Investors Met With Slowing Returns on Capital At Weichai Power (HKG:2338)

Simply Wall StApr 11 18:12 ET

Research Reports on Investment Opportunities | Sealand: Maintains Weichai Power's "Shareholding" rating, with a bright outlook for accelerated transformation by 2025.

Sealand Research Reports point out that Weichai Power (000338.SZ) is expected to sell 0.118 million units in 2024, a year-on-year increase of 2%, with medium and heavy truck exports at 0.059 million units, up 15% year-on-year; Kion's revenue reached 11.5 billion euros, setting a historical record. The company's sales profit margin (total profit/revenue) for 2024 is projected to be 8.03%, completing the first assessment condition for the lifting of the 2023 A-share restricted stock incentive plan, and the outlook for accelerated transformation in 2025 is bright. The company is a leader in heavy truck engines, with the domestic heavy truck market continuing to recover, expansion into export markets, and a favorable environment for Henry Hub Natural Gas heavy trucks.

Gelonghui FinanceApr 10 03:31 ET

【Special Contributor】Deng Shengxing: The USA raises tariffs on China to 125%, but supported by state-owned enterprises, the Hang Seng Index is nearing a bottom.

Jinwu Financial News | The Hang Seng Index closed at 20,264 on Wednesday (9th), up 136 points or 0.7%. The total market turnover for the day was 4,123 million yuan. The National Index rose 1.4%, closing at 7,535; the Tech Index increased by 2.6%, closing at 4,689. Real estate stocks declined against the trend. Sun Hung Kai Properties (00016) fell 1.8%; Henderson Land Development (00012) dropped 2.8%; SINO LAND (00083) decreased by 0.3%; worsened Sino-US relations led the market to anticipate further replacement of overseas chips by state-owned chips, driving chip stocks up. SMIC (00981) surged by 10.5%, making it the best-performing blue chip; the Dow Jones Industrial Average closed at 40 on Wednesday (9th).

Jinwu Finance NewsApr 9 21:07 ET

Hong Kong Stock Morning News | The USA suspends tariffs on certain countries, the Nasdaq rises by 12%, and most China Concept Stocks perform strongly.

① Trump announced that he has authorized a 90-day suspension of tariffs on countries that do not take retaliatory actions. ② The NASDAQ index in the US surged 12% in a single day, with most China Concept Stocks rising. ③ China is imposing an additional 50% tariff on all imported goods originating from the USA. ④ The EU will impose tariffs of up to 25% on a range of American products. ⑤ The offshore RMB regained the 7.35 threshold against the USD, while international oil and Gold prices surged.

cls.cnApr 9 19:05 ET

Express News | Weichai Power - Proposal on Possible Repurchase of a Shares Through Centralised Price Bidding

ReutersApr 9 04:52 ET

[Brokerage Focus] CITIC SEC expects the market share of hybrid heavy trucks to reach 30% by 2030.

Jinwu Financial News | CITIC SEC stated that the progress of new energy in heavy trucks is advancing rapidly, with a clear and irreversible trend. However, the current mainstream pure electric heavy trucks are limited by range constraints, primarily penetrating short-distance and specific scenarios, while exploring new energy in medium and long-distance scenarios is still needed. Reviewing the new energy process of Passenger Vehicles, hybrid models began to accelerate their penetration two years after the popularity of pure electric vehicles. This institution believes that hybrid will also become the last piece of the puzzle for new energy in heavy trucks. Hybrid heavy trucks meet the high-efficiency transportation demand in the category of new energy heavy trucks strongly supported by policy, and their economic performance far exceeds that of diesel heavy trucks, and hybrid technology...

Jinwu Finance NewsApr 8 20:36 ET