Update views this week
The rise and fall of the automobile sector this week ranked the upper reaches of all industries, showing a downward trend compared with last week. At present, the epidemic peak in China has passed, the resumption of work and production is gradual, and the implementation of supporting policies is accelerated. Changchun’s automobile manufacturing capacity quickly revived in May, and some enterprises in Shanghai began to gradually promote the resumption of work and production in mid and late April. In May, the supply is facing a gradual improvement, which will meet the normal supply demand of the industrial chain as soon as possible. At present, the automobile industry chain enterprises have gradually changed from “fire-fighting” emergency response to normalized high toughness supply chain management, and the production and sales have gradually returned to normal.
Weekly market review
This week, the Shanghai Composite Index, the Shenzhen Component Index and the Shanghai and Shenzhen 300 index rose or fell by 2.65%, 2.92% and 2.10% respectively. The rise and fall of the automobile sector was 4.46%, ranking 5 of the 30 industries, which is in the upper reaches of the industry ranking. From the perspective of a stock situation, the top five gaingaingaingainers in the industry this week are the companies that are among the top five in the industry this week, as seen by the way of the industry this week, among the top five gaingaingainers in the industry this week: the Beijing Shougang Co.Ltd(000959) 57 , Ningbo Fangzheng Automobile Mould Co.Ltd(300998) , Huaiji Dengyun Auto-Parts (Holding) Co.Ltd(002715) , with decreases of – 12.53%, – 8.13%, – 6.24%, – 5.62%, – 4.89% respectively.
Investment advice
It is suggested to continue to pay attention to Guangzhou Automobile Group Co.Ltd(601238) ( Guangzhou Automobile Group Co.Ltd(601238) . SH), Chongqing Changan Automobile Company Limited(000625) ( Chongqing Changan Automobile Company Limited(000625) . SZ), Great Wall Motor Company Limited(601633) ( Great Wall Motor Company Limited(601633) . SH / 2333. HK); The parts industry is suggested to pay attention to Huayu Automotive Systems Company Limited(600741) ( Huayu Automotive Systems Company Limited(600741) . SH), Keboda Technology Co.Ltd(603786) ( Keboda Technology Co.Ltd(603786) . SH), Ningbo Joyson Electronic Corp(600699) ( Ningbo Joyson Electronic Corp(600699) . SH).
Risk tips
1. The risk of car sales not reaching the expectation. 2. Industrial chain risk caused by parts shortage 3. Industrial chain risk caused by chip shortage. 4. The risk of adverse impact of rising raw material prices on profits.
