Analysis for China Merchants Expressway Network & Technology Holdings
Description & usage
China Merchants Expressway operates and invests in toll-road and transport infrastructure assets with long-duration earnings profiles. The business benefits from stable traffic flows, scalable operations, and ongoing infrastructure expansion. Key factors are traffic volume trends, toll-rate frameworks, concession duration, and capital efficiency on new projects.
Basic info
- Symbol
- 001965.SZ
- Type
- Stock
- Region
- China
- Sector
- Industrials
- Available history
- 8.3 years
- Last trading day
- 04/03/2026
Basic info
- Symbol
- 001965.SZ
- Type
- Stock
- Region
- China
- Sector
- Industrials
- Available history
- 8.3 years
- Last trading day
- 04/03/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
China Merchants Expressway Network & Technology Holdings (001965.SZ) currently has a total score of 40 points, placing it in the neutral range. The score is made up of Performance (36), Stability (55) and Trend (25). The profile is clearly uneven: Stability stands out while Trend lags.
Performance scores 36 points (weak). Least weak metric: 5Y return at 26.5 %. Main drag: 1Y return at -29.4 %.
Stability scores 55 points (neutral). Key strength: volatility (365d, annualized) at 19.7 %. Weaker metric: return/volatility ratio at -1.49. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 25 points (weak). Trend signals are mostly negative right now. Least weak metric: trend strength at -0.10. Main drag: 12M momentum at -25.6 %.
Overall, the picture is mixed: Stability does the heavy lifting while Trend holds the score back. On a metric level, volatility (365d, annualized) stands out, while return/volatility ratio is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For tech, growth, and communication-services assets, higher real yields and a stronger US dollar typically lean headwind.
Note: DXY is used here as the latest available reading; ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.