Core view
The US competition act of 2022 was passed by the house of Representatives, which intends to use US $52 billion to support the semiconductor industry. On February 4, the US competition act of 2022 was passed by the house of Representatives. The US House of Representatives passed the US competition act of 2022, which proposes to provide us $52 billion in financial support for the semiconductor industry. If the bill is later considered by the Senate and signed by President Biden, it can be implemented. Specific applications include semiconductor manufacturing, research on key components of automobiles and computers. In addition, the bill also proposes to invest US $45 billion in the next six years to alleviate the problem of increasing supply chain shortages.
Samsung, Xiaomi and glory chip supplier Xidi micro officially landed on the science and innovation board. Samsung, Xiaomi and glory chip supplier Xidi micro officially landed on the science and innovation board. On January 21, Guangdong Xidi Microelectronics Co., Ltd., a supplier of Samsung, Xiaomi and glory chips, officially landed on the science and innovation board, with an issue price of 33.57 yuan / share. As of noon closing, Xidi micro closed at 44.77 yuan / share, an increase of 33.36%, with a total market value of 17.908 billion yuan. During this period, the maximum market value exceeded 20 billion yuan.
Sk Hynix, a storage giant, released its financial report for fiscal year 2021 and the fourth quarter, creating the highest annual revenue in history. On January 28, 2022, SK Hynix released the financial report for fiscal year 2021 and the fourth quarter. In fiscal year 2021, the combined revenue was 42.998 trillion won, the operating profit was 12.410 trillion won, and the net profit was 9.616 trillion won. In fiscal year 2021, the operating profit margin was 29% and the net profit margin was 22%. It has achieved the highest annual income in history since its establishment.
The market of electronic sector is weaker than the market
From January 24 to February 6, the Shanghai stock index fell 4.57%, and CITIC electronics fell 4.98%, underperforming the market by 0.41 percentage points. Year to date, the Shanghai index fell 3.21%, and CITIC electronics rose 1.43%, outperforming the market by 4.54 percentage points. From January 24 to February 6, the Philadelphia Semiconductor Index rose 0.53%.
Increase in electronic industry segments
From January 24 to February 6, there was no rise in the electronic segment industry, and all sectors were falling. Among them, led, display zero group, integrated circuit, optical photoelectric and semiconductor sectors fell the most, down 8.61%, 6.88%, 6.20%, 6.01% and 5.34% respectively.
Rise and fall of individual stocks: A shares
From January 24 to February 6, the top five companies in the electronics industry were Tianjin Printronics Circuit Corporation(002134) , Shenzhen Mason Technologies Co.Ltd(002654) , Sharetronic Data Technology Co.Ltd(300857) , Szzt Electronics Co.Ltd(002197) and Thinkon Semiconductor Jinzhou Corp(688233) , up 14.65%, 14.58%, 9.99%, 8.91% and 7.47% respectively; The companies with the top five declines were Shenzhen Sunmoon Microelectronics Co.Ltd(688699) , Fuman electronics, Shanghai Huaming Intelligent Terminal Equipment Co.Ltd(300462) , Dongguan Aohai Technology Co.Ltd(002993) and Guang Dong Fenghua Advanced Technology (Holding) Co.Ltd(000636) , down 21.68%, 18.94%, 18.33%, 18.28% and 18.12% respectively.
Investment advice
It is recommended to pay attention to Sanan Optoelectronics Co.Ltd(600703) , Starpower Semiconductor Ltd(603290) , Macmic Science & Technology Co.Ltd(688711) , China Resources Microelectronics Limited(688396) , Hangzhou Silan Microelectronics Co.Ltd(600460) , etc.
Risk tips
The recovery of production capacity was less than expected and the global competition pattern was reconstructed.
