Indium phosphide wafer prices have increased due to rising demand from the downstream optical communication market; small metal concept stocks hit the daily limit up; last week, institutions conducted intensive research on related listed companies.

According to Choice data, as of the 22nd, a total of 118 listed companies in the Shanghai and Shenzhen markets received institutional research visits last week. By industry, electronics, machinery and equipment, and basic chemicals had the highest frequency of institutional visits. Additionally, industries such as defense and military, non-ferrous metals, and others saw increased attention.

In terms of specific sectors, auto parts, consumer electronics, and general equipment ranked as the top three in institutional interest. Furthermore, industries like chemical products and optical optoelectronics also experienced increased attention.

Regarding individual listed companies, according to Choice data, Guangli Technology, Changlan Technology, Zoli Pharmaceutical, and Fulerjia received the most research visits, each totaling three times. Based on the number of institutional visits, Lanfan Medical, Hailianxun, and Dike Co., Ltd. ranked the top three, with 148, 130, and 119 visits respectively.

Market performance shows that small metal concept stocks were active this week. Yunnan Geology announced on Thursday that, influenced by increased downstream optical communication market demand and rising raw material prices, the price of indium phosphide wafers has recently increased. Currently, the company’s capacity for indium phosphide wafers is 150,000 pieces per year (2-4 inches). The company’s controlling subsidiary, Yunnan Xinyao Semiconductor Materials Co., Ltd., has been supplying downstream customers in bulk and maintains long-term good cooperation and interaction.

In the secondary market, Yunnan Geology hit the daily limit up on Friday.

Baowu Magnesium Industry released a research summary on Friday, stating that semi-solid magnesium alloy injection molding products can improve porosity defects, to some extent enhance the strength of the product body and overall product strength. Meanwhile, production cycles can be shortened by 20%-30%, further meeting market demands for lightweight and environmentally friendly large-sized high-quality magnesium alloy products. The company has established semi-solid casting lines of 300 tons, 1,300 tons, 1,500 tons, and 3,500 tons at Nanjing Precision and Chongqing Boao, supplied by Izhumi and Haitian, mainly producing automotive instrument panel brackets, steering brackets, trunk brackets, drone fuselage parts, and other components.

Hongxing Development released a research summary on Wednesday, indicating that rising sulfur prices will have a positive impact on the company’s profits. The company and its subsidiaries utilize hydrogen sulfide gas by-products from the production of barium salts and strontium salts to produce sulfur. In 2023, the output was 34,000 tons, and in 2024, it is expected to reach 36,000 tons.

(Source: Cailian Press)