Statistics reveal that auto concept stocks enjoyed an average year-to-date price increase of 8.47%, with Qianli Technology leading the pack with a surge of 53.86%. Notably, in the second quarter, institutional shareholding in 80% of these auto concept stocks saw an uptick. Among them, 13 stocks, including Foton Motor, JAC Motor, Sinotruk, Yutong Bus, and SAIC Motor, witnessed their institutional shareholding rise by more than 1 percentage point compared to the preceding quarter.
