China Yuchai: Shares Are Mispriced
Yuchai International(CYD) Seeking Alpha·2024-01-15 22:44
CHUNYIP WONG Elevator Pitch I continue to assign a Buy investment rating to China Yuchai International Limited (NYSE:CYD) stock. In my prior article published on October 26, 2023, I wrote about the key factors that support my bullish view of CYD. For the current write-up, I draw attention to the performance and outlook of China's heavy duty truck industry. In my opinion, CYD stock is mispriced by the market which warrants a Buy rating. Heavy duty truck sales in Mainland China are projected to expand by a re ...