Ua lilo hou ka ʻāpana chip a me semiconductor i mea ʻono o ka mākeke. I ka pau ʻana o ka mākeke ma Iune 23, ua piʻi ka Shenwan Secondary Semiconductor Index ma mua o 5.16% i ka lā hoʻokahi. Ma hope o ka piʻi ʻana o 7.98% i ka lā hoʻokahi ma Iune 17, ua huki hou ʻia ʻo Changyang. Ke manaʻoʻiʻo nei nā ʻoihana aupuni a me nā hui pilikino e hiki ke hoʻomau ʻia ka boom i nā semiconductor, a he nui ka lumi no ka hoʻomohala lōʻihi.
Ua piʻi aʻe ka ʻāpana semiconductor i kēia manawa
I ka nānā pono ʻana, ma ka Shenwan Secondary Semiconductor Index, ua piʻi aʻe nā ʻāpana ʻelua o Ashi Chuang a me Guokewei i 20% i ka lā hoʻokahi. Ma waena o nā kumu kūʻai 47 o ka papa kuhikuhi, ua piʻi aʻe nā kumukūʻai 16 ma mua o 5% i ka lā hoʻokahi.
I ka pau ʻana o Iune 23, ma waena o 104 Shenwan helu helu lua, ua piʻi ka semiconductors e 17.04% i kēia mahina, ʻelua wale nō i nā kaʻa, ke kūlana lua.
I ka manawa like, ua piʻi aʻe ka waiwai nui o nā ETF pili semiconductor me nā "chips" a me "semiconductors" ma ko lākou mau inoa. I ka manawa like, ua piʻi nui ka waiwai o nā huahana kālā ikaika i ka ʻoihana semiconductor.
Mai ka hiʻohiʻona o nā manaʻo hoʻomohala o ka chip a me nā ʻoihana semiconductor, hōʻike maʻamau nā hui kaulike lehulehu e manaʻo maikaʻi lākou e pili ana i nā manaʻo hoʻomohala lōʻihi. Ua ʻōlelo ʻo China Southern Fund Shi Bo ke hoʻomau nei ʻo ia i ka manaʻolana e pili ana i ke kaʻina hana localization o ka ʻoihana semiconductor. Hoʻopili ʻia e ka "core shortage" o ka honua a me nā mea ʻē aʻe, he mea nui ka localization o ke kaulahao semiconductor. Inā paha he mau mea lako semiconductor kuʻuna, a i ʻole ka hoʻomohala ʻana o ke kolu o nā hanauna semiconductor a me nā ʻenehana kaʻina hana hou, hōʻike ia i ka manaʻo paʻa o Kina e hoʻomau i ka mahiʻai i ka māla semiconductor.
Wahi a Pan Yongchang o Nord Fund, ʻo ka hana hou a me ka pōmaikaʻi o ka ʻoihana ʻenehana ke kani nei, a ʻoi aku ka ikaika o ka manawa ulu a me ka wā lōʻihi. No ka laʻana, ikaika ka noi pōkole ma ka semiconductor a paʻa ka lako. ʻO ka loiloi o ka pōkole pōkole ma waena o ka hoʻolako a me ka noi e pili ana i ka loina waena a me ka lōʻihi, hiki ke alakaʻi i ka pōmaikaʻi o ka māhele semiconductor e hoʻomau i ka piʻi.
Manaʻo ʻia ka piʻi ʻana o ka ʻoihana
Mai ka hiʻohiʻona o ka hāʻawi ʻana a me ka koi ʻana, ua ʻōlelo ka nui o nā mea hoʻopukapuka i nīnau ʻia e hoʻomau ka piʻi ʻana i luna i ka ʻoihana semiconductor he hanana kūlana kiʻekiʻe. Ua ʻōlelo ʻo ʻoe Guoliang, ka luna waihona kālā o ka Great Wall Jiujia Innovation Growth Fund, ua hoʻomaikaʻi nā kumu o ka ʻāpana semiconductor i nā makahiki i hala iho nei, ʻoi aku hoʻi i nā makahiki ʻelua i hala iho nei, ʻoi aku ka kiʻekiʻe o ka ulu ʻana o nā ʻoihana pili. Ua hoʻomaka ʻia ka pau ʻole o ka māla chip i ka hapahā ʻehā o ka makahiki i hala, a ua hoʻomaikaʻi hou ʻia ka pōmaikaʻi o ka ʻoihana. Hiki ke ʻike ʻia ke ulu wikiwiki nei ka hana o nā hui helu semiconductor e pili ana, ʻoi aku ka nui o kekahi mau hui semiconductor mana, ma muli o ka hoʻokele ʻana o ka electrification kaʻa a me ka naʻauao, ʻoi aku ka maikaʻi o ka hōʻike o kēia makahiki, ʻoi aku ka nui o nā manaʻo o ka mākeke.
ʻO Kong Xuebing, ka luna hoʻomalu a me ka luna waihona kālā o ka ʻoihana hoʻopukapuka kālā o Jinxin Fund, i hōʻike koke aku nei he mea kūpono loa ia no ka ʻoihana semiconductor e hoʻokō i ka ulu o ka hana ma mua o 20% ma 2021; mai ka hoʻolālā IC i ka hana wafer a hiki i ka hoʻopili ʻana a me ka hoʻāʻo ʻana, ua piʻi ka nui a me ke kumukūʻai ma ka honua holoʻokoʻa. He mea maʻamau ia o ka moekolohe; manaʻo ʻia e paʻa ka mana hana semiconductor honua a hiki i 2022.
