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In the past weeks, news reached us from The Central Country: China is repositioning itself in the field of hydrogen and intends to take the lead in various fuel cell and hydrogen markets around the world. When it came to the solar and wind energy sectors, or even battery-electric mobility, China stimulated them with its extensive subsidy programs and the People’s Republic quickly advanced to the position of global market leader. Will we now see the same development in the H2 and FC sectors?
On Weichai, I unfortunately cannot present any new key figures, but the increased share price indicates that, firstly, things are going well with the hydrogen strategy at China’s largest diesel engine manufacturer and, secondly, China’s expected H2 subsidy program allows for positive estimates here...
The shares of Weichai Power could not escape the negative trend in the fuel cell sector. They suffered from the lockdown in China, but now we can see a strong upward trend again.On the stock market, the company is, in relation to those such as the US-based Cummins Engine, too lowly valuated (15...
The stocks in this compression market leader have performed extremely well since they were first mentioned here in our H2-international magazine, improving from about CHF 300 to more than CHF 400. Burckhardt Compression benefited from a boom in orders for compressors, but also from its service...
Although the price of Weichai Power fell away steadily in recent months, it has bounced back very strongly in recent weeks by more than 35 percent. Weichai, as a leading producer of diesel engines in China, is the perfect counterpart to the American corporation Cummins, which is very aggressively...
