SINOTRUK's stock plummeted 5.04% intraday, reflecting ongoing pressure in the heavy machinery sector as investors continue to take profits following a sharp prior rally.

The decline represents a continuation of the sector's correction, driven by sustained profit-taking pressure. The stock had recently reached a historical high after receiving a rating upgrade from Goldman Sachs, but subsequent sessions have seen significant selling pressure with notable capital outflows from both institutional and northbound investors.

Analysts note that the current retreat primarily reflects digestion of prior gains exceeding 50% year-to-date rather than any deterioration in business fundamentals, with the company maintaining solid production and sales growth in Q1.