China National Heavy Duty Truck Rises on Strong Analyst Outlook for Export Growth

China National Heavy Duty Truck (3808.HK) rose 2% in regular trading to HK$47.54, marking a new all-time high.

Huayuan Securities published research highlighting the company's leading market share and profitability in China's heavy truck sector. The analyst firm cited strong tailwinds from exports to Africa and Southeast Asia as key growth drivers.

Dongwu Securities forecast that domestic heavy truck sales could reach 800,000-850,000 units in 2026 under an optimistic scenario, up 3% year-over-year. Trading activity accelerated with over HK$110 million in large-size transactions recorded yesterday.