Caterpillar rose by three points, with the tariff exposure of global infrastructure and construction machinery being repriced; Honeywell rose by nearly three points, with diversified industries benefiting from the easing of tariff disputes; Weichai Power fell by four points, with the heavy truck segment in Hong Kong stocks following domestic truck sales.
Two major industrial stocks in the US market rose in the same direction, while heavy truck stocks in Hong Kong fell, reflecting two opposite realities: improved expectations for tariff disputes and weak domestic truck demand.
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