Anhui Conch Cement Co is down 1.5% at CNY14.95, and Tangshan Jidong Cement Co is down 1.1% at CNY15.63.
"The property tightening measures suppressed demand for related construction materials, which will have a material impact on local cement companies’ profitability," says Luo Guo, an analyst from Orient Securities in a research note.
Luo adds that the cement and glass sectors will start to pick up in the second half of 2012, as 2013 is the first year in which a new batch of leaders will govern China and capital investment is expected to increase.
