Construction Machinery and Heavy Transportation Equipment

SINOTRUK

Sinotruk (HK) Shareholders to Vote on Proposal to Raise 2026 Procurement Cap to 11B RMB and Approve New Caps for 2027-2029

Bank of America raises China National Heavy Duty Truck target price to 51 yuan due to strong exports in Africa and Southeast Asia

Huatai Securities Maintains Buy Rating for China National Heavy Duty Truck Group Hong Kong Ltd with a Target Price

MANFinance and Holding S.A. Sells 81,049,665 Shares of Sinotruk (Hong Kong) Limited

Citi Maintains Buy Rating on Zoomlion with Optimism on Q1 Earnings

Goldman Sachs Upgrades China National Heavy Duty Truck's Investment Rating to Buy

GF Securities Maintains Buy Rating for China National Heavy Duty Truck (Holdings) Company Limited with a Target Price of 45.29 HKD

Sinotruk Maintains Strong Export Growth Trend

Kaiyuan Securities Gives a Buy Rating to China National Heavy Duty Truck

CICC Maintains Profit Forecast for China National Heavy Duty Truck, Maintains Overweight Rating

Sinotruk Holds Its 2025 Annual Earnings Conference

SINOTRUK released FY2025 Q3 earnings on March 27 (BJT), actual revenue HKD 32.06 B, actual EPS HKD 0.7104

SINOTRUK released FY2025 9 Months earnings on March 27, 2026 (BJT), actual revenue HKD 87.15 B, actual EPS HKD 2.0639

China National Heavy Duty Truck Announces 19.82% Profit Growth in 2025 and Final Dividend

SINOTRUK released FY2025 Annual Earnings on March 27 After-Market (BJT), actual revenue HKD 119.72 B (forecast HKD 124.3 B), actual EPS HKD 2.787 (forecast HKD 2.7361)

SINOTRUK released FY2025 Q4 earnings on March 27 After-Market (BJT), actual revenue HKD 32.62 B, actual EPS HKD 0.7227

SINOTRUK to Release FY2025 Annual Earnings on March 27, 2026 After-Market (BJT), Forecast Revenue HKD 127.8 B, EPS HKD 2.8132

CICC sees strong growth in heavy truck exports, upgrades China National Heavy Duty Truck's target price

JPMorgan Downgrades Li Auto's Rating and Target Price, Predicts Chinese Auto Market Trends

Jefferies Maintains Buy Rating for China National Heavy Duty Truck Hong Kong, With a Target Price of HKD 44.90

I.CENTURY HLDG

KOS TALENT GP

HUISHENG INTL

RIVERINE CHINA

TOP EDUCATION

AEC GROUP

DIGIT HOLLYWOOD

REDCO HEALTHY

XL2CSOPHYNIX

ZXZN QI-HOUSE

03808

Bank of America Securities analyst upgraded Sinotruk Hong Kong to a Buy on May 17 and set a price target of HK$51.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sinotruk Hong Kong with a HK$48.09 average price target.

Tip Ranks

Bank of America

CNHTC-JNTC

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

Positive Report for Sinotruk Hong Kong (3808) from Bank of America Securities

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BofAS has raised its target price for SINOTRUKfrom HKD49 to HKD51 and increased EPS forecasts for FY2026 and FY2027 by 4% each. The company reported a 50% YoY increase in export volume in 1Q26, driven by demand in Africa and SE Asia. BofAS maintains a Buy rating, citing strong export growth and a 6% dividend yield for FY2026.

AASTOCKS News

BofAS Raises SINOTRUK  TP to HKD51, Lifts EPS Forecasts

In a report released yesterday, from Huatai Securities maintained a Buy rating on Sinotruk Hong Kong, with a price target of HK$48.83.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Sinotruk Hong Kong has an analyst consensus of Strong Buy, with a price target consensus of HK$47.76.

HTSC

Huatai Securities Co., Ltd. GDR Class A RegS

Huatai Securities Keeps Their Buy Rating on Sinotruk Hong Kong (3808)

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MONTAGE TECH(06809) rose 13.78%, with a trading turnover 1.4 Billion HKD, and a year-to-date rose 142.5%. HUAQIN(03296) rose 10.42%, with a trading turnover 539.8 Million HKD, and a year-to-date rose 26.1%. ILUVATAR COREX(09903) fell 9.37%, with a trading turnover 595.3 Million HKD, and a year-to-date rose 186.4%. SINOTRUK(03808) fell 5.97%, with a trading turnover 764.7 Million HKD, and a year-to-date rose 44.8%.

- The Hang Seng Index fell by 0.2%, with a year-to-date increase of 1.2%, while the Hang Seng Tech Index rose by 0.77%, accumulating a decline of 10.4% this year.  
- Langqi Technology (06809) saw a significant rise of 13.78%, with a turnover of HKD 1.37 billion, marking a year-to-date increase of 142.5%.  
- Conversely, Tianshu Zhixin (09903) decreased by 9.37%, with HKD 600 million in turnover, while China National Heavy Duty Truck Group (03808) dropped by 5.97%, with a year-to-date rise of 44.8%.

