Movement Alert|SANY Heavy Industry Rises 3.3% in Regular Trading, Excavator Index Signals Infrastructure Recovery Boosting Market Sentiment

Market Focus
May 21

On May 21, SANY Heavy Industry rose 3.3% in regular trading, trading at 21.68 HKD/share with trading volume of 21.93 million HKD, ending a multi-day correction streak. The rebound was driven by the latest Excavator Index data pointing to a solid infrastructure recovery.

According to the Excavator Index developed by SANY Heavy Industry based on ROOTCLOUD technology, the national average utilization rate for construction machinery reached 45.09% in April, up 3.6 percentage points month-over-month, with trackable sample workload growing 12.55% sequentially. Port logistics, large-scale hoisting, and civil construction sectors all showed comprehensive improvement, with concrete equipment utilization rising 5.42 percentage points month-over-month to 44.96%, and hoisting equipment reaching 73.43%. Nine subcategories achieved both year-over-year and month-over-month gains, confirming accelerating project commencement across major infrastructure programs.

Within the Construction Machinery and Heavy Trucks sector, WEICHAI POWER rose 1.93%, SINOTRUK rose 1.68%, TIMES ELECTRIC rose 1.18%, and COMEC rose 2.41%, indicating broad sector stabilization.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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