On August 26, WEICHAI POWER (02338) rose 3.05% in regular trading, trading at HK$32.44/share, with turnover of HK$116 million.
On the news front, the Hang Seng Indexes Company previously announced quarterly review results confirming WEICHAI POWER will be added to the Hang Seng Index constituents, with changes to be implemented after market close on September 4 and officially effective on September 7. Goldman Sachs estimates the index adjustment will generate over US$7.2 billion in total two-way passive fund flows, with WEICHAI POWER among the top six stocks expected to receive net passive inflows of US$160-470 million. Additionally, the company board is scheduled to convene on August 27 to review and approve interim results for the six months ended June 30, with the market anticipating performance updates. Brokerages have noted the company's core growth engine has shifted toward high-growth AIDC power generation business, with related profit contribution expected to rise from 20% to over 40% during the period. The stock had previously pulled back over 6% following the HSI inclusion announcement, with the current rebound potentially reflecting renewed positioning ahead of index rebalancing.
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