On June 8, Weichai Power (02338.HK) declined 5.48% in regular trading, trading at 36.36 HKD/share, with trading volume of 57.81 million HKD, extending the previous week's weakness.

The decline represents a continuation of selling pressure triggered by the company's clarification on June 1 that it has \"no gas turbine products,\" directly denying market speculation that it was part of the supply chain for SpaceX's reported $2.8 billion gas turbine procurement to power AI data centers. Concept-driven capital has been accelerating its exit since the announcement. Over the prior week, the company's A-shares fell a cumulative 11.94%, with main capital net outflows totaling 1.077 billion yuan. Southbound funds have net reduced holdings by 24.74 million shares over the past 20 trading days.

Despite the concept unwind, institutional research notes highlight structural positives: Q1 data center engine sales exceeded 500 units with over 240% year-over-year growth, and Goldman Sachs maintains a \"Buy\" rating with a 56 HKD target, projecting AIDC power generation profit contribution to grow approximately tenfold by 2030.

(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.)