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(HKG:2338)?","url":"https://stock-news.laohu8.com/highlight/detail?id=2504247943","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504247943?lang=en_us&edition=fundamental","pubTime":"2025-01-20 12:17","pubTimestamp":1737346642,"startTime":"0","endTime":"0","summary":"Weichai Power Co., Ltd. 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LNG demand outlook seems weak for rest of 2H owing to factors such as LNG heavy-duty trucks not being eligible for the nationwide trade-in policy and a shrinking diesel-LNG spread that has curbed LNG HDT demand, the analyst adds. The brokerage cuts its 2024-2026 gross-margin estimates for the diesel-engine manufacturer by 0.4-0.5 percentage points. It downgrades the stock's rating to hold from buy and lowers its target price to HK$13.50 from HK$16.00. Shares are 3.4% lower at HK$12.58. 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