Chapter 234 Whether it is a mule or a horse, it’s time to take it for a walk.
Friday, April 12, 2024.
In the past few days, various important financial data have been released one after another, keeping Li Feng very busy.
There seemed to be no important news last night.
Li Feng made himself a cup of tea, put it on the table calmly, and started to look at the market while browsing it.
In the past two days, as time went by and stock prices fluctuated violently, it seemed that the investment logic of strong cyclical stocks was suddenly discovered.
To be more precise, it means being taken seriously.
It was accepted by many investors, and more and more investors began to pour into this pool.
This has brought in a huge amount of money and should also bring huge volatility.
There are a few things to note about last night’s news.
First, Huawei held the Hongmeng Ecosystem Spring Communication Meeting and released the Zhijie S7; GAC released an all-solid-state battery with a vehicle range of over 1,000km.
Many investors, even including me a few months ago, were not very clear about what was happening in the automotive industry.
But just look at Celes' stock and it all becomes clear.
Thanks to the cooperation with Huawei in car manufacturing, Celis's stock price quadrupled, from more than 20 yuan to more than 100 yuan at one point.
It is because the cooperative model - Wenjie, has been selling like hot cakes. The two models have been ordered more than 200,000 units. Among them, the M9 is priced at around 500,000 yuan and is hard to come by.
Dongfeng Xiaokang, which was on the verge of bankruptcy, has become one of the top domestic car companies after being injected with the soul of Huawei.
Now the Zhijie S7 has been released again, and the orders are also in the tens of thousands.
If so, Tesla is the first catfish to break into the field of new energy vehicles, then Huawei is the second catfish that will transform new energy vehicles.
In this era, cars have truly become toys with four wheels.
Not only is the hardware updated very quickly, but the software iteration is also astonishing.
Currently, the total output value of the global automotive industry is over 10 trillion US dollars, the largest among all industrial products and ten times that of the mobile phone market.
If we add the industrial chain it drives, the overall market value it can drive will be at least 20 trillion US dollars, which is equivalent to a market of one trillion RMB.
It is indeed an incredible and very tempting number.
It is precisely for this reason that Europe and the United States have repeatedly made things difficult for China's new energy vehicles.
If this market is captured by China, Europe and the United States will no longer have the material basis to maintain their current high standard of living.
Second, the National Development and Reform Commission and the National Energy Administration issued implementation opinions on establishing a coal production capacity reserve system.
Coal stocks can take a break.
It’s okay to make money in the future, but it’s hard to come back to the era of making big money by increasing both volume and price.
Third, Southwest Airlines expects Boeing to deliver only 20 aircraft this year.
Originally, it was expected that 85 aircraft could be delivered per year.
As a result, the number of aircraft delivered was reduced again and again, and only 20 aircraft could be delivered, which was a decrease of more than 70%.
One leaf can tell the coming of autumn.
The manufacture of large aircraft can be regarded as one of the jewels in the crown of industry, and the profits are certainly huge, but the United States has repeatedly delayed delivery.
It only shows that its manufacturing capabilities have not improved but deteriorated.
Fourth, New York gold futures broke through $2,400, continuing to hit new highs.
The price of gold has been rising all the time, and no one expected it to reach this point.
I didn't expect that either.
While browsing, A shares opened.
Gold stocks rose strongly, with Shandong Gold, Yintai Gold and CICC Gold all rising by more than 3%. Zijin Mining also rose by more than 2%, setting a new high of 18.52 yuan.
Jiaozuo Wanfang directly closed the limit, and oil transportation stocks soared.
In addition, Luoyang Molybdenum Co., Ltd., Aluminum Corporation of China, Zhuzhou Iron and Steel Group... also followed closely behind.
On the contrary, in the real estate sector, Vanke A plummeted another 4%, hitting a low of 7.11 yuan, just one step away from 7 yuan. Gemdale Group and Poly Developments fell by more than 2%.
In the insurance sector, China Life Insurance, New China Life Insurance and Ping An Insurance all fell by more than 2%.
Up, down, rise, fall, as if controlled by an invisible hand.
If we were to give this hand a name, it would be expectations, specifically, performance. Whether it can continue to rise or fall depends on whether the performance can confirm or disprove it. (Expectations - Performance - Growth)
In other words, whether it's a mule or a horse, it's time to take it for a walk.
Before I knew it, it was noon.
The Shanghai Composite Index closed at 3033.08 points, down 0.04%. It seemed to be in a daze, as if it would never wake up.
However, people with discerning eyes have already discovered that the entire market has begun to become extremely fragmented.
Some stock investors have already shouted: "The old economy has declined, and the new economy is rising."
Others retorted: "Why are these stocks rising every day? This is not normal."
Li Feng smiled, turned off the computer, and went out to prepare for dinner.
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Fellow stockholders, use your hands to make money and send a free gift of love.
Your support is my motivation to update.
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