Most benefited from the mainland infrastructure, Z

2022-07-30
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Introduction: according to Hong Kong media reports, Premier Wen Jiabao earlier made it clear that macro adjustments should be made to ensure that the national focus on construction projects has different functional demands and capital needs, especially affordable housing projects. The market generally believes that this speech will continue to support the development of infrastructure in the mainland, and the machinery stocks closely related to infrastructure will also benefit from it

according to Hong Kong media reports, Premier Wen Jiabao earlier made it clear that the macro-control should be "fine tuned" to ensure the funding needs of key national construction projects, especially affordable housing projects. The market generally believes that this speech will continue to support the development of infrastructure in the mainland, and machinery stocks closely related to infrastructure will also benefit. Zoomlion [9.87 -0.80% stock bar Research Report] (1157) is worth noting

Zoomlion is an engineering machine that provides concrete machinery, lifting machinery, sanitation machinery and other products. The screen display is a power on machine manufacturer, and its business network covers Europe, Asia and other regions. As of the end of September this year, the company's net profit was 5.962 billion yuan, up 90% over the same period last year, of which 1.33 billion yuan was earned in the third quarter, up 44%; Earnings per share was 0.78 yuan, an increase of 55%

industry integration has advantages over the corresponding national standards and the corresponding tooling and fixture leaders.

although Zoomlion achieved ideal performance in the first three quarters, the performance of the stock once fell after the performance period due to the slowdown of revenue growth in the third quarter compared with the previous period. In this regard, Goldman Sachs reduced its target price from 14.3 yuan to 14 yuan, but reiterated its "buy" rating. In addition, Lyon reported that although the sales data of China's construction machinery decreased month by month, the industry outlook should not be too negative. It is expected that the market of the industry will begin to integrate next year, which will benefit the industry leaders

in addition, Zoomlion gained 2203400 and 200300 additional shares held by fidelity and motong respectively last month, increasing the shareholding of the two funds to 5.09% and 9.08% respectively. The stock closed at 11.24 yuan last Friday, a potential increase of nearly 25% from Goldman Sachs' target price of 14 yuan

but can be combined with it

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