On September 16, SINOTRUK fell 3.23% in regular trading to HK$39.54, with turnover of approximately HK$26.32 million. The stock declined alongside a broad selloff across the Construction Machinery & Heavy Trucks sector.
The pullback was driven by weakening industry fundamentals. According to recently disclosed research data, China's heavy truck market sold approximately 86,000 units in August, representing a 6% year-over-year decline — the first monthly negative reading this year. Meanwhile, new energy heavy truck additions totaled 22,000 units in August, down 23% month-over-month, signaling a short-term deceleration in demand momentum. Sector peers fell in tandem, with SANY HEAVY IND down 5.49%, WEICHAI POWER down 3.88%, SANY INT'L down 2.62%, and ZOOMLION down 2.23%.
Notably, SINOTRUK's cumulative heavy truck sales through August still posted positive year-over-year growth, outperforming the broader industry. The company's export sales have exceeded half of total volume, and management remains optimistic on overseas markets in the second half. The company reported H1 revenue of RMB 70.84 billion, up 39.2% YoY, with shareholder profit of RMB 4.33 billion, up 26.2% YoY.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)