SANY INT'L

Sany Heavy Equipment opened low and rallied sharply, starting the morning session at HKD 6.61, charging to an intraday high of HKD 7.30, and closing at HKD 7.23, up 8.07% from the previous close of HKD 6.69. The strong performance was driven by positive news flow: the company proposed a final dividend of HKD 0.35 per share (implying a 4.84% yield) and reported a 61.5% surge in full-year net profit to RMB 1.779 billion. While Q1 2026 revenue grew 19.81% YoY to HKD 7.54 billion, net profit fell 15.11% YoY and operating profit declined 19.18%, indicating margin pressure. The stock has reclaimed its 20-day moving average (HKD 7.26) but remains well below the 60-day MA (HKD 9.67), and is down 55.48% from its 52-week high of HKD 16.24 and 16.51% year-to-date. However, the intraday high of HKD 7.30 stalled at the MA20 level, suggesting resistance.