HK Stocks Movement | Construction Machinery Stocks Lead Gains as September Export Value Rises YoY; Leading Firms' Q3 Earnings Expected to Accelerate

Stock News
Oct 30

Construction machinery stocks led gains in Hong Kong's market. As of press time, SANY HEAVY IND (06031) rose 8.68% to HK$23.78, MORIMATSU INTL (02155) gained 8.02% to HK$10.1, SINOTRUK (03808) climbed 3.47% to HK$26.26, and ZOOMLION (01157) advanced 1.53% to HK$7.32.

According to customs data compiled by the China Construction Machinery Association, the import and export trade value of construction machinery in September 2025 reached $5.505 billion, up 29.1% year-on-year. This included $234 million in imports (an 18.5% YoY increase) and $5.271 billion in exports (a 29.6% YoY rise).

Guoyuan Securities noted that domestic industry leaders maintain strong competitive advantages in both supply and demand aspects of exports. The firm remains optimistic about sustained steady growth in the construction machinery sector.

Zheshang Securities highlighted that with rising overseas market share, the gradual start of domestic equipment renewal cycles, and a low base effect from the second half of 2024, leading construction machinery companies are expected to see accelerated earnings growth in their third-quarter reports.

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