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Daiwa Names WEICHAI POWER as Top Pick, Upbeat About AI & Automation-Related Stocks
2025-12-01 11:29:04
Daiwa has published a report revealing its key preferred stocks in various sub-sectors of China's industrial and transportation industries.

Overall, the broker is more optimistic about AI and automation-related stocks than transportation stocks, particularly in areas such as humanoid robots, semiconductor production equipment, automation, and gas engines (AIDC theme). In contrast, it holds a more cautious attitude towards heavy trucks, shipping rates, aviation, and the overall logistics sector.

Daiwa's top pick is WEICHAI POWER (02338.HK) for its AIDC power supply theme (large bore engines + solid oxide fuel cells) and low valuation. The broker is also upbeat about the growth in ZOOMLION (01157.HK)'s non-excavator construction machinery business.

Under the AI-related theme, Daiwa recommended companies such as DOBOT (02432.HK), UBTECH ROBOTICS (09880.HK), and GEEKPLUS-W (02590.HK).
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