Guotai New Energy Vehicle ETF (159806) has pulled back nearly 3%, as the new energy vehicle industry enters a period of intensive catalysts, making this pullback a potential opportunity for positioning

The Guotai CSI New Energy Vehicles ETF (159806) has pulled back nearly 3%. Guotai Securities pointed out that overall, February sales are gradually bottoming out, and March is expected to enter a month-on-month upward trend and a new technology/new product cycle, with the industry entering a period of intensive catalysts. In the medium to long term, investment opportunities in overseas expansion and industrial upgrading are promising, and smart driving is about to upgrade. This ETF tracks the CS New Energy Vehicles Index, reflecting the performance of listed companies related to new energy vehicles. Risk warning: Individual stock analysis does not constitute investment advice, and investment should be approached with caution