Market Overview
Tuesday's market performance was very bleak, and the market had little profit-making effect. Compared with the market differentiation on Monday, there are still risk aversion sectors to flaunt, and Tuesday's market is rising less than 10%, and only Baijiu and semiconductor sectors are red in the market. Gem and CSI 300 continue to refresh the low level of the stage. Although the gem once turned red, the sector has no sustainability in the case of lack of capital follow-up. Plate, benefited from the rapid growth of Kweichow Moutai Co.Ltd(600519) revenue and net profit from 1 to February, and Baijiu sector closed down. Semiconductor led the technology sector to rise and fall in the afternoon, which was stronger than the general trend as a whole; However, the cyclical sector became the hardest hit area today, with coal, gas and metals leading the decline.
At present, the market pays attention to stabilization and should not be radical as a whole. Market stabilization needs to pay close attention to multiple conditions and should not be excessive. First, pay attention to the external situation and market stability. Today, with the increasing scale of foreign investment, market stability needs the stability of the external environment; Secondly, the trading environment is stable. The current market downturn is accompanied by the release of volume and energy. Under the background of panic selling, it is difficult for the market to obtain a stable environment; Third, there is a need to stabilize the market. At present, there is no obvious sustainability of hot sectors. On the whole, we should focus on caution and pay attention to the driving role of the steady growth sector
Policy tracking
Chip continues to be in short supply
According to the financial Associated Press, the recent market continues to be short of cores and new orders continue to flow, adding to the confidence of wafer manufacturing enterprises. A number of wafer manufacturers have successively announced their capital expenditure plans for 2022. Silterra, Malaysia's largest wafer foundry, recently announced that it plans to invest 645 million ringgit (about 150 million US dollars) to expand production, aiming to increase the annual production capacity by 20%. China has become the world's largest semiconductor equipment market. Local semiconductor equipment has achieved key technological breakthroughs in multiple segments, and relevant concept stocks are expected to benefit.
