The growth rate of Chinese mainland's semiconductor materials market is higher than that of the world, and the localization process is expected to accelerate
The interface has Lianyun
2024-05-17 14:43Published in Shanghai
On May 17, 2024, the three major stock indexes turned red in the afternoon, and high-dividend sectors such as real estate strengthened. As of 14:27, the semiconductor materials ETF (562590) rose 0.60%, with a premium and active trading in the intraday, and the heavyweight stock North Huachuang fell 0.58%, and China Micro Corporation, Shanghai Silicon Industry, and Tuojing Technology were red.
CITIC Securities believes that with the recovery of consumer electronics demand, AI-driven incremental release, and the upward trend of the semiconductor cycle, the global semiconductor materials market is expected to increase by 11% year-on-year in 2024. Affected by the regional situation, Chinese semiconductor manufacturers have sufficient motivation to incorporate Chinese semiconductor materials into the supply chain, and domestic semiconductor material companies have benefited. In 2023, the size of China's semiconductor materials market will be 14.6 billion yuan, a year-on-year increase of 12%, and the compound growth rate from 2016 to 2023 will be 10%, higher than the global growth rate (5.3%) in the same period.
Source: Compiled by the Product Support Center of CITIC Securities, the statistical period is from 2016 to 2023.
Related products: Semiconductor Materials ETF (562590) and its feeder funds (Class A: 020356, Class C: 020357) closely track the CSI Semiconductor Materials and Equipment Index, in which semiconductor equipment (47.92%) and semiconductor materials (20.99%) account for the top proportions, with a total weight of nearly 70%, fully focusing on the index theme. Year-to-date, the share growth rate of semiconductor materials ETF (562590) has reached 87%, reflecting investors' confidence in the allocation of this sector.
The above content and data have nothing to do with the position of the interface and do not constitute investment advice. Do so at your own risk.
View original image 86K
-
The growth rate of Chinese mainland's semiconductor materials market is higher than that of the world, and the localization process is expected to accelerate
![Congratulations to many customers who have been approved for Australia 600 visas! Australian travel visa/family visit visa must be prepared carefully[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)