[ET Net News Agency, 4 April 2022] HSBC Global Research lowered its target price for
Sinotruk (03808) to HK$10.6 from HK$13.6 and maintained its "hold" rating.
The research house said it estimates 3.3ppt market share gain in FY22e vs FY21e, but
margin pressure lingers due to elevated raw material prices. (RC)