MS-WPC @EC2611A

Weichai narrowly retains control of Ferretti, thwarts KKCG acquisition bid

Weichai Power Completes Share Buyback: Spent 761 Million RMB to Repurchase Over 50 Million A-Shares

Wellington Management reduces holdings of Weichai Power by 5,099,782 shares

Weichai Power Receives RbE Seven-Star Certification, First in China's High-End Manufacturing Industry

Nomura Downgrades Weichai Power Rating to Outperform

BofAS Raises Weichai Power's Target Price to HKD 48.2 and Maintains Buy Rating

BOFACM Securities Sees Positive Outlook for Weichai Power's High-Speed Gas Generator Sales in US Market Starting Q3 2026

Goldman Sachs Maintains 'Buy' Rating on Weichai Power

JPMorgan Increases Holdings in Weichai Power by 9.310191 Million Shares

Weichai Power repurchased 50.2525 million A-shares

JPMorgan Raises Target Price on Weichai Power

Weichai Power's New Energy Power System Revenue Increased by 200% in Q1 2026

Morgan Stanley Raises Weichai Power's Target Price to HKD 47

CMBI Raises Profit Forecast and Target Price for Weichai Power to HKD 45.1

HSBC Research Maintains Buy Rating and Raises Target Price for Weichai Power

CMB International Raises Target Price for Weichai Power and Maintains Buy Rating

JPMorgan Raises 潍柴动力 Target Price

JPMorgan Raises Target Price for Weichai Power to HKD52 and Maintains Overweight Rating

WEICHAI POWER released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue HKD 70.93 B (forecast HKD 73.24 B), actual EPS HKD 0.4081 (forecast HKD 0.5095)

Weichai Power 2025 Annual Report: Accelerating New Energy Transition, Power Systems Maintain Leadership

JOLIMARK

PANGAEA CONNECT

WEILI HOLDINGS

MAN YUE TECH

SMIT

BJ DIGITAL

FY FINANCIAL

NEW GONOW RV

RADIANCE HLDGS

PERFECTECH INTL

02338

000338

Chinese group Weichai has taken control of Ferretti, the world's leading yacht maker, after a takeover battle with Czech shareholder KKCG. Shareholders approved Weichai's new board with a 52.3% vote, despite KKCG's appeal to the Italian government to block the takeover. Weichai, which holds a 39.5% stake, previously supported Ferretti financially during its struggles post-2009 financial crisis. Ferretti, known for luxury brands like Riva and Pershing, saw its shares drop 5.2% on the Milan Stock Exchange following the news.

Yahoo Finance

WEICHAI POWER

Weichai Power

FERRETTI

China's Weichai wins battle for Ferretti yacht maker

Weichai Power has received the seven-star RbE certification from the European Foundation for Quality Management (EFQM), becoming the first in China's high-end equipment manufacturing sector to achieve this. This certification underscores its leadership in quality management and sustainable development. Since adopting the EFQM Excellence Model in 2021, Weichai has enhanced its quality management system and integrated innovation into its strategy.

prnewswire

11:52 ETWeichai Power obtiene la certificación EFQM de siete estrellas

BLDP

Weichai Power Hong Kong International Development Co. Limited announced the sale of 6,878,886 common shares of Ballard Power Systems Inc. for an average price of Cdn$5.78 per share, totaling Cdn$39,737,594.05. Following the sale, Weichai holds 39,252,826 shares, approximately 13.02% of Ballard's total shares. Weichai may consider future actions regarding its holdings, including potential purchases or sales. Under an investor rights agreement, Weichai can nominate two directors if it holds at least 15% of Ballard's shares.

