Early Monday, under the positive stimulus of overall fall, the three major stock indexes rose rapidly, and the growth of gem index expanded to more than 3%. The Shanghai stock index rose nearly 1 per cent, with new energy vehicles, non-ferrous, communications, consumption and other sectors strengthening.
Among them, the lithium battery and new energy vehicle sectors broke out in an all-round way. As of the draft, the lithium battery index rose by more than 5%, the new energy vehicle index rose 6.45%, both of which set a record high. Since January 1 this year, the new energy vehicle sector index has increased by more than 50%.
In addition, individual stocks in the resource sector were also significantly stronger, with rare earth, phosphorus chemical, non-ferrous metals, salt lake lithium extraction and other concepts taking the lead.
According to market analysis, the current market of new energy vehicle industry chain is gradually catalytic diffusion. After the mid stream plate such as vehicle, lithium battery anode and cathode, diaphragm and so on, the market begins to extend to the upstream raw material plate, which is one of the logics of the recent strength of some resource plates.
New energy vehicle industry chain breaks out
Today, the new energy vehicle plate continues to rise, with new Zeus, Xianhui technology, rongbai technology rising by more than 10%, well-off shares, Jiangsu Guotai and other ups and downs.
On the news, China Automobile Industry Association released data on July 9, and China’s new energy vehicles output in June 2021 was 248000 (sales volume: 256000), up 14.2% on a month-on-year basis, an increase of 1.43 times year-on-year; The total output of new energy vehicles from January to June was 1.24 million, an increase of 2.3 times year-on-year.
In the early trading of non-ferrous metals, Huayou cobalt industry rose and cold sharp cobalt industry rose more than 5%. Ganfeng lithium industry and Tianqi lithium industry have been rising rapidly. Industry insiders believe that the sales volume of new energy vehicles has also driven the demand growth of nonferrous metals in the upstream of batteries.
Reprint indicated source：Shine Trader Limited Live information