Dongwu Securities' electric equipment and new energy team published a note stating that the China-EU trade war has de-escalated, with both sides reaching a 16-point consensus and agreeing to hold a ministerial meeting in January 2027 and a third regular meeting in March. The broker reiterates a bullish view on the lithium battery sector, citing fully priced-in pessimistic expectations, historically low valuations, and expected sequential and year-over-year earnings growth in Q3.
Dongwu Securities strongly recommends buying leading lithium battery and material companies, expecting a sector rebound driven by trade de-escalation, Q3 earnings growth, and low valuations.
Free preview — more China A-share & HK research · About Us · Legal & Privacy