The growth of total manufacturing profits accelerated. On June 2, the industrial machine ETF Cathay Pacific (159667) rose 2.1% during the session. The demand for machine tools and the recovery of the manufacturing boom attracted attention.
Xiangcai Securities pointed out that 1 –
The total profit of my country’s manufacturing industry accelerated in April. The PPI in April continued to rebound year-on-year and has been positive for 2 consecutive months, verifying that the prosperity of my country’s manufacturing industry is continuing to rebound.
Inovance Technology stated that this round of industrial automation growth is mainly driven by the demand from emerging industries such as AI, energy storage, and humanoid robots, the increase in national-level investment projects, and the rising demand for independent and controllable industries.
Since the beginning of this year, my country’s metal cutting machine tools, industrial robot production and forklift sales have maintained rapid growth, which can verify that the downstream demand for general equipment is in high prosperity.
In the robotics sector, Tesla’s Texas robot super factory has officially started construction, and the Fremont robot production line has also started switching. Domestic industry chain-related companies are expected to receive orders one after another.
At the same time, the Yushu Technology Conference is imminent, and the capitalization of the domestic humanoid robot industry continues to accelerate.
In the future, as the data flywheel effect promotes technological progress, humanoid robot production capacity, cost and demand are expected to enter a positive cycle, promoting explosive growth in global humanoid robot production and sales.
The Industrial Machinery ETF Cathay Pacific (159667) tracks the CSI Machine Tool Index (931866).
The index covers the entire industry chain including machine tools, CNC systems, spindles, and cutting tools, and is composed of 50 constituent stocks.
The overall index is biased towards the mid- to small-cap style, and the industry is mainly concentrated in the field of machinery and equipment, and also covers non-ferrous metals, power equipment and other related fields.
In terms of compilation method, the index focuses on selecting corporate securities with outstanding performance in profitability, growth and R&D innovation capabilities to comprehensively reflect the overall market performance of securities of listed companies related to the machine tool industry chain.
However, it should be noted that the mention of individual stocks is only used for industry event analysis and does not constitute any individual stock recommendation or investment advice.
The short-term rise and fall of indices and other indicators are for reference only and do not represent their future performance, nor do they constitute a commitment or guarantee for the performance of the fund.
Views may be adjusted as the market environment changes and do not constitute investment advice or commitment.
Mentioning that funds have different risk and return characteristics, investors are advised to read the fund’s legal documents carefully, fully understand the product elements, risk levels and income distribution principles, choose products that match their own risk tolerance, and invest prudently.
Please consult legal documents regarding fund rates.
