[stock market closes] the auto industry continues to pick up, the stock price of new energy lithium battery is strong.

SMM12 March 18: today, the stock price of the automobile sector is strong, the main net inflow of capital reached 1.78 billion yuan, Great Wall Motor rose by the daily limit, increased its position by 23.89% on the same day, with a net inflow of 442 million yuan, while the new energy vehicle sector strengthened again, with a net inflow of 1.89 billion yuan, of which BYD increased its position by 9.1% on the same day, with a net inflow of 785 million yuan.

According to data from the China Automobile Association, automobile production and sales completed 2.847 million and 2.77 million respectively in November, up 11.5% and 7.6% respectively from the previous month, and 9.6% and 12.6% respectively from the same period last year. As of this month, automobile production and sales have increased for eight consecutive months, of which sales have maintained a growth rate of more than 10 percent for seven consecutive months.

The automotive industry continues to pick up, linking the upstream and downstream of the industrial chain. Cobalt plate, Huayou cobalt industry has been up for 5 days, as of today's close of nearly 5%, the main net inflow of 92.84 million yuan; cold sharp cobalt industry rose nearly 2%. In the lithium battery plate, Chaohua Technology, Yongxing Materials and Nord shares rose by the daily limit, while German Nano and Pu Tailai rose by more than 8%.

Northeast Securities pointed out that the new energy vehicle industry is a big industry that will be 5 times in the next 5 years and 10 times in 10 years. In the future, the market space of new energy vehicles is expected to exceed 6 trillion yuan, and the overall industrial chain market will exceed 10 trillion. All aspects of new energy vehicles will continue to expand market space driven by the whole vehicle, focusing on power batteries, new materials, thermal management and other areas of the new energy vehicle industry.

[hot stocks] strong share prices in the auto sector institutions expect sales to grow by double digits next year compared with the same period last year.