Lonking (3339 HK): Trim on Prudence
Benefiting from China's escalated infrastructure spending, Lonking Holdings (3339 HK) witnessed a pickup in its key product sales in Jun (+60-80%...
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China Construction Machinery: April Excavator Sales up 59.9%
Total sales of excavators rose 59.9% YoY in Apr, suggesting a very strong pick up in momentum against the 11.6% growth in March. The solid rebound...
291 Views
China Heavy Machinery-Back to Doldrums in 2019
We estimate China's heavy machinery sector sales turn weaker in 2019E because Incremental demand on main machines, excavators, loaders, heavy duty...
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Watch Out for the Growth Prospects of the Chinese Construction Machinery Sector
Global construction equipment unit sales increased approximately 28% YoY in 2017. In 2017, the highest sales unit (about 895k) since 2012 were...
181 Views
Tightening Emission Standards to Create Opportunity for China Construction Machinery to Go Global?
China Signals Tightening Construction Machinery Emission Standards On September 21st, 2017, during the 14th Beijing International Construction...
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