Top Gainers&Losers

MONTAGE TECH

HUAQIN

OMNIVISION

YOFC

SMIC

ILUVATAR COREX

SIGENERGY

GWMOTOR

CHINAHONGQIAO

Top 5 HK Stock Gainers/Losers (>100B) (4.27)

03317

09866

01211

06618

01138

01276

06181

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XUNCE(03317) rose 15.61%, with a trading turnover 2.7 Billion HKD, and a year-to-date rose 609.7%. NIO-SW(09866) rose 7.47%, with a trading turnover 339.3 Million HKD, and a year-to-date rose 27.9%. JD HEALTH(06618) fell 9.43%, with a trading turnover 695.0 Million HKD, and a year-to-date fell 16.3%. COSCO SHIP ENGY(01138) fell 4.45%, with a trading turnover 571.4 Million HKD, and a year-to-date rose 94.5%.

- The Hang Seng Index decreased by 0.9%, with a year-to-date increase of 0.1%.  
- The Hang Seng Technology Index fell by 0.79%, down 12.6% year-to-date, while Xunji (03317) surged by 15.61% with a trading volume of 2.66 billion HKD, totaling a 609.7% increase this year.  
- NIO-SW (09866) rose by 7.47%, with a trading volume of 340 million HKD, and JD Health (06618) dropped by 9.43%, totaling a 16.3% decrease year-to-date.

XUNCE

NIO-SW

BYD COMPANY

JD HEALTH

COSCO SHIP ENGY

HENGRUI PHARMA

LAOPU GOLD

MINIMAX-W

Top 5 HK Stock Gainers/Losers (>100B) (4.13)

Goldman Sachs has upgraded the investment rating of SINOTRUK from "Sell" to "Buy," with a significantly raised target price of HKD 51, mainly due to last year's second-half performance exceeding expectations, with net profit increasing by 40% year-on-year. It is expected that revenue will grow by 15% to RMB 125.5 billion in 2026, with a pre-tax profit margin of 8.5%. Goldman Sachs also raised its earnings per share estimates for 2026 to 2027 by 28% to 33%, believing that strong export business and the domestic market will enter an upward cycle by 2027, leading to a potential revaluation

AASTOCKS

Goldman Sachs upgraded the rating of SINOTRUK to "Buy" in one move, with the target price significantly raised to 51 yuan

GF Securities has maintained a Buy rating on Sinotruk Hong Kong (3808) with a price target of HK$45.29, while the stock closed at HK$44.24. The analyst consensus is a Strong Buy with a target of HK$45.84, indicating a 3.62% upside. Additionally, CMB International Securities upgraded the stock to a Buy with a target of HK$46.00 in a report on March 30.

Sinotruk Hong Kong (3808) Receives a Buy from GF Securities

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As of the market close, the three major indices of the Hong Kong stock market all fell back, failing to continue yesterday's rebound momentum. The Hang Seng Tech Index dropped more than 2%, giving back some of yesterday's gains, with the overall market showing a narrow fluctuation pattern of high-level retreat. On the market, small-cap technology and thematic stocks performed exceptionally actively, as funds deeply participated in structural opportunities amid the weakness of heavyweight blue chips. Stocks such as Hengyi Holdings, EDA Group Holdings, and XunCe surged against the market trend, reflecting that the market's short-term preference has shifted towards high elasticity and high volatility growth sectors

- On April 9, Hong Kong stocks experienced a decline across all three major indices, reflecting weak market sentiment, with the Hang Seng Index closing at 25,752.40, down 0.54%.  
- Notable movements included a sharp increase in small-cap tech stocks, particularly Hengyi Holdings, which surged 136.84%, driven by speculative trading and sector interest.  
- The market remains influenced by external economic data and investor sentiment regarding economic recovery, suggesting both opportunities and volatility risks ahead.

LB Select

HANG YICK HLDGS

EDA GROUP HLDGS

HING LEE (HK)

GALAXIS TECH

TENCENT

BABA-W

XIAOMI-W

POP MART

CNOOC

MEITUAN

Hong Kong stock market closing | The Hang Seng Index closed down 0.54%, the Hang Seng Tech Index retreated over 2%, small-cap thematic stocks surged across the board, and Hengyi Holdings soared 136%

Sinotruk (Hong Kong) (SEHK:3808) reported strong 2025 results with increased sales and net income, proposing a higher final dividend. The share price rose significantly, with a 30-day return of 14.48% and a 1-year total return of 137.59%. Despite a P/E of 14.6x, above the industry average of 12.4x, the stock may be sensitive to earnings fluctuations. A DCF analysis suggests a fair value of HK$89.08, indicating potential undervaluation. Investors are advised to assess both upside and downside risks before making decisions.

Simplywall

A Look At Sinotruk (Hong Kong) (SEHK:3808) Valuation After Strong 2025 Results And Higher Final Dividend Proposal

SINOTRUK(03808.HK)