China Construction Machinery / HDT – 2023 Outlook
We are turning more positive on the construction machinery & heavy-duty truck (HDT) sector as we expect meaningful earnings recovery in 2023E...
395 Views
Weichai Power-H (2338 HK) – Valuation Close to the Trough
We see potential earnings recovery in 2023E, driven by both the recovery of HDT (sensitive to GDP growth) and agricultural machinery engine (import...
101 Views
Weichai Power-A (000338 CH) – Expect Further Earnings Cut by the Street
Weichai’s 3Q results were hit by both the core business (engine + HDT) and the European business (KION Group, KGX GR). We slash our earnings...
87 Views
Pakistan Market Outlook 2017
Pakistan market is expected to continue its uptrend in 2017 given tangible gains from China Pakistan Economic Corridor (CPEC) projects and rising...
383 Views