Nvidia concept stocks continue to be active. As of the close of trading on May 31, Obi Zhongguang (688322. SH) recorded a "20CM" limit increase, Kinwong Electronics (603228. SH), Hongbo (002229. SZ) is also up and down, Shenghong Technology (300476. SZ), Aoshicon (002913. SZ) and so on.
On the news, on May 30, Eastern time, the market value of NVIDIA in the US stock market once exceeded $1 trillion, becoming the world's first chip company with a market value of more than $1 trillion, and Apple, Google's parent company Alphabet, Microsoft and Amazon joined the trillion-dollar market value club.
On May 25, NVIDIA released its first-quarter financial report, and the revenue of the data center business where AI chips are located reached a record high, maintaining a year-on-year growth rate of more than 10%. A recent report released by JPMorgan Chase pointed out that NVIDIA will occupy 60% of the entire AI product market this year.
While NVIDIA concept stocks continue to be hot, funds are also divided. Some institutions chased the heights, and some institutions took advantage of the situation to flee.
A number of companies rub NVIDIA hot spots
The first financial reporter combed and found that a number of listed companies tried to rub this wave of "NVIDIA craze" through various channels.
On May 30, Kinwong Electronics said on the interactive platform that the company and NVIDIA have in-depth cooperation in computing power, automatic driving, graphics cards and other fields, based on confidentiality agreements with customers, the specific order situation is not easy to disclose. The company's products can be used in batch optical module products, and the order status in the second quarter is detailed in the company's regular report.
Kinwong Electronics also said that the company has cooperated with NVIDIA, AMD, Intel, Zhongji Xuchuang and other customers, and as the company's high-end product production capacity gradually increases, it is expected to meet the order needs of more customers in the future.
Kinwong Electronics said that the company's main products are printed circuit boards, which are the key electronic components that constitute electronic products and the carrier of integrated circuits, of which some ICS can be used for semiconductor packaging and testing.
On May 30, the share price of Kinwong Electronics rose by 2.71%, and on May 31, the stock price directly rose to the limit.
Also the "NVIDIA concept stock" that has recently gained market popularity is Hongbo shares, which have won five consecutive boards since May 25.
Since late May, Hongbo has issued two consecutive announcements on stock price changes. On May 30, Hongbo announced that the company's stock trading price had accumulated more than 20% deviation from the closing price increase for two consecutive trading days on May 29 and May 30. Previously, on May 28, Hongbo issued an announcement that the company's stock trading price had increased by more than 20% on May 25 and May 26 for two consecutive trading days.
According to the information in the 2022 annual report, in 2022, Hongbo Co., Ltd. established a wholly-owned subsidiary, Beijing InBev Digital Technology Co., Ltd. (hereinafter referred to as "InBev Digital"), established the Beijing AI Innovation Empowerment Center, and carried out project construction and operation services in the field of artificial intelligence technology. It is worth noting that one of the shareholders of this project is NVIDIA, a world-renowned artificial intelligence computing company. The main business of Beijing AI Innovation Empowerment Center is to provide 100P NVIDIA high-performance computing and AI reasoning training computing power rental.
The company recently said that InBev Digital has generated operating income and profit in early May, and the Beijing AI Innovation Empowerment Center project has been put into actual operation. Although market participants are very divided on this, Hongbo shares and NVIDIA have "climbed the relationship" in this way, and the stock price has soared.
In addition, many listed companies said that they have reached a cooperative relationship with NVIDIA.
Shenghong Technology recently said on the interactive platform that the company specializes in the research and development, production and sales of high-density printed circuit boards, the main products are high-end multilayer boards, HDI boards, etc., and the products are eventually used in international enterprises such as NVIDIA; and Lin Weina (688661. SH) said that the company is a supplier of NVIDIA probes, and the company mainly supplies mid-to-high-end FT test probes and related components for NVIDIA; Platinum New Materials(300811. SZ) said that the company is a supplier of NVIDIA chip inductors soft magnetic powder core.
Yakang Co., Ltd. (301085. SZ) said on the investor interactive platform on May 29 that the company is a customer of NVIDIA's related products. According to reports, the company has indirect business relations with NVIDIA at home and abroad, and the GPU machines purchased and sold by the company are based on NVIDIA products.
