小摩此前指出，政府近期推出一连串措施以提振经济，超出了市场预期。该行指，政府推出有助增长的行动，但是热潮过后，最终的政策效果仍存在不确定性，建议投资者增持质量较好的工业资本货物公司，尤其是具强劲负债表及现金产出能力。In the early session, the concept stocks of heavy trucks generally fell. As of the time of publication, Weichai Power (02338) fell by 10.91% to HK$13.88; Dongfeng Group (00489) fell by 10.03% to HK$2.69; Qingling Motors (01122) fell by 7.81% to HK$0.59; China National Heavy Duty Truck (03808) fell by 2.43% to HK$24.05.
According to Futu Securities APP, the concept stocks of heavy trucks generally fell in the early session. As of the time of publication, Weichai Power (02338) fell by 10.91% to HK$13.88; Dongfeng Group (00489) fell by 10.03% to HK$2.69; Qingling Motors (01122) fell by 7.81% to HK$0.59; China National Heavy Duty Truck (03808) fell by 2.43% to HK$24.05.
On the news front, according to the preliminary data obtained by the First Commercial Vehicle Network, in September 2024, China's heavy truck market sold approximately around 0.058 million units (wholesale basis, including exports and new energy), a decrease of 7% from August, and a 32% decrease from the same period last year's 0.0857 million units, a decrease of about 0.028 million units. Cumulatively, from January to September 2024, China's heavy truck market has sold approximately 0.683 million units of various models, with a cumulative growth rate turning negative (cumulative growth rate from January to August was 0.68%).
Morgan Stanley previously pointed out that the government has recently introduced a series of measures to boost the economy, exceeding market expectations. The bank noted that the government's actions supporting growth, but after the hype, the ultimate policy effects still have uncertainties. It suggests investors to increase their holdings of industrial capital goods companies with good quality, especially those with strong balance sheets and cash generation capabilities.
