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Hong Kong stock movement | SINOTRUK (03808) rose over 3% after signing a Global Strategy cooperation agreement with Toyota Motor, aiming to establish extensive collaboration in areas such as hydrogen fuel Commercial Vehicles.
SINOTRUK (03808) rose over 3%. As of the time of writing, it increased by 3.02%, priced at 18.42 HKD, with a transaction amount of 11.5338 million HKD.
Sinotruk (Hong Kong) Limited's (HKG:3808) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
[Brokerage Focus] CITIC SEC expects the market share of hybrid heavy trucks to reach 30% by 2030.
Jinwu Financial News | CITIC SEC stated that the progress of new energy in heavy trucks is advancing rapidly, with a clear and irreversible trend. However, the current mainstream pure electric heavy trucks are limited by range constraints, primarily penetrating short-distance and specific scenarios, while exploring new energy in medium and long-distance scenarios is still needed. Reviewing the new energy process of Passenger Vehicles, hybrid models began to accelerate their penetration two years after the popularity of pure electric vehicles. This institution believes that hybrid will also become the last piece of the puzzle for new energy in heavy trucks. Hybrid heavy trucks meet the high-efficiency transportation demand in the category of new energy heavy trucks strongly supported by policy, and their economic performance far exceeds that of diesel heavy trucks, and hybrid technology...
Hong Kong stocks movement | Heavy truck Concept stocks rebounded today. In March, heavy truck sales increased by more than 30% month-on-month. Institutions expect a moderate recovery in the heavy truck Industry this year.
Today, heavy truck concept stocks have rebounded. As of the time of writing, Weichai Power (02338) rose by 7.06%, trading at 14.56 HKD; SINOTRUK (03808) increased by 6.31%, trading at 18.86 HKD; China International Marine Containers (02039) went up by 3.4%, trading at 4.56 HKD; DONGFENG GROUP (00489) saw an increase of 2.91%, trading at 3.89 HKD.
Trending Industry Today: MORIMATSU INTL Leads Losses In Heavy Equipment Stocks
Solid Earnings Reflect Sinotruk Jinan TruckLtd's (SZSE:000951) Strength As A Business
Here's What's Concerning About Sinotruk (Hong Kong)'s (HKG:3808) Returns On Capital
