Follow up comments
On April 11, the Shanghai stock index fell 2.61%, the Shanghai and Shenzhen 300 fell 3.09%, the gem composite fell 3.92%, and the China Securities 1000 fell 3.76%. Among the 11 primary industry categories of wind11, the indexes of telecommunications services, industry and information technology increased or decreased by – 1.83%, – 3.57% and – 4.52% respectively.
Among the 13 wind three-level industry categories involved in the science and technology and intelligent equipment industry chain, the top three sectors are diversified telecommunications services, energy equipment and services and media III, with increases and decreases of – 1.83%, – 2.73% and – 3.21% respectively; The last three sectors were electrical equipment, semiconductor products and semiconductor equipment and electronic equipment, instruments and components, with increases and decreases of – 5.64%, – 4.70% and – 4.58% respectively.
In the diversified telecommunications service sector, there was no stock limit or stock limit today. The top three stocks are China Telecom Corporation Limited(601728) , China Mobile and China United Network Communications Limited(600050) , with gains and losses of 1.00%, – 1.01% and – 1.40% respectively; The top three stocks are China Satellite Communications Co.Ltd(601698) , Dr.Peng Telecom&Media Group Co.Ltd(600804) and Bizconf Telecom Co.Ltd(300578) , with gains and losses of – 5.56%, – 5.08% and – 4.47% respectively.
In the energy equipment and services sector, there was no stock limit or stock limit today. The top three stocks are Zhongman Petroleum And Natural Gas Group Corp.Ltd(603619) , China Oilfield Services Limited(601808) and Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) , with increases and decreases of 1.02%, – 0.68% and – 1.23% respectively; The top three stocks are Nanjing Develop Advanced Manufacturing Co.Ltd(688377) , Yantai Jereh Oilfield Services Group Co.Ltd(002353) and Deshi shares, with gains and losses of – 5.08%, – 4.52% and – 4.36% respectively.
In the media III sector, one stock rose the limit today, but no stock fell the limit. The top three stocks are Guizhou Bc&Tv Information Network Co.Ltd(600996) , Guangxi Radio And Television Information Network Corporation Limited(600936) and Spearhead Integrated Marketing Communication Group(300071) , with increases and decreases of 10.04%, 5.40% and 4.51% respectively; The top three stocks are Bluefocus Intelligent Communications Group Co.Ltd(300058) , Shunya International Martech (Beijing) Co.Ltd(300612) and Zhejiang Daily Digital Culture Group Co.Ltd(600633) , with gains and losses of – 8.13%, – 6.13% and – 6.10% respectively.
In the electrical equipment sector, there was no stock limit today, and three stocks fell by the limit. The top three stocks are Galaxy Biomedical Investment Co.Ltd(000806) , Jiangsu Yangdian Science & Technology Co.Ltd(301012) and Beijing Dinghan Technology Group Co.Ltd(300011) , with increases and decreases of 5.19%, 5.07% and 2.95% respectively; The top three stocks are Jiangxi Special Electric Motor Co.Ltd(002176) , Xj Electric Co.Ltd(000400) and Ningbo Sanxing Medical Electric Co.Ltd(601567) , with gains and losses of – 10.01%, – 9.97% and – 9.96% respectively.
In the semiconductor products and semiconductor equipment sector, there was no stock limit or stock limit today. The top three stocks are Shanghai Fullhan Microelectronics Co.Ltd(300613) , Guoxin technology and Jiangsu Huasheng Tianlong Photoeletric Co.Ltd(300029) , with gains and losses of 1.41%, 1.36% and 0.17% respectively; The top three stocks are Shenzhen Sunmoon Microelectronics Co.Ltd(688699) , Chipsea Technologies (Shenzhen) Corp.Ltd(688595) and Unigroup Guoxin Microelectronics Co.Ltd(002049) , with gains and losses of – 9.41%, – 9.32% and – 8.99% respectively.
In the electronic equipment, instruments and components sector, there was no stock limit today, and two stocks fell by the limit. The top three stocks are Shenzhen Zhilai Sci And Tech Co.Ltd(300771) , Yingtong Telecommunication Co.Ltd(002861) and Digital China Group Co.Ltd(000034) , up and down by 4.69%, 3.00% and 2.70% respectively; The top three stocks are Netposa Technologies Ltd(300367) , Suzhou Ta&A Ultra Clean Technology Co.Ltd(300390) and Dongguan Dingtong Precision Metal Co.Ltd(688668) , with gains and losses of – 19.48%, – 11.11% and – 10.56% respectively.
Industry highlights
Guangzhou issued “10 articles of yuancosmos”, and relevant projects can receive 5 million yuan subsidy (Financial Associated Press)
Huangpu District and Guangzhou Development Zone of Guangzhou held a press conference on the innovation and development of Yuanyu universe, at which the measures for Huangpu District and Guangzhou Development Zone of Guangzhou to promote the innovation and development of Yuanyu universe (hereinafter referred to as “Yuanyu 10 articles”), which is also the first Yuanyu special support policy in Guangdong, Hong Kong and Macao Dawan district. The policy support covers ten aspects: technological innovation, application demonstration, intellectual property protection, talent drainage, exchange and cooperation and fund support. It focuses on cultivating fields reflecting the development trend of the meta universe, such as industrial meta universe, digital virtual human and digital art trading, in order to seize the next “outlet” of the Internet and gather new potential energy for promoting the high-quality development of the digital economy.
According to the “Article 10 of metauniverse”, the area will be rewarded from three aspects: the construction of a symbolic scene of metauniverse with Huangpu characteristics, the value innovation and public service platform of key common technologies and general capabilities of metauniverse, and metauniverse related projects in specific research directions, with a maximum subsidy of 5 million yuan respectively. In addition, the 2022 global meta universe conference hosted by China Mobile Communications Federation was held on April 20. The agency pointed out that metauniverse will become a connector for all industries in the physical world (covering the primary, secondary and tertiary industries). In 2030, there is expected to be a general agreement between sub metauniverses to realize large-scale interoperability, and consumer level solutions for interactive devices are expected to appear.
The supply chain of semiconductor equipment is tight, and the delivery date of key products has reached 18 months (Financial Associated Press)
Due to the unprecedented shortage of parts and tight supply chain, the chip equipment industry has been hit hard. Key semiconductor manufacturing equipment may wait for a year and a half or even longer to deliver. Many sources said that semiconductor equipment manufacturers such as applied materials, Kelei, Colin and ASML warned customers that some key machines must wait for up to 18 months because they are short of parts from lenses, valves and pumps to microcontrollers, engineering plastics and electronic modules.
Before the outbreak of the epidemic in 2019, the average delivery period was about 3-4 months, and it has been extended to 10-12 months in 2021. According to the statistics of the international semiconductor industry association, last year, the total shipment of semiconductor equipment reached a record US $42.99 billion, a year-on-year increase of more than 40%. From the perspective of industrial feedback, although the tide of “housing economy” has ebbed to a certain extent, the demand in industrial control, automotive electronics, high-performance computing and other fields is still strong, and the structural core shortage still exists, which has also become an important consideration for the expansion of large semiconductor manufacturers.
Risk tips
Macroeconomic fluctuation risk; Increased risk of trade conflict; Risks of raw material price rise exceeding expectations, etc.
