Follow up comments
On March 9, the Shanghai stock index fell 1.13%, the CSI 300 fell 0.92%, the gem composite fell 0.76%, and the CSI 1000 fell 1.09%. Among the 11 primary industry categories of wind11, the indexes of information technology, telecommunications services and industry increased or decreased by – 0.38%, – 0.64% and – 0.77% respectively.
Among the 13 wind three-level industry categories involved in the science, technology and intelligent equipment industry chain, the top three sectors are semiconductor products and semiconductor equipment, electrical equipment and Internet software and services III, with increases and decreases of 0.76%, 0.60% and – 0.07% respectively; The last three sectors were aerospace and national defense III, energy equipment and services and machinery, with increases and decreases of – 2.60%, – 2.39% and – 1.54% respectively.
In the semiconductor products and semiconductor equipment sector, there was no stock limit or stock limit today. The top three stocks are Macmic Science & Technology Co.Ltd(688711) , Dongwei semi guide and Yingkou Jinchen Machinery Co.Ltd(603396) , with increases and decreases of 10.75%, 7.90% and 7.44% respectively; The top three stocks are Maxscend Microelectronics Company Limited(300782) , Ja Solar Technology Co.Ltd(002459) and Anhui Coreach Technology Co.Ltd(002983) , with gains and losses of – 3.62%, – 3.57% and – 3.44% respectively.
In the electrical equipment service sector, four stocks rose by the limit today, and no stocks fell by the limit. The top three stocks are Tongling shares, Shanghai Nenghui Technology Co.Ltd(301046) and Taihai Manoir Nuclear Equipment Co.Ltd(002366) , with increases and decreases of 16.02%, 12.93% and 10.06% respectively; The top three stocks are Beijing Hezong Science&Technology Co.Ltd(300477) , Hunan Corun New Energy Co.Ltd(600478) and Estun Automation Co.Ltd(002747) , with gains and losses of – 8.45%, – 8.06% and – 6.07% respectively.
In the Internet software and service III sector, there was no stock limit or stock limit today. The top three stocks are Capitalonline Date Service Co.Ltd(300846) , Hengxin Shambala Culture Co.Ltd(300081) and Wutong Holding Group Co.Ltd(300292) , up and down by 14.02%, 9.69% and 7.62% respectively; The top three stocks are Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226) , Qingcloud Technologies Corp(688316) and People.Cn Co.Ltd(603000) , with gains and losses of – 6.19%, – 5.94% and – 5.79% respectively.
In the aerospace and national defense III sector, there was no stock limit today, and one stock fell by the limit. The top three stocks are Huaqin technology, Tianjin Jieqiang Power Equipment Co.Ltd(300875) and Changchun Up Optotech Co.Ltd(002338) , with gains and losses of 11.56%, 1.95% and 1.67% respectively; The top three stocks are Changsha Jingjia Microelectronics Co.Ltd(300474) , Tongyi aerospace and Chengdu Rml Technology Co.Ltd(301050) , with gains and losses of – 7.06%, – 6.62% and – 5.69% respectively.
In the energy equipment and services sector, there was no stock limit today, and one stock fell by the limit. The top three stocks are Nanjing Develop Advanced Manufacturing Co.Ltd(688377) , Sinopec Oilfield Equipment Corporation(000852) and Yantai Jereh Oilfield Services Group Co.Ltd(002353) , with increases and decreases of 4.18%, 1.68% and 0.66% respectively; The top three stocks are Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) , Deshi shares and Tong Petrotech Corp(300164) , with gains and losses of – 9.98%, 7.24% and 6.99% respectively.
In the machinery sector, two stocks rose and fell by the limit today, but no stocks fell by the limit. The top three stocks are Wenyi Trinity Technology Co.Ltd(600520) , Ife Elevators Co.Ltd(002774) and Kale Environment Technology (Shanghai) Co.Ltd(301070) , with increases and decreases of 10.03%, 10.02% and 8.66% respectively; The top three stocks are Nanjing Baose Co.Ltd(300402) , Beijing Jingcheng Machinery Electric Company Limited(600860) and Bingshan Refrigeration & Heat Transfer Technologies Co.Ltd(000530) , with gains and losses of – 9.67%, – 8.81% and – 8.69% respectively.
Industry highlights
Major semiconductor manufacturers announced that the price increase track continued to be high (Financial Associated Press)
According to media reports, semiconductor manufacturer Semtech recently issued a price increase letter, which will increase the price of all TVs (transient voltage suppression diode) new orders after March 14.
TVs, namely transient voltage suppressor, is a new type of high-efficiency circuit protection device widely used. It has extremely fast response time (sub nanosecond level) and quite high surge absorption capacity. It can be used to protect equipment or circuit from transient voltage generated during static and inductive load switching, as well as overvoltage generated by induced lightning. Ordinary TVs diodes are formed by a single PN node structure, with single structure and simple process. ESD protection devices have higher requirements for structural design and process, and the structure is more complex. They are generally designed as multi-channel PN junction integrated structure, which adopts multiple epitaxy, double-sided expansion junction or groove design. ESD protection devices can ensure the effective protection of miniaturized integrated circuit chips, which represents the technical level and development direction of TVs. TVs / ESD protection devices are widely used. Driven by 5g infrastructure and 5g mobile phones, electric vehicle charging piles, personal computers, industrial electronics and other markets, insiders expect TVs / ESD protection devices to increase significantly.
China’s decline in construction machinery narrowed in February, and there was a time lag in boosting demand for infrastructure (Financial Associated Press)
Cailian News Agency (Changsha, reporter Huang Lu) – the sales express data of “king of construction machinery” excavator came out in February this year. The sales volume of excavator in China continued to decline year-on-year. Although China’s monthly sales volume had negative growth for 11 consecutive months, the export sales volume maintained a high growth rate.
Industry machinery related people told the financial associated press that from the short-term monthly data, because the growth rate of Q1 last year was too good, the sales volume of this year must decline year-on-year and last year, but from the data of the past two months, it will be better than what was expected at the end of last year. The construction machinery industry has a certain periodicity, but the cycle is weakened. The judgment of the industry is low before this year and high after this year.
Risk tips
Macroeconomic fluctuation risk; Increased risk of trade conflict; Risks of raw material price rise exceeding expectations, etc.
