The rapid growth of the leading company's performance is the engine of this market. China Longgong's performance in the domestic market share of 12% rose sharply in 2005. The decline in steel prices has reduced the cost of construction machinery. The extraordinary development of new rural construction and railway construction has brought new development opportunities to construction machinery. The significant reduction in the import and export deficit of construction machinery indicates that the export demand has gradually increased.
Industry boom and foreign-funded M&A theme, the construction machinery sector will be stronger next week
Under the demonstration effect of Hong Kong stocks China Longgong, this week, Hebei Xuangong, G Sanyi, G Xiagong were sealed in the daily limit, and G Liugong and other related varieties also performed well. Related varieties of the construction machinery sector in the market are expected to continue to remain strong.
August 03, 2018