Construction Machinery and Heavy Transportation Equipment

LONKING

LONKING released FY2025 9 Months earnings on March 26 (BJT), actual revenue HKD 9.13 B, actual EPS HKD 0.2452

LONKING released FY2025 Q3 earnings on March 26 (BJT), actual revenue HKD 3.071 B, actual EPS HKD 0.0854

LONKING released FY2025 Q4 earnings on March 26 After-Market (BJT), actual revenue HKD 3.124 B, actual EPS HKD 0.0868

LONKING released FY2025 Annual Earnings on March 26 After-Market (BJT), Actual Revenue: HKD 0 (Forecast: HKD 12.16 B), Actual EPS: HKD 0 (Forecast: HKD 0.3048)

LONKING to release FY2025 earnings report on March 26 After-Market (BJT), forecast revenue HKD 12.42 B, EPS HKD 0.3112

UBS Raises Ratings and Earnings Projections for China's Construction Machinery Sector

LONKING released FY2025 Q1 earnings on August 26 (BJT), actual revenue HKD 2.997 B, actual EPS HKD 0.0803

LONKING released FY2025 Q2 earnings on August 26 After-Market (BJT), actual revenue HKD 3.063 B, actual EPS HKD 0.0807

LONKING released FY2025 Semi-Annual Earnings on August 26 After-Market (BJT), actual revenue HKD 6.059 B (forecast HKD 7.035 B), actual EPS HKD 0.1598 (forecast HKD 0.1531)

China Dragon Construction Machinery Reports Significant Revenue and Profit Growth in H1 2025

LONKING to Release FY2025 Semi-Annual Earnings on August 26 (BJT), Forecast Revenue HKD 7.035 B, EPS HKD 0.1531

China Longgang Receives ESG BB Rating from Huazheng Index

Excavator Export Sales Up 19.3% and Domestic Sales Up 16.4% in April

Lonking Invests Over 5.37 Billion Yuan in Wealth Management Products

China Dragon Construction Invests in Multiple Banks' Wealth Management Products

China Longgong (03339.HK) Receives BB ESG Rating from Huazheng Index for 2025, Ranking 15th

Jianyin International Report: China Longgong's Profits Align with Forecasts, Target Price Raised to HKD 2.5

2025 China Engineering Machinery Industry Rental Rate and Excavator Sales Forecast

LONKING released FY2024 9 Months Earnings on March 26 (BJT), with actual revenue of 8.474 B HKD and actual EPS of 0.188 HKD

LONKING released FY2024 Q3 earnings on March 26 (BJT), actual revenue 2.69 B HKD, actual EPS 0.0725 HKD

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Ordinary dividend (cash)

Ex Date: 2026.06.01, Cash dividend 0.2 HKD

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Yesterday, China Longgong's stock price fell by 2.33%, closing at HKD 3.36, showing a weak trend. Although the MACD daily line previously formed a bullish signal, yesterday's pullback indicates that the short-term buying pressure is insufficient to support the price's continued rise, and the signal is in a verification phase. The trading volume was approximately HKD 18.27 million, with relatively limited volume. A decline on reduced volume usually indicates that selling pressure is not fierce, but there is also a lack of active capital entering to support the price. The TTM price-to-earnings ratio of 10.36 is relatively low in the construction machinery sector, providing some valuation attractiveness. On the news front, domestic infrastructure investment and the real estate market trends are the core variables affecting the demand for construction machinery. The central bank's Q1 monetary policy report continues to maintain a moderately loose tone but removes the expression "cutting the reserve requirement ratio and interest rates," leading to slight adjustments in market expectations for infrastructure investment intensity in the second half of the year. Meanwhile, Weichai Power fell by 4.71% in the Hong Kong stock market yesterday, and the overall performance of the construction machinery sector was weak, lacking upward momentum from sector linkage. However, from a medium to long-term perspective, domestic new urbanization construction and overseas project demand from the "Belt and Road" initiative still provide incremental space for the industry. Technically, the HKD 3.30-3.40 range is a recent battleground for bulls and bears. If it can hold above HKD 3.30 today and stabilize and rebound, the MACD bullish signal still has a chance to take effect. Conversely, if it falls below HKD 3.30, it will enter a corrective trend in the short term. In terms of volume, it is necessary to observe whether there are signs of moderate volume stabilization today; a decline on reduced volume is unfavorable for bulls. The short-term trend is considered neutral; although the bullish signal has been triggered, it requires confirmation through price and volume coordination

