On December 4, 2023, the machine tool sector opened slightly lower and strengthened, the machine tool ETF (159663) holding stock Jiangte Motor rose more than 5%, and the stocks of SINOMACH Seiko, Wald, and Green Harmonic rose first, as of 10:00, the machine tool ETF (159663) rose 031%, with a net inflow of 7.61 million in the past two trading days, and the funds showed a trend of buying more and more.
According to the data, China's manufacturing PMI in November was 494%, down 01pcts；The November production index was 507%, down 0. month-on-month2pcts, of which the production index of metal products, general equipment, railway, ship, aerospace equipment and other industries is higher than 55%, and the PMI of high-tech manufacturing industry in November is 512%, an increase of 2pcts month-on-month, and the PMI of the equipment manufacturing industry was 516%, an increase of 09pcts。
Zhongyuan believes that the machine tool sector will be the key point for China's high-end equipment manufacturing industry to break through to a manufacturing power under multiple logical resonances such as the overall outlook, policy guidance, the unanimous recognition of the upstream and downstream of the industrial chain, the good localization economy, and the arrival of domestic technology accumulation breakthrough nodes. It is continuously recommended to focus on leading enterprises in core equipment and core components in the fields of industrial robots, machine tools and tools, etc., which will have obvious growth space in the future under the tide of domestic independent and controllable and industrial chain safety.
The CSI Machine Tool Index tracked by the Machine Tool ETF covers laser equipment, machine tools, robots, industrial control equipment and other industries, and its constituent stocks include Huagong Technology, Han's Laser, AVIC Hi-Tech, Estun, Green Harmonic, Inovance Technology, Xiamen Tungsten and other leading stocks, with a price-to-book ratio of 3 per cent of the current index95 times, quantile 1667%, with obvious valuation advantages, over-the-counter connectivity** (017573 017574). Robot ETF (562500) is the largest robot-themed ETF in the whole market, focusing on investment opportunities in the robot industry, over-the-counter connection** (Class A 018344 Class C 018345).
The content and data are for reference only and do not constitute investment advice. AI technology strategy is provided for Youlian Cloud.