外资机构密集调研中国芯片企业

Group 1 - The A-share chip sector has shown strong performance, with leading stocks like SMIC reaching historical highs, attracting significant interest from foreign institutions [1][2] - Several foreign institutions have conducted extensive research on Chinese chip companies, indicating a growing recognition of investment opportunities in China's "hard technology" sector, particularly in semiconductors and artificial intelligence [1][3] - Notable stock performances include Chipone and Cambricon, which have seen year-to-date increases of 229.6% and 119.15% respectively, while other companies like Rockchip and Montage Technology have also exceeded 70% growth [1] Group 2 - Goldman Sachs has raised its 12-month target price for SMIC's H-shares by 15% to HKD 73.1, while maintaining profit forecasts for 2025 to 2027, and increasing revenue and earnings per share estimates for 2028 and 2029 [2] - International capital is increasingly allocating funds to Chinese assets, particularly in the technology sector, reflecting confidence in policy improvements and valuation recovery [2][3] - The KraneShares China Internet ETF has seen its assets grow from USD 8.32 billion at the end of August to USD 9.407 billion by mid-September, indicating strong investor interest in major tech stocks like Tencent and Alibaba [2] Group 3 - Foreign institutions believe that China's "hard technology" industry is entering a golden development period, with significant investment opportunities emerging [3] - The growth of artificial intelligence is driving demand for upstream computing infrastructure, benefiting related companies and industries [3] - The semiconductor equipment sector is highlighted as a key area of growth, with China being the largest market for semiconductor equipment globally, and leading domestic companies are expected to achieve rapid growth due to reduced development cycles [3]