Hong Kong Stock Connect Consumption ETF (513960) has recently attracted gold, Geely Automobile and BYD shares have fallen by more than 5%

Affected by news such as Buffett's reduction of BYD shares and car chips, the auto stocks fell, Geely Automobile fell more than 6%, BYD shares fell more than 5%, Xiaopeng Automobile, ideal car, and Great Wall cars all fell. Hong Kong Stock Connect Consumption ETF (513960) fell more than 2%, and the turnover exceeded 27 million yuan.

Recently, relevant departments have issued several measures to further promote the growth of industrial economy, and encourage localities to increase their efforts to actively carry out industrial product promotion activities such as automobiles and consumer electronics products to distribute consumer coupons and other ways to subsidize consumers to purchase eligible products that meet the conditions. Essence

Southwest Securities said that with the decline of adverse factors, under the promotion of national and local car consumption policies, passenger cars are expected to continue to grow year -on -two -digit growth in September; The price has fallen by more than 20%over the year. The cost pressure of the industry in the third quarter is expected to be significantly alleviated, and the performance of high -quality target performance is strong. In summary, we will continue to be optimistic about independent brand passenger cars, new energy vehicles and smart car sectors. It is recommended to pay attention to investment opportunities under the expected performance recovery of the component sector in the third and fourth quarter performance recovery.

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