[Hong Kong Stock Connect] SINOTRUK (03808) initially rose by 4.93%, the company's direct controlling Shareholder has changed.

King Wu Financial News | SINOTRUK (03808) strengthened in early trading, as of the time of writing, it rose by 4.93% to HKD 23.4, with a transaction volume of HKD 6.35 million. In terms of news, SINOTRUK announced that its controlling Shareholder SINOTRUK (British Virgin Islands) entered into a share transfer agreement with SINOTRUK Group to transfer 51% of the company's issued share capital to SINOTRUK. Upon completion of the Trade, SINOTRUK (British Virgin Islands) will no longer Hold any rights in the company, and SINOTRUK will become the direct holder of the transferred shares.

Jingwu Financial News20:41 ET

Here's What's Concerning About Sinotruk Jinan TruckLtd's (SZSE:000951) Returns On Capital

Simply Wall St20:38 ET

SINOTRUK (03808.HK): Wang Dechun has been appointed as Executive Director and Chief Executive Officer.

Gelonghui, December 20 - SINOTRUK (03808.HK) announced that effective from December 20, 2024: (i) Richard von Braunschweig has resigned from his positions as Executive Director, member of the Executive Committee, and member of the Global Strategy and Investment Committee; (ii) Wang Dechun has been appointed as Executive Director, Chief Executive Officer, and member of the Executive Committee; and (iii) Han Xing has been appointed as Executive Director, member of the Executive Committee, and member of the Global Strategy and Investment Committee.

Gelonghui FinanceDec 20 05:39 ET

SINOTRUK (000951.SZ): Several Asia Vets driving products have already been commercialized in specific application scenarios such as ports and mining areas.

According to Gelonghui on December 19, SINOTRUK (000951.SZ) stated on the investor interaction platform that the company has been committed to the research and development of Asia Vets and Self-Driving Cars technology and innovation. Currently, multiple Asia Vets products have been commercially operated in specific application scenarios such as ports and mining areas.

Gelonghui FinanceDec 19 04:06 ET

Hong Kong stocks movement | SINOTRUK (03808) rises over 3% as the company's heavy truck sales surpass the industry growth rate. Goldman Sachs expects a turning point in the industry cycle next year.

SINOTRUK (03808) rose over 3%, as of the time of writing, it rose by 3.53%, at 22 Hong Kong dollars, with a turnover of 17.5955 million Hong Kong dollars.

Zhitong FinanceDec 17 21:36 ET

Huachuang Securities: In November, autos continued to be hot sellers, bullish on the sales growth of new energy fund in 2024 and 2025.

In August 2024, the overall demand before the subsidy increase did not meet expectations, and the base is not high. Looking at 2025 from a macro perspective, domestic demand is expected to improve, electric vehicles may continue to benefit, and it is expected that in 2025, the wholesale volume of new energy passenger vehicles will reach 15.28 million units, increasing by 26%, with a penetration rate of 53%, which is an increase of 7.1 percentage points.

Zhitong FinanceDec 10 00:37 ET