Movement Alert|Weichai Power Rises 3.15% in Regular Trading, Worlds First National VI Heavy-Duty Hydrogen ICE Certification Boosts Sentiment

Market Focus
07/06

On July 6, Weichai Power rose 3.15% in regular trading, trading at HK$38.06/share, with turnover of HK$73.49 million.

On the news front, Weichai Power's self-developed WP15 direct-injection heavy-duty hydrogen internal combustion engine has officially completed full National VI emission certification testing, becoming the world's first heavy-duty hydrogen ICE product meeting National VI standards, laying the foundation for zero-carbon commercialization of heavy-duty equipment.

In addition, Citi previously reiterated a \"Buy\" rating and raised the target price to HK$50, while CITIC Construction Investment also maintained a \"Buy\" rating, citing significant upside valuation potential. Morgan Stanley noted the company's natural gas engine small-batch delivery could be advanced to Q3. The stock had already gained 4.6% in the previous Hong Kong session and 6.59% on the A-share side, with short-term oversold rebound momentum continuing following earlier declines triggered by geopolitical tensions and institutional selling by Wellington Management and JPMorgan.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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