Today (February 21), the concept of computing from the east to the West broke out again, and the related sectors such as computing power concept, data center, cloud computing, network security and big data rose across the board. Data center stocks once again set off a wave of limit trading. By the end of the day, a total of 30 stocks had raised the limit, with 40 stocks rising by more than 9%, accounting for nearly 30% of the stocks in the whole sector. Among them, Ningbo Construction Co.Ltd(601789) recorded four consecutive boards, and Yimikang Tech.Group.Co.Ltd(300249) , Capitalonline Date Service Co.Ltd(300846) , Beijing Asiacom Information Technology Co.Ltd(301085) obtained two 20cm limit trading.
the East digital West computing project was fully launched, and the digital infrastructure sector continued to erupt
According to the news, recently, the overall layout design of the national integrated big data center system has been completed, and the “counting from the east to the west” project has been officially launched. It is reported that the data center industrial chain includes not only traditional civil engineering, but also it equipment manufacturing, information and communication, basic software and green energy supply. It has a long industrial chain, wide coverage and large driving effect. According to the data of Guotai Junan Securities Co.Ltd(601211) Research Report, the rack scale of China’s data centers will reach 5 million by 2020, and it is expected to reach 18 million by the end of the 14th five year plan. The average annual growth rate in recent five years is more than 30%, or 1.95 trillion investment will be added.
China Securities Co.Ltd(601066) Securities pointed out that the “digital computing from the east to the west” project was officially launched, and digital infrastructure ushered in new opportunities. At present, the spring breeze of digital economic policy is blowing vigorously. The direction of digital infrastructure represented by data center, Gigabit home entry, communication base station and industrial Internet is expected to meet fundamental improvement. In the direction, suppliers that provide data center planning, construction and data center supporting facilities, such as refrigeration, power supply and power generation , are expected to benefit the most. Secondly, optical communication supplier and green energy guarantee supplier also benefited significantly.
Boosted by the news, digital infrastructure related sectors have ushered in a major outbreak recently. Many stocks have reached new year highs, Yimikang Tech.Group.Co.Ltd(300249) , Capitalonline Date Service Co.Ltd(300846) , Beijing Asiacom Information Technology Co.Ltd(301085) two 20cm board limits, Insigma Technology Co.Ltd(600797) , Jiangsu Shagang Co.Ltd(002075) , Mcc Meili Cloud Computing Industry Investment Co.Ltd(000815) , Shanghai Yanhua Smartech Group Co.Ltd(002178) , Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) , Shanghai Athub Co.Ltd(603881) , Beijing Zznode Technologies Co.Ltd(003007) , Beijing Transtrue Technology Inc(002771) , Inesa Intelligent Tech Inc(600602) , Black Peony (Group) Co.Ltd(600510) won two boards, and Ningbo Construction Co.Ltd(601789) was promoted to four boards.
the cost performance of new infrastructure is improved, focusing on 5g, rail transit, charging pile, etc.
Since the festival, infrastructure is still the main line of popular investment in the market. With the recent slight correction of some old infrastructure stocks, the new infrastructure sector represented by digital infrastructure has gradually been concerned by the market. Huaxin Securities believes that the market of large cap value stocks related to steady growth continues, and the large infrastructure, large real estate and large finance benefiting from steady growth and wide credit deserve attention; Confirmation of the inflection point of the epidemic + precise rescue of the service industry, and pay attention to the plight and reversal opportunities of undervalued consumer stocks; After extreme differentiation, the winning rate of the high boom growth sector will increase, and the two ends of the pendulum effect will tend to be balanced. the cost performance of the new infrastructure driven by steady growth and the resonance of the dual attributes of high economic growth has significantly improved .
For each sub field of new infrastructure, Guosheng Securities pointed out in its previous research report that during the “14th five year plan” period, it is estimated that the total investment scale in the seven major fields of new infrastructure may be close to 8 trillion yuan, with an average annual investment of 1.6 trillion yuan, about 10% of the annual infrastructure investment. Among them, the investment scale of data center is the largest, accounting for nearly half; The investment scale of high-speed rail transit and 5g is second. The overall average annual growth rate of the new infrastructure is about 20%, of which the investment in automobile charging pile is the fastest, and the growth rate of 5g and data center is also more than 20%. as far as 2022 is concerned, the construction of data center and urban circle rail transit may be the main increment. The growth rate of other sub items such as 5g and charging pile is low or small, and the driving effect on the overall investment may be limited.
