Upside for building material players

Back to normal: People walking along a street in Sheung Shui near the border of mainland China in Hong Kong ahead of the reopening of the border on Jan 8. — AFP

PETALING JAYA: Companies in the building materials sector may see some upside from China’s reopening, which has stimulated demand for aluminium, ferroalloy and tin.

UOB Kay Hian (UOBKH) Research noted that prices of these hard commodities have gradually rebounded on the back of China’s economic reopening.