Citi has released a research report stating that, based on tracking data for Chinese automakers, the discount on Weichai Power Co.,Ltd. (02338) shares relative to the bank's AIDC/SOFC/AI weighted index has widened to a record 35%, matching the widest level seen in June and further widening from 28% a week earlier, reflecting an attractive near-term risk-reward profile. The potential catalyst is expected to be the start of overseas AIDC gas engine shipments beginning this month.

The bank maintains a "Buy" rating on Weichai Power Co.,Ltd. (02338) with a target price of HK$50, and also gives a "Buy" rating on Sinotruk (Hong Kong) Limited (03808) with a target price of HK$55.

In addition, Citi has assigned "Buy" ratings to Caterpillar Inc. (CAT.US) and Cummins Inc. (CMI.US), with target prices of US$1,100 and US$790, respectively.