Heavy-Duty Truck Manufacturer Sinotruk Surges Over 7% on Strong May Sales Performance

Stock News06-02

Shares of Sinotruk (Hong Kong) Ltd (SEHK: 3808) have risen by more than 7%. At the time of writing, the stock was up 7.43% to HK$40.48, with a turnover of HK$186 million.

This upward movement follows data indicating the heavy-duty truck market achieved its third consecutive month of growth in May 2026, a period typically associated with a seasonal slowdown.

Preliminary figures show that approximately 103,000 heavy-duty trucks were sold in the Chinese market during May 2026. This represents a 12% decline from April but a significant 16% increase compared to the 89,000 units sold in May of the previous year.

While the year-on-year growth rate moderated from the levels seen in March (25%) and April (33%), the May 2026 sales figure still marks the highest for the month in the past five years.

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