Home: Motoring > Sinotruk Shares Surge Nearly 10% Pre-Midday as Management Raises Full-Year Export Guidance

Sinotruk Shares Surge Nearly 10% Pre-Midday as Management Raises Full-Year Export Guidance

From:Internet Info Agency 2026-07-23 11:45:02

Sinotruk (03808.HK) shares surged more than 11% before noon, and as of the time of reporting, were up 9.99% at HK$42.50, with trading volume reaching HK$450 million. The company stated that its production and operations maintained steady growth in the first half of the year, with significant year-on-year increases in both production and sales volumes, and continued expansion of its overseas export business, keeping its market share firmly among the top in the heavy-duty truck sector. Citigroup noted that the company’s management has raised its full-year export sales guidance. Additionally, data shows that from January to June 2026, China’s heavy-duty truck industry recorded cumulative sales of 660,900 units, up 23% year-over-year; June alone saw sales of approximately 116,600 units, a 19% increase compared to the same period last year.

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