Ua ʻōlelo ʻo Ping An Fund Xue Jiying, mai ka manaʻo o ka pōmaikaʻi no ka wā pōkole, "koi hoʻihoʻi + waihona waiwai + lako lako ʻole" ua alakaʻi i kahi lako semiconductor paʻa honua a koi i ka hapa mua o 2021. ʻO ke ʻano o ka "core shortage" he koʻikoʻi. ʻO nā kumu nui e like me kēia: mai ka ʻaoʻao koi Ma ke ʻano o ka noi i lalo, ke hoʻōla wikiwiki nei ka noi o lalo no nā kaʻa a me nā ʻoihana. ʻO nā hana hou e like me 5G a me nā kaʻa ikaika hou i lawe mai i ka ulu hou. Eia kekahi, pili ka maʻi maʻi i ka noi no nā kelepona paʻa a me ka ʻoihana kaʻa, a ʻo nā chips upstream ka mea maʻamau e ʻeli i ka waihona a me ke koi hou ʻana. Ma hope o ka kaupalena ʻia ʻana o ka lako, ua hoʻonui nā ʻoihana terminal i ke kūʻai ʻana i nā chip, a ua hoʻonui nā ʻoihana chip i ka noi no nā wafers. I ka hapa mua o kēia makahiki, ua piʻi ka kūʻē pōkole ma waena o ka lako a me ka noi. Mai ka hiʻohiʻona o ka ʻaoʻao hoʻolako, ua kaupalena ʻia ka hāʻawi ʻana i nā kaʻina hana makua, a he liʻiliʻi ka lako semiconductor holoʻokoʻa. ʻO ka piko o ka pōʻai hope o ka hoʻonui ʻana ʻo ia ka hapa mua o 2017-2018. Ma hope o kēlā, ma lalo o ka mana o nā pilikia o waho, ua emi ka hoʻonui a me ka liʻiliʻi o ka hoʻokomo ʻana i nā lako hana i ka makahiki 2019. , I ka makahiki 2020, e hoʻonui ʻia ka hoʻonui ʻana i nā mea hana (+ 30% makahiki-ma-makahiki), akā haʻahaʻa ka mana hana maoli (pili ʻia e ke ahulau). Ua wānana ʻo Xue Jiying e mau ana ka boom o ka ʻoihana semiconductor a hiki i ka hapa mua o ka makahiki e hiki mai ana. Ma lalo o kēia kūlana, e hoʻonui ʻia nā manawa hoʻopukapuka kālā ma ka ʻāpana. No ka ʻoihana ponoʻī, he ʻano ʻoihana maikaʻi kona. Ma lalo o ke kiʻekiʻe kiʻekiʻe, ʻoi aku ka maikaʻi o ka ʻimi ʻana i nā manawa waiwai kūʻokoʻa. .
Ua ʻōlelo ʻo Invesco Great Wall Fund Manager ʻo Yang Ruiwen: ʻO ka mea mua, he pōʻaiapuni semiconductor boom kēia i ʻike ʻole ʻia, i ʻike ʻia i ka piʻi ʻana o ka nui a me ke kumukūʻai, e mau ana ma mua o ʻelua makahiki; ʻO ka lua, e loaʻa i nā hui hoʻolālā chip me ke kākoʻo hiki ʻole ke hoʻomaka ʻia ka hoʻomaka ʻana o ka hoʻolako ʻana i nā ʻoihana hoʻolālā chip; ʻO ke kolu, e kū ana nā mea hana Kina kūpono i nā manawa mōʻaukala, a ʻo ka hui pū ʻana o ka honua ke kī i ka hōʻemi ʻana i ka hopena waiwai maikaʻi ʻole; ʻO ka hā, ʻo ka hemahema o nā ʻāpana kaʻa ka mea mua loa, a ʻo ka probability nō hoʻi ka mua ʻO nā wahi i hoʻokaʻawale ʻia e hoʻoponopono ai i ka hoʻolako a koi i nā pilikia, akā e lawe hou mai i ka "core shortage" ma nā wahi ʻē aʻe.
Ke manaʻoʻiʻo nei ʻo Shenzhen Yihu Investment Analysis mai ka hiʻohiʻona disk hou, ke hele mālie nei nā waihona ʻenehana mai ka lalo, a ʻoi aku ka wela o ka ʻoihana semiconductor. ʻO ka ʻoihana semiconductor kekahi o nā ʻāpana i hoʻopilikia nui ʻia e ka hoʻonohonoho honua o ke kaulahao ʻoihana. Ma lalo o ke kūlana ahulau, ke hoʻomau nei ke kaulahao honua a me ka hoʻolako ʻana, a ʻaʻole i hoʻopau maikaʻi ʻia ka dilemma "core shortage". I ka pōʻaiapili o ka lako semiconductor a me nā koi imbalances, manaʻo ʻia nā ʻoihana kaulahao semiconductor e mālama i ka pōmaikaʻi kiʻekiʻe, e kālele ana i nā semiconductors ʻekolu o nā hanauna, e pili ana i nā manawa hoʻopukapuka pili i MCU, kaʻa kaʻa IC, a me nā ʻāpana hāmeʻa RF.
Ka manawa hoʻouna: Iune-24-2021