Jiwei Index rose 0.04% Fenghua Hi-Tech plans to raise 5 billion yuan to invest in MLCC and other projects

The three major A-share indices closed higher today, with the Shanghai Composite Index and the ChiNext Index rising for six consecutive days. The turnover of the two markets reached 1.21 trillion yuan, and the industry sectors showed a general decline. Only the nonferrous metals, steel, coal, and securities sectors turned positive, and more than 3,300 stocks fell. Northbound funds bought a net 3.263 billion yuan today.

The semiconductor sector performed poorly. Jiwei.com selected 118 semiconductor companies from the fields of electronic components, materials, equipment, design, manufacturing, IDM, packaging and testing, and distribution for statistics. Among the 118 semiconductor companies, 24 companies saw an increase in market value, among which Zhonghuan Semiconductor, Jingsheng Electromechanical, and Jingjia Microelectronics were at the top of the list; 94 companies saw a decrease in market value, among which Xinpeng Micro, Xinyuan Micro, and Jucan Optoelectronics were at the top of the list.

Wanhe Securities pointed out that the main theme of the market is still the spring turmoil. According to historical practice, the first quarter of each year is a period of relatively loose liquidity. At the same time, coupled with the policy expectations for the two sessions in March, the market is generally good. In addition, this year is the beginning of the "14th Five-Year Plan", and the market has more positive expectations for policies. The current spring market will continue and can still be paid attention to in the short term. In terms of industries, we can pay attention to securities companies, consumption, pro-cyclical, and new infrastructure.

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In the U.S. stock market, the Dow Jones Industrial Average rose 437.80 points, or 1.44%, to 30,829.4 points. The Nasdaq Composite Index fell slightly by 78.17 points, or 0.61%, to 12,740.79 points. The S&P 500 Index rose slightly by 21.28 points, or 0.57%, to 3,748.14 points.

Among the large Chinese stocks listed in the US, Alibaba fell 5.38%, Baidu fell 4.69%, NetEase rose 2.01%, Pinduoduo fell 5.58%, Weibo rose 0.61%, iQiyi fell 0.16%, TAL Education fell 3.08%, and New Oriental fell 4.39%.

The Philadelphia Semiconductor Index rose 53.96 points, or 1.94%, to 2,837.17. Among the large U.S. technology stocks FAANG, Facebook fell 2.82%, Apple fell 3.32%, Amazon fell 2.49%, Google A fell 0.99%, and Netflix fell 3.90%.

In terms of European stock markets, the UK FTSE 100 index rose 3.47% to 6,842 points, the French CAC40 index rose 1.19% to 5,631 points, and the German DAX index rose 1.76% to 13,892 points.

In the Asia-Pacific region, as of today's close, the Hang Seng Index fell 0.52%, the Nikkei rose 1.60%; and the South Korean Composite Index rose 2.14%.

Stock News/A Shares

Fenghua Hi-Tech - Plans to raise 5 billion yuan through a private placement to invest in MLCC and resistor projects. On January 7, Fenghua Hi-Tech released a plan for the 2021 private placement of A-shares, saying that it plans to raise 5 billion yuan through a private placement of shares to 35 qualified investors, including the company's controlling shareholder Guangsheng Company. After deducting the issuance costs, the net proceeds from this private placement will be used for the "Xianghe Industrial Park High-end Capacitor Base Construction Project" and the "Technical Transformation and Expansion Project of Adding a Monthly Production of 28 Billion Chip Resistors".

GAC Group - December sales were 209,000 units, a year-on-year increase of 12%. On the evening of January 6, GAC Group issued an announcement that its car sales in December 2020 were 209,000 units, a year-on-year increase of 12.37%. Tianyancha shows that GAC Group was established in 1997 with a registered capital of 10.2 billion yuan. Its main businesses include investment with its own funds; technical research and development of vehicle engineering; information technology consulting services; automobile sales; automobile retail, etc. GAC Group has GAC Honda, GAC Toyota, GAC Trumpchi and GAC New Energy.

Allianz Sharp Vision - On the evening of January 6, the results of the first review meeting of the GEM Listing Committee in 2021 showed that Allianz Sharp Vision's initial public offering met the issuance conditions, listing conditions and information disclosure requirements. At the same time, the GEM Listing Committee further raised major inquiries, including adverse changes in major suppliers and customers during the reporting period, falling raw material prices, changes in product structure and other factors, requiring the issuer to explain the reasons and rationality of the gross profit margin being lower than that of comparable companies in the same industry.

Stock News/Other

MediaTek - Currently evaluating supplying Honor. According to China Business News, MediaTek said that the company has cooperated with many OEM manufacturers and is committed to bringing leading technology to global customers and consumers. "At present, Honor is a newly established independent company, and we are evaluating the current situation."

Nvidia — The Competition and Markets Authority, the UK antitrust regulator, announced on Wednesday that it plans to review Nvidia’s acquisition of Arm, according to CNBC. Nvidia announced plans to buy Arm from SoftBank for $40 billion last September. Since then, critics have called on the government and regulators to investigate the deal.

TSMC - plans to build a semiconductor factory in Japan in 2025, possibly in Kitakyushu City. According to the Nikkan Kogyo Shimbun on the 7th, TSMC plans to establish a new advanced semiconductor manufacturing technology R&D center in Tsukuba City, Ibaraki Prefecture, Japan in 2021. It is expected that Tokyo Electron, SCREEN Holdings, Shin-Etsu Chemical, JSR, etc. will also participate in the development base in Tsukuba City.

Jiwei.com has launched the Jiwei Semiconductor Industry Index!

Jiwei Semiconductor Industry Index, referred to as Jiwei Index, is a stock index launched by Jiwei.com to reflect the overview and operating status of the semiconductor industry in the securities market, and to help investors track the development of the semiconductor industry and use investment tools.

Jiwei.com observed and counted the overall performance of China's "core" listed companies in the A-share market over the past period of time, and referred to the company's total assets and revenue scale. It selected 30 companies from the sample library of 118 Jiwei.com semiconductor companies as components of the Jiwei Index.

The sample library covers all aspects of the semiconductor field, including electronic components, materials, equipment, design, manufacturing, IDM, packaging and testing, and distribution.

As of today's closing, the Jiwei Index closed at 4846.45 points, up 2.04 points, or 0.04%.

[Daily Review] As a long-term special column, we will continue to pay attention to the developments of China's "core" listed companies. Readers are welcome to expose and exchange information!