Daily data tracking
Three major indexes: the Shanghai index fell 0.96%, the Shenzhen composite index fell 1.29% and the gem index fell 1.38%
Shenwanyi sector: nonferrous metals, chemical industry and mining rose; Media, food and beverage, household appliances
Concept sector: Lianban, lithium, gold and jewelry concepts rose; Online games, online Red economy, covid-19 pneumonia detection concept callback
Transaction and northbound funds: the transaction between the two cities was about 978.3 billion yuan, an increase over the previous trading day; The net capital outflow from going north is about 7.34 billion yuan
Hot spot tracking: Comments on the 100 day opening market of Beijing stock exchange
As the consolidation and continuation of the reform of the new third board, since the opening of the market, the Beijing stock exchange has resolutely implemented the core requirements of "building the main position of service innovative small and medium-sized enterprises", extremely built the capital market system of chain service innovative small and medium-sized enterprises, and stood at a new starting point for the high-quality development of service innovative small and medium-sized enterprises. At present, the opening time of the Beijing stock exchange is close to 100 days, and the reform of the new third board has made breakthrough progress, and the results are very bright.
Achievement 1: the establishment of the Beijing stock exchange has significantly enhanced the ability of the market to serve the high-quality development of small and medium-sized enterprises.
Guided by the registration system, the system and rules of the Beijing stock exchange cover six lines: issuance and listing, financing and M & A, company supervision, securities trading, member management and investor suitability management, which closely meet the characteristics and needs of innovative small and medium-sized enterprises. Especially in terms of reducing the financing cost of small and medium-sized enterprises, on the basis of financial instruments such as ordinary shares, preferred shares and convertible bonds, authorized issuance, shelf issuance and self operated issuance were introduced to create a loose and applicable financing environment, provide a platform for the development of small and medium-sized enterprises and further release the vitality of the market.
Achievement 2: the establishment of the Beijing stock exchange has formed the market characteristics of connecting up and down and connecting inside and outside, promoted the further improvement of the multi-level market system and stimulated the market vitality.
At present, the capital market has initially formed a multi-level market system of "Shanghai and Shenzhen main board - Science and innovation board, gem, Beijing stock exchange - new third board - regional equity trading center". It has enhanced the market attractiveness, further restored the market function, further strengthened the market toughness, further boosted the market confidence, and stimulated the market vitality. In 2021, the market turnover was 281.5 billion yuan, a year-on-year increase of 1.17 times. Since the opening of the market, the average daily turnover has increased by three times compared with the selected layer before the reform, the average daily turnover rate is 1.8%, and the overall annual turnover rate is 434%; The average annual increase of stocks reached 99%, the average p / E ratio was 47 times, the market activity was improved, the liquidity characteristics were not very consistent with the market, the price toughness was enhanced, and the trading quality was significantly optimized.
Achievement 3: the establishment of the Beijing stock exchange has provided impetus for the development of innovative small and medium-sized enterprises.
Under the background that a total of 783 companies in the whole market of the new third board have been rated as "small giants" of jingtexin and 59 have grown into "single champions", led by the Beijing stock exchange, the aggregation effect of market service innovative small and medium-sized enterprises has initially taken shape. By the end of 2021, there were 82 companies listed on the Beijing stock exchange. Among listed enterprises, strategic emerging industries, advanced manufacturing and modern service industries account for 87%, and most of them are enterprises with outstanding business performance and strong innovation ability. In 2021, the whole market issued 598 times, raising a total of 28.1 billion yuan. Among them, 41 companies raised 7.5 billion yuan through public offering, and 2 listed companies on the Beijing stock exchange have started refinancing to continuously meet the large-scale and efficient financing needs of enterprises; 532 companies completed 557 directional issuance, raising 20.6 billion yuan, with a year-on-year increase of 55%, making up for the small, fast and on-demand financing needs of small and medium-sized enterprises, forming a flexible and diversified financing system.
Outlook: by the end of last year, there were more than 4.76 million investors in the whole market, a year-on-year increase of 1.9 times; More than 100 public funds have been traded in the market, all 8 new theme funds have been raised, social security funds and QFII have entered the market, and the layout of opportunistic investors has accelerated, laying the foundation for the long-term investment and value logic of the market, which is expected to pull the overall stock price closer to a more reasonable range. Among the small and medium-sized companies listed on the Beijing stock exchange, we focus on the "and jingtexin" small giant enterprises with professional skills. These enterprises have large R & D investment, strong innovation ability, rapid improvement of enterprise benefits, long time of deep cultivation in superimposed industries, high technical barriers, high growth and deep moat, and strong certainty.
Risk tip: the stock market has risks, and investment should be cautious
