HK Stock Market Move | Weichai Power (02338) fell by over 6%. The company has been included in the Hang Seng Index constituent stocks, which will officially take effect on September 7.

Weichai Power (02338) fell over 6% after positive news, and as of the time of writing, it is down 5.92%, trading at HKD 31.44, with a transaction volume of HKD 252 million. On the news front, the Hang Seng Index Company announced the results of its quarterly review. Hua Hong Grace Semiconductor and Weichai Power will be added to the Hang Seng Index constituents, increasing the number of constituent stocks from 93 to 95. The related changes will take effect after the market closes on September 4 (Friday) and will become effective on September 7 (Monday). Changjiang previously released a research report stating that compared to Caterpillar, Weichai's core businesses cover heavy trucks, forklifts, agricultural machinery, and other sectors, with each business unit operating independently, showing significant anti-cyclical advantages. In the AIDC power sector, Weichai is positioned in diesel generation, gas units, and SOFCs, relying on a robust domestic supply chain with abundant capacity and expansion speed that surpasses that of foreign competitors. With the main electricity generation beginning deliveries, the release of capacity dividends is anticipated, and Weichai's long-term growth potential is expected to surpass that of Caterpillar.