Weichai Power Announces Spin-Off and Listing of Weichai Lovol

Weichai Power Co ( (HK:2338) ) has issued an update.

Weichai Power Co., Ltd. has announced its plan to spin-off and list its subsidiary, Weichai Lovol, on the Main Board of the Hong Kong Stock Exchange. This move is part of a global offering strategy, with the listing application submitted on June 20, 2025. The proposed spin-off aims to provide existing shareholders with assured entitlements to new shares, although this is subject to various regulatory approvals and market conditions. The completion of this spin-off is expected to maintain Weichai Power as the holding company of Weichai Lovol, potentially enhancing its market positioning and offering new investment opportunities for stakeholders.

The most recent analyst rating on (HK:2338) stock is a Buy with a HK$20.00 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, operating within the manufacturing industry. The company is primarily involved in the production of power systems and related components, focusing on the development and distribution of engines, heavy-duty vehicles, and intelligent agricultural technology through its subsidiary Weichai Lovol.

Average Trading Volume: 11,118,174

Technical Sentiment Signal: Buy

Current Market Cap: HK$146.7B

For a thorough assessment of 2338 stock, go to TipRanks’ Stock Analysis page.