Yesterday, the communication sector ushered in the “big event” screen brushing.
On March 23, Zte Corporation(000063) issued the announcement on inside information and resumption of trading, saying that the court judgment was received on March 22, 2022 (US time), ruling that Zte Corporation(000063) ‘s suspended sentence (i.e. the suspended sentence will expire on March 22, 2022 (US time)) will not be revoked without any penalty, and confirmed that the term of office of the inspector will end on March 22, 2022 (US time). After the resumption of trading, Zte Corporation(000063) Hong Kong stocks rose sharply, up more than 50%. It closed up 23% and Zte Corporation(000063) A-Shares rose directly.
China Merchants Securities Co.Ltd(600999) research report said that Zte Corporation(000063) winning the lawsuit is good for the valuation recovery of the communication industry, and the layout on the left side is recommended at the bottom of the sector. From 2020 to 2021, the valuation of the communication sector continued to decline, and ZTE’s victory is expected to help the emotional recovery of the sector. With the high degree of globalization of communication equipment, the relationship between overseas operators and Chinese suppliers may reproduce opportunities, and the overseas territory continues to expand.
Good news from overseas,
Citic Securities Company Limited(600030) said it raised its rating of the communication industry in mid-202 7 due to the industry prosperity, the bidding prosperity of operators has rebounded since mid-2021, which is good for the upstream industrial chain. At the policy level, policies such as the 14th five year plan for information and communication and the calculation from the east to the West have been introduced one after another, boosting the confidence of the industry. The sector continues to welcome positive catalysis and continue to be optimistic about the market of the sector.
At the same time, the communication sector also showed strong performance resilience in the annual report quarter. At present, among the individual stocks that have disclosed the performance forecast for 2022, the performance of 18 stocks is expected to increase by more than 100%, including many stocks that have reversed their losses. China Mobile, China United Network Communications Limited(600050) , China Telecom Corporation Limited(601728) has released annual reports, and the net profit growth of China Mobile has reached the highest level since 2009 (nearly 13 years).
institutional position communication section? Which stocks are heavily held
According to Wanlian securities, the proportion of fund positions in the communication industry has entered a downward channel since the first quarter of 2020, and the current allocation level is at a low level.
The composition of the top ten heavyweight stocks of partial equity funds in the communication industry is relatively stable: among them, Yealink Network Technology Co.Ltd(300628) , Zte Corporation(000063) , Quectel Wireless Solutions Co.Ltd(603236) , Shanghai Huace Navigation Technology Ltd(300627) , Fibocom Wireless Inc(300638) ranked among the top ten heavyweight stocks for four consecutive quarters, and Hangzhou Anysoft Information Technology Co.Ltd(300571) entered the top ten heavyweight stocks for the first time since four quarters. Although the ranking of the top ten heavyweight stocks has changed, the composition is basically the same. They are all high-quality enterprises with high degree of productization and good business model in each subdivided industry.
From the change of shareholding market value, the top ten stocks added positions in the fourth quarter of 2021 are Zhongji Innolight Co.Ltd(300308) , Fibocom Wireless Inc(300638) , Wenzhou Yihua Connector Co.Ltd(002897) , Hengtong Optic-Electric Co.Ltd(600487) , Hangzhou Anysoft Information Technology Co.Ltd(300571) , Quectel Wireless Solutions Co.Ltd(603236) , Sunresin New Materials Co.Ltd Xi’An(300487) .627 , Zte Corporation(000063) , Suzhou Tfc Optical Communication Co.Ltd(300394) and Queclink Wireless Solutions Co.Ltd(300590) . The top ten stocks of the fund are mainly distributed in the Internet of things module, optical module industry chain, digital economy infrastructure and energy digitization related fields.
