HX BLDG MAT (06655) surged more than 5% during the early session on the Hong Kong Stock Exchange. As of the time of writing, shares were up 4.94%, trading at HKD 17.43, with a turnover of approximately HKD 40.95 million.

In terms of market news, HX BLDG MAT reported revenue of RMB 19.497 billion for the first half of 2026, marking a 21.5% year-on-year increase, while net profit attributable to shareholders rose sharply by 55.2% to RMB 1.713 billion. Notably, overseas cement clinker sales reached 13.18 million tonnes, surging 57.1% year-on-year, with a gross profit per tonne of RMB 241, an improvement of RMB 58, significantly outperforming the domestic business segment.

According to the company's announcement, overseas revenue hit RMB 9.01 billion in the first half, representing a substantial 103.6% year-on-year growth. In a research note, Huatai Securities highlighted that the company's interim net profit attributable to shareholders came in slightly above the mid-point of its earlier profit alert. The brokerage noted that HX BLDG MAT continues to advance its global expansion strategy, with overseas production capacity steadily increasing. This has fostered a virtuous cycle of low-cost acquisitions, cost reduction with higher output, and robust cash generation, which is expected to drive medium-to-long-term profit growth. Huatai maintains its "Buy" rating on the stock.