This week, the intensity of fund position adjustment in the North has weakened, and the total trading volume has fallen to less than 500 billion yuan for the first time this year.
the transaction amount of funds going north decreased significantly
The A-share market fluctuated upward this week, and the track stocks rebounded to a certain extent. The main line of the market is not very clear. Most funds going north hold a wait-and-see attitude, and the transaction amount decreased significantly. According to the statistics of securities times · databao, the total trading volume of funds going north this week was 434.946 billion yuan, which fell below 500 billion yuan for the first time this year, with a small net outflow of 2.399 billion yuan.
This week, the intensity of fund position adjustment in the North has weakened. In terms of industry, 15 industries were increased with funds from the north and 16 industries were reduced. Among them, the shareholding growth of comprehensive, transportation and beauty care industries ranked first, while the national defense and military industry, architectural decoration and social services decreased significantly month on month.
In terms of the continuity of increasing and decreasing holdings, northbound capital has frequently adjusted its positions this year, especially in the industries that have continuously increased their positions after the festival. There are no industries that have been continuously increased by northbound capital for four weeks. In addition, the environmental protection and architectural decoration industries that increased their positions last week have also been reduced to varying degrees. In addition, the media industry suffered a decline in its shareholding for five consecutive weeks, and the industry index fell 11.4% during the year.
The main line of "steady growth" is still the focus of funds going north after the Spring Festival. This week, transportation, steel, banks and real estate received a small amount of funds going north and increased their positions for two consecutive weeks after the festival. Guotai Junan Securities Co.Ltd(601211) Securities Research Report believes that, on the whole, under the current low market risk appetite and unfulfilled economic fundamentals, the value will still dominate at this stage, and the opportunity to grow, especially track companies, still needs to wait for the recovery of risk appetite.
The transportation sector rose better on Friday. In terms of news, the "several policies on promoting the recovery and development of difficult industries in the service industry" issued by 14 departments including the national development and Reform Commission on Friday put forward five relief and support policies for the civil aviation industry, including suspending the advance payment of value-added tax by air transport enterprises for one year in 2022 and negotiating to cancel the sea freight premium, port fee and other expenses included in the price of aviation kerosene. China's civil aviation industry is still recovering, and the passenger volume and passenger throughput have not yet returned to the pre epidemic level. The policy is expected to help the civil aviation industry tide over the difficult period.
bank shares were significantly increased by going north
Data treasure statistics show that a total of 33 shares were listed on the list of active capital transactions in the north this week. In terms of industry, among the listed stocks, the turnover of food and beverage, electrical equipment and non bank financial industries exceeded 10 billion yuan, and banks received the most net purchases, totaling 1 billion yuan. Medical device leader Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) was the most strongly sold by funds going north, with a net sales of 1.103 billion yuan a week.
Many track stocks were favored by the funds going north this week, with lithium and photovoltaic as the key focus, Byd Company Limited(002594) , Longi Green Energy Technology Co.Ltd(601012) , Sungrow Power Supply Co.Ltd(300274) , Zijin Mining Group Company Limited(601899) receiving a net purchase of more than 500 million yuan. Byd Company Limited(002594) received the highest net purchase amount of 884 million yuan. In January, the company's production and sales of new energy vehicles were booming, with the output of 91700 vehicles, a year-on-year increase of 309.66%, and the sales volume of 93200 vehicles, a year-on-year increase of 361.73%. The company's battery business developed rapidly. In January, the total installed capacity of power battery and energy storage battery was about 4.77gwh, with a year-on-year increase of 171.95%.
At the beginning of the year, the market fluctuated greatly. As a high-quality hedge asset, bank stocks continued to be favored by funds going north this year, China Merchants Bank Co.Ltd(600036) , Industrial Bank Co.Ltd(601166) ranked first in net purchases. This week, bank stocks retreated to a certain extent, and funds from northbound continued to increase their positions. Since the beginning of this year, the shareholding of funds from northbound has increased in five of the six weeks, an increase of 17.01% over the beginning of the year. Many bank stocks have performed well since the beginning of the year, Bank Of Chengdu Co.Ltd(601838) , Industrial Bank Co.Ltd(601166) , Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) and other six stocks have increased by more than 15%.
According to the statistics of data treasure, in terms of the range of position increase, there were 31 shares with a month on month increase of more than 50% this week. The largest month on month increase was Chongqing Baiya Sanitary Products Co.Ltd(003006) . Northbound capital recently held 529200 shares, with a month on month increase of 211.22%; Followed by Zhonghong Pulin Medical Products Co.Ltd(300981) , Xiamen Hongxin Electronics Technology Group Inc(300657) , with a month on month increase of 171.29% and 148.54%.
Shaanxi Heimao Coking Co.Ltd(601015) has doubled the shareholding of northbound capital for two consecutive weeks, and the latest shareholding has increased by 421.19% compared with that before the festival. The company expects to realize the net profit attributable to the parent company of RMB 1.306 billion-1.406 billion in 2021, with a year-on-year increase of 672.5% to 724%. The annual production and sales volume of the company's main products increased significantly, among which the production and sales volume of coke and butanediol increased by about 25% and 50% year-on-year respectively.
In terms of market performance, this week's northward capital increase was dominated by the rise of individual stocks, with an average increase of 1.4%. The rise of Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) , Pony Testing International Group Co.Ltd(300887) , Suzhou Slac Precision Equipment Co.Ltd(300382) was the highest, rising 13.07%, 11.68% and 8.29% respectively. There was a certain degree of retreat of Inly Media Co.Ltd(603598) , Guangdong Shunkong Development Co.Ltd(003039) , Healthcare Co.Ltd(603313) .
19 northbound capital overweight stocks have announced the performance forecast for 2021, of which 15 are expected to increase in advance. From the lower limit of year-on-year increase in net profit, Jiangsu Sopo Chemical Co.Ltd(600746) is expected to increase the most, and the net profit attributable to the parent company is expected to be 2.3-2.5 billion yuan, with a year-on-year increase of 894.34% to 980.81%, mainly due to the improvement of market supply and demand and the high prosperity of China's chemical industry in 2021, The prices of the company's main products acetic acid and derivatives increased significantly year-on-year.
15 shares were significantly reduced by funds going north, with a month on month decrease of more than 50%, mainly individual shares in computer, electronics and architectural decoration. In the reduction of shareholding, Zhongman Petroleum And Natural Gas Group Corp.Ltd(603619) , Jiangxi Fushine Pharmaceutical Co.Ltd(300497) shareholding ratio decreased by more than 80% month on month.
Statement: all information contents of databao do not constitute investment suggestions. The stock market is risky and investment should be cautious.
