No Data
Hong Kong stock market anomaly | Sinotruk (03808) is now up more than 6%. In October, heavy truck sales rebounded, Shandong Heavy Industry integrated its financial company.
Sinotruk (03808) is currently up over 6%, with a rise of 6.45% as of the time of writing, priced at 23.1 Hong Kong dollars, with a transaction volume of 26.7665 million Hong Kong dollars.
Despite Lower Earnings Than Three Years Ago, Sinotruk (Hong Kong) (HKG:3808) Investors Are up 112% Since Then
[Brokerage Focus] Citigroup: Growth in China's electric heavy truck market and an increase in xcmg construction machinery's market share.
Jinwu Finance News | Summary: Citigroup Research provides the latest update on the electric heavy-duty truck (E-HDT) market in China. The report shows that in October, E-HDT deliveries increased by 4.6% month-on-month, reaching 8,250 units, with a year-on-year growth of 138.1%. Sales for the first ten months of this year reached 56,800 units, representing a year-on-year increase of 142.6%. XCMG Construction Machinery's market share in October increased by 3.6 percentage points month-on-month to 19.1%, while Sany Heavy Industry and FAW Jiefang Group's market shares decreased by 4.6 and 0.3 respectively.
Sinotruk Hong Kong Restructures Financial Operations
Sinotruk (03808.HK): Capital increase to Shandong Heavy Industry Finance Company.
Geelong November 12th| Sinotruk (03808.HK) issued an announcement to propose the integration of two financial institutions within the conglomerate (namely Shandong Heavy Industry Finance Company and China National Heavy Duty Truck Finance Company) in accordance with relevant Chinese regulations and policies, which stipulate that only one financial company can be established by an enterprise group. China National Heavy Duty Truck Finance Company is a non-wholly-owned subsidiary of the company and is a non-banking financial institution approved by relevant Chinese government institutions to facilitate internal financing transactions. The board of directors has passed a resolution to automatically wind up to fully comply with relevant Chinese laws and policies, and the automatic wind-up will involve actions based on its equity holders.
Express News | Sinotruk Hong Kong - Resolved to Commence Voluntary Winding-up Procedures of Sinotruk Finance Co
Here's What's Concerning About Sinotruk (Hong Kong)'s (HKG:3808) Returns On CapitalNo Data
No Data
