First Shanghai: Maintains a "buy" rating for Sany Int'l (00631), with a target price of HKD 8.12.

First Shanghai adjusted Sany Int'l (00631) net income attributable to shareholders forecast for 2024-2026 to 2.193 billion/2.534 billion/2.958 billion yuan.

Zhitong FinanceJun 12 21:07 ET

Brokerage focuses on Sany Int'l (00631), raising target price by 27% due to sustained growth in its main business, bullish on medium to long-term development.

First Shanghai's research report states that Sany Int'l (00631) achieved record high performance in 2023, mainly due to the continuous penetration of intelligent and electric products in the market, which drove significant growth in revenue for fully mechanized mining, mining trucks, wide-body trucks and large port machinery, as well as a substantial increase in international sales revenue brought about by continuous internationalization. First-quarter performance was lower than expected, mainly due to the impact of the coal industry's business climate resulting in lower-than-expected revenue in the mining equipment sector. The bank pointed out that based on the development potential of the company's emerging aviation equipment and oil and gas business, as well as the sufficient backlog of orders in the mining equipment and logistics equipment sectors and the company's intelligence and internationalization.

金吾財訊Jun 11 23:20 ET

HK stocks rise: Lonking (03339) up over 4%, leading heavy equipment stocks. May excavator sales exceed expectations, and domestic sales in the industry continue to recover.

Heavy equipment stocks are on the rise. As of the time of publication, Lonking (03339) rose 4.43% to HKD 1.65; Sany Int'l (00631) rose 1.9% to HKD 5.35; Zoomlion (01157) rose 0.35% to HKD 5.8.

Zhitong FinanceJun 6 22:17 ET

Hong Kong stock concept tracking | May sales of excavators exceed market expectations, institutions bullish on the growth rate of the construction machinery industry rebounding (with concept stocks).

Excavator sales in May exceeded expectations, and the market is accelerating its recovery.

Zhitong FinanceJun 6 20:27 ET

SANY INT'L To Go Ex-Dividend On June 5th, 2024 With 0.19 HKD Dividend Per Share

May 31st - $SANY INT'L(00631.HK)$ is trading ex-dividend on June 5th, 2024. Shareholders of record on June 6th, 2024 will receive 0.19 HKD dividend per share on June 26th, 2024. The ex-dividend da

moomoo NewsMay 31 07:55 ET

Changes in Hong Kong stocks | Sany International (00631) fell more than 5% at the end of the session and was excluded. The MSCI China Index adjustment will take effect after the market

The Zhitong Finance App learned that Sany International (00631) fell by more than 5% at the end of the session. As of press release, it was down 5.45% to HK$5.9, with a turnover of HK$106 million. According to the news, MSCI previously announced the results of the May 2024 semi-annual index review for all of its indices. Among them, 15 Hong Kong stocks including Sany International were removed from the MSCI China Index, and the adjustments will officially take effect after closing today. CICC predicts that judging from the magnitude of the change in absolute weight, the bank estimates that due to this adjustment, Sany International estimates a passive capital outflow of about US$45.8 million. Furthermore, Sany International's consolidated revenue for the first quarter was approximately

Zhitong FinanceMay 31 03:38 ET