Today, the three major stock indexes collectively rebounded, especiallygemThe rebound is strongest. The original downward adjustment trend of the market was broken by a number of unexpected advantages. The central bank announced that it had lowered the standard yesterday evening. The market later announced that the new regulatory asset of 16 trillion U.S. dollars will be postponed. In the effect of the two major advantages, the stock index will move in one fell swoop. Break the downtrend and get out of the long-lost deep V market. From the K-line form, stock index andGEMAll of them have gone out of strong shadows and long shadows, which has played a very positive role in market sentiment. If the market can keep up with tomorrow's trading volume, today it is very likely that it will be a phase transition and will start a new wave of rally. On the plate, the domestic chip collective broke out, the plate set off a wave of ups and downs, domestic software is also a retaliatory rebound, the Hainan plate continued to tumble, the concept of gold, horse racing concept, pork, ST and other plates fall.
Shanghai index:The Shanghai Composite Index broke down at the lowest point on February 9th today. After the bottom of the gold pin, the bullish pin rose and rebounded in the short term. However, the weak trend is hard to change in the short term.
GEM means:The GEM rebounded from today's combined efforts of chips and domestic software. It took in Zhongyang and regained most of its losses yesterday. MACD is also on the upside, and the adjustment is expected to end here, opening a new upswing. The
The U.S. Department of CommerceZTEThe ban on the export of paper rights has caused the stock price of ZTE’s U.S. suppliers and A-share technology sector to suffer “double killing”. At present, the key devices are basically totally dependent on imports. Localization of chips needs to be accelerated, and chip domestic substitution is imminent. In A shares, the chip concept is expected to benefit!
At present, key devices are basically completely dependent on imports, and localization of chips needs to be accelerated. Compared with the United States and other international advanced levels, the current domestic chips have a big gap, and the national yield of base station chips is almost zero. They basically rely on imports for key technologies such as PLL, ADC/DAC, RF, and high-speed optical communication interfaces. . At present, only main-processor products such as FPGAs can replace domestic products, and low-end chips in the field of optical communications can achieve partial self-sufficiency, but optical modules with more than 100G still have no domestic-made solutions. As long as some of the chips in the base station are embargoed by the United States, the entire base station needs to be redesigned. It takes more than one year from design to mass production. Chip domestic substitution is a long-term process. Semiconductors, especially front-end materials, devices, and components, require long-term technology accumulation and process validation. The U.S. Department of Commerce’s sanctions against ZTE once again sounded a warning to the mainland chip industry, and the process of localization of chips needed to be accelerated. This incident has a greater impact on domestic chip design and manufacturers, but it will also boost its efforts to increase independent research and development. Domestic manufacturers are expected to increase funding and talent introduction efforts, and do a good job of patent protection and other related measures.
It is recommended to lay out the IC industry from two perspectives.The first is to focus on areas with better growth, such as integrated circuits used in automobiles. The second is to focus on the sub-divided segments supported by the country, such as memory chips.
Operationally,The medium-term recommendations focus on second-tier pharmaceuticals and other consumer products and high-tech growth stocks; short-term vigilance on the upside risks of the recent large gains in high-ranking stocks, attention to the stagnant performance of low stagnation, chip, domestic software, and blue chips and other strong varieties after the callback Low suction chance. Beijing Bo Xing Securities Investment Gu believes that it can compete with the United StatesNew economyAnd strategyEmerging industryThis will continue to be the biggest investment theme for A-shares this year. Future core investment opportunities will be high-tech growth stocks, which will be able to grasp the low-sucking opportunities after the pullback. In addition, the end of April is the final date disclosed in the quarterly report. Stocks should focus on prevention and focus on excavating stocks that exceed expectations.