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大行评级|摩根大通:予潍柴动力、中国重汽及三一重工“增持”评级 可受惠于大规模设备更新措施

JPMorgan: Weichai Power, Sinotruk, and Sany Heavy Industry are rated as "shareholding", benefiting from large-scale equipment renewal measures.

Gelonghui Finance ·  Sep 27 10:42  · Ratings

Gelonghui on September 27th: JPMorgan released a report stating that the mainland government has recently implemented a series of measures to boost the economy, exceeding market expectations, with the stock market rising since Tuesday. The bank pointed out that the government's actions to promote growth are helpful, but there is still uncertainty about the ultimate policy effects after the hype. It is recommended that investors increase their shareholding in industrial capital goods companies with good quality, especially those with strong balance sheets and cash generation capabilities. The bank has a 'shareholding' rating for Weichai Power, Sinotruk, and Sany Heavy Industry, believing that the above companies will benefit from the mainland's years of large-scale equipment renewal measures to support the turning points of different industries. In addition, the bank has raised Weichai's target price from HK$23 to HK$25.

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