HK Stock Market Move | Sinotruk Jinan Truck (03808) now up over 5%. Sinotruk Jinan Truck's heavy truck export sales in January exceeded 16,000 vehicles, setting a new historical high.

Sinotruk Jinan Truck (03808) opened more than 14% higher, but the increase fell to 4% after the opening. As of the time of writing, it has risen by 4.33% to HK$41.88, with a turnover of HK$1.19 billion. On the news front, Sinotruk Jinan Truck's heavy truck export sales in January exceeded 16,000 vehicles, breaking the historical high once again after surpassing the 15,000 vehicle mark for the first time in September last year, starting the new year with a "good start". Data shows that the annual sales volume of complete vehicles exceeded 440,000 vehicles in 2025, with a year-on-year increase of 22.5%. Among them, heavy truck sales reached 300,000 vehicles, maintaining the top spot in China's heavy truck industry for four consecutive years; annual heavy truck exports exceeded 150,000 vehicles, with a year-on-year growth of over 14%. UBS released a research report stating that Sinotruk Jinan Truck's export business performance is strong, and product structure continues to improve, becoming the main drive for profit growth in 2026. It is worth noting that Sinotruk Jinan Truck H and A-share listed company Sinotruk Jinan Truck A, both referred to as "Sinotruk Jinan Truck", have distinct differences in equity structure and asset composition. Heavy Truck H holds 51% of Heavy Truck A's equity. From the perspective of equity ownership, Heavy Truck A is subordinate to Heavy Truck H.