Every reporter: Liu Mingtao Every editor: Ye Feng
This morning, the entire traditional industry stabilized and rebounded again, whether it is construction machinery or ferrous metals, there are good performances, among them, construction machinery ETF (560280) rose 3.55% in half a day, is the only ETF market in the ETF market rose more than 3% this morning.
From the perspective of investment logic, China's manufacturing PMI rose to 50.8% in March, returning to the expansion range, and the new export orders index and import index were 51.3% and 50.4% respectively, up 5.0 and 4.0 percentage points from the previous month, both rising to the expansion range, indicating that enterprises have increased confidence in the recent market development. At the same time, the US PMI has also returned to the expansion range, and global manufacturing demand is expected to resonate upward. Pay attention to the tools and machine tools with import substitution logic, forklifts and injection molding machines with a continuous increase in global share.
On the other hand, with the energy transition in developed countries and the industrialization of developing countries, the world's leading mining companies have entered a new round of capital expansion cycle, and mining equipment is expected to maintain a high prosperity. The decline in the number of mines has led to an increase in capital expenditure intensity, which has further boosted the demand for mining equipment and spare parts. The explosive growth of overseas resource allocation of Chinese mining enterprises is expected to drive the global share of Chinese equipment manufacturers.
Comments: Construction Machinery ETF (560280) rose 3.55% in the first half of the day, however, its scale is small, only 30.75 million shares, the ETF has a turnover of 6.89 million yuan in the morning, tracking the CSI Construction Machinery Theme Index.
The CSI Construction Machinery Theme Index selects 50 representative listed companies in the field of construction machinery such as construction machinery manufacturing and spare parts manufacturing as index samples to reflect the overall performance of the securities of listed companies with construction machinery theme.
CSI Construction Machinery Theme Index Heavy Stocks
Comments: Infrastructure ETF (159619), Infrastructure ETF (516950) and Infrastructure 50 ETF (159635) rose 2.32%, 2.22% and 2.18% respectively this morning, of which the infrastructure ETF (516950) was larger, reaching 763 million shares, with a half-day turnover of 31.32 million yuan, and the ETF tracks the CSI Infrastructure Index.
The CSI Infrastructure Index selects 50 securities of listed companies in infrastructure-related fields such as infrastructure construction, professional engineering, construction machinery, and housing construction as the index sample to reflect the overall performance of the securities of listed companies in the infrastructure construction category.
CSI Infrastructure Index Heavy Stocks
National Business Daily