Since this week (1.24-1.27), A-Shares have continued to adjust. Today, more than 4000 shares fell, and the market sentiment was poor. However, after excluding secondary new shares and subject stocks, there are still a number of individual share capital with a positive cumulative rise and fall so far, which is more resistant to decline. According to the data of China stock market news choice, these anti falling stocks have been continuously distributed by smart money such as northbound funds and main funds this year.
northbound funds: high prosperity and steady growth
According to the data of China stock market news choice, according to the estimation of the average transaction price and the number of holdings increased in the range, northbound funds have arranged some anti falling stocks since this year.
Specifically, the No. 1 Ganfeng Lithium Co.Ltd(002460) has bucked the trend and increased by 11% so far this week, and the increased holdings of northbound funds have reached 1.2 billion yuan this year.
The second place is China State Construction Engineering Corporation Limited(601668) , which has increased by 0.75% so far this week. Since this year, the amount of capital holdings increased by the North has also exceeded 1.1 billion yuan.
The increase amount of Bank Of Ningbo Co.Ltd(002142) , Hangzhou Silan Microelectronics Co.Ltd(600460) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , China Railway Group Limited(601390) , Advanced Micro-Fabrication Equipment Inc.China(688012) and other holdings ranged from 900 million yuan to 600 million yuan.
From the perspective of industry distribution characteristics, except for some lithium and wind power high boom track stocks such as Ganfeng Lithium Co.Ltd(002460) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , Ja Solar Technology Co.Ltd(002459) , Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) ; Northbound funds also favor large market capitalization blue chip varieties such as China State Construction Engineering Corporation Limited(601668) , Bank Of Ningbo Co.Ltd(002142) , China Railway Group Limited(601390) , Petrochina Company Limited(601857) which are highly related to steady growth.
main funds: explosive purchase of photovoltaic and infrastructure
According to the data of China stock market news choice, many anti falling stocks this week have also been bought by the main funds represented by super large single funds since this year.
Specifically, the net purchase of the main funds of lithium battery leader Contemporary Amperex Technology Co.Limited(300750) exceeded 1.1 billion yuan, and the stock rose 0.97% against the trend this week; The two leading silicon chips Ja Solar Technology Co.Ltd(002459) , Tianjin Zhonghuan Semiconductor Co.Ltd(002129) both bucked the trend and rose by more than 4% this week. The main funds bought more than 900 million yuan and 800 million yuan respectively.
China State Construction Engineering Corporation Limited(601668) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , Fuyao Glass Industry Group Co.Ltd(600660) , Yongxing Special Materials Technology Co.Ltd(002756) , Ginlong Technologies Co.Ltd(300763) , Trina Solar Co.Ltd(688599) also rose against the trend this week. Since this year, northbound funds have also bought more than 800 million yuan to 400 million yuan.
From the perspective of industry distribution, the main funds prefer the photovoltaic industry Ja Solar Technology Co.Ltd(002459) , Tianjin Zhonghuan Semiconductor Co.Ltd(002129) , Ginlong Technologies Co.Ltd(300763) , Trina Solar Co.Ltd(688599) and other net purchases of anti falling stocks are in the forefront.
In addition, capital construction stocks China State Construction Engineering Corporation Limited(601668) , Fuyao Glass Industry Group Co.Ltd(600660) , Bank Of Ningbo Co.Ltd(002142) , China Railway Construction Corporation Limited(601186) , China Railway Group Limited(601390) , China Communications Construction Company Limited(601800) , Ningbo Orient Wires & Cables Co.Ltd(603606) , Shandong Hi-Speed Road&Bridge Co.Ltd(000498) with steady growth also showed resistance to decline this week, and the main net purchases have been in the forefront this year.
It is worth noting that Shandong Hi-Speed Road&Bridge Co.Ltd(000498) rose 18% against the trend this week. According to the Research Report on Tianfeng Securities Co.Ltd(601162) January 26, the company released the performance express for 21 years. The annual revenue of the company was 57.2 billion yuan, yoy + 66%, the net profit attributable to the parent was 2.12 billion yuan, yoy + 58%, and the net profit not attributable to the parent was 2.06 billion yuan and yoy + 84%, which greatly exceeded the market expectation.
Tianfeng Securities Co.Ltd(601162) also said that it is optimistic about the prosperity of regional infrastructure and the company’s competitive advantage. It is expected that the performance in the period from 21 to 23 will be RMB 21.2/26.0/33.0 (the previous value was RMB 2.01/25.5/3.24 billion). With reference to other comparable companies in the field of infrastructure, it is expected that pe6.0 will be achieved in the next 22 years 66x, considering that the potential growth rate of the company is expected to be significantly better than the industry level, the expansion of business layout and cost control are expected to continue to be transformed into the improvement of market share and profitability
public offering giants frequently buy
In the face of continuous adjustment, public funds have also made frequent moves!
Incomplete statistics from some media show that since the beginning of this year, more than 20 fund management companies have announced self purchase, with a total amount of more than 490 million yuan. Coupled with the self purchase amount of 540 million yuan by the six giants today, the self purchase amount of fund companies has exceeded 1 billion yuan less than one month after the beginning of this year, showing the confidence of public funds in the future of the stock market.
And Yi Fangda Zhang Kun, Fuguo Zhu Shaoxing and other two value leaders also opened or increased the subscription amount of their funds.
Today, eight fund head companies including Ruiyuan, Nanfang, harvest, Fuguo, GF, e fund, huitianfu and Cathay Pacific also announced self purchase, with self sufficient amount ranging from 50 million to more than 100 million.
Institutional research shows that public funds still have more than 700 billion bullets to fire. Recently, China Galaxy Securities Co.Ltd(601881) Securities Fund Research Center released data that the maximum public offering can buy A-Shares is 71.4 billion.
A Shanghai fund manager said that for long-term funds, the short-term adjustment of the market may be a good opportunity to layout high-quality assets. At present, a number of public offerings have taken out the partial stock funds of “real gold and platinum” self purchase companies. In the future, more companies may follow up and start the self purchase procedure, showing the public fund manager’s confidence in the future.
institutional outlook
For the future, institutions have expressed their views.
Founder Securities Co.Ltd(601901) said that tapping the “three low” blue chip investment opportunities of low, low and undervalued value will be the place where institutional funds look for the few investment “gold mines” in the first half of the bull market. From the opening characteristics and technical characteristics, the market is near the bottom low point. In order to earn both index and money in the future, taking the “three low” as the investment object is both offensive and defensive α Strategy is also available β Investment direction of space.
YueKai securities mentioned that investors should “have a long view of scenery”. Under the theme of “focus on me”, steady growth is still the focus of the market in the near future. Whether it is broad money or credit, the policy underpinning economy is worth looking forward to.
According to the analysis of China Greatwall Securities Co.Ltd(002939) , affected by the expectation of accelerated policy contraction of the Federal Reserve and the panic decline of US stocks, the risk appetite of A-Shares is also relatively low, the market trading volume is low, and the wait-and-see mood before the festival is heavy. In the policy window period of the local two sessions and the national two sessions, it is suggested to continue to grasp the main line of steady growth + undervalued market.
