At the beginning of the year of the tiger, the organization has been investigating 14 listed companies nonstop, with a total of more than 800 times.
At the time of market adjustment, many famous institutions and star fund managers are digging into gold and concentrating on the adjustment of more technology stocks.
started work while still on holiday
On the last day of the Spring Festival holiday, the organization launched a full-scale research action in advance.
According to choice data, on February 6, 10 listed companies accepted institutional research. As of February 8, the data accumulated to 14, and the number of institutional research reached 846.
14 listed companies surveyed by the opening organization of the year of the tiger
In fact, since the beginning of 2022, 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 the Spring Festival, the market was hot before last year, and the heavy weight sectors of Baijiu and other institutions were outstanding. In 2022, the popular circuit was adjusted obviously, and the institutions including the fund needed to dig more companies to find better targets. Meanwhile, some of the previously valued targets had begun to reveal their value after the callbacks, which stimulated the enthusiasm of the research institutions. The surge in research is not surprising. " Some fund company analysts said.
focuses on "green" technology stocks
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 received the most research at the beginning of the year of the tiger as an example. As a leading consumer electronics stock, the company recently welcomed 167 institutions to conduct research. In addition to the participation of Star public funds such as Wells Fargo fund, GF fund, Hua'an fund and Ruiyuan fund, well-known private funds such as freshwater spring investment and rosefinch investment 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.
Screenshot of blue technology's institutional research list on February 6
At the same time, 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 also surveyed by 122 institutions. Many "big factories" of public funds were on the research list, and Gao Yi assets also participated in the research.
From the perspective of the concentration of these technology companies in the year of tiger, they are particularly favored by the listed companies. 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 also investigated Zhongfu Information Inc(300659) .
However, judging from the recent trend, many technology stocks surveyed fell sharply. More than 300 {6012} and 300 {6012} institutions have received more than 300 {6012} and 300 {6013} respectively since 2022, with a decline of more than 300 {6013} and} 6013} respectively.
Golden Eagle Fund believes that in the current market environment dominated by A-share stock funds, the strengthening of the traditional upstream cycle and the main line of "stable growth" also formed a diversion to the science and technology sector from the capital side. Especially during the period of institutional warehouse transfer at the beginning of the year, it further amplified the overall overshoot of the science and technology sector and triggered the stampede of Chinese funds.
However, in terms of industry allocation, Golden Eagle Fund said that under the balanced allocation, it will also pay attention to the technology sector with cost-effective valuation. In the short term, after the adjustment of the technology sector, in the subsequent intensive disclosure period of the quarterly reports, the business direction with high performance and cost-effective performance can still be adjusted.
Chen Ping, manager of HSBC Jinxin technology pioneer fund, believes that in the long run, growth stocks represented by TMT, new energy and medicine represent the future development direction of China's economy, which will not change, and representative high-quality companies will continue to emerge in the process of China's economic transformation and upgrading.
\u3000\u3000 "At present, it is noteworthy that after this round of adjustment, the valuation of some companies and sectors has returned to a relatively low historical level. For growth stock investors, this round of adjustment may also be an opportunity to layout high-quality companies. Next, we will weaken the track and dig up high-quality structural opportunities with relatively reasonable valuation and still high growth." Chen Ping said.
