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Hong Kong stocks are fluctuating | Heavy Equipment stocks are rising broadly as major construction projects accelerate in various domestic regions, and the market is expected to warm up rapidly.
Heavy Equipment stocks rose broadly. As of the time of reporting, MORIMATSU INTL (02155) increased by 2.3%, to 6.22 HKD; ZOOMLION (01157) rose by 0.17%, to 5.74 HKD; SANY INT'L (00631) rose by 0.17%, to 5.77 HKD; SINOTRUK (03339) rose by 1.38%, to 19.1 HKD; First Tractor (00038) rose by 2.23%, to 6.42 HKD.
Hong Kong stock Machinery stocks collectively surged! The new stock Boleton rose by 48%, leading the way, as the demand for Industry replacement cycles erupted.
① Why is the replacement cycle of Construction Machinery in 2025 considered a key to the recovery of the Industry? ② How has the sales of excavators been this year?
Lonking Invests 5.37 Billion Yuan in Wealth Management Products
LONKING: Annual Report 2024
Guotai Junan: Excavator growth of 18.5% in March, with significant improvements in working hours and utilization rate.
Overall, in 2025, the Construction Machinery Industry faces both opportunities and challenges, with opportunities outweighing risks.
Hong Kong stock Concept tracking | Overall risks are controllable with a smaller exposure to the U.S., Construction Machinery companies are expected to welcome a new round of replacement cycle (including Concept stocks).
The growth in excavator sales has directly led to domestic excavator manufacturing companies operating at full capacity.