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Sany Heavy Equipment (631 HK)
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55
Analysis
Industrials
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China
Sany Heavy Equipment International Holdings Co Ltd. manufactures coal mining equipment, including roadheaders.
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bullish
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Thematic (Sector/Industry)
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24 Jul 2023 10:32
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Broker
China Construction Machinery – Export of Excavator Running Out of Steam
Sales in China remained weak with an estimated 49% YoY decline to 4.7k units in Jul, which is not a surprise given the lack of powerful stimulus...
CMB International
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248 Views
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bullish
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Thematic (Sector/Industry)
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12 Jul 2023 07:07
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Broker
CMBI Research Focus List (July Edition) – Our best high conviction stock ideas
We project Li Auto’s net profit to rise 27% QoQ to RMB 1.2bn in 2Q23E. Profitability in FY24E could also beat expectation on greater economies of...
CMB International
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216 Views
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bullish
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Sany Heavy Equipment
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13 Apr 2023 08:48
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Broker
SANY International (631 HK) – Acquisition of oil & gas frac equipment a positive move
SANYI announced yesterday (12 April) after market close that it plans to acquire SANY Petroleum Intelligent Equipment (三一石油智能装备) from the...
CMB International
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293 Views
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bullish
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Sany Heavy Equipment
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22 Mar 2023 09:37
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Broker
SANY International (631 HK) – Core Net Profit in 2022 +53% YoY in Line with Expectation
SANYI’s core net profit in 2022 grew 53% YoY to RMB1.66bn, which is in line with our expectation. The results imply that net profit surged 1.1x YoY...
CMB International
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168 Views
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bullish
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Thematic (Sector/Industry)
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27 Feb 2023 11:06
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Broker
China Construction Machinery – Near-Term Recovery More Seasonal than Structural
Following a rally since early Feb, we believe the market has already priced in the upcoming recovery of machinery demand.
CMB International
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228 Views
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