Today (December 22), the three major indexes of A-Shares fluctuated. The stock index rose rapidly after opening high, then rose and fell, and failed to turn red; The Shenzhen Component Index and gem index fluctuated upward and maintained the red market shock pattern all day. On the whole, the index showed a trend of weak Shanghai and strong Shenzhen at the index level.
In this regard, YueKai Securities pointed out that since its operation in December, A-Shares have developed first and then declined, and the overall operation center and expectation have moved forward in fluctuation. For the future, we continue to be optimistic about the new year's market, but the interpretation of the market is not achieved overnight.
At the same time, Everbright Securities Company Limited(601788) pointed out that the cross-year market will rise in the fluctuation and rise of the index and the alternating rotation of plates, and continue to grasp the three main lines: securities companies, an important carrier for the interpretation of the cross-year market; New and old infrastructure, real estate and other sectors benefiting from steady growth expectations and undervalued repair; "Double carbon" related new energy, coal and other sectors. Emotional direction, Yuan universe, digital currency and other sectors, you can pay attention to relevant trends in the short term.
plate:
unitary universe
New era Securities believes that the meta universe may be understood as the next generation Internet, which will generate different connections and experiences between people and things in time and space based on different terminals, and the ultimate form will depend on the development of technology. At present, we believe that there are several directions that can be grasped around the meta universe. First, new hardware terminals and consumer arvr devices can be compared with the situation of mobile phones; Second, the new operating system or operating platform built on AR / VR devices, represented by Microsoft, Google, apple, wechat and other platform companies; Third, in addition to the transferred entertainment and enterprise industrial applications, or new applications with a volume of 100 million will be generated, and the business model will be extended by changing the new interaction mode of connection and experience. Although the current industrial development is at an early stage, it is developing rapidly. Early investment should grasp the digital entertainment content that has the most performance support and is most likely to be transferred to the meta universe, such as digital games, virtual people and idols, exhibitions, etc.
China Galaxy Securities Co.Ltd(601881) securities mentioned that metauniverse is a new generation of Internet form with large traffic covering aiot based on network transmission reform (5g) + interactive mode reform (VR / AR) + computing power reform (AI chips such as GPU) + content Ecology (UGC). From 1g / 2G / 3G / 4G to 5g / 6G, from PC Internet, mobile Internet to metauniverse, each generation of Internet reform can bring a new round of technical dividend release, and give birth to new computing leaders (such as Intel and Qualcomm), algorithm leaders (such as Microsoft, Google and byte interaction), terminal dragons (such as Nokia and apple) and corresponding business forms. At this point in time, we focus on the progress and investment opportunities of cloud computing and AI chips supported by meta cosmic computing power.
Guosen Securities Co.Ltd(002736) pointed out that the meta universe is expected to continue to catalyze the performance of the plate. 1) VR and other hardware equipment experience continues to improve, the price continues to decline, 5g, cloud computing, blockchain and other infrastructure are gradually mature, and the content and application ecology are also developing rapidly driven by hardware and infrastructure; 2) "Media is information", as a more immersive and abundant media form, the meta universe will inevitably bring greater impact and reconstruction of human society and economy; With the acceleration of hardware and infrastructure, metauniverse is expected to mature at a faster speed. And bring new opportunities in platform ecology, hardware requirements, infrastructure, content form, etc; Driven by the head organization, the industrial ecology is expected to accelerate the landing and continue to catalyze the performance of the sector.
II. Smart wear
Wanlian Securities said that the application growth certainty of AV / VR equipment in the next five years is high. According to the latest research of Market Research Institute omdia, by 2026, the market value of consumer virtual reality will reach US $16 billion, an increase of 148% over 2021.
Huachuang Securities pointed out that due to the product cycle, the consumer electronics industry has lost more than a year's Innovation window, and most companies have reduced their performance to varying degrees due to the intensification of track competition and exchange rate. The whole sector has experienced a systematic Davis double kill market. With the arrival of AR / VR and other new hardware innovation cycles, there is room for the valuation of the sector to be repaired, The performance growth of relevant leading stocks is expected to bottom out and pick up, and the current location allocation has a high cost performance.
In addition, Guorong Securities said that the mobile phone industry chain ushered in a weak recovery, and the improvement of iPhone 2022h1 shipments provided strong support for the prosperity of the industry. On the one hand, the decline in China's mobile phone shipments is due to the rise in the mobile phone replacement cycle under the lack of innovation. On the other hand, it is also related to China's repeated epidemic, lack of core in the industrial chain and insufficient consumption. After two consecutive months of year-on-year decline in mobile phone shipments in August and September, China's mobile phone shipments began to stabilize and rebound since October. The industry recovery trend was confirmed in November. With the gradual easing of the lack of core in the industrial chain, and the peak season of consumer electronics years ago, it is expected that the prosperity of the industry will continue to rise.
In addition, according to the South Korean parts industry news, apple set the iPhone shipment target of 170 million in the first half of next year, 30% higher than 130 million this year, and has informed major parts manufacturers of the supply and demand plan, which will support the prosperity of the mobile phone industry chain in the first half of next year.
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