Haitian Ruisheng(688787. SH) said on May 29 that the company currently purchases chips produced by a number of hardware manufacturers, including NVIDIA, for data storage and data production. In addition, CLP Port (001287. SZ) said that the company is one of the authorized distributors of NVIDIA in China, and Bojie shares (002975. SZ) said that the testing of the company's products in the GPU field is mainly board-level testing, and there are cooperation orders with NVIDIA, and the amount is not large.
Funding is now divided
The first financial reporter noticed that as early as this year's quarterly report, many fund managers mentioned the "NVIDIA concept".
For example, TEDA Manulife Fuxing Weiye Flexible Allocation Hybrid Fund Manager said in a quarterly report: "Under the strong trend of technological innovation, domestic and foreign technology giants have participated, NVIDIA launched a new computing power chip, Microsoft released Copilot products, Baidu, Huawei, Tencent have also launched their own large models." Resonance at home and abroad, a new round of scientific and technological innovation cycle has begun. ”
TEDA Manulife Fuxing Weiye Flexible Configuration Hybrid In the field of artificial intelligence, computing power hardware represented by chips, servers, optical modules, algorithm fields represented by large models, and application fields represented by games and software have all increased corresponding configurations in the first quarter.
Chen Zhenpu, manager of GF Dongcai Big Data Select Flexible Allocation Hybrid Fund, said in a quarterly report that after the emergence of the concept of ChatGPT, overseas markets have also seen a pursuit of the computer sector, such as the well-known US GPU company NVIDIA's stock price has risen 90% in the first quarter.
Therefore, in the environment of slow recovery of domestic economic data in the first quarter, investors are worried about the performance growth of listed companies, so they prefer ChatGPT thematic investment stocks, and no longer favor the stable growth of boom industry sectors represented by photovoltaic and new energy vehicles. In the first quarter, Chen Zhenpu said that he gradually increased the allocation of technology stocks.
Xu Chengcheng, fund manager of Cathay Nasdaq 100 (QDII-ETF), believes that at present, U.S. technology stocks bring together the world's top AI industry chain companies, including Microsoft, Google, NVIDIA, etc., and it is worth paying attention to whether the promotion of AI technology and products in the next few quarters can open a new growth curve for these companies and drive valuation improvement.
In fact, some institutions have "ambushed" in NVIDIA concept stocks early in the first quarter of this year.
DATA FROM TONGLIAN SHOWS THAT GAOHUA-HSBC-GOLDMAN, SACHS&CO. LLC (QFII) has become the tenth largest outstanding shareholder of Hongbo in the first quarter of this year, holding 2,213,900 shares. In addition, CITIC Securities Co., Ltd. also became the fourth largest outstanding shareholder in the first quarter.
However, for the future trend of "NVIDIA" concept stocks, funds are divided.
According to the data of the Dragon and Tiger List of Hongbo shares after market hours on May 30, a total of 2 institutional seats appeared on the Dragon and Tiger list, ranking Buy 2 and Buy 3 respectively. A total of 75.3988 million yuan was net purchased, accounting for 2.02% of the stock's total turnover on May 30.
There are 4 well-known tourist capital sales departments on the list, which are ranked as Buy 4, Sell 1, Sell 3 and Sell 5.
Buy 4 is CICC Shanghai Branch, which bought 46.1074 million yuan and sold 6.3035 million yuan, with a net purchase amount of 39.8038 million yuan.
Sell 1 is the Shanghai Pudong Yuanshen Road Business Department of Orient Securities, which sold a net of 90.3537 million yuan; Sell 3 is the Ningbo Sangtian Road Business Department of Guosheng Securities, which bought 19.0822 million yuan and sold 60.0232 million yuan, with a net sale of 40.941 million yuan.
Sell 5 is the trading unit of China Merchants Securities, which bought 28.3725 million yuan, sold 49.2056 million yuan, and sold 20.8331 million yuan.
On May 31, the turnover of Hongbo shares was 4.259 billion yuan, with a turnover rate of 25.37%, and the data of the after-hours dragon and tiger list showed that 3 institutions bought 172 million yuan and 1 institution sold 18.0869 million yuan.
According to data from the Obi Zhongguang Dragon and Tiger List on May 31, the total net sale of the three institutions was 18.2499 million yuan.
Editor-on-duty: Rishaya