Review the weekly car stock market and observe the hundred state car market.
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After three consecutive days of losses, Friday was also a down closing day, and investors had mixed feelings. When this market could enter the bull market, experts could not say the specific time. Maybe this is the mysterious A-share market.
In addition to Monday's sharp rise in the stock market this week, the rest of the time is to kill the hard won gains. By the end of Friday, the Shanghai Composite Index had dropped 0.18% to 3116.72 points, the Shenzhen Composite Index had slightly dropped 0.38% to 10281.88 points, and the GEM Index had dropped 0.35% to 2049.76 points. The trading volume of the two markets throughout the day was only 631.8 billion yuan, hitting a new low this week.
Although the ups and downs of the stock market are normal, the performance of equity week A was a bit of an accident. On Monday, more than 4000 stocks rose across the board, and the Shanghai and Shenzhen stock markets ended up with a 1.4% increase. Stockholders are happy to expect that the Shanghai Stock Index will return to the 3200 point mark this week, but the reality is so cruel. It is the most cruel to extinguish the kindled hopes, falling for four consecutive days, The market has returned to the calm period, and the Shanghai Index has become a 3100 point defense war.
The market fluctuation of this week can be said to be foreshadowed on Monday. Ruixing Coffee of Wall Street leek harvester once again brought a small shock to the market. On Monday, Ruixing Coffee used only a cup of soy sauce latte to drive the rise of Moutai and the whole liquor sector, while Ruixing Coffee rose for three consecutive days in the US stock market (the US stock market was closed on Monday this week), rising more than 10%, This is only because of the joint name with Moutai.
Influenced by this, many people in the industry joke that if a car company produces a Maotai co branded car, it will definitely become a blockbuster, but this is only a joke after all. The real situation is that the auto industry can only drive the share price of other industries, and it is difficult to replicate Ruixing's success.
From last Friday's Polar Krypton Science and Technology Day to Monday's Chang'an Qiyuan Press Conference, the vehicle borne satellite communication technology mentioned did not lead to the stock price of bullet train enterprises, but rather led to the rise of the Beidou navigation and communication equipment sector, which became the best rising stock market this week.
As for the fees of vehicle mounted satellite communication, China Telecom also announced the fees of Tiantong satellite phone on Friday. The functional fee is 10 yuan per month, including 2 minutes of call time, and 9 yuan per minute for answering and making calls. It is really not affordable for ordinary people. This wave of publicity of car enterprises is completely a wedding dress for Telecom, which benefits the communication industry.
Back to the auto sector, Monday can be said to be the highlight of this week's auto sector. Last Friday, the sales of brands in August were announced, and the benefits brought by the announcement were completely released in the market on Monday. The whole car sector rose more than 2.4%, including Celis, which rose directly in the afternoon, and Zotye, which even rose 2.78%. The stock market and the market were upside down.
On September 1, Celis announced that 6243 new energy vehicles would be sold in August 2023, a year-on-year decrease of 57.37%; Among them, the sales volume of Celes was 3263, down 67.52% year on year; The total sales volume was 14632, down 28.17% year on year.
However, thanks to such achievements, the stock price of Celis has soared this week. In addition to the ceiling on Monday, it has risen 18.46% accumulatively this week, and won the main fund of 458 million yuan. Five institutions have given ratings, three suggested buying, and two suggested increasing their holdings. Celis has become the favorite of investors again.
Contrary to the impressive performance of Celis, BYD, which has won the best in sales, sold 274000 new energy vehicles in August and only raised the share price by 1.34% on Monday, then the share price fell continuously. By the end of Friday, the share price of BYD had dropped to 244.05 yuan per share, more than 2% lower than the opening of the market on Monday.
At the same time, BYD was also abandoned by the main funds this week, and both the brokers and the main funds were selling. On September 8 alone, the main funds sold RMB 194 million of BYD shares, with an obvious intention to reduce their holdings.
In addition to the efforts of car companies, new progress was also made in Xiaomi's car manufacturing this week. On September 6, it was reported that Xiaomi had been in trial production for a month in Beijing, producing about 50 sample cars every week. At the same time, the factory is still recruiting workshop workers on a large scale, requiring experience in the main engine factory, and the recruitment standards are very strict, As more and more information about Xiaomi Auto flowed out, the share price of Xiaomi was also boosted to some extent. On this day, Xiaomi ended its two consecutive days of decline in the Hong Kong stock market, rising slightly by 1.38%.
This week, the funds from the north increased their investment in the whole automobile industry. The capital flowing into the north of the whole automobile industry was 1.98 billion yuan, ranking the fourth largest category of the capital buying from the north. On September 7, the capital buying from the north was 651 million yuan, but it did not pull up the whole automobile industry. It was still a downward closing.
In addition to increasing its holdings in complete automobiles, Beishang Capital also bought sodium batteries and battery concepts this week, with a cumulative purchase of more than 4 billion yuan, but the battery industry was also cold this week.
On Thursday, Ningde Times led the decline in the battery sector, with lithium battery falling 2.21%, and Ningde Times falling 3.37%. With the slowdown in the growth of new energy vehicles and the fall in the price of raw materials, the price of the power battery industry also fell significantly. According to the Industry Insight Report released by market research agency Jibang Consulting, the supply and demand of power batteries were weak due to the slowdown in downstream demand, In August, the average price of power battery fell below 0.6 yuan/Wh, and that of lithium iron phosphate battery fell to 0.59 yuan/Wh by more than 10%.
And as the price of lithium battery raw materials continues to fall, auto enterprises may still wait and see for power batteries, and will not significantly increase orders in a short time. After all, at present, 230000 yuan/ton of battery grade lithium carbonate still has room for further exploration. It has dropped by 20% in August, and the likely rate will fall in the future. It is only a matter of time before returning to below 180000 yuan/ton.
Under this influence, the stock price of Ningde Times, which has just been rated as the most valuable private enterprise in China's energy industry by Hurun Research Institute with a price of 1 trillion yuan, has fallen by more than 5.5% this week, and its market value has evaporated by more than 60 billion yuan. If Ningde Times cannot find other ways to increase its profits, there may be more variables in the future.
Although the stock market has declined continuously, securities firms are optimistic about the future market. Several securities firms, including CITIC Securities, CICC Wealth, and Essence Securities, announced that they will reduce the margin ratio next Monday, which will appropriately increase the leverage ratio of financing, help increase the financing scale of investors in the two financing sectors, and it is expected that the market will release 370 billion yuan of incremental funds, In order to increase the liquidity of market funds and enhance the activity of market investment.
But what can shareholders do in the future is to stick to it.
