[Broker Focus] CCB International indicates that the low point in the construction/heavy equipment industry has been boosted by a surge in overseas demand, preferences such as Zoomlion Heavy Industries (01157)

Jinwu Financial News | CCB International said that in 2023, the overseas sales of China's top seven construction/heavy equipment manufacturers increased by an average of 41% year over year. Each of these seven companies increased sales by at least 1 billion yuan outside of China. Aerial work platforms, mining equipment, cranes, and electrical equipment are growing faster than high-value, large-order earthmoving machinery categories. As for the Chinese market, the average sales of the seven companies fell 5% in 2023. However, profit margins have expanded for all companies. Currently, the outlook for industry demand depends on a possible rebound in spending, which may benefit from

金吾財訊22:08 ET

Hong Kong Stock Concept Tracking | Promoting intelligent mine construction to fully benefit from domestic equipment policy support (with concept stocks)

According to the website of the State Mine Safety Supervision Administration, the State Mine Safety Supervision Administration, the Ministry of Emergency Management, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the Ministry of Finance, and the Ministry of Education issued the “Guiding Opinions on Further Promoting Intelligent Mine Construction to Promote Mine Safety Development”, which mentions the development of core equipment. Accelerate the development and application of core components, sensors, key control units and operating systems of intelligent mining equipment, and accelerate the development and iterative update of mining robots. Develop high-end mining sensors and special instruments and equipment such as distributed optical monitoring, high-precision microseismic monitoring, and 3D laser scanning. Strengthen complete equipment for intelligent quick excavation and hard rock cutting

Zhitong FinanceMay 7 01:53 ET

Changes in Hong Kong stocks | Sany International (00631) rose by nearly 14%, and seven departments issued documents to promote the steady growth of mining equipment for intelligent mining construction companies

Sany International (00631) rose by nearly 14%. As of press release, it had risen 9.53% to HK$655, with a turnover of HK$108 million.

Zhitong FinanceMay 6 22:31 ET

Hong Kong Stock Concept Tracking | Leading institutions in agricultural machinery loan growth in the first quarter are optimistic about the increase in overseas revenue from agricultural machinery exports (with concept stocks)

Currently, spring farming across the country is nearing its end. The reporter learned in Guangdong, Anhui and other places that agricultural machinery loans have become one of the fastest growing areas of agricultural loans since this year, showing that the level of agricultural mechanization in China continues to rise. According to the data, since this year, the agricultural machinery loan balance of the Agricultural Bank has increased by more than 50% compared to the beginning of the year, making it one of the fastest growing areas of agricultural loans. The General Administration of Financial Supervision also proposed that this year, it is necessary to increase the issuance of credit loans to new agricultural operators and farmers to raise the level of financial services in rural areas. According to the Chinese Government Network, the Ministry of Finance plans to allocate 24.6 billion yuan to support the purchase and application of agricultural machinery in 2024

Zhitong FinanceMay 6 21:38 ET

There May Be Underlying Issues With The Quality Of Zoomlion Heavy Industry Science and Technology's (SZSE:000157) Earnings

Zoomlion Heavy Industry Science and Technology Co., Ltd. (SZSE:000157) announced strong profits, but the stock was stagnant. We did some digging, and we found some concerning factors in the details.

Simply Wall StMay 6 18:52 ET

Hao Tian International Construction Investment Group Limited's (HKG:1341) Price Is Out Of Tune With Revenues

When close to half the companies in the Trade Distributors industry in Hong Kong have price-to-sales ratios (or "P/S") below 0.6x, you may consider Hao Tian International Construction Investment Group

Simply Wall StMay 6 18:52 ET