As of 09:40 on November 7, 2024, the CSI Auto parts theme Index (931230) rose by 0.31%, the component shares of Merrill Lynch (301307) rose by 20.00%, Jingwei Shares (002662) rose by 10.08%, and Aotejia (002239) rose by 10.00%. Jingwei Hengrun (688326) rose 7.69%, Feilue Audio (600651) rose 5.97%. Auto parts ETF(562260) rose 0.55%, hitting four consecutive gains.
On the news, on November 6 local time, U.S. Republican presidential candidate Trump announced his victory in the 2024 presidential election, which prompted Tesla's share price to rise 14.75%, a new high since July 2023, and its market value rose $119 billion overnight (about 857.4 billion yuan), with a total market value of $926.2 billion.
Analysts believe that Trump's election victory will make Tesla a major beneficiary, especially in the context of the Trump administration may reduce tax incentives for electric vehicles, Tesla has an advantage over other manufacturers.
Guotai Junan also said earlier that if Trump wins the election, the Tesla zipper is worth looking forward to.
Haitong Securities believes that Tesla's new models are expected to be put into production and listed in the first half of 2025, and the Tesla industry chain is expected to fully benefit, especially companies with supporting production capacity in overseas regions such as Mexico.
Auto Parts ETF(562260) closely tracks the CSI Auto parts Theme Index. The CSI Auto Parts Theme Index selects 100 listed company securities involved in automotive system parts, automotive interior and exterior decoration, automotive electronics, tires and other fields from the Shanghai and Shenzhen markets as index samples to reflect the overall performance of the securities of listed companies with auto parts theme.
According to the official website of the CSI, as of November 6, 2024, The top ten weighting stocks of the CSI auto parts Theme Index (931230) are Fuyao Glass (600660), Huichuan Technology (300124), Sanhua Intelligent Control (002050), Cyren Tire (601058), Desai Siwei (002920), Topu Group (601689), Wanfeng Aowei (002085), and Four Vituxin (002405), Hua Yu Automobile (600741), China Technology Chuangda (300496).