Technical Forecast

Weichai Power

WEICHAI POWER

GF Fund CSI Construction Machinery Theme ETF

Dacheng CSI Construction Machinery Theme ETF

Guotai CSI Subdivision Mechanical Equipment Industry Theme ETF

Pre-market trend | LONKING (3339.HK) 5/12 volume contraction pullback, bullish signal pending verification

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Top 10 HK Stock Gainers (3.27)

588850

Lonking Holdings Ltd. (OTCMKTS:LONKF) shares have crossed above their 50-day moving average of $0.33 during trading, reaching a high of $0.33. The stock is currently trading down 0.9%. Lonking is a China-based manufacturer of construction machinery, including wheel loaders and excavators. Despite the recent price movement, analysts maintain a Hold rating on Lonking, suggesting that there are better investment opportunities available.

Market Beat

Harvest SSE STAR Industrial Machinery ETF

Lonking (OTCMKTS:LONKF) Share Price Passes Above 50 Day Moving Average   - Here's What Happened

Lonking Holdings (HK:3339) has set higher annual purchase caps for connected transactions with Longyan City Jinlong Machinery, amounting to RMB50 million, RMB60 million, and RMB70 million for 2026, 2027, and 2028, respectively. This decision reflects management's optimistic outlook on a recovery in the construction machinery market in China. The board believes these caps are fair and reasonable, ensuring no premium is paid to the connected supplier. Analysts rate the stock as a Buy with a target price of HK$3.50, indicating confidence in future growth.

Tip Ranks

Lonking Sets Higher Caps on Connected Parts Purchases Amid Expected Machinery Market Recovery

Lonking Holdings has renewed its master purchase agreement with Jinlong Machinery Company for machinery parts from January 1, 2026, to December 31, 2028. This continuing connected transaction complies with Hong Kong listing rules, requiring reporting and annual review but no shareholder approval. The latest analyst rating for Lonking Holdings (HK:3339) is a Buy with a price target of HK$3.50. Lonking Holdings is a construction machinery manufacturer based in the Cayman Islands, focusing on machinery components and parts.

Lonking Renews Connected Parts Supply Deal With Jinlong Through 2028

Lonking Holdings Limited's stock rose by 8.9% over three months, possibly driven by its financial fundamentals. The company's ROE is 11%, higher than the industry average of 8.8%, but its net income shrank by 20% over five years. Despite high dividend payouts, analysts expect future earnings growth. The company retains only 49% of profits, limiting reinvestment and earnings growth.

Simplywall

Lonking Holdings Limited (HKG:3339) On An Uptrend: Could Fundamentals Be Driving The Stock?

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UBS published a research report expressing an optimistic outlook on the Chinese construction machinery industry, believing that the industry's upward cycle will continue until 2029. UBS raised the target prices for Zoomlion and LONKING to 7.8 yuan and 3.2 yuan, respectively, and forecasted earnings per share growth of 49% and 27% for 2025 and 2026, respectively. XCMG was listed as the industry preference, receiving a "Buy" rating

AASTOCKS

Zoomlion

ZOOMLION

UBS raises target price and earnings forecast for Zoomlion and LONKING for this year and next year

LONKING (3339.HK) saw a surge in funds during the morning session, hitting a yearly high before quickly retreating, showing clear short-term divergence. The heavy truck sector has frequently released a series of policy measures, attracting speculative funds, but after the rise, it faced dense selling pressure, becoming today's community focus: "Is the breakthrough weak, and can we still enter another wave?" Market information shows that LONKING's current rally is heavily influenced by policy incentives, and any new changes in heavy truck export data or subsidy policies could ignite sector sentiment. Currently, the 5-day/10-day moving averages are being tested repeatedly; if they do not break down, funds may launch a second wave at any time. It is worth noting that the trading volume today has slightly increased compared to previous periods, and the expansion space depends on whether subsequent policy catalysts materialize. 

From an operational perspective, for special funds that prefer short-term high selling and low buying, as long as the support holds, there is still cost-effectiveness in betting on a pullback. Conservative players are advised to wait for a breakthrough above HKD 8.30, confirming effectiveness on a pullback before entering. If there is a significant volume breakout above yesterday's high, the "LONKING system" is expected to drive the overall heavy truck sector to exceed expectations. However, if there is a volume contraction at high levels leading to stagnation, one should be cautious of emotional profit-taking adjustment pressure

Morning Trend | LONKING surged and then fell back, can heavy truck policies catalyze another wave of counterattack?

LONKING(03339.HK)