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Changes in Hong Kong stocks | Construction machinery stocks had the highest rise, domestic demand marginal expectations improved, and companies continued to push for product exports
The Zhitong Finance App learned that construction machinery stocks had the highest gains. As of press release, Zhonglian Heavy Industries (01157) rose 4.53% to HK$6.23; Yituo shares (00038) rose 3.39% to HK$9.14; Sany International (00631) rose 3.1% to HK$6.66; and China Longgong (03339) rose 2.05% to HK$1.49. According to the news, CME estimates that the total sales volume of excavators in April was about 18,500 units, down about 1.5% from the previous year, and the decline improved from month to month. Among them, domestic sales were 0.95 million units, which was basically the same as the previous year; export sales were 90,000 units.
中國龍工:年報 2023
Changes in Hong Kong stocks | China Longgong (03339) rose more than 4%, leading the way for heavy machinery stocks, domestic sales of heavy machinery stocks in March slightly exceeded CME expectations, driving or releasing demand for renewal
The Zhitong Finance App learned that heavy machinery stocks are generally rising. As of press release, China Dragon Gong (03339) rose 4.08% to HK$1.53; Sany International (00631) rose 3.53% to HK$5.28; and Morimatsu International (02155) rose 2.15% to HK$4.27. According to the news, according to statistics from the China Construction Machinery Industry Association on major excavator manufacturers, 24,980 excavators of various types were sold in March, down 2.34% year on year. Among them, 15,188 units in China were sold, up 9.27% year on year, higher than the 6% growth rate previously expected by CME. According to Haitong International, it was excavated in March
Favorable policies continue to be catalyzed, the concept of equipment renewal is expected to spread further, and the logic of going overseas may become a dark line in the market
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Changes in Hong Kong stocks | China Longgong (03339.HK) is now up nearly 5%, and industry demand is expected to marginally repair the company's overseas revenue share of nearly 30%
China Dragon Gong (03339.HK) is now up nearly 5%. As of press release, it has risen 4.93% to HK$1.49, with a turnover of HK$21.5313 million.
Hong Kong heavy machinery stocks continued to strengthen in the afternoon. China Longgong rose more than 5.5%, Zhonglian Heavy Industries rose more than 5%, Sany International rose more than 4%, and Sinotruk rose nearly 3%.
Hong Kong heavy machinery stocks continued to strengthen in the afternoon. China Longgong rose more than 5.5%, Zhonglian Heavy Industries rose more than 5%, Sany International rose more than 4%, and Sinotruk rose nearly 3%.
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