- Barrons.com•28 days ago
Zoomlion’s (1157.HK) Hong Kong-listed H-shares fell 5% this morning after the tractor maker issued a profit warning yesterday evening. Zoomlion expects to earn between CNY0.00 and CNY0.01 a share in the December quarter. Nomura analyst Patrick Xu notes, “Although sales of earth-moving machinery started to pick up and recorded positive year-on-year growth in 2H16, Zoomlion has little exposure to earthmoving machinery and failed to ride the industry rebound.” For full year 2016, Zoomlion forecasts a loss of between CNY0.09 and CNY0.10 a share, which is below the CNY0.06 a share loss expected by analysts.
- Barrons.com•2 months ago
China faces an aging crisis, and not just among its citizens. Much of its vast fleet of construction equipment is worn-out. Although homebuilding in China could slow, the government appears poised for an infrastructure spree to help meet its economic growth targets.
- Reuters•9 months ago
China's foreign exchange regulator said on Wednesday that Zoomlion Heavy Industry Science and Technology Co Ltd's bid for U.S. crane maker Terex Corp did not have to face any foreign currency hurdle. Zoomlion said last week that it had dropped its $3.4 billion bid for Terex after failing to agree on terms, clearing the way for a smaller deal between Terex and Finland's Konecranes .
1157.HK : Summary for ZOOMLION - Yahoo Finance
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||4.13 - 4.25|
|52 Week Range||2.08 - 4.39|
|PE Ratio (TTM)||357.11|
|Dividend & Yield||0.02 (4.37%)|
|1y Target Est||N/A|