Jiwei Index rose 1.1%. CATL plans to release sodium batteries around July

The three major A-share indices closed up slightly today, with the ChiNext Index up nearly 1%. The two markets had a total turnover of about 850 billion yuan, with most industry sectors closing up, and the brewing sector soaring.

The semiconductor sector performed well. 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, 99 companies saw an increase in market value, among which Beijing Ingenic, Qingyi Optoelectronics, and National Technology ranked first in growth; 19 companies saw a decrease in market value, among which *ST Datang, Fuman Electronics, and VeriSilicon ranked first in decline.

Regarding the future market trend, Haitong Securities analyzed that, excluding the base effect, the real investment clock is in an overheated period this year, and the bull market pattern of the stock market continues. The high point of the stock index is more related to ROE, and it is expected that the high point of this round of ROE will be at the end of this year or the beginning of next year. From a medium- and long-term perspective, the valuation center of A-shares is rising, similar to the US stock market after 1980. Referring to the stock market's annual fluctuations in the past, if the previous low point is effective, the index is expected to reach a new high this year. Intelligent manufacturing is expected to become a new main line.

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In the U.S. stock market, the Dow Jones Industrial Average rose slightly by 123.69 points, or 0.36%, to 34,207.84 points. The Nasdaq Composite Index fell slightly by 64.75 points, or 0.48%, to 13,470.99 points. The S&P 500 fell slightly by 3.26 points, or 0.08%, to 4,155.86 points. This week, the Dow fell 0.5%, the S&P 500 fell 0.4%, and the Nasdaq rose 0.3%.

Among the large Chinese stocks listed in the US, Alibaba fell 2.72%, Baidu fell 1.96%, NetEase fell 1.41%, Pinduoduo fell 1.31%, Weibo fell 2.16%, iQiyi fell 0.14%, TAL Education fell 10.43%, and New Oriental fell 5.45%.

The Philadelphia Semiconductor Index fell 0.46% to 3052.1 points. Among the large U.S. technology stocks FAANG, Facebook fell 0.75%, Apple fell 1.48%, Amazon fell 1.37%, Google A fell 0.56%, and Netflix fell 0.75%.

In terms of European stock markets, the UK FTSE 100 index fell slightly by 0.02% to 7018 points. The French CAC40 index rose slightly by 0.68% to 6386 points. The German DAX index rose slightly by 0.44% to 15438 points.

In the Asia-Pacific region, as of today's close, the Nikkei rose 0.17% and the South Korean Composite fell 0.38%.

Stock News/A Shares

CATL - Recently, CATL revealed at its annual shareholders' meeting that it will release a sodium battery around July this year. CATL said that the project is conducting forward-looking technical research through the 21C laboratory it has established, and is currently promoting new technology layouts including all-solid-state, lithium-air, heavy metal-free batteries, and sodium ions.

Leyard - On May 24, Leyard said on the interactive platform that the company's new orders in the first quarter increased by nearly 50% compared with the same period last year. Leyard also pointed out that with the general increase in upstream raw material prices, the company's production costs have risen accordingly. In order to ensure the company's long-term stable development, the company's products have also recently increased in price.

Jingsheng Electromechanical - On May 24, Cao Jianwei, chairman of Jingsheng Electromechanical, said at an event that they have been developing silicon carbide business in recent years. With the rise of new energy vehicles and 5G communications, the demand for silicon carbide materials has been very strong, so we are making plans. Last year, we started to sell some equipment for crystal growth and epitaxy of silicon carbide materials.

Stock News/Other

Applied Materials - Last Friday, local time in the United States, Applied Materials released its latest financial report for fiscal year 2021. The financial report shows that the company's revenue in the second quarter of 2021 was US$5.58 billion, a year-on-year increase of 41% and a month-on-month increase of 8%, with a gross profit margin of 47.7% and operating income of US$1.76 billion. Among them, the semiconductor business revenue was US$3.97 billion, accounting for 72% of the company's total revenue, and the gross profit margin was 39%.

Hyundai Motor - On May 24, Hyundai Motor will suspend production at its Asan plant from May 24 to 26 due to a chip shortage. Consulting firm AlixPartners estimates that the global automotive industry has lost more than 393 billion in the first quarter of this year. The chip crisis is expected to continue until 2022 to 2023.

Samsung Memory - According to a recent report by Nikkei Asia Review, Samsung's operating profit margin in the latest quarter was surpassed by its competitor Micron Technology, with the former at 18% and the latter reaching 20%. The decline in profitability of Samsung's "cornucopia" business may also affect the company's ability to invest in areas such as panels.

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 4384.62 points, up 47.72 points, or 1.1%.