HK Stock Market Move | CHINA LESSO (02128) rises more than 7%, with a cumulative increase of more than 10% in the past three days. Institutions are optimistic about long-term demand for consumer building materials.

CHINA LESSO (02128) rose more than 7%, accumulating over 10% in the past three trading days. As of the time of writing, it rose by 7.13%, reaching 5.41 Hong Kong dollars, with a trading volume of 93.17 million Hong Kong dollars. On the news front, Shenwan Hongyuan Group pointed out that it is optimistic about the real estate construction end in 2026. The market has low expectations for the construction end, and the valuation of construction materials such as waterproofing and plastic pipes is relatively low. Under policy catalysis, there may be performance exceeding expectations. In the medium to long term, renovation of existing stock is promising as residents' demand for improving living conditions will gradually be reflected with improved income expectations. It is recommended to pay attention to consumer building material stocks such as CHINA LESSO. GF SEC also stated that the demand stability for consumer building materials is good, the industry concentration continues to increase, and the competition landscape is favorable, providing ample room for long-term growth for high-quality leaders.