Interview with Sun Weidian, cement building materials industry

Sun Weidan, general manager of the New Era Securities R&D Center, performed guest shows and commented on the market conditions.

Today, the real estate sector and cement and building materials are among the biggest decliners. On the one hand, profit-taking is happening. On the other hand, there is news that the increase in the construction industry's profit-earning reforms has been expanded, as their tax burden will increase by almost double the change in earnings. The construction industry is also concerned about how to interpret such news. In addition, how do you look at the trend of the real estate, including cement and building materials?

Sun Weidang: We must admit that like real estate, especially cement and building materials, it is a cyclical industry. Under the background that cyclical industries are slowing down overall economic growth, the phased recovery may have, but it will continue. Recovery may be weaker.

In addition, the start of this round of the market, everyone thinks that it may be said that there is a certain relationship with urbanization. Actually, on the one hand, we must implement real estate for infrastructure construction. However, in fact, there is a lot of deeper urbanization in China. Hierarchical issues. For example, the problem of land bidding and shooting, the problem of **, and the problem of studying in the college entrance examination in another place. In fact, if these problems are not resolved, the progress of urbanization will face certain obstacles. Therefore, after a cyclical rise in the industry, there will be a certain degree of correction. In addition, the impact of some tax reforms on some news surface, I think it may be short-term. Some adjustments should be made. It should be reasonable.

However, we should see high-quality stocks, such as Vanke and Vanke, which have been gradually strengthened when this round of the market has not started. Therefore, the stocks of high-quality stocks may be less affected.

At the same time, I saw today that the bank’s stock is still relatively stable, so the adjustment of the entire market may not have much impact on the size of the market, because after all, the bank’s stock has a relatively large market value, and it’s the entire market. The stable role will have a **** effect.