---
title: "Daiwa raises the target price for SINOTRUK to 29.4 yuan, reiterates \"Outperform the Market\" rating"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/264551637.md"
description: "Daiwa Securities has raised the target price for SINOTRUK to RMB 29.4 and reiterated its \"Outperform\" rating. The firm expects that demand for heavy trucks in China will remain strong next year, benefiting from the U.S. easing cycle and domestic trade-in policies. Daiwa holds a positive outlook on SINOTRUK's industry-leading position and has raised its revenue and gross margin forecasts for 2025 to 2027"
datetime: "2025-11-06T03:09:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264551637.md)
  - [en](https://longbridge.com/en/news/264551637.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264551637.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/264551637.md) | [English](https://longbridge.com/en/news/264551637.md)


# Daiwa raises the target price for SINOTRUK to 29.4 yuan, reiterates "Outperform the Market" rating

Daiwa published a research report stating that as the United States enters a loosening cycle, it is expected that the foreign demand for heavy trucks manufactured in China will remain strong next year, while the domestic trade-in stimulus policy will continue to drive domestic demand. The firm holds a positive attitude towards the industry-leading position of SINOTRUK (03808.HK) and anticipates that the company will further gain global market share.

The firm raised its revenue forecast for SINOTRUK for 2025 to 2027 by 0 to 1%, and the gross margin forecast was raised by 0.2 to 0.3 percentage points. The firm reiterated the company's "outperform the market" rating, with the target price raised from HKD 21.7 to HKD 29.4

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- [SINOTRUK (03808.HK)](https://longbridge.com/zh-HK/quote/03808.HK.md)
- [CNHTC-JNTC (000951.CN)](https://longbridge.com/zh-HK/quote/000951.CN.md)

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