Compared with the first batch of lists, which targeted Trump's vote base in the Midwest, the directions of the second and third batches were significantly different. They targeted high-tech companies with greater economic influence in the United States, with the purpose of putting pressure on the U.S. government.

Benefits are good, and the concepts of semiconductors and large aircraft are shining brightly in A-shares. What is the logic behind it?

Is there any value in participating in this benefit?

1. There are other plans to suppress “Made in China 2025”!

The semiconductor industry is one of the six core industries in Trump's "America First" agenda. They have included my country's exports of semiconductors and other new generation information technologies to the United States into categories subject to additional tariffs.

Not long ago, the US Secretary of Commerce stated that China’s vigorous development of semiconductors threatens the United States’ global leadership.

Judging from the breakdown of U.S. exports to China, semiconductors, aerospace, and soybeans occupy an important position.

Based on the background of "lack of cores and oil", semiconductor chips are China's most important shortcomings in the high-tech field.

Therefore, it is not difficult to see that one of the purposes of Trump's initiative to stir up trouble this time is to intervene in the development of high-end manufacturing such as semiconductors, strangle it in the cradle, and further mention the export ratio.

Thereby making profits for their own wealthy owners in exchange for precious votes.

A deeper understanding is to suppress "Made in China 2025" and interfere with the speed of China's rise.

2. It’s just a fool’s errand, “Chinese chips” are heading against the wind!

From "Made in China" to "Intelligent Made in China", behind it is a passive situation for many years.

In addition to suffering from huge patent restrictions, it also greatly limits the profitability of Chinese companies in the international market.

What is gratifying is that the "engineer dividend" has successfully allowed China to get rid of low-end manufacturing. The number of PCT patent applications has reached the same level as Japan and is quickly catching up with the United States.

"Intelligent Made in China" has a growing voice!

In addition to the "engineer dividend", policy support is unprecedentedly huge, and the semiconductor industry has become a national strategic development project.

"Made in China 2025" clearly states that my country's chip self-sufficiency rate will reach 40% in 2020 and 50% in 2025.

The only conclusion is: Chinese chips are an important weapon of the country.

China has already focused on supporting semiconductors through the National Integrated Circuit Fund (the first phase exceeded 130 billion yuan), covering important companies in the entire industry chain of IC design, wafer manufacturing, packaging and testing, equipment and materials.

Entering 2018, the second phase of fundraising for the National Integrated Circuit has also been launched, with an estimated scale of 200 billion yuan.

With the power of the whole country, "China Chip" is destined to go against the wind!

3. Import substitution, “Chinese chips” have a bright future!

"Black Swan" has entered the game. In addition to counter-sanctions on chip imports, the final solution is still to realize import substitution of domestic "chips" as soon as possible.

Therefore, the chip concept cannot just look at how beautifully A shares have risen today. The key is how to rearrange the golden opportunities behind this "import substitution".