China Construction Machinery – Prefer AWP to excavator in the near term
What is new? The 24% YoY decline in excavator sales in 2022 (for the industry as a whole) is largely in line with our expectation.
683 Views
China Construction Machinery / HDT – 2023 Outlook
We are turning more positive on the construction machinery & heavy-duty truck (HDT) sector as we expect meaningful earnings recovery in 2023E...
571 Views
Pakistan Market Outlook 2017
Pakistan market is expected to continue its uptrend in 2017 given tangible gains from China Pakistan Economic Corridor (CPEC) projects and rising...
572 Views
China Heavy Duty Truck – Weichai’s Multi-Cylinder Engine Sales +71% YoY
According to CICEIA, Weichai Power (2338 HK/000338 CH, BUY) delivered 71% YoY growth of multi-cylinder diesel engine sales volume in Oct, the...
534 Views
Weichai Power (000338 CH) – 3Q23 Earnings Surged 120-200% YoY
Over the weekend, Weichai pre-announced that net profit in 3Q23 is expected to surge 120-200% YoY to RMB2.03-2.77bn, which is better than our...
414 Views