Workflow
潍柴动力:Still positive, but wait for a better entry point after 3Q24E results

14 Oct 2024 Earnings Summary CMB International Global Markets | Equity Research | Company Update Weichai Power (000338 CH) Still positive, but wait for a better entry point after 3Q24E results We trim our HDT engine sales volume forecast by 7%/7%2% in 2024E/25E/26E, after incorporating our new industry HDT sales forecast (for details, please refer to our sector report "China Heavy-duty Truck – Headwinds in 4Q24 in both China & export; Eyes on policy-driven recovery in 2025"). In the near term, we believe th ...