Gelonghui October 14th｜A-share semiconductor sector hits bottom and rebounds, with Semiconductor Manufacturing International Corporation rising 6.79% in the afternoon, Nations Technologies Inc. approaching the daily limit, Rockchip Electronics previously hitting the daily limit, Shenzhen Goodix Technology, CETC Chips Technology Inc., Cambricon Technologies, and Jiangsu Jiejie Microelectronics all rising by over 7%. Growth style sectors led by semiconductors, after a deep correction, are currently in the process of gradually warming up in industry sentiment. Over 10 semiconductor listed companies including Will Semiconductor, Rockchip Electronics, and more have issued performance forecasts, with generally high revenue growth and impressive net income performance. China Merchants Securities points out that after the overly excited sentiment returns to rationality, the market is expected to continue to seek opportunities in the direction of marginal improvement in third quarterly and annual performance, policy efforts, and industry trend evolution: it is possible to focus on industries and directions such as electronics, communications, etc., which are expected to have marginal improvement momentum in the third quarterly performance. China Great Wall Securities believes that the inventory adjustment in the electronics industry is gradually in place, and demand is gradually recovering. The semiconductor industry's sentiment is warming up, and the wafer fabrication capacity utilization rate continues to rise. Representatives of the entire semiconductor industry chain: Semiconductor ETF (159995) and its linked funds (Class A: 008887, Class C: 008888) Representatives of the upstream semiconductor industry chain: GF CSI All Share Materials ETF (562590) and its linked funds (Class A: 020356, Class C: 020357)