Daiwa Raises SINOTRUK's Target Price to HKD29.4, Maintains Outperform Rating
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 06 2025
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Source: aastocks
Overseas Demand for Chinese Trucks: Daiwa's research report indicates that overseas demand for Chinese-made heavy trucks will remain strong next year, driven by the US easing cycle and China's trade-in policies boosting domestic demand.
Positive Outlook for SINOTRUK: The broker maintains a positive outlook on SINOTRUK (03808.HK), expecting the company to gain further global market share due to its industry-leading position.
Rating and Target Price Update: SINOTRUK's rating has been reiterated as Outperform, with its target price increased from HKD21.7 to HKD29.4.
Short Selling Data: As of November 5, 2025, SINOTRUK has a short selling amount of $38.00M, with a short selling ratio of 22.110%.
Analyst Views on 03808
Wall Street analysts forecast 03808 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 03808 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 28.740
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Current: 28.740
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
