In early trading on the 17th, the new energy vehicle industrial chain in the Hong Kong market showed repeated activity. Leapmotor led the gains, rising over 6%, while Zhejiang Shibao, Geely Automobile, Fuyao Glass, and Li Auto all saw increases exceeding 4%. Among popular ETFs, the CHINAAMC CSI HONG KONG STOCK CONNECT AUTOMOTIVE INDUSTRY THEMATIC ETF (520780), which focuses on Hong Kong-listed new energy stocks, rose over 2% intraday to reach a new record high since its listing.
Oriental Securities stated that against the backdrop of rising oil price benchmarks, the cost advantage of new energy vehicles over traditional fuel vehicles will continue to widen. Considering cost and energy security factors, it is expected that countries globally will be more inclined to promote and popularize new energy vehicles, thereby accelerating the increase in global new energy vehicle penetration rates. Domestic automakers, especially independent brands, possess competitive advantages in the global new energy vehicle sector and are expected to accelerate the export of new energy vehicles to capture overseas market share. Overseas markets will become a significant growth area for Chinese independent brand automakers.
From an investment strategy perspective, Oriental Securities indicated that certain auto parts companies with strong alpha potential are expected to withstand industry risks and achieve revenue and profit growth. The data center liquid cooling and gas-fired power generation industrial chains, as well as auto parts and high-level autonomous driving industrial chains that are confirmed to be part of the supply chains for Tesla, Figure, Zhiyuan, Yushu, and other robotics companies, will continue to experience positive catalysts.
For investing in the Hong Kong Stock Connect automotive industrial chain, it is recommended to focus on the CHINAAMC CSI HONG KONG STOCK CONNECT AUTOMOTIVE INDUSTRY THEMATIC ETF (520780). The underlying index concentrates on vehicle manufacturers while also covering segments such as auto parts and industrial metals. It benefits from multiple positive factors, including high consumer demand for automobiles, the accelerated implementation of L3-L4 autonomous driving technologies, and spillover benefits from robotics advancements. The ETF also holds significant positions in稀缺 Hong Kong-listed intelligent driving leaders such as XPeng, BYD, Li Auto, and Geely.
Data source: Shanghai and Shenzhen Stock Exchanges, etc.
Risk Disclosure: The CHINAAMC CSI HONG KONG STOCK CONNECT AUTOMOTIVE INDUSTRY THEMATIC ETF passively tracks the CSI Hong Kong Stock Connect Automotive Industry Theme Index. The base date for this index is December 30, 2016, and its release date was July 21, 2022. The annual price changes for the CSI Hong Kong Stock Connect Automotive Industry Theme Index from 2020 to 2024 were: +92.68%, -1.21%, -43.88%, +5.92%, and +5.57% respectively. The composition of the index's constituent stocks is adjusted according to its compilation rules, and its backtested historical performance is not indicative of future index performance. The mention of index constituents herein is for illustrative purposes only; descriptions of individual stocks do not constitute investment advice in any form nor do they represent the holdings or trading动向 of any fund managed by the manager. The fund manager assesses this fund's risk level as R4 - Medium-High Risk, suitable for Aggressive (C4) and above investors. Any information appearing in this article (including but not limited to individual stocks, commentary, forecasts, charts, indicators, theories, and any form of expression) is for reference only, and investors are solely responsible for any independent investment decisions they make. Furthermore, any views, analysis, or predictions in this article do not constitute investment advice of any kind to the reader, and no responsibility is accepted for any direct or indirect losses resulting from the use of this content. Fund investment carries risks; the past performance of a fund is not indicative of its future performance. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Invest in funds with caution.
The MACD golden cross signal has formed, and these stocks are performing well.
