What new materials and chemicals have not eaten are "all-you-can-eat" by the digital economy in the "forced" drift.
In the weak adjustment in the last few trading days of the year, the unpopular polyetheretherketone (PEEK) materials of A-shares rose against the trend, and some companies rose nearly 70% in 6 days. However, the reporter of **Times Brokerage China noticed that the only active equity category that harvested the relevant track** was a digital economy theme**.
The theme of the digital economy has significantly benefited from AI in the first and second quarters, and the hot tracks such as AI have begun to be obvious in the third quarter.
Niche tracks buck the trend.
The contrarian "reward" of PEEK chemical materials in the recent market adjustment of A-shares has made some of the tracks with weak correlation get the benefit of "drifting" in advance.
In the large track of new chemical materials, niche PEEK materials are still some distance away from large-scale application, whether as an A-share listed company or a public offering of heavy stocks, related companies are slightly low-key in the capital market, comparable to carbon fiber material companies 10 years ago.
However, with the emergence of PEEK material listed companies in A-shares, and the best managers have begun to tentatively include PEEK material companies in heavy stocks, the value content of PEEK material companies began to be mined by the market, and in the last 10 trading days at the end of the year, PEEK materials stood out in the A** field. A number of listed companies, including Xinhan New Materials, Zhongxin Fluorine Materials, Zhongyan Shares, Tongyi Shares, etc., have strengthened significantly, among them, Xinhan New Materials' stock price has soared by nearly 70% in the last six trading days, and Zhongxin Fluorine Materials has also risen for three consecutive trading days this week.
A manager in South China told the Times Brokerage China reporter that PEEK material is a special engineering plastic, with the demand for independent domestic substitution, and its advantages are excellent comprehensive properties such as heat resistance, wear resistance, fatigue resistance, and radiation resistance, which can be widely used in five major tracks, including medical orthopedics, automotive lightweight, robots, aerospace and military industry, In the field of semiconductors, the five major tracks downstream of PEEK are all strategic emerging industries with broad space, which means that the growth trend of PEEK material companies has great imagination, but in the early stage, due to cost, capacity and applicability, PEEK materials have not yet been applied on a large scale, similar to the situation of the mature new material industry 10 years ago.
The digital economy is "all-you-can-eat" for the track
Despite the extremely strong stock price performance of PEEK material-related companies, these companies are in fact almost "insulated" from public offering managers, even if they are new materials and chemical themes.
There is no public offering in the list of the top ten circulating shareholders of Zhongxin Fluorine Materials and Zhongyan Co., Ltd., and Xinhan New Materials, which has a large influence and market share in the PEEK material industry, has only two public offerings in the list of its top ten tradable shareholders, and one of the products is an index, which means that the public offering of active equity products does not pay attention to this niche track that seems to be a sunrise trend. This is in great contrast with the extensive and high-density appearance of public managers in the field of new materials such as carbon fiber and superalloys.
Even the only one that appears in the list of the top ten shareholders of PEEK materials is not a more relevant new material ** and chemical **, it seems to be a digital economy theme with the possibility of "drift".
According to the data, as of the end of the third quarter of this year, that is, when PEEK materials had not yet broken out, the digital economy leader under a head public offering had 3.4 million shares of Xinhan New Materials at the bottom, ranking the third largest shareholder of outstanding shares and the only active equity class of the stock. After Xinhan New Materials, this PEEK material company has become the sixth largest stock in the digital economy leader.
This time, the "drift" at the bottom of the mining niche PEEK material track in advance, and accurately grasping the target with the largest elasticity and increase in the PEEK material track, will bring "unexpected" benefits to the digital economy theme ** under the above-mentioned head public offering. **Times Brokerage China reporter noticed that most of the heavy stocks in the recent market adjustment are now generally falling, but because the PEEK material track in the A** field bucked the trend and strengthened, especially Xinhan New Materials became the strongest leader in the PEEK material track, the stock price of PEEK materials soared significantly hedged the weak performance of other **, and made the digital economy theme ** to retain the previous income, making the digital economy ** cumulative yield this year close to 15%.
* Hiding from the popular to the cold is to ensure the income.
It is worth mentioning that the new materials and chemicals have not been eaten have been fully tapped by the theme of the "drifting" digital economy, and their core logic may be the adaptation of the manager in the special market.
It is obvious that the digital economy track in the first half of this year is one of the core hot spots of the A** field, the cumulative rate of return of the track's ** products mainly occurred in the first and second quarters of this year, especially the strong performance of a group of Internet companies represented by Kunlun Wanwei and Wanxing Technology at that time, but from the third quarter, the relevant ** of the digital economy track also means that the theme of the digital economy ** adheres to this track, and there will inevitably be a loss of early income and net value drawdown.
Industry insiders believe that the only strategy to deal with the above-mentioned drawdown risks and maintain the early profits may be "drift", which is about to sell the digital economy that has become a popular track, and allocate it to the niche unpopular track that has not yet performed and adjusted more, and in the niche unpopular track, PEEK materials in line with strategic emerging industries have become a surprise for relevant managers because of their "far-fetched" connection with digital economy companies, especially the characteristics of micro-cap stocks that PEEK companies generally have.
The above-mentioned digital economy manager said that the digital economy focuses on investment in the theme direction of digital economy, and adheres to the simultaneous development of digital industrialization and industrial digital investment. In the direction of digital industrialization, it focuses on the underlying infrastructure of semiconductors, software and hardware, Internet, new materials and other sectorsIn the direction of industrial digitalization, it focuses on the empowerment of digitalization in the pan-manufacturing industry, covering not only digital products in the pan-manufacturing industry, but also digital governance within the enterprise, with core scenarios including intelligent manufacturing, smart cars, smart energy, etc.
He also highlighted the risks of strong stocks in the hot track, which may further explain the manager's strategy of being forced to "drift". The performance of growth stocks in the third quarter was under pressure, and some of the strong themes in the early stage were also affected by short-term performance, so some emerging directions with more prominent performance in the early stage were taken profits, and at the same time, the performance trend was vague to stop loss, and the high-end new materials and other sub-sectors were improved.