The semiconductor sector led the rise, and the Shanghai Composite Index regained 3,100 points, focusing on thematic opportunities under the stock capital game

Public Securities Journal

2024-05-27 22:13Published on the official account of Jiangsu Dazhong Securities News

Image source: Visual China

On Monday, A-shares started a rebound mode, and the Shanghai Composite Index rose more than 1% unilaterally, recovering 3,100 points. The semiconductor industry chain is strong, and lithography machine concept stocks are leading the rise; Building materials, real estate, food and beverage and other sectors weakened. On the 27th, the turnover of the two cities was less than 800 billion yuan. Industry insiders believe that in the context of the stock capital game, the A-share sector will rotate rapidly, and we can pay attention to the thematic opportunities with policy catalysts in the near future.

Lithography machine concept stocks led the gains

On the 27th, stimulated by the news of the establishment of the third phase of the National Fund, the semiconductor sector strengthened across the board, among which the lithography machine concept stocks led the rise. In terms of individual stocks, Lanying Equipment, Rongta Photosensitive, and Yangfan New Materials "20 cm" rose by the limit, Nanda Optoelectronics rose by 13.81%, Jingrui Electric Materials rose by 10.65%, and Jacques Technology, Huafeng Measurement and Control, and North Huachuang led the gains. The CSI All-Index Semiconductor Index rose 3.5%, and the Semiconductor Equipment ETF (561980) surged 4.35%.

It is reported that the main investment direction of the first two phases of the national fund was concentrated in the field of equipment and materials, which laid a solid foundation for the initial development of the mainland chip industry. For the main investment direction of the third phase of the big fund, some analysts believe that the specific investment direction and goal of the third phase of the big fund is to accelerate the development process of domestic semiconductors, and the focus may be on the key "neck" links and technological progress of the semiconductor industry chain, so as to promote the overall development of the domestic integrated circuit industry.

In addition to semiconductors, coal, non-ferrous metals, home appliances and other sectors performed well. Among the individual stocks, Jinkong Coal Industry rose more than 7%, and Pingmei Shares, Hengyuan Coal Power, and Shanmei International followed suit; Non-ferrous metal stocks such as Baowu Magnesium, Huayu Mining, and Liyuan Shares rose sharply. Building materials, real estate, food and beverage and other industries are weak. King Kong Photovoltaic, Zhengwei New Materials, Han Jianheshan and other top decliners. In food and beverage, the western animal husbandry fell by 12.73%, and McQuor and Chunxue Food have adjusted.

Overall, stocks rose more and fell less on the 27th. At the close, the Shanghai Composite Index rose 1.14% to 3,124.04 points, the Shenzhen Component Index rose 0.88% to 9,507.75 points, the ChiNext Index rose 0.68% to 1,830.96 points, and the STAR 50 Index rose 1.57% to 738.65 points. On the 27th, the turnover of the two cities was 774.8 billion yuan, an increase of 10.9 billion yuan from the previous trading day.

Focus on thematic opportunities

"In early trading on Monday, the size index was significantly differentiated, and the resonance rose in the afternoon, which is a good phenomenon, indicating that after the heavyweight stocks set up the stage, the trend of theme stocks tends to be active. However, the linkage and diffusion of plates have not improved significantly, and the seesaw effect of funds is still obvious. Many of the stocks that fell on the 27th were varieties that rose sharply in the early stage, and high-risk preference funds were switched more frequently. Wang Yuqian, an investment consultant at Yuanda, analyzed A-shares after trading on the 27th.

Wang Yuqian further analyzed: "The Shanghai Composite Index came out of the anti-package pattern on the 27th and closed back above 3,100 points, but there is still a 5-day line suppressed above, and the trading volume has not been significantly amplified, and the short-term is more of a technical rebound." GEM refers to getting out of the doji pattern, and if you want to rebound quickly, you also need further cooperation with patterns and indicators. Strategically, it is recommended to observe more and act cautiously. Under the pattern of market shocks, it is still to deal with swing thinking. ”

Huaxi Securities believes that in the context of the capital stock game, the A-share sector will rotate rapidly, and high dividend varieties are still the direction of subsequent key allocation. It is recommended to focus on blue-chip sectors with abundant cash flow and stable dividends, such as electricity, coal, home appliances, etc.; Taking into account the theme of "new quality productivity" that benefits from policy catalysis.

Guotai Junan Securities said that in the near future, it can pay attention to thematic sectors catalyzed by policies, including the server temperature control sector that is expected to be catalyzed by the news of Huawei's Ascend server release, and the composite copper foil sector in the context of rising copper prices.

Reporter Chen Hui

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