Introduction: After a nightmarish stall fall, the car slammed...
Happiness comes too quickly, like a tornado. However, can this rollercoaster-like capital market shock really make the hearts of shareholders and investors beat again like a pacemaker?
On March 16, Chinese auto stocks soared en masse, generally outpacing the three major stock indexes, staging an epic rally.
In particular, the three new Chinese car-making forces have raised their eyebrows and breathed out after going all the way down, and Hong Kong stocks have risen by about 30% during the day. Among them, the H-share of Ideal Automobile rose by 34.59%, the H-share of Xiaopeng Automobile rose by 32.38% in a single day, and the H-share of Weilai rose by 29.11%. In the evening, after the opening of the US stock market, ideal, Xiaopeng and Weilai rose by 31.9%, 29.55% and 25.59% respectively, continuing the trend on the evening of March 15.
In addition to the three new car-making forces with extremely prominent performance, among the traditional automobile manufacturers, Bydir, Geely Automobile, Great Wall Motors and other Hong Kong listed companies have generally increased their stock prices by more than 10%.
Back to A shares, the auto sector is also generally red, but there is a difference in how much it has risen. In short, a fiery scene, but the question is, can this seemingly exciting surge really save investor confidence? For auto stocks, is the time for a big counter-offensive?
First, look at this epic rally in auto stocks, which is basically built on top of the overall market rally. In terms of fundamentals, some analysts believe that the Financial Stability and Development Committee of the State Council held a special meeting to maintain the smooth operation of the capital market, and the issue of Chinese stocks and Hong Kong stocks has become a key research issue, and there has been a corresponding statement, so the stock market has risen sharply. However, this may also be related to a comprehensive factor such as a turnaround in the situation in Russia and Ukraine, the intention of the two sides to negotiate, and the decline in international oil prices.
Secondly, we see that the increase in listed companies in the automobile industry is really exaggerated, and it is also that the decline of automobile stocks in the early stage is a bit larger than that of other industry sectors, and this rebound is also large. It may be like the height and speed of the fall are different, and the degree of rebound is also different.
Even so, judging from the rise and fall list of "Auto K Line" statistics, as of the end of March 17, more than 70 listed companies in the automotive industry have basically maintained negative growth year-to-date, that is to say, a short-term surge, it is difficult to offset the cumulative decline. After all, the stock prices of many listed companies in the automotive industry have fallen to a one-year low, and some even have a two-year low.
Don't look at the fierce rise of "Wei Xiaoli", but so far this year, the stock prices of some of its Hong Kong stocks and US stocks have still fallen by more than 40%; the same is true for domestic automobile companies, and the stock prices of Great Wall Motors, Geely Automobile, and Jianghuai Automobile have also fallen by around 40%.
Although the morning market opened high on the 17th, these companies seemed to have no previous momentum in the afternoon. The turnover of the Shanghai Composite Index exceeded 500 billion yuan for three consecutive days, and the Shenzhen Composite Index maintained a turnover growth for three consecutive days, approaching 750 billion yuan on the 17th, and it seems that the market activity has increased. For the capital markets, this is a good thing.
What will be the trend of the capital market that can be tossed by the epidemic, regional military conflicts, and trade wars, and can this wave of rebound really build a bottom? In the face of the panic of the core, the lithium is vast, and the listed companies in the automobile industry who have come to "demon nickel" are afraid that there is still a long way to go to repair the valuation.
In any case, it is better for the stock price to rise sharply than not to rise, the joy of bottoming out, the relief of blood returning, the epic car stock rebound, and fly a little longer...
In the next period of time, among the listed companies in the automobile industry, the new energy sector, especially raw materials, parts supply enterprises, and intelligent suppliers, the right to speak and the financial report may become more and more beautiful; and what should the vehicle companies that have always had the right to speak do? In the face of soaring costs, electric vehicles must still be popular?