Construction machinery fell sharply since June

Since June, 13 individual stocks in the construction machinery industry have plummeted by more than 10%, with an average loss of 18.89%, much higher than the same period in the Shanghai and Shenzhen Index. Among them, Shantui, Anhui Heli, Hualing Xingma, XGMA, Shanhe Intelligence, and Changlin Stocks fell by more than 20%, and Liugong, Sany Heavy Industry, Zoomlion, and XCMG lost 4 leading shares. Both are over 13%.

From a performance point of view, except for the first-quarter year-on-year growth of Sany Heavy Industry, Anhui Heli, Xiagong and Zoomlion, the performance of other stocks fell sharply and even suffered losses. Although some stocks' static PEs are very low, due to poor future performance expectations, individual stocks have fallen sharply. The stocks in the construction machinery industry have long been a heavyweight in the fund. Obviously, the Shigekura Fund has suffered heavy losses in this wave of declines. According to statistics, at the end of the first quarter, a total of 30 funds Shicang Zoomlion Zhongda 370 million shares, 26 funds Shigekura Sany Heavy Industry reached 350 million shares, in addition to Liugong, Xugong Machinery and many other stocks also have many fund allocation.