Morgan Stanley expects CNBM's stock price to rise in the next 15 days, with a rating of "Overweight."

Morgan Stanley published a technical research report, predicting that the stock price of China National Building Material (03323.HK) will rise in the next 15 days, with a probability estimated to be between 70% and 80%. The rating is "Overweight," with a target price of HKD 6.51.

According to a report by Bloomberg, the Chinese government is considering introducing new real estate stimulus measures to address the current housing market crisis. It is reported that the plan will for the first time include providing mortgage subsidies to homebuyers nationwide, increasing the income tax rebate for mortgage borrowers, and reducing housing transaction costs. If this policy is confirmed, it will be beneficial for leading companies in the building materials sector, as the real estate industry is one of the largest drivers of cement consumption