Zoomlion (1157.HK): Buy on Flow Through of Construction Strength into Late Cycle Products

276 Views10 Apr 2021 20:56
We expect sales growths of late cycle products in construction machinery remain robust this year. 2021E sales growth of excavator might beat market expectation and be as strong as 2020 levels,
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Victoria Li
China Specialist, Auto and Industrial Specialist
ChinaConsumer Discretionary & IndustrialsEquity Bottom-UpThematic (Sector/Industry)
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