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FIRST TRACTOR (00038.HK) received an increase in shareholding of 0.762 million shares from FIL Limited.
On February 28, according to the latest equity disclosure data from the Hong Kong Stock Exchange, on February 24, 2025, FIRST TRACTOR (00038.HK) was increased by FIL Limited in the market by 762,000 shares at an average price of HKD 6.8021 per share, involving approximately HKD 5.1832 million. After the increase, the latest number of shares held by FIL Limited is 23.662 million shares, with the shareholding ratio rising from 5.84% to 6.04%.
Document No. 1 is bullish for Agricultural Machinery, and the first tractor (00038) with a PE ratio of only 6 times is set for revaluation.
This year's No. 1 Central Document was released later than in previous years, but it is much more lively, as DeepSeek has driven a technical bull market in Hong Kong stocks. Liquidity has reached a turning point, with signals from policy, performance, and technology likely to attract incremental capital. This may bring investment opportunities to the Agriculture Sector.
Hong Kong stocks movement | FIRST TRACTOR (00038) rises over 7% after the release of the Central No. 1 Document, promoting the scrapping and replacement of old Agricultural Machinery.
FIRST TRACTOR (00038) rose more than 7%. As of the time of writing, it rose 7.49%, priced at 7.03 Hong Kong dollars, with a trading volume of 52.6512 million Hong Kong dollars.
First Tractor (601038.SH): Products have not yet involved AI and Agriculture intelligent Siasun Robot&Automation.
Gelonghui reported on February 13 that First Tractor (601038.SH) stated on the investor interaction platform that the company's products have not yet involved AI and smart robotics in Agriculture.
First Tractor Co Announces Board Changes Post-EGM 2025
First Tractor Co. Announces Board and Committee Structures
