Goldman Sachs: Maintains a "Neutral" rating on LONKING (03339) with a Target Price of 1.6 Hong Kong dollars.

Goldman Sachs maintains a cautious attitude towards the demand cycle for Construction Machinery in the mainland.

Zhitong FinanceDec 20 10:58 · Ratings

Hong Kong stock concept tracking | Domestic excavator sales are better than cme expectations. Under the background of domestic demand expansion, the valuation of the construction machinery sector is undergoing a repair (with related concept stocks attache

In November 2024, the domestic sales of excavators increased by 20.5% year-on-year, continuing to grow, better than cme expectations.

Zhitong FinanceDec 10 10:01

Lonking Holdings And 2 Other Undiscovered Gems To Enhance Your Portfolio

Yahoo FinanceDec 10 05:05

HSBC Research raised the target price for Zoomlion (01157.HK) to 6.2 yuan and is bullish on Sany Heavy Industry (600031.SH).

A report by HSBC Research indicates that the demand for exports of domestic construction machinery in the belt and road region is robust, providing higher profit margins, although tariffs remain a potential downside risk. Meanwhile, the domestic market has limited downside potential and has shown some signs of recovery, with a slight growth expected in 2025, driven by stimulus measures that will create upside potential. The bank is bullish on sany heavy industry (600031.SH) and zoomlion (01157.HK) listed in hong kong, raising the target price for the latter from 5.7 yuan to 6.2 yuan, maintaining a "buy" rating. The bank expects the industry's export growth next year to remain between 10% to 20%, from this year.

AASTOCKSDec 9 11:39

Hong Kong stock concept tracking | In October, sales of various types of excavators increased by 15.1% year-on-year, and the sales of construction machinery stabilized (with concept stocks).

China Construction Machinery Industry Association: in October, the sales of all types of excavators reached 16,791 units, a year-on-year increase of 15.1%.

Zhitong FinanceNov 8 13:21

Heavy equipment stocks generally rose in the afternoon, with zoomlion up 4.72% and sany int'l up 1.38%.

Heavy equipment stocks generally rose in the afternoon, with Zoomlion (01157) up 4.72% at HKD 5.55; Sany Int'l (00631) up 1.38% at HKD 5.16; Lonking (03339) up 1.34% at HKD 1.51; First Tractor (00038) up 0.29% at HKD 6.96.

Sina Hong Kong stocks.Nov 1 13:37