The market value of auto stocks soared in November: Changan rose nearly 50 billion and Weilai surpassed BYD

category:Finance
 The market value of auto stocks soared in November: Changan rose nearly 50 billion and Weilai surpassed BYD


According to the statistics of time weekly, as of the closing of November 30, the market value of 135 listed companies among 187 A-share auto stocks had risen in varying degrees, with a total increase of about 295.16 billion yuan. Among them, the rise of vehicle stocks was like a rainbow, and 11 of 12 automobile enterprises realized the rise. The market value of Changan Automobile (000625. SZ) soared by about 46.876 billion yuan.

Under the leadership of a number of bull stocks of auto companies, companies with mediocre performance such as Xiaokang shares (601127. SH) and * ST Xiali (000927. SZ) also rose sharply. Among them, in November, Xiaokang shares increased by 116.89%, and continued to lower 7 boards in 8 days.

Xiaokang shares trading 7 times in 8 days

Among the 12 A-share listed auto companies counted by time weekly, 11 of them realized the market value rise in November. The new energy fire not only led to the heat of related concept stocks, but also benefited the market of the entire listed auto companies. The market value of Changdu automobile group (SH), Changcheng automobile group (SH) and Changcheng automobile group (SH) rose by RMB 300.366 billion, among which, the market value of Changcheng automobile group (SH) and Changcheng automobile group (SH) rose by RMB 33366 billion, exceeding RMB 63366 billion respectively.

For example, both Changan and SAIC announced their high-end intelligent pure electric projects in November. As Tesla and the three top auto makers of American stocks swept the capital market, the layout of Changan and SAIC has a new appearance and mode of car making.

Since this year, Changan Autos sales volume has been in the forefront of domestic auto companies.

On November 30, Changan Automobile told the times weekly that in October, the sales volume of Changan Automobile was 212640, with a year-on-year increase of 29.7%, ushering in a new monthly sales volume this year.

On November 14, Changan Automobile also said that it would join hands with Huawei and Ningde times to create a brand new high-end intelligent car brand, and the first mass-produced model will soon be put into production.

At the same time, it is reported that Huaweis full stack solution hi for intelligent vehicles may appear on the first mass production model in cooperation with Changan Automobile for the first time. Huawei, on the other hand, told reporters, as a component supplier, we respect the pace of customer communication, and we do not disclose it without authorization..

Xiaokang shares also had a strong trend. The market value of Xiaokang stock rose by 12.91 billion yuan in November. On November 25, Xiaokang stock was trading again, which was seven consecutive trading limits in eight days. At present, its latest market value has exceeded 23.955 billion yuan, a new high in nearly three years.

Benefiting from the market rally, * ST Xiali (000927. SZ), * ST Lifan (601777. SH) and St hippocampus (000572. SZ) rose by 718 million yuan, 486 million yuan and 33 million yuan respectively. Although all of them have increased to varying degrees, there are not many favorable factors supporting the long-term rise of its market value in terms of its performance fundamentals, and the signs of new energy speculation are more obvious.

Favorable policies drive the new energy sector stronger

Since November, the sharp rise of new energy concept is closely related to the favorable policies of new energy automobile industry.

For example, the series of specific and detailed ten-year development goals of by 2030, new energy vehicles will form a competitive advantage in the market, the sales volume will account for 40% of the total sales volume of that year, the sales volume of conditional automatic driving intelligent connected vehicles will account for 70%, and the highly automatic driving intelligent connected vehicles will be widely used on expressways, which is not reflected in the final text.

Cao he, Secretary General of the automobile chamber of Commerce of the all China Federation of industry and commerce, said in an interview that the development of the new energy automobile industry in the future will certainly undergo great changes in new technologies, new energy and new materials, and even revolutionary changes may occur. The plan has made the long-term development goals vague and relaxed, which is actually good for the long-term development of the industry.

At the same time, the explosion of new energy vehicle plate can be traced back to the impact of Bidens radical electric vehicle popularization plan.

It is reported that Biden disclosed before the election that the U.S. electric vehicle market share will reach at least 25% by 2026, and the annual sales of electric vehicles will reach 4 million.

With the help of policy support, the new energy sector saw a collective rise in November, with the U.S. new energy auto stocks gaining the most.

According to times weekly, as of November 27, Tesla closeduff08 TSLA.NASDAQ uff09Compared with October 30, the total market value rose by 187.419 billion US dollars, and the total market value reached US $555242 billion.

In terms of the new forces of Chinas car making, the monthly increase of Xiaopeng automobile reached 231.68%, and its stock price rose to 64.28 US dollars / share from 19.38 US dollars / share on October 30, and its market value soared by about 32.316 billion US dollars in a month.

In addition, Weilaiuff08 NIO.NYSE uff09And the ideal caruff08 LI.NASDAQ uff09The stock price of Weilai Automobile Co., Ltd. rose 76.59% a month, and its stock price rose from 30.58 US dollars / share at the end of October to 54 US dollars / share, while its market value rose by 31.591 billion US dollars to 72.841 billion US dollars, equivalent to about 479.163 billion yuan. In other words, its market value has exceeded BYD 469.65 billion yuan.

At present, the industry is still performing a speeding trend. For the continued strength of the new energy vehicle plate and the future market outlook, Huachuang securities analysis believes that it is optimistic about the automobile boom in the next year, the cycle law may be less than half completed at present, and the amplitude and duration of the follow-up boom may exceed the current market expectations; in addition, investors expectations for the entire auto sector are also discussed Period valuation is still relatively cautious, and there is room for full uplift. Take Xiaokang stock as an example. Its market value is low, and there are new energy projects under it. It is easy to become the object of fund speculation. The industry rotation leads to price speculation. However, its performance has declined in recent years, and this year has witnessed a sharp decline. The stock price shows signs of departure from the fundamentals. On November 24, senior auto securities analyst Guo Shiliang told reporters. In Guo Shiliangs view, after the wind stops, if the fundamentals of relevant listed companies have not changed substantially, then the stock price will still have a process of value return. Source: time weekly editor: Yang Bin_ NF4368

At present, the industry is still performing a speeding trend. For the continued strength of the new energy vehicle plate and the future market outlook, Huachuang securities analysis believes that it is optimistic about the automobile boom in the next year, the cycle law may be less than half completed at present, and the amplitude and duration of the follow-up boom may exceed the current market expectations; in addition, investors expectations for the entire auto sector are also discussed Period valuation is still relatively cautious, and there is room for full uplift.

In Guo Shiliangs view, after the wind stops, if the fundamentals of relevant listed companies have not changed substantially, then the stock price will still have a process of value return.