This week, the electronic (Shenwan) sector index rose or fell by – 4.3%, ranking 15th in the rise and fall of Shenwan industry. Track leading stocks continued to show a downward trend.
The Shenzhen electronics industry index continued to lose at – 300.0 PCT this week, and the Shenzhen electronics industry index continued to lose at – 300.0 PCT this week. PE in the electronics industry is at the quantile of 4.6% in recent five years, and the electronics industry index is at the quantile of 45.0% in recent five years. The average turnover rate of the industry every Sunday is 1.1%, which is the low point of nearly a year.
This week, a total of 5 new shares in the electronics industry landed on the science and innovation board, and their share price performance was differentiated after listing. The performance growth rate of the three broken new shares decreased significantly in Q1 this year, and the scale is far smaller than the industry leading target, so the market does not recognize their issuance pricing. In contrast, tuojing technology and nano core micro have made eye-catching performance after listing. Their own performance is superimposed on the high prosperity of the industry track, which is an important catalytic factor for the rise of stock price. Overall, in the case of the decline of the A-share market, the investor sentiment is negative, coupled with the combined action of the epidemic, geopolitical disturbance to the supply chain, weak downstream consumption and the full liberalization of the registration system, the general rise of new share issuance is difficult to continue. Under the tide, only companies that really achieve high-quality performance can be recognized by investors. On the one hand, the differentiation performance of IPO reflects the current promising fields of the market: the subdivided fields of semiconductor equipment and analog chips. It is suggested to pay attention to the leading companies Naura Technology Group Co.Ltd(002371) , Sg Micro Corp(300661) . On the other hand, it also confirms the investment logic we have always emphasized: in the period when the market risk appetite tends to be rational and the industry valuation is low, we should continue to pay attention to high-quality targets with performance support and broad market space. The long-term logic of domestic substitution in the electronics industry remains unchanged, maintain confidence and actively grasp the investment opportunities brought by the current undervaluation.
Focus on suggestions: it’s the leader of the high boom industry, the leader of the high boom industry, the leader of the high boom industry, the leader of the industry, and the performance growth. The performance growth is more certain targets: Hangzhou Silan Microelectronics Co.Ltd(600460) Hangzhou Silan Microelectronics Co.Ltd(600460) \ , Shenzhen Kinwong Electronic Co.Ltd(603228) , etc.
Risk warning: risk of deterioration of the international situation, unexpected epidemic development and liquidity risk
