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Weichai Power Co ( (HK:2338) ) has issued an update.
Weichai Power Co., Ltd. has established a Strategic Development and Investment Committee to enhance its strategic development and investment decision-making processes. This committee is tasked with reviewing and advising on the company’s mid-term and long-term development strategies and significant investment decisions. By improving the efficiency and quality of major investment decisions, Weichai Power aims to strengthen its core competitiveness and refine its corporate governance structure, potentially impacting its operations and market positioning positively.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$18.30 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. operates in the manufacturing industry, focusing on the production of diesel engines, powertrain systems, and related components. The company is a significant player in the automotive and equipment manufacturing sectors, providing products and services that cater to a global market.
Average Trading Volume: 8,620,698
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$143.9B
See more insights into 2338 stock on TipRanks’ Stock Analysis page.