Semiconductor target-price upgrades sharply decrease, nuclear power stocks and materials, parts, and equipment stocks surge together... Gwangju land regulation designated
7At the beginning of the month, securities firms’ reports raising target prices for the semiconductor sector decreased sharply. Nuclear power-related stocks rose on power-securing issues, and materials, parts, and equipment stocks also gained together, while the Ministry of Land designated the area near Gwangju military airport as a land transaction permission zone for years.2years.
Recommendations from securities firms to raise target prices for the semiconductor sector have dropped sharply. This change could immediately affect short-term investor sentiment and the flow of company-specific reports.
Several securities firms have 7since the beginning of the month stopped or slowed the pace of target-price upgrades. The common point is that the frequency of reports has clearly declined.
Stocks related to materials, parts, and equipment 7rose in unison at the start of the month. It is said that expectations for equipment and parts supply led to buying.
In the industry, 800triggered a broad rally in nuclear power-related stocks amid discussions that securing electricity is essential when building a large fab complex of trillion-won scale. The need for power-generation and power infrastructure affected investment flows.
The Ministry of Land, Infrastructure and Transport designated the area, including land near the Gwangju military airfield, among the expected sites for semiconductor clusters, as a land transaction permit zone for 2 years. This designation will take effect from 7 month 14.
This series of developments is a case in which target-price changes, discussions over securing electricity, and land regulation designations unfolded at the same time. Securities firm reports, disclosures related to power infrastructure, and the detailed notice schedule for land transaction permits followed one another.