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Weichai Power (02338) transferred a total market value of HK$1,342 billion, accounting for 2.10%, transferred 34,146,900 shares from Citibank
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The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on September 8, Weichai Power (02338) changed positions, with a total transfer market value of HK$1,342 billion, accounting for 2.10%. The company's shareholders transferred 25.617,700 shares to HSBC in Hong Kong and Shanghai, and 34,146,900 shares from Citibank.

Morgan Stanley recently released a research report stating that Weichai Power's 2027-2028 revenue forecasts were raised by 4% and net profit forecasts were raised by 15%, mainly reflecting stronger growth prospects for AIDC products, while the 2026 forecast remained largely unchanged. The bank slightly lowered its target price from HK$47 to HK$46, and the rating maintained an “increase in holdings”.

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