fishtablegambling| New forces in Hong Kong stock market car building have collectively surged! Hang Seng Technology Index recovers lost ground during the year

On April 29, the Hang Seng Technology Index recovered its lost ground during the year and touched the annual line, rebounding by more than 20% from the low of the year. Within the constituent stocks of the Hang Seng Technology Index, the "new forces of car building" rose collectively, with Ulai-SW leading a rise of more than 5%, Xiaopeng Automobile-W and ideal Automobile-W up more than 3%, and Xiaomi Group-W up more than 2%.

Intraday data show that the Hang Seng Technology Index ETF (513180)FishtablegamblingSH) now has a net inflow of more than 100 million yuan, and the capital continues to borrow ETF to increase the Hong Kong stock technology leader. According to public information, the Hang Seng Technology Index ETF (513180.SH) is the largest ETF tracking the Hang Seng Technology Index, with a current size of more than 23 billion yuan.

On the news side, the detailed rules for the implementation of Automobile Trade-in subsidy was issued on April 26, which made it clearFishtablegamblingThe scope and standards of subsidies. Cui Dongshu, secretary general of the Federation of passengers, pointed out that the replacement of old and scrapped cars is an important driving force for the growth of the car market. UBS analysis pointed out that sales in the domestic car market will still grow by 4% this year, mainly due to the replacement of scrapped models. Measured by the 15-year scrapping cycle, 2008-2010 was in the stage of rapid growth of China's automobile market, and the annual sales of passenger cars soared to 12 million. According to estimates, the market demand brought about by the scrapping and replacement of this batch of used cars will reach 8.2 million.