Auto parts stocks exploded collectively today. As of press release, BOE Precision (00710) rose 9.15% to HK$5.01; Wuling Motors (00305) rose 3.66% to HK$0.425; Minshi Group (00425) rose 3.26% to HK$13.3; and Zhejiang Shibao (01057) rose 2.46% to HK$2.08.
The Zhitong Finance App learned that auto parts stocks exploded collectively today. As of press release, BOE Precision (00710) rose 9.15% to HK$5.01; Wuling Motors (00305) rose 3.66% to HK$0.425; Minshi Group (00425) rose 3.26% to HK$13.3; and Zhejiang Shibao (01057) rose 2.46% to HK$2.08.
Dongwu Securities believes that for the auto parts sector, uncertainty about short-term performance mainly focuses on the company's customer stock and incremental structure. However, in the long run, the development prospects of this sector will focus on the two main lines of overseas globalization and intelligence.
Minsheng Securities pointed out that 2024 will be an important year for the launch of NOA in Chengdu, and intelligent driving components such as domain controllers and smart driving sensors are expected to accelerate penetration. At the same time, the Huawei and Xiaomi industry chains can be expected to increase. Furthermore, robot catalysis is intensive, and 2024 is expected to be the year of rapid breakthroughs in robot software technology and the first year of mass production of humanoid robots. I am optimistic that the industrial chain will go from “0” to “1.” Earlier, some analysts said that since the robot supply chain overlaps more than 60% with the automotive supply chain, robots will continue to reshape the entire automotive industry.