At the time of market adjustment, many famous institutions and star fund managers have intensified their "gold rush" efforts, focusing on the investigation of larger technology stocks.
institutional research enthusiasm surged
On the last day of the Spring Festival holiday, the organization launched research actions in advance. According to choice data, on February 6, 10 listed companies accepted institutional research. As of February 8, the data had increased to 14, and the number of institutional investigations had reached 846.
In fact, since the beginning of the year, the total number of listed companies surveyed by institutions has reached 629, and the cumulative number of surveys has exceeded 21000, far exceeding the level of the same period last year.
\u3000\u3000 "Before 2021, the market was hot before the Spring Festival, and the heavy weight sectors of Baijiu and other institutions were outstanding, but since 2022, the popular circuit has been adjusted obviously, including the funds, the agencies need to dig harder to find better targets. Meanwhile, some of the previously valued targets have gradually revealed the value of the configuration after the callbacks, which stimulated the enthusiasm of the research and the number of research. The surge is not surprising. " Some fund company analysts said.
technology stocks have attracted much attention
Since the year of the tiger, as of February 8th, there are many technology subjects, including computers, electronics, etc.
Take Lens Technology Co.Ltd(300433) which has been investigated the most frequently as an example. As a leading consumer electronics stock, the company has recently ushered in a cluster of 167 institutions. In addition to star public funds such as Wells Fargo fund, GF fund, Hua'an fund and Ruiyuan fund, well-known private funds such as Danshui spring investment and rosefinch investment have also joined the research. In addition, Han Chuang, the top ten fund manager of active equity funds last year, also appeared in the research team.
Lithium battery concept stocks Farasis Energy (Gan Zhou) Co.Ltd(688567) were surveyed by 140 institutions on February 6, and China's well-known Internet company 360 Security Technology Inc(601360) was surveyed by 122 institutions. Many head public funds are on the research list, and Gao Yi assets also participated in the research.
Technology companies are particularly favored by institutions. In addition to the listed companies mentioned above, Chongyang investment and Hongdao investment investigated Beijing E-Hualu Information Technology Co.Ltd(300212) and Qianhe capital and Panjing investment investigated Zhongfu Information Inc(300659) .
However, from the perspective of market performance, the recent trend of many regulated technology stocks is weak. Since the beginning of the year, the Lens Technology Co.Ltd(300433) and 360 Security Technology Inc(601360) surveyed by hundreds of institutions have decreased by more than 32% and 14% respectively; The Beijing E-Hualu Information Technology Co.Ltd(300212) and Zhongfu Information Inc(300659) concerned by more than 60 institutions fell by more than 20%.
Golden Eagle Fund believes that in the current market environment dominated by A-share stock funds, the strength of traditional upstream cyclical stocks and the main line of "stable growth" has formed a diversion of funds to the science and technology sector. At the beginning of the year, the institutional position adjustment further intensified the adjustment of the science and technology sector. But after this round of adjustment, the direction of business growth with high performance and cost-effective performance can still be actively concerned, and the current adjustment or provision of a better low risk opportunity for the year.
Chen Ping, manager of HSBC Jinxin technology pioneer fund, believes that in the long run, after this round of adjustment, the valuations of some sectors and companies have returned to a relatively low historical level. For investors in growth stocks, this round of adjustment may bring opportunities to layout high-quality companies. "Next, we will dilute the track and tap the structural opportunities of relatively reasonable valuation and still high growth industry sectors from the bottom up." Chen Ping said.
