Core Viewpoint - The Hong Kong stock market experienced a strong performance on August 18, with significant gains in technology, film, internet healthcare, and automotive sectors, indicating a positive market sentiment and potential investment opportunities in these areas [1]. Automotive Sector - The automotive sector led the market gains, with Great Wall Motors rising over 10% in the afternoon session. Huachuang Securities reported that the automotive industry continued its seasonal slowdown in early August, but the growth rate of new energy vehicles outpaced that of fuel vehicles. The firm maintains an optimistic outlook for volume and pricing in the second half of the year [1]. - The Hong Kong Stock Connect Automotive ETF (159323) saw a peak increase of nearly 3%, with notable performances from holdings such as BOE Technology Group, which surged over 20%, and Great Wall Motors, which rose over 10%. Other significant gainers included Tianneng Power, Dongyue Group, Minth Group, Leap Motor, and Geely Automobile [1]. - The Hong Kong Stock Connect Automotive ETF is based on the Hong Kong Stock Connect Automotive Index (931239.CSI), which focuses on the Hong Kong vehicle sector, particularly passenger vehicles, and includes emerging car manufacturers that are relatively scarce in A-shares. The index also encompasses key players in the intelligent driving industry, aligning with the trends in automotive sector development [1].
京东方精电大涨超20%,长城汽车涨超10%,港股通汽车ETF(159323)午后涨近3%