Market Overview
The market performance on Wednesday was thrilling. The final decline of the main indexes was small, but the intraday market fell sharply and panic spread. In terms of index, the main indexes continue to brush out the stage low, and the signs of breaking are more obvious. The market rises less and falls more, and the profit-making effect is poor. Plate, stationery, coal and Baijiu sector performance is acceptable, the latter two are also important new force in index reversal. Chemical fiber, real estate and securities companies are still the main forces to kill, and industry leaders continue to kill. It is worth mentioning that the northbound funds flowed out sharply when the market rebounded, and the adverse trend was obvious.
The market continued to kill and ushered in a long shadow line. Under the background of capacity release, the market's short-term stabilization expectation increased. At present, the market is in urgent need of stabilization. We believe that the high-quality weight sector has the value of attention in the short term after years of continuous decline. Due attention can be paid to the securities companies benefiting from the acceleration of the comprehensive registration system, the real estate that gradually warmed up years ago and the new energy sector that is not weak in the off-season.
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
