Movement Alert|Sinotruk Falls 3.14% in Regular Trading, May LNG Truck Sales Nearly Halved as Gas Price Advantage Erodes

Market Focus06-05

On June 5, Sinotruk (03808) fell 3.14% in regular trading, trading at 42.54 HKD/share, with trading volume of approximately 73.05 million HKD.

On the news front, May heavy truck industry data revealed that LNG prices surged rapidly since late April, sharply narrowing the oil-gas price differential and even causing price inversion in some regions. As a result, gas-powered heavy truck terminal sales nearly halved month-on-month, with domestic penetration retreating to around 20%. The stock had accumulated significant short-term gains prior to this session, rising over 10% on June 2 and more than 6% on June 4.

Within the Construction Machinery and Heavy Trucks sector, the overall sector was under broad pressure. Among individual stocks, Weichai Power down 2.75%, Times Electric down 1.74%, CRRC down 0.74%, Sany Heavy Industry down 0.15%, Zoomlion down 0.13%.

(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.)

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