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Share price of Weichai Power reaches HK$28.3

Share price of Weichai Power reaches HK$28.3

Write: Merri [2011-05-20]
Weichai Power (SEHK stock code.2338) debuted strongly on the Main Board of the Stock Exchange of Hong Kong Limited on Mar.11, 2004. From then on, Weichai Power has kept setting new records and is honored one of the most popular stocks in Hongkong capital market. In the past one year, the management team of Weichai Power, headed by Mr. Tan Xuguang, devoted themselves to their mutual undertaking, innovated the company with great courage, operated the company with high credit standing and acquired a remarkable market achievement and therefore enjoyed great reputation in the stock market. On Mar.11, 2005, the highest share price of Weichai Power had once reached to HK$28.3, 170% higher than that of the IPO. Not surprisingly, Weichai Power is widely recognized as the best stock in terms of growth capability. Carrying on the resplendence of 2004, Weichai Power will make persistent efforts for more brilliant performance to repay the shareholders in 2005.