HK Stock Market Move | FIRST TRACTOR (00038) rose by over 4% with strong performance in China's agricultural machinery exports in the first three quarters. The company's export regions are diversified.

(00038) FIRST TRACTOR rose more than 4%, as of the time of publication, it increased by 4.05% to 7.7 Hong Kong dollars, with a turnover of 24.8778 million Hong Kong dollars. On the news front, according to Agri-machinery Network, recently, according to customs statistics, in September 2025, China's agricultural machinery exports amounted to 4.50425 billion yuan, an increase of 30.7% compared to the same period last year; the cumulative export amount from January to September was 50.44223 billion yuan, an increase of 40.1% compared to the same period last year. Among them, the export quantity of tractors in September was 15,556 units, an increase of 30.2% compared to the same period last year; the export amount in September was 771.34 million yuan, an increase of 51.2% compared to the same period last year; the cumulative export quantity from January to September was 135,702 units, an increase of 20.2% compared to the same period last year; the cumulative export amount from January to September was 6.65489 billion yuan, an increase of 33.4% compared to the same period last year. It is reported that in the first half of 2025, FIRST TRACTOR sold a total of 42,800 tractors, with overseas sales of 5,445 units, a year-on-year increase of 29.37%. It is worth mentioning that the company has established five major sales regions with Central Asia, Southeast Asia, the Americas, Central and Eastern Europe, and Africa as the main focus. In the first half of 2025, the African and Central and Eastern European markets performed well, with sales volume increasing by over 50%. Through diversified overseas regional layout, the company has reduced its reliance on a single market.