HK Stock Movement | Zoomlion (01157) Rises Nearly 3% as Mining Equipment Market Expands; Institutions Bullish on High Growth in Emerging Businesses

Stock News12-02

Zoomlion (01157) gained nearly 3%, rising 2.46% to HK$7.5 by the time of writing, with a trading volume of HK$14.4 million.

According to a research report, the global mining transportation equipment market grew from RMB172.9 billion in 2020 to RMB226.3 billion in 2024, accounting for 30.72% of the mining equipment sector, up from 29.49% in 2020. The market is projected to reach RMB241.6 billion in 2025, with its share expanding to 31.14%.

Recently, Zoomlion delivered a batch of heavy-duty cranes to the Simandou mining area, including crawler cranes such as the ZCC7200 and ZCC3200V-1, as well as wheeled cranes like the ZRT600, ZRT700, ZTC850V, and ZTC250V, which will support core infrastructure construction in the region.

Huaxin Securities noted that Zoomlion has diversified its business structure, achieving breakthroughs in emerging sectors. While maintaining leadership in traditional construction machinery, the company has seen strong growth in aerial work platforms, mining machinery, and intelligent robotics, forming a dual-drive model of "traditional + emerging" businesses.

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