No Data
On December 20, ZOOMLION (01157.HK) spent 9.7818 million Hong Kong dollars to repurchase 1.8066 million shares.
Gelonghui reported on December 20 that ZOOMLION (01157.HK) announced that on December 20, 2024, it spent 9.7818 million Hong Kong dollars to repurchase 1.8066 million shares, with a repurchase price of 5.41-5.46 Hong Kong dollars per share.
UBS Group: Maintains ZOOMLION's "Neutral" rating with a slight reduction in the Target Price to 6.1 HKD.
UBS Group released a research report stating that it lowered ZOOMLION's (01157) earnings per share forecast for 2024 to 2026 by 11% to 21% to reflect that domestic revenue has fallen far below expectations this year, although the gross margin is slightly higher than previously expected. The rating remains "Neutral", with the Target Price slightly reduced from HKD 6.2 to HKD 6.1, believing that while domestic Business still faces pressure, the downside risks are limited. The bank explained that China's "moderately loose" MMF policy could accelerate Infrastructure investment and improve downstream customers' Cash flow, along with ZOOMLION's overseas growth being able to maintain a rate higher than its peers, but the growth rate may slow further.
Hong Kong stocks movement | ZOOMLION (01157) fell over 3%. The company's revenue this year is significantly below expectations. UBS Group indicates that its domestic Business still faces pressure.
ZOOMLION (01157) fell over 3%, as of the time of writing, it decreased by 2.34%, priced at 5.43 Hong Kong dollars, with a transaction amount of 34.2243 million Hong Kong dollars.
Is Zoomlion Heavy Industry Science and Technology (SZSE:000157) A Risky Investment?
CMB International: In November, major Machinery exports from the mainland showed good growth. Bullish on ZOOMLION.
Zhaoyin International released a research report stating that the China Construction Machinery Industry Association announced the sales data for the entire series of construction machinery for November. In terms of exports, the export volume of key models maintained strong growth, especially the aerial work platforms which saw a year-on-year increase of 88%. In the domestic market, no improvement has been observed; excavators were the only model to see growth in November, while others declined across the board. In terms of stock selection, the bank is bullish on Sany Heavy Industry, mainly due to the high market share of excavators. The bank continues to be bullish on ZOOMLION (01157) for its wide product penetration in emerging markets. Additionally, the strong growth in exports of aerial work platforms is beneficial for Zhejiang Dingli Machinery (60.
Zhao Yin International: The main Machinery exports from the mainland showed good growth in November, Bullish on ZOOMLION (01157).
Zhouyin International remains bullish on ZOOMLION (01157) for its extensive product penetration into Emerging Markets.
No Data
105584693 : the holding has changed today