Jiwei Index rose 0.74% MediaTek will use TSMC's 6nm technology to produce 5G mobile phone chips

Jiwei.com News: The three major A-share indexes closed higher today, with the Shanghai Composite Index up 0.47% to 3583.09 points; the Shenzhen Component Index up 1.46% to 15223.36 points; and the ChiNext Index was strong, closing up 3.90% to 3204.93 points. Market trading volume shrank, with a total turnover of 915.6 billion yuan in the two markets. Industry sectors rose and fell, with nonferrous metals, automobiles, and steel sectors leading the gains, insurance and banking sectors leading the losses, and group stocks regaining their upward momentum. Northbound funds made a net purchase of 3.394 billion yuan today.

The semiconductor sector performed generally. 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, 67 companies saw an increase in market value, among which Jingsheng Electromechanical, Torch Electronics, and SiRuiPu were among the top gainers; 51 companies saw a decrease in market value, among which Huatian Technology, Cambrian, and Qingyi Optoelectronics were among the top losers.

As for the future market trend, Everbright Securities believes that the medium- and long-term main upward logic remains unchanged, and it is expected that there is still room for upward movement in the future market. However, it should be noted that the valuations of some blue-chip stocks have been pushed up a lot, and the future market is more likely to be interpreted in the form of sector rotation. Market funds may be more inclined to deploy in the direction of higher cost-effectiveness. In the short term, we can focus on the rebound of undervalued blue chips and oversold technology.

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In the U.S. stock market, the Dow Jones Industrial Average rose slightly by 116.26 points, or 0.38%, to 30,930.52 points. The Nasdaq Composite Index rose by 198.68 points, or 1.53%, to 13,197.18 points. None rose slightly by 30.66 points, or 0.81%, to 3,798.91 points.

Among the large Chinese stocks listed in the US, Alibaba rose 3.37%, Baidu rose 4.84%, NetEase rose 4.78%, Pinduoduo rose 4.71%, Weibo rose 1.12%, iQiyi fell 1.37%, TAL Education rose 4.19%, and New Oriental rose 1.33%.

The Philadelphia Semiconductor Index rose 100.55 points, or 3.36%, to 3093.32 points. Among the large U.S. technology stocks FAANG, Facebook rose 3.87%, Apple rose 0.54%, Amazon rose 0.53%, Google A rose 3.29%, and Netflix rose 0.76%.

In terms of European stock markets, the UK FTSE 100 index fell slightly by 0.11% to 6713 points, the French CAC40 index fell slightly by 0.33% to 5599 points, and the German DAX index fell slightly by 0.24% to 13815 points.

In the Asia-Pacific region, as of today's close, the Hang Seng Index rose 1.08%, the Nikkei fell 0.38%; and the South Korean Composite Index rose 0.71%.

Stock News/A Shares

Jingrui Shares - On the evening of January 19, Jingrui Shares issued an announcement stating that after the company's multi-party consultation and active operation, it successfully purchased an ASMLXT1900Gi photolithography machine. The equipment arrived in Suzhou on January 19 and was successfully moved into the company's high-end photoresist R&D laboratory; in the next step, the company will actively organize relevant resources to complete the installation and commissioning of the equipment as soon as possible, and develop high-end photoresists with a maximum resolution of 28nm. 

Shenzhen Technology - Recently, there was news that BYD Electronics and Shenzhen Technology will manufacture products for Honor, and Shenzhen Technology responded. A person from the Secretary's Office of Shenzhen Technology said that it was inconvenient to respond to Honor's OEM business, as the company already had a mobile phone manufacturing business, which has always been part of the OEM business. The OEM business also includes electric fusion, projectors, medical respirators, etc.

Jizhi Technology - On the evening of January 20, Jizhi Technology announced that it expects its net profit in 2020 to increase by 75%-120% year-on-year, with a profit of 113.1524 million yuan to 142.2487 million yuan. Tianyancha shows that Jizhi Technology's main businesses include the research and development, manufacturing, wholesale and retail of optical films, polymer composite materials, functional membrane materials, and chemical products (excluding hazardous chemicals).

Stock News/Other

ASML - ASML released its 2020 total financial report, with net sales reaching 14 billion euros. At 7:00 a.m. on January 20, Central European Time, ASML held a conference call for the fourth quarter and full-year financial report for 2020. ASML President and CEO Peter Wennink revealed at the meeting that ASML's fourth-quarter sales were 4.3 billion euros and its full-year net sales in 2020 totaled 14 billion euros.

MediaTek - Taiwan's MediaTek said on Wednesday it will use TSMC's 6-nanometer chip manufacturing technology to produce its latest chips for high-end 5G smartphones. MediaTek's previous chips used a 7-nanometer process, and the use of newer manufacturing technology and advances in chip design will make its computing tasks 22% faster and use 25% less power.

Apple - According to foreign media Appleinsider, Apple's first self-driving electric car may be produced by South Korea's Kia instead of Hyundai. CNBC reported earlier that Apple is negotiating with Hyundai Motor to jointly develop Apple Car. However, Korean media eDaily reported that Hyundai Group plans to let its subsidiary Kia take charge of the project. If the latter agrees to take over the project, its factory in Georgia, USA is expected to become the production base for Apple's car project. In addition, earlier reports also mentioned the possibility of Kia building a new factory in the United States.

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 5331.28 points, up 39.13 points, or 0.74%.