TREE NEWS reports: CITIC Securities said in a research note that investors should maintain an offensive approach to find structural opportunities in November, focusing on leading technology manufacturers with earnings growth support. The brokerage cited rapid third-quarter revenue and profit growth at Han’s Laser and 3PEAK as evidence that demand for some equipment and chips has entered an earnings release phase. AI investment is spreading along the supply chain to storage, high-end PCB equipment and data-center power supply, while domestic substitution offers continued growth space for analog chips and industrial automation.
CITIC Securities: Seek structural opportunities with offensive stance in November
AI take
The significance here is less the November call than the earnings evidence CITIC cites: equipment and chip demand is being framed as moving from order expectations into reported profit, which is a different phase for the sector. The read-across matters most for analog chip and industrial automation names tied to domestic substitution, and for storage, PCB equipment and data-center power linked to AI buildout. Whether the cited third-quarter growth broadens beyond the named companies is the open question.
Generated by AI for reference only.
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