The market value of heavy positions increased month on month, and the industry boom was high:
In absolute terms, the total market value of 2021q4 computer industry fund heavyweight stocks was 100.81 billion yuan, an increase of 9.5% month on month. Individual stocks in the sector fully welcomed institutional allocation, and the prosperity of the industry was reflected.
The proportion remains low, and the valuation is also in the lower half of the range:
From the position of public funds, the industry allocation level is 2.87%, which is still in the low allocation range; From the valuation level of the sector, the current dynamic PE is 52 times, 57 times lower than the historical average, with upward repair potential.
The main line is clear and there are traces of comprehensive recovery:
Compared with the first two quarters, the top ten heavyweight stocks in 2021q4 sector have undergone positive changes, Ninestar Corporation(002180) , Huizhou Desay Sv Automotive Co.Ltd(002920) , Inspur Electronic Information Industry Co.Ltd(000977) , Winning Health Technology Group Co.Ltd(300253) are new entry targets, and topics such as intelligent vehicles and informatization in key fields have attracted high attention. At the same time, the share of the top ten heavy positions in the stock market decreased by 5.4pp month on month, the concentration continued to decrease and the degree of diversification was high. Under the multiple catalysis of “digital economy”, 2022 may be the year of comprehensive recovery, repair and accelerated development of the computer industry.
Risk warning: deterioration of international trade situation; Rising prices of raw materials; Exchange rate fluctuation risk; Significant changes in sector policies; The R & D progress is less than expected.
