HUZHIST@EC2612A

Citi Research: Favorable Impact of Agricultural Modernization Policy on Zoomlion

Zoomlion plans to issue 6 billion yuan convertible bonds

Zoomlion Successfully Issued HK Listed Convertible Bonds

ZOOMLENG HEAVY EQUIPMENT CO., LTD plans to issue up to 6 billion yuan convertible bonds

Zoomlion Promotes Intelligent Manufacturing through AI

Citibank Raises Profit Forecasts and Target Price for Zoomlion

Shenwan Hongyuan Gives Buy Rating to Zoomlion

Zoomlion Concludes R&D Projects and Permanently Supplements Working Capital with 224 Million Yuan

ZOOMLENG HEAVY EQUIPMENT Holds Special Shareholders' Meeting Approving Dividend Plan and Revision of Related Transactions Rules

Zoomlion Expands Agricultural Machinery Business in Kenya

Zoomlion Aids Kenyan Farmers to Adapt to Climate Change

ZOOMLON Completes Acquisition of 81% Equity in Zoomlon Financial Leasing

Zoomlion Recognized as Top Smart Manufacturing Factory

Zoomlion's Revenue and Profit Increased in the First Half of 2025, Market Anticipates Higher Dividend Yield

CMBI Upgrades ZOOMLON's Earnings Forecast and Target Price

Zoomlion and others participate in the 2025 World Intelligent Manufacturing Conference

Zoomlion Updates Plan to Issue 6 Billion Yuan Convertible Bonds

Zoomlion to Hold Extraordinary General Meeting to Deliberate on Dividend Scheme

Changsha Accelerates Modern Industrial System Construction, Consolidates Advanced Manufacturing Foundation

UBS Raises Ratings and Earnings Projections for China's Construction Machinery Sector

STARCOIN GROUP

AE LOGISTICS

GUANZE MEDICAL

WATER INDUSTRY

ZHONGSHI MINAN

IDT INT'L

HAIZHI TECH GP

MANY IDEA CLOUD

FIRST CAP GP

XL2CSOPCOIN-U

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Citigroup's research report pointed out that in January 2023, the shipment volume of tower cranes in mainland China increased by 7% year-on-year, ending a continuous decline for 30 months. This growth is not only due to a low base but also reflects the improvement in China's real estate policies and a slight rebound in market demand. Citigroup expects this news to boost the stock prices of Zoomlion and SANY INT'L, with a preference for Zoomlion, a target price of 10.2 yuan, and a rating of "Buy."

AASTOCKS

SANY INT'L

Zoomlion

Harvest SSE STAR Industrial Machinery ETF

Dacheng CSI Construction Machinery Theme ETF

GF Fund CSI Construction Machinery Theme ETF

ZOOMLION

"Big Banks" Citigroup: Mainland crane shipments regain growth, industry top pick is Zoomlion

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HSBC's research report indicates that driven by the rising cycle of the mining industry and electrification, domestic excavator brands will further capture market share, with China's excavator exports and domestic sales expected to grow by 15% and 6% respectively by 2026. The bank raised the target price for Zoomlion to HKD 12, with a rating of "Buy." It also has a positive outlook on Caterpillar and XCMG, with target prices of USD 850 and RMB 13.5 respectively. JSHL's target price is RMB 131, with a rating of "Buy."

JSHL

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

XCMG

According to "The Big Banks," Huayan Research expects that domestic excavators will benefit from the rising cycle of the mining industry and electrification, raising the target price for Zoomlion to 12 yuan

Zoomlion Heavy Industry Science & Technology Co., Ltd. will participate in CONEXPO-CON/AGG 2026, showcasing its latest intelligent construction solutions and flagship equipment from March 3-7, 2026, in Las Vegas. The exhibition will highlight the company's commitment to smart construction, digital management, and sustainability, featuring advanced technologies like 5G remote operation. Zoomlion aims to engage with industry partners and demonstrate its innovative practices in construction technology, reflecting its global integrated approach and localized operations in the Americas.

prnewswire

07:37 ETZoomlion presentará soluciones de construcción inteligente y equipos emblemáticos en CONEXPO-CON/AGG 2026

Zoomlion Heavy Industry Science and Technology Co. Ltd. has announced the listing of RMB6 billion 0.70% USD-settled convertible bonds due 2031 on the Stock Exchange of Hong Kong. The bonds, aimed at professional investors, are expected to be effective for trading on February 6, 2026.

