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FIRST TRACTOR Once Rallies ~10% as CN Raises Subsidy for Scrapping, Replacement of Agricultural Machinery
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China raised the subsidiary for the scrapping and replacement of agricultural machinery. FIRST TRACTOR (00038.HK) opened 1.74% higher today before continuing to hike, and once shot up 9.5% to a high of $6.92 after midday. The stock last printed at $6.84, up 8.23%, with 10.808 million shares traded, involving $72.7564 million.

SINOTRUK (03808.HK), which operates heavy truck and engine, opened 5.32% higher today, and peaked at $20.5, logging a new high for about a month. It last spiked 15.52% to $20.4, with 14.8105 million shares traded, involving $292 million.

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WEICHAI POWER (02338.HK), which produces diesel engine and parts, opened flat today before leaping, and peaked at $13.18 after midday. It surged 11.49% to last at $13, with 40.3284 million shares traded, involving $515 million.
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