On December 24, “ningwang” Contemporary Amperex Technology Co.Limited(300750) (300750. SZ) closed down 7.28% and once fell more than 9%.
The sharp decline of leading stocks led to the sharp decline of Wande new energy vehicle index by 3.29%. Other concept indexes including rare earth index, photovoltaic inverter index, lithium mine index, salt lake lithium extraction index, lithium battery negative electrode index, energy storage index and power battery index all led the decline.
China Minmetals Rare Earth Co.Ltd(000831) (000831. SZ) limit, Great Wall Motor Company Limited(601633) (601633. SH), Eve Energy Co.Ltd(300014) (300014. SZ), Tianqi Lithium Corporation(002466) (002466. SZ) all fell by more than 5%.
On the whole, on December 24, the Shanghai stock index fell by 0.69%, and the gem index fell by 2.27%. The growth style was generally corrected, of which the power equipment and new energy sector fell by 4.24%, with a large adjustment range.
Contemporary Amperex Technology Co.Limited(300750) fell sharply, and many shareholding institutions are expected to be “injured”
The new energy sector has been on fire for two years.
Continuing the 63.29% increase in 2020, Wande new energy vehicle index has increased by 39.61% as of December 24 this year.
Data show that Contemporary Amperex Technology Co.Limited(300750) has increased by 64.36% as of December 24 this year. In 2020, Contemporary Amperex Technology Co.Limited(300750) increased by 230.48%.
In fact, Contemporary Amperex Technology Co.Limited(300750) is also one of the organization’s favorite stocks.
According to the data of the third quarterly report, as of September 30, 2021, Hillhouse Capital Management Co., Ltd. – China Value Fund (exchange) held Contemporary Amperex Technology Co.Limited(300750) 42606900 shares, accounting for 2.092% of the tradable shares, and was its seventh largest shareholder of tradable shares.
In terms of public fund positions, there were 1485 fund positions Contemporary Amperex Technology Co.Limited(300750) in the third quarter, involving 120 fund companies, holding 269 million shares, accounting for 13.19% of the circulating shares.
The fund with the largest number of Contemporary Amperex Technology Co.Limited(300750) shares in the third quarterly report is e fund gem ETF, followed by ABC Huili new energy theme, Hua’an gem 50ETF, China Europe times pioneer, Huaxia energy innovation, Dongfanghong Qidong for three years and huitianfu consumer industry, with more than 3 million shares.
“ Contemporary Amperex Technology Co.Limited(300750) The big drop was mainly due to the widespread dissemination of official account and the discussion of the US media, which led to the market’s concern about the competition pattern of the battery and the global political and trade environment. Objectively speaking, the production and manufacturing of new energy vehicles and batteries is still in an unprecedented business cycle. The competition in the new energy industry is a market-oriented behavior. The speech attacks of individual countries or the media can not change the current situation of the strong competitiveness of the head company, nor can it change the competition pattern of the industry. ” Ping An Fund believes.
Huaxia Fund said, “From the news level, there are some bad news incentives for the adjustment of lithium battery sector. First, the sodium ion battery industry is advancing rapidly. It is reported that zhongkehai sodium and China Three Gorges Renewables (Group) Co.Ltd(600905) The Three Gorges capital and the people’s Government of Fuyang City, Anhui Province have reached cooperation to jointly build the world’s first large-scale production line of sodium ion batteries. Market concerns have an impact on the original line; Second, according to media news, new geological discoveries jointly form a huge lithium ore belt with a length of about 4000 km, and the supply of lithium resources may increase; Third, under the continuous price rise trend of lithium carbonate, the market is worried about the affordability of downstream vehicle manufacturers. ”
fund manager: it is still a good time after adjustment
In fact, looking back on the market, new energy is the core main line of the market this year. The fundamental trend is better than expected. At the same time, the valuation has also increased significantly, and the cumulative share price has increased relatively.
Huaxia Fund pointed out that in the current position of the plate, we believe that the overall fluctuation trend will continue, and the overvalued value will have digestion pressure and demand in stages. In addition, we should be alert to the possible reversal of supply and demand, and the stock price volatility of such varieties may be higher.
However, it pointed out that the new energy vehicle sector is still the best choice for investment next year, and will usher in a better boarding opportunity again after adjustment.
On the one hand, new energy is one of the sectors with the highest growth rate next year, the performance growth of new energy vehicles is gradually realized, the performance growth expectation of energy storage, photovoltaic and smart grid is high, the growth rate of a large number of sub industries is higher than 40%, and it is difficult to make a bear market in the boom; In addition, from batteries and lithium battery equipment to upstream resources, the competition pattern has been relatively stable. Leading enterprises have obvious barriers in terms of market share, technical route reserve and financing, which is difficult to be subverted in the medium term.
At the same time, next year is a big year of demand release. The penetration rate of new energy vehicles has increased, and photovoltaic, energy storage and power grid have increased rapidly. However, the shortage of supply is difficult to alleviate in the short term. It is good for leading enterprises with strong price transmission ability and subdivided high-quality second tier enterprises that disperse the share of some leading enterprises with technological progress.
Ping An fund also pointed out that the dual carbon theme with new energy as the core is still the main market in the next few years, and the short-term disturbance will not affect the long-term investment value. For the current market with continuous shock adjustment, we think we can be cautious, but there is no lack of optimism. In the short term, the market style tends to be balanced. With the successive implementation of stable growth policies, we will continue to actively allocate stable growth lines, such as infrastructure chain, real estate chain, finance, food and beverage, in addition to military industry, automotive intelligence and parts, carbon neutralization and carbon peak related industries.
“On the whole, under the demand for capital profit taking at the end of the year, the sectors with high growth have certain short-term adjustment pressure, but jingkuang investment is a long-term and effective main investment logic. After the release of selling pressure, the new energy sector is still one of the main lines that will be active again and again next year. It is recommended to focus on it.” Huaxia Fund believes.
(21st Century Business Herald)
