Sinotruk: Inventory Overhang at Dealers and Weak End Demand Will Take Time to Clear
Sector outlook is weak with a -20% yoy decline on sales volume expected. End demand was largely brought forward in 1H2021. Lots of inventory at...
235 Views
Sinotruk (3808.HK): Sluggish Sector Demand Ahead
China's HDT (heavy duty truck) sales accelerated declining in the past two months. The reasons behind include largely brought forward demand in...
317 Views
Sinotruk: HDT End Demand Weakness Warning
4M2021 sales of China's heavy duty truck (HDT) increased by 57% yoy. However, negative signs indicates the yoy growth rate might turn negative very...
307 Views
Sinotruk(3808.HK): Market Share Gainer
Heavy-duty truck demand from infrastructure might slow down in 2021E, but demand increase from logistics, which contributed 74% of annual HDT...
307 Views
Screening the Silk Road: Q1 2021 High Risk Names to Avoid
As in the previous few quarters, we are on the watch for the risk of deteriorating credit metrics, but in particular during H1 2021. 25 stocks...
374 Views