Follow up comments
On February 24, the Shanghai stock index fell 1.70%, the Shanghai and Shenzhen 300 fell 2.03%, the gem composite fell 2.30%, and the China Securities 1000 fell 2.22%. Among the 11 primary industry categories of wind11, the indexes of industry, telecommunications services and information technology increased or decreased by – 1.82%, – 1.83% and – 2.37% respectively.
Among the 13 wind three-level industry categories involved in the science, technology and intelligent equipment industry chain, the top three sectors are energy equipment and services, aerospace and national defense III and semiconductor products and semiconductor equipment, with increases and decreases of 5.70%, 2.24% and – 0.52% respectively; The last three sectors were information technology services, Internet software and services III and media III, with increases and decreases of – 5.17%, – 4.50% and – 4.37% respectively.
In the energy equipment and services sector, four stocks rose by the limit today, and no stocks fell by the limit. The top three stocks are Landocean Energy Services Co.Ltd(300157) , Haimo Technologies Group Corp(300084) and Tong Petrotech Corp(300164) , with ups and downs of 20.04%, 16.59% and 15.27% respectively; The last three stocks were dewell, Bode Energy Equipment Co.Ltd(300023) and Suzhou Douson Drilling&Production Equipment Co.Ltd(603800) , with gains and losses of – 3.82%, – 3.16% and 0.86% respectively.
In the aerospace and national defense III sector, one stock rose by the limit today, but no stock fell by the limit. The top three stocks are Xi’An Tian He Defense Technology Co.Ltd(300397) , Jiangxi Xinyu Guoke Technology Co.Ltd(300722) and Xi’An Chenxi Aviation Technology Corp.Ltd(300581) , with ups and downs of 19.98%, 15.29% and 11.17% respectively; The last three stocks were Chengdu M&S Electronics Technology Co.Ltd(688311) , Wuxi Hyatech Co.Ltd(688510) and Hefei Jianghang Aircraft Equipment Co.Ltd(688586) , with gains and losses of – 2.07%, – 2.04% and – 1.69% respectively.
In the semiconductor products and semiconductor equipment sector, there is no stock limit today, and there is no stock limit. The top three stocks are Shenzhen Baoming Technology Co.Ltd(002992) , Beijing Xiaocheng Technology Stock Co.Ltd(300139) and Shenzhen S.C New Energy Technology Corporation(300724) , with increases and decreases of 6.25%, 4.34% and 3.70% respectively; The last three stocks were Shenzhen Mason Technologies Co.Ltd(002654) , Tonghui sinixi and Shanghai Bright Power Semiconductor Co.Ltd(688368) , with gains and losses of – 7.28%, – 7.26% and – 5.73% respectively.
In the information technology service sector, there was no stock limit today, and five stocks fell by the limit. The top three stocks are visualisation technology, Shanghaichengdiconstructioncorporationltd(603887) and Shanghai Golden Bridge Infotech Co.Ltd(603918) , with gains and losses of 9.17%, 6.18% and 3.82% respectively; The last three stocks were Hengfeng Information Technology Co.Ltd(300605) , Beijing Asiacom Information Technology Co.Ltd(301085) and diweixun, with gains and losses of – 12.82%, – 12.65% and – 10.88% respectively.
In the Internet software and service III sector, one stock rose by the limit and one stock fell by the limit today. The top three stocks are Beijing Zznode Technologies Co.Ltd(003007) , China Reform Health Management And Services Group Co.Ltd(000503) and Kairuide Holding Co.Ltd(002072) , with increases and decreases of 10.01%, 1.19% and 0.00% respectively; The last three stocks were Capitalonline Date Service Co.Ltd(300846) , Jc Finance & Tax Interconnect Holdings Ltd(002530) and Chase Science Co.Ltd(300941) , with gains and losses of – 11.72%, – 9.90% and – 9.60% respectively.
In the diversified telecommunications service sector, one stock rose by the limit and two stocks fell by the limit today. The top three stocks are Guizhou Bc&Tv Information Network Co.Ltd(600996) , Shandong Publishing&Media Co.Ltd(601019) and Xi’An Global Printing Co.Ltd(002799) , with increases and decreases of 9.96%, 2.80% and 0.70% respectively; The last three stocks were China United Travel Co.Ltd(600358) , Zhejiang Daily Digital Culture Group Co.Ltd(600633) and Chengdu B-Ray Media Co.Ltd(600880) , with gains and losses of – 10.00%, – 9.98% and – 9.72% respectively.
Industry highlights
LG new energy and Samsung SDI will launch new cylindrical batteries within this year, and the energy density will be increased by 10% (Financial Associated Press)
According to the financial Associated Press, February 23, Infineon reportedly recently issued a notice to dealers that the imbalance between supply and demand of semiconductor production capacity will run through the whole year of 2022. Under the influence of the rising cost structure, the company can no longer digest the increased costs by itself and intends to “distribute the burden on a broad basis.” The industry further pointed out that as the world’s major supplier of power management IC and power semiconductor, and the production line is concentrated in vehicle and industrial MCU, Infineon’s intention is very obvious although it has not made clear the specific price increase action.
Automotive chips are still in short supply. The industry expects Q2 prices to rise by 15% – 20% (Financial Associated Press)
On the 24th, the scientific innovation board Daily reported that there is still a shortage of automotive chips. The channel industry expects that the price of automotive MCU will continue to rise in the second quarter, with an average increase of about 15% – 20%. However, some IDM factories revealed that they had not started the price increase notice and negotiation at present, and believed that the quotation in the second quarter was expected to maintain stability. (Taiwan Electronic Times)
Risk tips
Macroeconomic fluctuation risk; Increased risk of trade conflict; Risks of raw material price rise exceeding expectations, etc.
