Hong Kong Stock Connect Auto ETF E Fund (159121) underlying index surges 4%, watch for valuation recovery opportunities in leading automakers

As of the close, the Hang Seng Hong Kong Stock Connect Auto Theme Index rose 4.0%, the CSI Auto Parts Theme Index rose 2.5%, and the CSI Intelligent and Electric Vehicle Index rose 1.0%.

Market analysis says that the Hong Kong stock market is about to enter a period of intensive earnings releases, the performance-validation window for auto stocks is approaching, and leading auto manufacturers that have undergone relatively sufficient prior adjustments are expected to see valuation recovery.

Daily Economic News

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