China National Heavy Duty Truck: Undervaluation of Leading Value in Heavy Truck Industry


Last week, the Shanghai and Shenzhen stock indexes continued to test the support of the 30-day moving average under the weight of property and financial sectors. The shrinking volume, the wait-and-see atmosphere, and the unabated momentum of the stocks of the index stocks will lead to the stock market index will not be able to get rid of the weak market structure. It is recommended that investors be cautious in their operations. Here we suggest that we can pay attention to Sinotruk. The company is the largest domestic manufacturer of trucks with a capacity of more than 15 tons. The majority shareholder CNHTC Group owns more than 760 models. The company also put forward the goal of implementing an internationalization strategy and strives to build China National Heavy Duty Truck into an internationally renowned automobile brand by 2010 and enter the world's top 500.

In the secondary market, after the stock has undergone sufficient consolidation, the stock price bubble has been squeezed and the value of the midline investment has started to show up. Currently, the stock is slowly rising on the 30-day moving average and the rebound trend does not change. We recommend proper attention.


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