The broad market just caught its breath, and e-bikes are leading the charge! Aima Technology and Xinri shares surged to the daily limit against the trend, "e-bike economy" holds pleasant surprises

Why can the Electric Scooter Economy stand out against the market downturn?

On March 23, the A-shares market experienced volatility and adjustment, opening lower and declining further. The three major indices each fell more than 4% intraday, with the Shanghai Composite barely holding above 3,800 points at the close. Trading volume across both markets surged to 2.43 trillion yuan, an increase of 144.7 billion yuan from the previous trading day. Over 5,100 stocks in the market declined, and risk-averse sentiment among investors clearly intensified. While the market was weak and bottoming out, the two-wheeled electric vehicle sector unexpectedly broke through the downturn, with Aima Technology and Sunrise New Energy both hitting the daily limit-up, becoming some of the few bright spots in the market and reflecting new strategic shifts in capital allocation.

The seemingly down-to-earth “Electric Scooter Economy” unexpectedly gained popularity, driven by rapid changes in market capital flow.

The strength of the electric two-wheeled vehicle sector is supported by solid fundamentals: international oil prices remain high, increasing daily commuting costs, and the demand for short-distance electric scooters continues to grow; coupled with ongoing industry compliance reforms, non-standard electric vehicles are being phased out more quickly, with leading companies like Aima and Sunrise steadily gaining market share. The combination of low valuations and stable performance perfectly meets the risk-averse needs of capital during weak market conditions.

Moreover, previously favored high-growth sectors like AI and computing power have collectively pulled back, with capital actively avoiding high valuations and shifting focus to essential consumer sectors like electric scooters. This shift indicates a significant decline in market risk appetite, moving away from high-volatility themes toward stable, performance-driven consumer sectors.

Thanks to their essential nature and low volatility, two-wheeled electric vehicles surged against the market during the correction period, hitting the daily limit-up. This contrast is both striking and understandable—low-valuation, high-certainty sectors with strong demand are likely to remain key areas for capital deployment in the short term.

Risk warning: This article does not constitute investment advice. The stock market involves risks; invest cautiously.