Sinotruk (03808) fell nearly 4% again, with the stock price temporarily showing three consecutive declines. As of press time, it fell by 3.8%, to HKD 18.72, with a turnover of HKD 99.9063 million.
According to the latest news from the Wisdom Caijing APP, Sinotruk (03808) has fallen nearly 4% again, and its stock price has temporarily shown three consecutive declines. As of press time, it fell by 3.8%, to HKD 18.72, with a turnover of HKD 99.9063 million.
According to the preliminary data obtained by the First Commercial Vehicle Network, in June 2024, the sales of China's heavy truck market are about 74,000 vehicles (including exports and new energy), a decrease of 5% from the previous month and a decrease of 14% from the same period last year's 86,500 vehicles, a decrease of about 12,000 vehicles. The First Commercial Vehicle Network predicts that in the current market environment of low freight rates, low demand, and high inventory, the price war in the heavy truck industry, which has been continuously fluctuating and surging, will continue until the second half of the year.