On September 8, WEICHAI POWER fell 3.03% in regular trading, trading at 31.98 HKD/share, with turnover of HKD 254 million. The decline came as the stock gave back its prior session gains following the formal completion of its Hang Seng Index inclusion.

WEICHAI POWER was officially added to the Hang Seng Index on September 7 and surged over 3% that day, supported by passive fund rebalancing demand. With the blue-chip inclusion catalyst now fully realized and the passive rebalancing window essentially closed, the short-term positive driver has been exhausted. Goldman Sachs had previously estimated potential passive fund net inflows of between USD 160 million and USD 470 million for the stock.

On the fundamental side, the company reported record first-half results with net profit attributable to shareholders of RMB 7.701 billion, up 36.5% year-over-year, while power and energy engine sales reached 65,000 units, up 31.3%. AIDC backup power engine sales exceeded 1,400 units in the first half, surpassing the full-year total of the prior year. Multiple investment banks including Bank of America, Morgan Stanley, and Bocom International maintain Buy ratings with target prices ranging from HKD 44.5 to HKD 47.5.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)