On June 10, Sinotruk (03808) fell 3.24% in regular trading, trading at 42.4 HKD/share, with trading volume of HKD 17.71 million.
On the news front, the stock had accumulated significant short-term gains, surging over 10% on June 2, more than 6% on June 4, 4.38% on June 8, and another 3.19% on June 9, creating substantial profit-taking pressure. Additionally, May gas-powered heavy truck terminal sales nearly halved month-over-month due to a rapid surge in LNG prices since late April, which significantly narrowed the oil-gas price spread, with some regions even experiencing price inversion. The domestic gas-powered truck penetration rate retreated to approximately 20%.
The Construction Machinery and Heavy Trucks sector was broadly under pressure. Among sector peers, Weichai Power fell 3.1%, Times Electric fell 2.83%, Refire fell 2.51%, Sany Heavy Industry fell 0.37%, and CRRC was flat.
(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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