Changes in Hong Kong stocks | Zoomlion Heavy Industries (01157) rose more than 5%, and the company's domestic and foreign sales remain strong, and mining machinery will become a new growth area

The Zhitong Finance App learned that Zoomlion Heavy Industries (01157) rose by more than 5%. As of press release, it had risen 5.08% to HK$8.07, with a turnover of HK$151 million.

According to the news, according to data from the China Construction Machinery Industry Association, the sales volume of the loader/excavator industry increased 32%/14% year on year in November. According to CMB International, Zoomlion Heavy Industries expects domestic machinery sales to increase 20-30% year-on-year from October to November, further accelerating by 13% year-on-year in 3Q25. Overseas, I believe the company's sales growth from October to November also remained strong.

The bank believes that mining machinery, especially large-scale mining and large-scale mining trucks, will become the main growth area for Chinese construction machinery manufacturers in 2026, mainly benefiting from the expected high level of capital expenditure of global mining companies against the backdrop of high metal prices, declining ore grade and equipment aging; Chinese mining companies going overseas will continue to drive demand for Chinese brand equipment.