Reuters

Zoomlion Issues RMB6 Billion 0.70% USD-Settled Convertible Bonds

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Citigroup's research report points out that the "No. 1 Document" issued by the State Council of China aims to promote agricultural modernization, emphasizing the use of technologies such as AI and drones to enhance agricultural productivity. The document has a particularly positive impact on Zoomlion, with expectations that by 2026, approximately 8% of the company's revenue will come from agricultural machinery business. Citigroup reiterates a "Buy" rating on Zoomlion, with a target price of 10.2 yuan

Yinhua CSI Agriculture Theme ETF

ZZ Science & Technology

E Fund CSI Modern Agriculture Theme ETF

Fullgoal CSI Agriculture Theme ETF

Citi expects Zoomlion to benefit from the national policy on agricultural technology in mainland China, reiterating a "Buy" rating

Zoomlion Heavy Industry Science and Technology Co. Ltd. has announced a proposed offering of RMB 6 billion in convertible bonds due 2031. Upon full conversion at an initial price of HK$10.02, 673,189,831 H shares will be issuable, representing 43.36% of the company's total issued H share capital and 7.78% of its total issued share capital. All other details from the original announcement remain unchanged.

Zoomlion Announces RMB6 Billion Convertible Bond Offering

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The Hang Seng Tech Index closed down 1.07%, having fallen more than 3.4% at one point during the morning session. Most tech stocks declined due to market rumors, with Kuaishou down over 4% and Baidu Group down over 3%; non-ferrous metal stocks rebounded, with WANGUO GOLD GP rising over 13%; the machinery and defense military sectors performed actively, with CIMC up over 14% and Zoomlion up over 9%

Wallstreetcn

Guotai CSI Non-ferrous Metal ETF

WANGUO GOLD GP

ChinaAMC Gold ETF

China Southern CSI SWS Non-Ferrous Metal ETF

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Yinhua CSI Non-ferrous Metal ETF

CIMC

EFUND GOLD MI ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

ZHONGJIN GOLD

SD-GOLD

Hong Kong stocks close: Hang Seng Index fluctuates and rises by 0.22%, gold stocks rebound

Zoomlion surged strongly in the early morning session yesterday, followed by a volatile pullback, with significant rotation of main funds throughout the day. The construction machinery sector, supported by continuous policy boosts, became a focal point for short-term speculative funds. In the morning, bullish main players actively entered the market, while afternoon profit-taking emerged at high levels, intensifying the tug-of-war between bulls and bears, leading to clear market divergence. In terms of volume, it maintained balance throughout the day, with an accelerated frequency of fund rotation. The technical structure is slightly bullish in the short term but has faced resistance multiple times at high levels. The characteristic of the sector is that leading stocks are actively rotating. Currently, the market's hot topic focuses on the progress of engineering investments and the catalysis of new infrastructure policies, with uncertainty in the short-term direction of main funds. Technically, attention should be paid to the actual effectiveness of support zones, and event catalysts will be key to the structural changes in the next phase. In terms of operations, be cautious of the risk of pullbacks after rapid market surges, and under the rising divergence among main players, it is advisable to control positions, primarily observing changes in fund flows and policy news dynamically, and respond flexibly in the short term

Technical Forecast

Zoomlion (1157.HK): After a rise and fall, the main force shows divergence, focus on event catalysts in the engineering main line

On July 19, the Yarlung Tsangpo super hydropower project (with an investment of 1.2 trillion yuan!) officially kicked off, with five giant power stations under construction, generating electricity equ...

LONKING

CHINA POWER

CHINA RES POWER

DONGFANG ELEC

DEC.LTD

HARBIN ELECTRIC

SH ELECTRIC

Shanghai Electric

CR BLDG MAT TEC

HX BLDG MAT

Huaxin Building Materials

CNBM

CHINA NATIONAL BUILDING MATERIAL CO UNSP ADR EACH REPR 50 ORD

DATANG POWER

Datang Power

雅江水电工程 1.2 万亿投资引爆市场！哪些港股接住 “万亿订单”？

HUZHIST@EC2612A(16915.HK)

"Big Banks" Citigroup: Mainland crane shipments regain growth, industry top pick is Zoomlion

According to "The Big Banks," Huayan Research expects that domestic excavators will benefit from the rising cycle of the mining industry and electrification, raising the target price for Zoomlion to 12 yuan

07:37 ETZoomlion presentará soluciones de construcción inteligente y equipos emblemáticos en CONEXPO-CON/AGG 2026

Zoomlion Issues RMB6 Billion 0.70% USD-Settled Convertible Bonds

Citi expects Zoomlion to benefit from the national policy on agricultural technology in mainland China, reiterating a "Buy" rating