On May 22, Weichai Power (02338.HK) rose 3.84% in regular trading, trading at 40.2 HKD/share, with trading volume of approximately 49.53 million HKD, ending a three-session losing streak.

On the news front, the company recently announced the completion of its A-share buyback program, having repurchased 50.25 million shares at a total cost of 761 million yuan, sending a positive signal to the market. Additionally, Shandong Province released a policy to channel over 10 billion yuan in funds over three years to promote deep integration of artificial intelligence and manufacturing, boosting market expectations for the company's positioning in the AIDC power supply segment.

The prior selling pressure triggered by Daiwa's downgrade from Buy to Outperform — despite simultaneously raising the H-share target price from 40 HKD to 50 HKD — appears to have been largely absorbed after three consecutive sessions of decline, with the stock now exhibiting a technical recovery.

Within the Construction Machinery and Heavy Trucks sector, SINOTRUK rose 1.68%, TIMES ELECTRIC rose 0.82%, SANY INT'L rose 0.45%, COMEC rose 0.27%, while SANY HEAVY IND fell 0.66%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)