High tech stocks! Can we get involved now? Securities companies: the sector will be divided

category:Finance
 High tech stocks! Can we get involved now? Securities companies: the sector will be divided


Image source: wind

In terms of the number of gainers and losers, about 2300 individual stocks rose. The risk appetite of the whole market recovered from Monday, but the improvement was not obvious. On the board, civil aviation airport, tourism hotel, insurance, medical treatment, medicine, culture, education and leisure, securities companies, cement and building materials, oil and other industries were among the top gainers, while gold, ships, agriculture, animal husbandry, fishing and other industries were slightly reversed.

Its worth noting that the technology stocks swept the previous days decline and ushered in a collective rally again. In the sector, stocks such as electroacoustic, huilun electrics and Guoxing optoelectronics all rose, while Ziguang Guowei rose 9.18% , Beijing Junzheng 8.26% u3002

In addition, the coal and transportation sectors are stronger and favored by funds.

Image source: wind

In terms of capital, data from Dongfang wealth website shows that by the end of the afternoon, half day net inflow of northbound capital exceeded 2.5 billion yuan, including net inflow of Shanghai Stock connect capital ten point six five 100 million yuan, net inflow of Shenzhen Stock connect funds fourteen point seven zero Billion yuan.

Positive news boost market sentiment

Miao Ze, an investment adviser at Galaxy Securities, told zhongzhengjun that technology stocks rose sharply after yesterdays decline, mainly because of the above news. There are several key points: first, we need to work out a new round of national medium and long-term scientific and technological development plan, and strengthen the national strategic scientific and technological strength; second, we need to build a new national system for tackling key core technologies under the conditions of socialist market economy.

Yan Kaiwen, chief analyst of Huaxin securities, told zhongzhengjun that Mondays rise and fall confirmed the pace of short-term A-share weakness to some extent, but the overnight US stock soared under the positive influence of the final stage vaccine test to be conducted by Moderna in July. Investors are worried about the future of the U.S. economy due to the uncertainty of the process of returning to work in the U.S. before, but if there is a clear timetable for the vaccine to go on the market, it will greatly reduce investor panic in the market. This is obvious for A-share at this stage, but if the two markets can not be rapidly enlarged in the afternoon, then we need to be alert to the risk of the index rising again and falling back.

Technology stocks are likely to differentiate

Is technology stocks worth getting involved in at the moment?

Miao Ze believes that, first of all, from the perspective of the market itself, even if there are many favorable incentives on Tuesday, the turnover of the two cities in the morning is still not significantly enlarged, and the incremental capital has not entered the market on a large scale, so the pattern is still the stock game market, and the proportion of the turnover of the mainstream leading technology stocks in the two cities has returned to the high point in March, that is to say, the following technology stocks Marginal incremental capital cannot be greatly enlarged. Secondly, from the perspective of valuation level, at present, the valuation of the whole technology stock is about 100 times, which is at a high level in recent years, with insufficient margin of safety. From the perspective of stock price performance, the volatility is violent and frequent, which shows that the chips of the whole technology stock have been loose and in the state of risk game. However, as there is no better theme in the two cities, the short-term hot money will repeatedly attack technology stocks. If it is short-term players, they can participate in the game, and if it is medium-term and long-term investment, they need to be careful. Third, in the future, the whole science and technology sector will enter a differentiation period, and the logic requirements for the subdivision field will be more strict. The varieties with logic defects will be eliminated, but the stocks with solid logic will continue to go out of new highs.

Bo Shuang, an analyst at Expo finance, said that from the performance of stock prices in the past two days, there are divergent expectations on the ability of Huawei to overcome difficulties quickly. A-share market itself has complex interests in mobile phones, chips and other industrial chains. Behind the markets confidence in the eventual rise of domestic substitution, another huge interest chain of A-share, the concept stock of Apple industrial chain, has been hit again, which also makes the relevant technology concepts become differentiated. Yan Kaiwen told zhongzhengjun that for Chinas new manufacturing industry, localization is an inevitable path, especially for Chinas semiconductor equipment manufacturers, Huawei will turn to more localization needs, which undoubtedly brings unprecedented opportunities and challenges to local semiconductor companies. At the same time, the second phase of the national fund for integrated circuit industry started to make substantial investment, which will vigorously promote the resource integration and professional talent introduction of the local semiconductor industry, and accelerate the development of the industry. Therefore, semiconductor equipment and materials are expected to usher in medium and long-term investment opportunities. Source: Yang Bin, editor in charge of China Securities News_ NF4368

Bo Shuang, an analyst at Expo finance, said that from the performance of stock prices in the past two days, there are divergent expectations on the ability of Huawei to overcome difficulties quickly. A-share market itself has complex interests in mobile phones, chips and other industrial chains. Behind the markets confidence in the eventual rise of domestic substitution, another huge interest chain of A-share, the concept stock of Apple industrial chain, has been hit again, which also makes the relevant technology concepts become differentiated.

Yan Kaiwen told zhongzhengjun that for Chinas new manufacturing industry, localization is an inevitable path, especially for Chinas semiconductor equipment manufacturers, Huawei will turn to more localization needs, which undoubtedly brings unprecedented opportunities and challenges to local semiconductor companies. At the same time, the second phase of the national fund for integrated circuit industry started to make substantial investment, which will vigorously promote the resource integration and professional talent introduction of the local semiconductor industry, and accelerate the development of the industry. Therefore, semiconductor equipment and materials are expected to usher in medium and long-term investment opportunities.