The A-share market rebounded this morning, in which the gem index returned to 2800 points, and the Kechuang 50 index rose by more than 3%.
The Hong Kong stock market is also rebounding, with the Hang Seng technology index leading the rise. Meituan, which fell for three consecutive days, rebounded sharply in the morning, with an intraday increase of more than 7%.
A shares rebounded, and the semiconductor sector rose more than 5%
Market data show that the total temperature and rebound of the A-share market in the morning, of which the Shanghai index rose slightly, the Shenzhen Component Index rose by more than 1%, the gem index rose by more than 2% and the Kechuang 50 index rose by more than 3%.
In terms of industry sectors, the semiconductor sector soared, with an increase of more than 5%. Konfoong Materials International Co.Ltd(300666) , Kingsemi Co.Ltd(688037) all rose by “20cm”, and many stocks such as Anji Microelectronics Technology (Shanghai) Co.Ltd(688019) , Fujian Acetron New Materials Co.Ltd(300706) , Crystal Clear Electronic Material Co.Ltd(300655) also rose by more than 10%.
According to the research viewpoint of Founder Securities Co.Ltd(601901) , the full start of the “East number West calculation” project will drive the development of the semiconductor chip industry chain from the three stages of “short”, “medium” and “long”.
In the short term, data center related chips benefit first. “Number” in “East number and West calculation” refers to data, and “calculation” refers to computing power, that is, the ability to process data. Driven by the “counting from the east to the west”, data center related chips benefited first. The data center can be divided into three elements: “computing”, “storage” and “network”;
In the medium term, stimulate the chip market related to data transmission. A large amount of data from the East needs to be stably transmitted to the West for storage and calculation, while long-distance communication transmission often faces the problem of data delay. Therefore, the “East digital West computing” needs to further consolidate the network communication infrastructure, and the communication chips related to data transmission will usher in greater development space;
In the long run, chips related to data generation remain highly prosperous. “Counting from the east to the west” alleviates the shortage of energy and land in the East, greatly reduces the cost of computing power, and is conducive to the generation of a large amount of data traffic in downstream application fields. Applications in VR / Ar / metauniverse, unmanned driving and other fields will accelerate the landing, and the demand for relevant chips will remain high. At the same time, it will also drive the explosion of data traffic.
As for semiconductor photoresist, Ping An Securities’s recent research point of view is that at present, China’s semiconductor photoresist is mainly low-end products, and the technical level is far from that of foreign countries. However, under the background of a number of national policy support and large fund injection, domestic substitution will become a long-term trend in the future. Downstream enterprises in China’s industrial chain have gradually realized the importance of localization of core materials. Chinese manufacturers are also actively developing medium and high-end products, accelerating the introduction of customers and products, expanding relevant production capacity, and forging ahead in exploration, so as to seize the opportunity of localization. At present, a few enterprises have begun to emerge and achieve a breakthrough from 0 to 1.
In addition to semiconductors, sectors such as automobile, media, national defense and military industry also rose sharply.
Coal stocks fell sharply, Pingdingshan Tianan Coal Mining Co.Ltd(601666) down more than 6%. China Shenhua Energy Company Limited(601088) fell more than 4%.
Oil stocks also fell sharply. Petrochina Company Limited(601857) fell 2.93%.
It is worth noting that the brokerage sector also saw a significant rise in the morning, Orient Securities Company Limited(600958) , China stock market news and other brokerage stocks led by recent declines rebounded sharply.
In addition, new energy track stocks also rebounded sharply, Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) , Tianqi Lithium Corporation(002466) all rose to varying degrees. Byd Company Limited(002594) rose 4.79%.
For new energy, Sinolink Securities Co.Ltd(600109) the recent research view is that with the sector adjustment since Q4 last year, the expectation of overdraft (at the level of profit forecast and valuation) has been fully digested, and the peg of most leading companies has dropped to less than one time (after the rationalization and correction of EPS forecast) and entered the value investment range again. The following events, such as the introduction of relevant policies in the energy field before and after the subsequent two sessions, the formation of the expectation of general ring growth in Q1 performance, the monthly increase of photovoltaic production with the release of silicon production, and the start of Haifeng bidding, are expected to become the catalyst for the restart of the sector. It is suggested to add the following main lines: photovoltaic 1) silicon / cell leaders with high certainty of profit realization or great flexibility of improvement; 2) Inverter, glass and adhesive film benefiting from “deterministic 50% installed capacity growth”; 3) Benefit from the component leader of pattern differentiation brought by n-type technology switching; 4) new enterprises with product and channel advantages that are expected to share distributed excess profits; Wind power: 1) global supply and high growth parts replaced by localization; 2) Haifeng industrial chain.
The market value of 300 billion “edible oil grass” once fell by more than 9%
The Yihai Kerry Arawana Holdings Co.Ltd(300999) which is widely known as “edible oil grass” fell sharply this morning. It once fell by more than 9% in the session, leaving an obvious downward gap.
The market value of Yihai Kerry Arawana Holdings Co.Ltd(300999) had been above 300 billion yuan for a long time, but today it has fallen below 300 billion yuan.
According to the 2021 annual performance express released yesterday, during the reporting period, the company achieved an operating revenue of 226.23 billion yuan and a total profit of 6.18 billion yuan, a year-on-year decrease of 30.9%; The net profit attributable to shareholders of listed companies was 4.13 billion yuan, a year-on-year decrease of 31.1%; After deducting non recurring profits and losses, the net profit attributable to shareholders of listed companies was 5 billion yuan, a year-on-year decrease of 43.2%.
For the reasons for the decline in profits, Yihai Kerry Arawana Holdings Co.Ltd(300999) said that in terms of kitchen food, during the reporting period, the production and operation costs of the company were higher than those in the same period last year due to the large rise in the cost of raw materials. Although the price of raw materials increased year-on-year, the company did not completely reduce the cost of raw materials. In addition, the intensified market competition and the factors of weak consumption have greatly affected the sales volume of the company’s medium and high-end retail products; At the same time, with the effective control of the epidemic in China during the reporting period, the recovery of China’s catering market and the gradual recovery of catering channels, the sales proportion of catering products with low gross profit margin in the product structure of the company’s kitchen food increased.
In addition, in terms of feed raw materials and oil technology, during the reporting period, on the one hand, due to the rise of market conditions, the income and profit increased. Among them, the profit of oil technology business increased significantly, but the soybean procurement and crushing volume decreased compared with the same period last year, and the crushing profit decreased; On the other hand, the derivative financial instruments for hedging soybean related businesses have incurred some losses, which are caused by avoiding the risk of price fluctuation of raw materials in the process of normal production and operation of the company, and are required for normal operation.
Hong Kong technology stocks rebounded
meituan once soared by more than 7%
Hong Kong stocks rebounded in the morning, especially in technology stocks.
The Hang Seng technology index rose more than 1% in midday trading. Meituan-w rose more than 7% at one time. Previously, the stock fell for three consecutive trading days, including a sharp decline of 14.86% on Friday.
Recently, the national development and Reform Commission and other departments issued the notice on several policies on promoting the recovery and development of difficult industries in the service industry (hereinafter referred to as “several policies”). It is pointed out that enterprises on Internet platforms such as takeout will be guided to further reduce the service fee standard of catering merchants and reduce the operating costs of relevant catering enterprises. Guide Internet platform enterprises to give preferential service fees to phased merchants to catering enterprises in county-level administrative regions where high-risk areas are located.
Among the constituent stocks of Hang Seng technology index, Huahong semiconductor, Wanguo data SW and JD Group w also led the gains.
