Machine tool concept stocks continued to weaken in the afternoon, machine tool ETF, industrial machine ETF fell more than 5%

       Machine tool concept stocks continued to weaken in the afternoon, Huagong Technology, Dazu laser fell more than 7%.

       Affected by the disk, the machine tool ETF and industrial machine tool ETF that track the CSI machine tool index fell by more than 5%.

       The CSI Machine Tool Index selects 50 listed company securities whose business involves the manufacturing and service of machine tool machines and their key components as samples to reflect the overall performance of listed company securities in the machine tool industry.

       Some brokerages said that looking forward to this year, with the gradual landing of equipment updates and incremental policy effects, the superimposed machine tool update cycle continues, and the downstream demand for machine tools is expected to gradually recover, promoting the improvement of machine tool business performance. Therefore, optimistic about the recovery of the manufacturing industry and equipment renewal brought about by the machine tool industry demand improvement, it is recommended to pay attention to the machine tool industry segmentation field leaders.

Note: This story is reprinted in the National Business Daily.