Apple was originally scheduled to release a new generation of mobile phone iPhone14 on September 14th, Beijing time. Not long ago, it decided to advance the date by one week to September 7th, and increase the total stock of the first batch of new machines by 5% to 95 million, which shows its confidence in the sales of iPhone14. In addition, the rumored Apple MR head display device is also planned to be launched in early 223. As a mixed reality device, this product combines VR and AR functions.
From the historical performance, before the iPhone autumn conference, the A-share consumer electronics sector has a higher probability of strengthening. Yesterday (August 22), stimulated by the good news of two heavy mobile phones, the market drama was staged in advance!
the wind consumer electronics index (882446.WI) rose by 1.53%, hitting a new high since the rebound on April 27th, with the daily limit of rambler, Guoguang Electric and hivi Science and Technology. Today, Shenhuafa A quickly pulled up the daily limit when it opened.
Looking back this year, the mobile phone sales data is relatively weak, which shows that everyone has a weak desire to change phones. However, considering that the fourth quarter of each year is the peak season for mobile phone shipment, the consumer electronics sector often has good excess returns. For example, in the fourth quarter of 221, the Wind consumer electronics index rose by 12.96% (CSI 5 rose by 3.6%); In the fourth quarter of 22, the Wind consumer electronics index fell by 7.13% (CSI 5 rose by 2.82%); In the fourth quarter of 219, the Wind consumer electronics index rose by 21.36% (CSI 5 rose by 6.61%).
Chiplet theme, which was popular in the early stage, actually has the figure of consumer electronics. Chiplet is commonly known as "core", also known as "small chip". Several core particles are recombined into a new chip through advanced packaging technology, so that the computing power can be improved without changing the manufacturing process, and the yield of chip manufacturing can be improved. It is an important way to realize domestic substitution of chips, which is expected to break Moore's Law and was widely used in automotive electronics and other fields in the early stage.
In the field of consumer electronics, exciting events keep happening. In August 221, Xiaomi acquired Shendong Technology, an autonomous driving technology company. On August 11 this year, it officially announced the latest progress. With the technical layout strategy of full-stack self-research algorithm, the road test effect is excellent, and it is expected to enter the first camp in 224 and mass production. For another example, the humanoid robot that was hotly debated in the market not long ago has also driven a wave of beautiful market conditions.
The consumer electronics field is full of drama, and the market may be expected to continue into the fourth quarter! So, what theme funds can lurk?
On-site index products, such as E Fund/Fuguo/Cathay Pacific/Ping An/Yin Hua/Jing Shun Great Wall/China Merchants CSI Consumer Electronics Theme ETF, as well as Huaxia CSI Consumer Electronics Theme ETF, such as Dongcai CSI Consumer Electronics A/C off-site. Considering that the consumer electronics sector fluctuates greatly, the on-site ETF is more suitable for short-term games.
CSI Consumer Electronics Theme Index is a collection of 5 consumer electronics-related stocks selected from Shanghai and Shenzhen stock markets. The top ten stocks are: Luxshare, BOE A, Yiwei Lithium Energy, Ziguang Guowei, Goer, Zhaoyi Innovation, SMIC, Weir, Wentai Technology and Shengbang. The CSI Consumer Electronics Theme Index also has 5 constituent stocks, including mobile phone industry chain, wearable devices, smart homes and other sub-sectors. Seven of the top ten heavyweight stocks are the same as the CSI Consumer Electronics Index.
From the perspective of valuation, the price-earnings ratio -TTM of CSI Consumer Electronics Theme Index in recent ten years is about 25 times, and the percentile is in the historical position of 17%; The price-earnings ratio -TTM of the CSIC Consumer Electronics Theme Index in recent ten years is about 28 times, and the percentile is in the historical position of 18%. It can be seen that the two consumer electronics indices are currently under-estimated. Choice data shows that as of August 22, 222, the CSI Consumer Electronics Theme Index rose by 7.41% and the CSI Consumer Electronics Theme Index rose by 6.98% in the last three months, both of which were significantly ahead of the Shanghai and Shenzhen 3 in the same period.
Among the active products, Haifutong Electronic Media (up by 28.17%), Guangfa Electronic Information Media (up by 16.5%), Jing Shun Great Wall Electronic Information Industry (up by 14.86%), Changsheng Electronic Information Industry (up by 14.13%) and China-Europe Electronic Information Industry Shanghai-Hong Kong-Shenzhen (up by 12.88%)