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Despite a better risk assessment and improving to Neutral, SINOTRUK (HONGKONG) LTD. remains under pressure

SINOTRUK (HONGKONG) LTD. (HK), a company active in the Commercial Vehicles & Trucks industry, improves its market behaviour and slightly increases its general evaluation. The independent financial analyst theScreener just upgraded the stock market behaviour as moderately risky. At a fundamental level, theScreener confirms 1 out of 4 possible stars; the general evaluation is slightly increased to Neutral but the title remains under pressure. As of the analysis date August 9, 2019, the closing price was HKD 11.72 and its target price was estimated at HKD 8.62.
Sinotruk Hong Kong (Red Chip)

Sinotruck is a heavy duty truck (HDT) manufacturers in the PRC which specializes in the research, development and manufacture of HDTs, light duty trucks (LDTs) and buses and related key parts and components. Through its diversified product portfolio, Co. serve a range of customers from different major industries including infrastructure, construction, container transportation, logistics, mining, steel and chemical. Co. mainly manufactures trucks and also produces key parts and components such as engines, cabins, axles, steel frames and gearboxes. Co. sells truck engines and engines for use in industrial and construction machineries to independent third parties in addition to its own use.


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