Hong Kong stock bull stock tracking: The industry turning point has reached the outbreak of auto parts stocks! Wuling Motors soared more than 36%

 (December 28), the HSI fluctuated and fell, with an intraday high of 26514.08 points and a low of 26264.32 points. As of the close, the HSI fell slightly by 0.27% to close at 26314.63 points. In terms of popular stocks, Wuling Motors, GCL New Energy, Dongfeng Group Co., Ltd., Brilliant Tomorrow and many other stocks have become the current market highlights.

The export value of auto parts increased by 41.9% in November! Wuling Motors soared more than 36% Auto parts stocks rose broadly

On the news, according to data released by the China Automobile Association, the export value of auto parts in November this year was 5.96 billion US dollars, a month-on-month increase of 7.8% and a year-on-year increase of 41.9%.

Yang Fudong, special assistant to the secretary general of the Aftermarket Parts Branch of China Automobile Dealers Association, pointed out that more than 70% of China's auto parts exports are used in the independent auto aftermarket. The automotive aftermarket has grown very fast in recent years. The increase in car ownership and the increase in the service life of the car will drive the demand for auto parts. The longer the car is used, the faster the replacement frequency of auto parts will be. Under the influence of foreign epidemics, the shutdown of a large number of parts and components companies has also caused some global demand to be transferred to domestic manufacturers.

Affected by this, auto parts stocks broke out in an all-round way. As of the close, Wuling Motors (00305) led the way, with its share price soaring 36.56% to HK$3.10; Xinchen Power (01148), Nexteer (01316) and many other Hong Kong stocks performed similarly protrude.

Orient Securities pointed out that in 2021, the global electrification process will open a new chapter. my country's new energy vehicle sales recovered rapidly in the third quarter, hitting a record high in October. The European market, stimulated by subsidies, has become the main force driving global sales growth. We believe that with the clarification of subsidies, the advancement of models, and the establishment of consumption habits, the industry has reached a turning point. A new chapter will be opened in 2021. The supply of highly competitive models with new models, new battery life, new quality and new intelligence will blow out, and consumers will accept it. greatly increased. We predict that in 2021, the sales volume of new energy vehicles in my country is expected to exceed 1.8 million units, and the global sales volume will exceed 4.3 million units.

GCL New Energy's stock price rose violently in the afternoon, and the announcement said that the exchange offer for the US$500 million notes due in 2021 had begun

From the perspective of the disk, GCL New Energy oscillated and consolidated in early trading, and the stock price rose violently in the afternoon, and then maintained a high and volatile consolidation. As of the close, the stock price rose 23.64% to HK$0.34.

In the news, GCL New Energy announced that on January 30, 2018, the company issued senior notes due 2021 with a total principal amount of US$500 million and an annual interest rate of 7.1% paid at the end of each half year. The existing notes will mature in January 2021. The existing notes are listed on the Stock Exchange. The ISIN and general code of the existing notes are XS1746281226 and 174628122 respectively. As of the date of this joint announcement, the principal outstanding under the existing notes is US$500 million.

Dongfeng Group's shares (00489) rose more than 9%, it is expected that the annual car sales will exceed the plan and achieve the annual challenge target

It is reported that Dongfeng Group Co., Ltd. (00489) recently announced that it is expected that the annual car sales will reach 172,000 units, exceeding the plan to achieve the annual challenge target, and the sales volume will increase by 8% year-on-year. By 2025, Dongfeng Motor Co., Ltd. will sell 300,000 vehicles, ranking second in the LCV industry.

Affected by this, the share price of Dongfeng Group (00489) fluctuated and strengthened. As of the close, the share price rose 9.36%, and the price was HK$9.11. Macquarie released a report and raised the target price of Dongfeng Group (00489-HK) to HK$10.3, maintaining its outperformance.

Brilliant Tomorrow (01351) rose nearly 14% and won the bid to become one of Tencent's application treasure advertising agencies in 2021

Brilliant Tomorrow (01351), whose gross profit in the first three quarters increased by 39% year-on-year to 75 million yuan, won the bid to become one of the advertising agencies of Tencent App Store in 2021. As of the close, the stock price rose 13.99% to HK$2.20.

In addition, from the perspective of news, the announcement stated that the gross profit achieved by the group for the nine months ended September 30, 2020 was approximately RMB 75 million, an increase of approximately 39% year-on-year. For the nine months ended September 30, 2020, approximately 914 million virtual tokens were consumed by different media publishers, representing a year-on-year increase of approximately 76%. In particular, about 838 million virtual tokens were consumed in short video marketing, a year-on-year increase of about 142%.

  (Comprehensive Zizhitong Finance, Futu Information, etc.)

  (Article source: Oriental Wealth Research Center)