Auto parts stocks fell today, as of press time, Zhengzhou Coal Mining Machinery Group (00564) fell by 5.43% to HKD 9.57; Nexteer Automotive Group Limited (01316) fell by 5.42% to HKD 3.14; BOE Varitronix Co., Ltd. (00710) fell by 3.56% to HKD 4.34; Minth Group Ltd. (00425) fell by 2.5% to HKD 11.7.
According to the IQIYI APP, auto parts stocks fell today, as of press time, Zhengzhou Coal Mining Machinery Group (00564) fell by 5.43% to HKD 9.57; Nexteer Automotive Group Limited (01316) fell by 5.42% to HKD 3.14; BOE Varitronix Co., Ltd. (00710) fell by 3.56% to HKD 4.34; Minth Group Ltd. (00425) fell by 2.5% to HKD 11.7.
China Securities Co.,Ltd. pointed out that the marginal relaxation of the whole vehicle price war has driven demand growth brought by new cars, and it is expected that passenger vehicle sales will increase by 4-7% year-on-year throughout the year. In terms of auto parts, the prices of bulk commodities and freight are rising, and it is expected that the performance of the leading automaker-industry chain will remain stable through scale effects and internal cost reduction and efficiency enhancement, and the sector's configuration has high cost-effectiveness.
China Securities Co.,Ltd. pointed out that the individual stock trends of auto parts are divergent, and the attention is focused on offshore themes, robots, and low-altitude economy sectors. It is suggested to allocate undervalued and excellent performance white horse auto parts symbols and auto parts symbols with new growth curves. Tesla continues to develop low-cost models, and the relevant industry chain is expected to turn warmer. The industrial trend of low-altitude economy is similar to that of robots in 2021, and we will continue to focus on growth directions in the future, including offshore-related symbols, long-slope snowmobile robot tracks, low-altitude economy, Xiaomi automobile-industry chain, etc., waiting for a bottom-building rebound.