Market fragile rebound bus companies take the opportunity to attack

On Tuesday, both the Shanghai and Shenzhen stock markets have seen their shrinkage. Although there are signs of stabilization, the lack of positive growth in the periphery has caused the lack of strength. The passenger car segment continued to rise on the high-speed rail concept stocks, and rose with the aviation sector.

On Tuesday, the Shanghai and Shenzhen stocks both rebounded. The Shanghai Composite Index closed at 2703.03 points, up 14.28 points, or 0.53%, and re-stopped at 2700 points. The volume of transactions between the two cities contracted and returned to levels around June 22. The Shanghai index briefly fell to 2677 during the session, and panic still shrouded the market. After experiencing “Black Monday”, the mentality of the two cities has undergone major changes. In the surrounding markets overnight, the risk of US debt defaults increased, the Dow Jones Industrial Average fell 0.70%, and the Nasdaq and Standard & Poor's fell by 0.56%. The rest of the world is mixed. A-shares showed a fragile rebound on Tuesday, verifying the supporting role of the previous low point of 2668 points. In the absence of favorable external markets and in-depth investigation of the “7.23′′ 甬 temperature line accident, the lack of market momentum to promote the stock index upward. This kind of rebound will be difficult to sustain if there are no other major positive forces.

The auto industry index rose 0.71% on Tuesday. Among them, the entire vehicle segment rose 0.60%, 1.01% of the component parts. The indices are all under the middle track of the Bollinger Bands. The opening of the Bollinger Bands converges at an accelerating rate, and actual breakthroughs from the upward or downward are approaching. Bus performance in the vehicle segment was eye-catching. Jinlong Bus, Yutong Bus, Ankai Bus and Zhongtong Bus were up 5.64%, 2.93%, 1.80% and 1.30%, respectively. Parts and components, Songzhi Stock and AVIC Seiki topped the list. In the current situation that the broader market is stable and the market is in a weak state of mind, the hot spot of the stock market will return to the fundamentals with good fundamentals. Short-term attention can be paid to Shanghai Automotive, Shuguang and Jiangling Motors as well as the passenger car segment.

The collective rebound of the passenger car segment today is due to the substitution effect of the high-speed rail plate. The railway infrastructure sector fell and remained deeply involved in the train accident and the frequent occurrence of high-speed rail failures. The aviation section joins the passenger car section, and the high-speed rail sits on both sides of the “seesaw board”. The aviation sector rose unexpectedly, Eastern Airlines daily limit, Southern Airlines approaching daily limit.

Although on July 22, the Beijing-Zhuhai Expressway also suffered a serious accident, but the cause was quickly identified. The transportation department announced measures such as “a mandatory installation of on-board video devices and temporary parking in the early hours of the sleeper buses” to make up for the bad effects. Moreover, road passenger transport still takes most of the passenger traffic in China, and the position of passenger cars as the main mode of passenger transport will not change in the short term.