Introduction: The Northern Hemisphere ended its coldest day of the year, but the chill in auto stocks still doesn't seem to have bottomed out.
In the third week of 2022, the Northern Hemisphere ushered in the coldest day of the year during the "Great Cold" festival. Generally speaking, after the cold, the temperature in the northern hemisphere gradually rises, and after successively passing the northern small year and the southern small year, drinking a bowl of laba porridge can wait for the New Year in the gradual warming days.
But auto stocks don't seem to think so. Last week, of the 69 auto industry-related listed companies and a total of 78 major auto stocks registered in the auto K-line statistics, only 16 stocks rose in stock prices, of which only two stocks barely rose by more than 10%, and the rest rose in single digits. The overall stock price fell by an average of 2.69%, and the market value decreased by nearly 250 billion yuan.
This makes the rise of auto stocks in week 2 more like a false shot, the cold winter of auto stocks, may be far from the bottom, if you focus on the performance of individual stocks, this shot is even more chilling.
Fuyao Glass, which topped the overall list in the second week with the price increase letter, fell out of the top ten in the third week, and was replaced by Guanghui Baoxin, which has established 4S stores of luxury brands such as BMW, Audi and Land Rover. Although the stock price rose by only 10.77%, it topped the list in last week's bad auto stock environment.
In 2021, BMW surpassed Mercedes-Benz in single-brand sales and became the champion of luxury brand sales.
In addition, in the environment of chip shortage, luxury, and even ultra-luxury models have generally become the object of production capacity tilt, coupled with the epidemic, the rich circle who cannot travel abroad generally choose to shop in China, resulting in the traditional car group can not complete the sales target at the same time, luxury, ultra-luxury brands have once again set a new sales record.
Looking back at history, such market performance is worth vigilance for the automobile industry, the consumer environment, and the capital market.
Also difficult to say is the well-off stock that ranks second in the overall list. From the perspective of weekly stock price increase, Xiaokang shares only ranked second with 0.01 percentage points, but its stock price increase was largely based on rumors of suspected securities manipulation and insider trading on the 17th, and counterattacked from the penultimate second in the second week. Although it pulled out the limit in the following trading day, its stock price finally could not support it in the last two trading days of last week.
In addition, it is worth mentioning that Enjie shares, although its ranking is squeezed out of the top three by Xiaokang shares and Meidong Automobile, its stock price still ranks fifth with a weekly increase of 4.16%. At the same time, judging from the recent announcement information, Enjie shares are working on the layout in addition to new energy vehicle support, such as packaging and other daily life industrial supplies, under the concept of new energy overheated capital, which is definitely a valuable calm.
However, Yiwei Lithium Energy, which once had a similar development strategy, is a different scene, not only with a decline of 13.28% in the bottom of the total list, and the stock price also fell below the triple digits last week, whether it can be turned over in 2022, in addition to releasing good news, more is to expect to come up with a bright performance forecast.
Perhaps affected by liquidity, the environment in which US stocks fell sharply last week has spared the new car-making forces. Xiaopeng Automobile's U.S. stocks plunged 15.86%, ranking at the bottom of the overall list. Both WEILAI and Ideal Automobile's U.S. stocks fell by more than 10%, while stock prices also fell below the level of $30 per share.
After the fourth week of 2022, which has two working days, Chinese is about to usher in the most important festival of the year , the Spring Festival. With the market in the cold and the list changing rapidly, can auto stocks and the investors behind them have a good year? We'll see you next week.