StockTitan

Ballard Power

Weichai Power Hong Kong International Development Co. Limited Announces Sale of Common Shares of Ballard Power Systems Inc | BLDP Stock News

03339

560280

159542

516960

Yesterday, China Longgong's stock price fell by 2.33%, closing at HKD 3.36, showing a weak trend. Although the MACD daily line previously formed a bullish signal, yesterday's pullback indicates that the short-term buying pressure is insufficient to support the price's continued rise, and the signal is in a verification phase. The trading volume was approximately HKD 18.27 million, with relatively limited volume. A decline on reduced volume usually indicates that selling pressure is not fierce, but there is also a lack of active capital entering to support the price. The TTM price-to-earnings ratio of 10.36 is relatively low in the construction machinery sector, providing some valuation attractiveness. On the news front, domestic infrastructure investment and the real estate market trends are the core variables affecting the demand for construction machinery. The central bank's Q1 monetary policy report continues to maintain a moderately loose tone but removes the expression "cutting the reserve requirement ratio and interest rates," leading to slight adjustments in market expectations for infrastructure investment intensity in the second half of the year. Meanwhile, Weichai Power fell by 4.71% in the Hong Kong stock market yesterday, and the overall performance of the construction machinery sector was weak, lacking upward momentum from sector linkage. However, from a medium to long-term perspective, domestic new urbanization construction and overseas project demand from the "Belt and Road" initiative still provide incremental space for the industry. Technically, the HKD 3.30-3.40 range is a recent battleground for bulls and bears. If it can hold above HKD 3.30 today and stabilize and rebound, the MACD bullish signal still has a chance to take effect. Conversely, if it falls below HKD 3.30, it will enter a corrective trend in the short term. In terms of volume, it is necessary to observe whether there are signs of moderate volume stabilization today; a decline on reduced volume is unfavorable for bulls. The short-term trend is considered neutral; although the bullish signal has been triggered, it requires confirmation through price and volume coordination

Technical Forecast

LONKING

GF Fund CSI Construction Machinery Theme ETF

Dacheng CSI Construction Machinery Theme ETF

Guotai CSI Subdivision Mechanical Equipment Industry Theme ETF

Pre-market trend | LONKING (3339.HK) 5/12 volume contraction pullback, bullish signal pending verification

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SIGENERGY(06656) rose 6.7%, with a trading turnover 173.6 Million HKD, and a year-to-date rose 74.3%. HENGRUI PHARMA(01276) rose 4.84%, with a trading turnover 1.4 Billion HKD, and a year-to-date fell 2.5%. KNOWLEDGE ATLAS(02513) fell 6.56%, with a trading turnover 779.8 Million HKD, and a year-to-date rose 622.9%. MINIMAX-W(00100) fell 6.31%, with a trading turnover 881.7 Million HKD, and a year-to-date rose 318.5%.

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SIGENERGY

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KNOWLEDGE ATLAS

MINIMAX-W

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Top 5 HK Stock Gainers/Losers (>100B) (5.12)

山推工程机械股份有限公司

Shantui Construction Machinery Co., Ltd. recently submitted an application for listing in Hong Kong, seeking to go public in the region. The company's profit increased by 9% year-on-year last year, with a high gross profit margin in overseas business and rapid growth in the excavator sector. Shantui is an important enterprise under Shandong Heavy Industry Group, with bulldozer business accounting for 43.5% of total gross profit. The global bulldozer market is expected to grow from USD 7.8 billion in 2025 to USD 9.2 billion in 2030, driven by the growth of infrastructure construction and mining activities

BambooWorks

SHANTUI

CNHTC-JNTC

SINOTRUK

Caterpillar

Komatsu Ltd.

SANY HEAVY IND

Sany

Komatsu

Supported by Weichai Group, Shantui Construction plans to go public in Hong Kong

Daiwa has downgraded WEICHAI POWERfrom Buy to Outperform, citing valuation concerns despite strong earnings in its power supply business. The firm raised the target price from HKD40 to HKD50, forecasting a 14% to 24% YoY net profit growth for 2027-2028, driven by demand from AI data centers. However, potential short-term pressures on its LNG heavy truck business due to geopolitical factors influenced the downgrade. Short selling data indicates a ratio of 15.504%.

AASTOCKS News

Daiwa Securities Group Inc.

Daiwa Downgrades WEICHAI POWER  to Outperform, Raises TP to HKD50

MS-WPC @EC2611A(28792.HK)