the Democratic Republic of Congo, production line in Zimbabwe, production line in northern Mozambique, and future projects in Angola).