After the rebound last Friday, today's A shares fell again, and the Shanghai Composite Index once again hit a new low in this round of adjustment. So, in the eyes of private equity, how do they view the market? Which sectors may have investment opportunities?
Technical test market on Monday (July 2), the two cities failed to extend the general rebound pattern on Friday, but the low open unilateral decline. The SSE 50 index hit a new low in the current round, but also the main force dragging the index, The GEM rebounded after hitting a new high, but it is still in a rebound trend.
Some private investors believe that there is no need to worry too much about the killing of the main board today. The valuation level determines the limited space for the index to fall. After all, the current P/B ratio of A shares has dropped to about 1.7 times, which is lower than 1600 points in 2008. The level of the left and right, and the mid-2005, the 1.6 times the 2013 low is very close.
However, the 'seven turn over' market can not benefit all sectors, structural differentiation is inevitable, and the pace can be invincible. The current round of decline, the GEM index first bottomed out, rose 4 on Friday %, today's small retreat; all indications are that high-tech high-quality growth stocks represented by software and the Internet are the targets of capital chasing in the second half of the year. Concerned about the WeChat public number of Dao Da, WeChat search for 'Doda' or 'daoda1997 ', presenting market hotspots for you.
Hot-spot silicon wafers are the most important materials for semiconductor production. With the rise of AI, 5G, IoT and other industries, the demand for silicon wafers will continue to break out. Currently, downstream customers are in strong demand, and they are spreading from 12-inch capacity to 8 inches, now even 6 inches began to grab, far beyond expectations. The market generally expects that the slow increase in capacity will further expand the supply and demand gap of silicon wafers.
Xu Xiulan, chairman of Global Wafer, the world's third largest semiconductor wafer fab, said recently that semiconductor silicon wafers are in short supply. Global wafer production capacity will be fully filled by 2020. Some customers will start to negotiate orders from 2021 to 2025, and the price will not be low. At the 2020 price point, this means that the global wafer order visibility is up to seven years, making it the best electronics industry in terms of current visibility.
The 6th largest global wafer acquisition, SunEdison, became the world's third-largest supplier of silicon wafers. Global wafers said that 8-inch and 12-inch products will be out of stock in this year and next year. Silicon-doped wafers are out of stock, 8 inches, 12-inch products will be full capacity by 2020, long talk about 2021~2025. Concerned about the WeChat public number, WeChat search 'Doda' or 'daoda1997' , presenting market hotspots for you.
Plate Nuggets Jingsheng Electromechanical:
The company is a leading company in domestic crystalline silicon growth equipment. The crystal growth equipment products mainly serve the solar photovoltaic industry, semiconductor integrated circuit industry, etc. In recent years, the company has developed new intelligent equipment in the field of photovoltaics and LEDs and new sapphire crystal growth furnaces. Products, and through the extension of the industry chain, is committed to becoming the leading supplier of sapphire materials in China.
Shanghai Xinyang:
On the evening of May 22, 2014, Shanghai Xinyang announced that the company signed a “Cooperative Investment Agreement for Large Silicon Projects” with Xingsen Technology, Shanghai Xinao Technology Co., Ltd. and Dr. Zhang Yujing on the 21st. The 300mm large silicon wafer project of Shengsheng Semiconductor has begun to provide samples to OEMs such as SMIC for certification, and to realize the sales of products such as blanks, accompanying films, test films, etc. The certification of 300mm wafer positive film is progressing smoothly, waiting for customer verification. confirm.