King's Fund News | Sinotruk (03808) widened its afternoon decline. As of the time of publication, it fell by 6.03% to HK$21.8, with a turnover of 66.17 million Hong Kong dollars.

On the news front, CMB International released a report stating that it lowered its profit forecast for Sinotruk for the next two years by 5% and 2%, and also projected a year-on-year profit decline of about 20% in the second half of this year, to recover in 2025. It believes that the risk of declining profits for the company has not been reflected in the current stock price after a recent rebound.