The main broad-based indexes of A-shares were all lower in early trading, and memory chip concept stocks bucked the trend and strengthened, among which BIWIN Storage rose more than 3%. In the U.S. stock market overnight, memory chip giant Micron Technology surged 8.63%, recording its biggest one-day gain since March 2022. The company previously reported a 16% year-on-year increase in revenue for the fiscal first quarter to $4.73 billion, and raised its guidance for the fiscal second quarter, beating market expectations.
BIWIN Storage is a constituent stock of the STAR 100 Index. The index was lower in early trade, with most of its constituents falling. As of press time, among the rising stocks, in addition to BIWIN Storage, Huaqin Technology, Xinmai Medical, Green Harmonic, Honghua Digital, and Juchen shares rose by more than 1%, and Zhuhai Guanyu, Xin Yichang, Huaheng Biotechnology, and Huaxing Yuanchuang rose slightly.
The STAR 100 ETF (588190), which tracks the STAR 100 Index, was lower at the start of the session, but is now trading at a slight premium during the session. As of press time, the ETF fell 0.63%, with a premium rate of 0.06%, and a turnover of more than 30 million yuan. It is worth noting that the Kechuang 100 ETF (588190) has continued to be favored by funds recently, and the ETF has received a net inflow of funds for 11 consecutive trading days, with a cumulative "gold absorption" of more than 400 million yuan.
According to the latest data, from the perspective of the industry weight of the constituent stocks, according to the classification of Shenwan's secondary industries, semiconductors, medical devices, and batteries are the top three weighted industries in the Science and Technology Innovation 100 Index (000698), with weights accounting for more than 10%, 13.6%, 13.1%, and 10.6% respectively.
Tianfeng Securities pointed out that the superimposed science and technology 100 in the three major fields of semiconductors, pharmaceuticals and new energy has more obvious advantages in terms of growth and profit margin, and the forecast performance growth rate in 2024 will reach 76%, significantly exceeding the level of about 30% of similar science and technology innovation indexes, and it is also much higher than the small and medium-sized growth style represented by the CSI 1000.
Image source: Tianfeng Securities
(The information in this article does not constitute any investment advice, and the content published is from licensed securities institutions and does not represent the views of the platform. ）
For more information, please download the 21 Finance APP