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Weichai Power Co ( (HK:2338) ) has issued an update.
Weichai Power Co., Ltd. has observed an unusual increase in both the price and trading volume of its shares. The company’s board of directors has stated that they are unaware of any specific reasons for these movements and have advised shareholders and investors to exercise caution when dealing with the company’s shares.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on Weichai Power Co stock, see the HK:2338 Stock Forecast page.
More about Weichai Power Co
Weichai Power Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates within the manufacturing industry, focusing on the production of engines, powertrains, and related automotive components. The company is listed on the Hong Kong Stock Exchange and is recognized for its significant presence in the global market.
Average Trading Volume: 12,662,986
Technical Sentiment Signal: Buy
Current Market Cap: HK$149.6B
Find detailed analytics on 2338 stock on TipRanks’ Stock Analysis page.