is here again!
In the overnight market, US stock company Tesla surged again, with a market value exceeding US$600 billion, approaching the market value of three Toyota cars; Musk's own net worth soared to US$150 billion (nearly 10,000 US dollars) billion RMB).
It can be said that this year Tesla is not only the star of the surge in US stocks, but also an excellent catalyst for stirring the popularity of A shares new energy vehicle industry chain.
In early trading on December 8, the new energy vehicle industry chain in the capital market surged. In the A-share market, the over 3 trillion new energy vehicle index surged by more than 2% in early trading, with the market value soaring by 70 billion; in the concept sector, the lithium electrolyte index, power battery index and other concept sectors collectively led the gains; at the same time , the new energy vehicle sector of the Hong Kong stock market is also very lively.
Among the concept stocks , New Zhoubang , Tianci Materials, etc. have soared by more than 10%. 's leading stock BYD once rose by nearly 4% during the session, and the most popular concept stock during the year soared by more than 270%. On the morning of that day, the new energy vehicle ETF surged by more than 2.3%, with transactions exceeding 300 million, making it a hot spot for attracting gold.
Tesla soared to new highs
New energy car concepts collectively surged
Tesla surged all the way, bringing global investors collectively into the "carnival season."
In the U.S. stock market overnight, Tesla once again started to surge rapidly. After the U.S. stock market opened, Tesla 's stock price once soared by more than 8%, and the closing increase still closed up by more than 7%.
In just one night, Tesla’s market value soared by US$40.4 billion, or about 264 billion yuan. On that day, Toyota's latest closing market value was US$193.1 billion, which also means that the market value of Tesla is already as high as three Toyota cars.
The crazy rise of Tesla has undoubtedly led to the excitement of the new energy vehicle industry chain in China's capital market.
In early trading on December 8, the three major A-share indexes had mixed gains and losses, but from the perspective of the leading sectors, the new energy vehicle index has become the far leading industry sector.
In early trading that day, the new energy vehicle index, with a market value of over 3 trillion, once surged by more than 2%, and the market value soared by more than 70 billion.
In addition to the new energy vehicle index, among the leading indexes that day, the lithium electrolyte index surged rapidly, soaring by more than 7% at midday, with a turnover of over 6.3 billion.
In addition, a number of concept sectors such as the power battery index, lithium iron phosphate index, and lithium battery index collectively led the gains, driving the popularity of the A-share market that day.
concept stocks set off a rising tide
leading stocks soared 270% this year
Driven by the surge in popularity of the sector, Tesla and new energy vehicle related concept stocks performed extremely well.
In the lithium electrolyte sector, the leading stock Xinzhoubang once rose by more than 15%. Tianci Materials rose more than 10%.
Tianji shares hit the daily limit; Shanshan shares and Jiangsu Cathay both rose by about 7%, while Dangsheng Technology and Duofuoduo rose by more than 5%.
In the vehicle concept, the leading stocks BYD soared by more than 3% at the opening, and then the gains fell slightly.
It is worth noting that BYD has seen a sharp rise in its stock price this year due to factors such as blade batteries and a rebound in sales. Data statistics show that so far this year, the share price of BYD has risen by more than 270%, and the market value once exceeded 500 billion.
On the news, according to official statistics, BYD ’s cumulative sales in November reached 53,943 units, an increase of 30.6% over the same period. Among them, the sales volume of new energy vehicles this month was 26,690 units, and the cumulative sales volume from January to November was 160,848 units; the sales volume of fuel vehicles in November reached 27,253 units, and the cumulative sales volume from January to November was 370,650 units.
In addition to BYD , in the entire new energy vehicle sector, the electrolyte concept stock Tianci Materials also soared by 270%, Great Wall Motors soared by 192%, and the share prices of Inovance Technology and Aoteka have doubled this year.
It is worth noting that in the Hong Kong stock market that day, the new energy vehicle sector also performed amazingly.
At around 10 o'clock on December 8, the Hong Kong stock market Tesla concept stocks rose across the board, BYD shares rose by more than 4%, and Great Wall Motors rose by more than 10%.
Hong Kong stocks Ganfeng Lithium opened higher and moved higher. The intraday high reached HK$74.6, a record high. It is now trading at HK$74, up 5.71%. The highest total market value of H shares is HK$98.9 billion. The stock has risen nearly 2.9 times so far this year. .
