Changes in Hong Kong stocks | Yituo Shares (00038) rose more than 5% this month, and the stock price increased by more than 30%, agricultural machinery export sentiment is expected to increase marginally

The Zhitong Finance App learned that Yituo shares (00038) rose by more than 5%, and the stock price increased by more than 30% this month. As of press release, it rose 5.47% to HK$9.07, with a turnover of HK$686.795 million.

According to the news, Yituo Co., Ltd. previously stated in response to investors' questions on an interactive platform that in 2026, the company will continue to deepen its international business layout, carry out product research and development around overseas market needs, continue to improve the overseas marketing service network, and promote the continuous growth of its export business. In the first quarter of this year, large and medium export sales increased 40% year over year.

Orient Securities pointed out earlier that the El Niño phenomenon continues to ferment, and the bank believes it will bring about structural changes in demand for agricultural machinery. On the one hand, the share of more efficient high-horsepower agricultural machinery is expected to increase, and on the other hand, the share of cost-effective products is expected to increase. In recent years, China's tractors have continued to advance in terms of high horsepower and cost performance. The bank believes that agricultural machinery export boom is expected to increase marginally, bringing investment opportunities.