According to the latest equity disclosure information from the Stock Exchange, Ganfeng Lithium H shares were acquired by Zhuque Fund Management Co., Ltd. on the market for approximately HK$106 million to increase its holdings of 1.6328 million shares on December 2. After the increase, its shareholding ratio increased. to 20.32%. Macquarie's latest report states that the bull market for metal stocks is expected to continue in the second half of 2021, and the top stock is still Ganfeng Lithium . It is estimated that the price of lithium hydroxide will increase in the first quarter of 2021, which will be a negative impact on Ganfeng Lithium . A catalyst.
New energy vehicle ETF has become a "hot spot for attracting money"
The automobile industry's prosperity has recovered significantly
The surge in the new energy vehicle industry chain has undoubtedly accelerated the pace of capital inflows.
On the morning of that day, the new energy vehicle ETF surged by more than 2.3%. As of midday, the transaction volume exceeded 300 million, making it a hot spot for attracting gold.
Recently, Beishang Capital, represented by “smart money”, has restarted the year-end buy-buy model, among which new energy vehicles have also become the focus of Beishang’s capital layout.
Judging from the recent active stock flows, among the top ten stocks, leading stocks such as CATL and BYD have become the focus of Beijing Capital's capital increase, with net purchases reaching 1 billion and 500 million respectively.
In fact, in addition to the concept of new energy vehicles, the automotive industry chain has also undergone significant changes. That morning, JAC Motors rose more than 6%, and Qianjiang Motorcycles rose more than 4%.
In terms of news, many car companies have recently disclosed their sales report cards for November. Sales have increased significantly, which means that the prosperity of the automobile industry has significantly improved.
Among them, Great Wall Motor achieved sales of a total of 145,240 vehicles in November, a year-on-year increase of 26.12%. The Euler brand achieved a total sales volume of 11,592 vehicles in a single month, a year-on-year increase of 414.74%. Geely Auto also announced that total sales in November were 150,517 units, a year-on-year increase of approximately 5%. The total sales volume of Lynk & Co brand vehicles was 22,798 units, a year-on-year increase of approximately 61% and breaking the highest monthly sales volume in the brand's history for the fifth consecutive month.
In particular, new energy vehicles are becoming an important strategic layout for the transformation of the global automobile industry. Many institutions believe that the sales and penetration rate of new energy vehicles will continue to increase rapidly in the future.
news shows that Citi has raised its forecast for the penetration rate of electric vehicles from 12% to 15% in 2025 and from 22% to 30% in 2030. The reasons for the upward revision include stronger-than-expected electric vehicle sales in the EU this year, Biden won the US presidential election, China set a goal for the development of electric vehicles in 2025, and in the long run internal combustion engines and batteries are expected to reach parity.
Citigroup said it will raise its lithium carbonate price forecast by 4%-11% from 2021 to 2023, and is optimistic about China's battery supply chain.
Musk's net worth is approaching one trillion in the future
"Big Short" but persuades to cash out quickly
What's interesting is that as the Tesla whirlwind sweeps the global capital market, Musk's net worth has also been soaring.
According to Forbes’ list of the world’s richest people, Musk’s net worth soared by US$8.4 billion overnight, equivalent to approximately 55 billion yuan.
According to the Financial Associated Press, as Tesla stock price rises, Tesla CEO Elon Musk net worth exceeds 150 billion US dollars (after closing), approximately 980 billion yuan, and the total net worth is about to exceed one trillion RMB. ARK Investment Company predicts that by 2024, Tesla's share price is expected to be US$1,400 per share, the market value will increase by another US$700 billion, and Musk's net worth will also increase by US$140 billion.
However, the "wealth creation effect" of Tesla is ushering in a short raid.
According to overseas media, on December 2, Michael Burry, the "big short" investor who predicted the housing crash in 2008, stated on social media that he was shorting Tesla and shouted to Elon Musk from a distance. Sk, advised him to cash out quickly. Asset management firm Copal Capital later retweeted Burry’s tweet and said: “Its Tesla short position exceeds its usual position."
Investors also expressed "very confusion" about the future valuation prospects of Tesla . On the one hand, some people believe that Tesla can be regarded as the valuation of technology companies, with unlimited prospects; on the other hand, there are also The view is that Tesla has been far overvalued.
How long can Tesla continue to rise? Let’s wait and see.
This article comes from China Fund News
