More than 4.6 million investors have opened accounts, and the "full moon" of the Beijing stock exchange shows the reform effect

investors opened more than 4.6 million accounts, and the average increase of new shares was 1.1 times

the "full moon" of the Beijing stock exchange shows the reform effect

The market turnover increased significantly compared with that before the reform, reaching 47.897 billion yuan; In the first month, 11 new shares rose collectively, with an average increase of more than 110%; The number of QFII accounts exceeded 4.6 million, an increase of about 1.7 times... From November 15 to yesterday, the Beijing Stock Exchange opened the market and operated the "full moon", showing the new atmosphere of reform.

In the first month of opening, the market operation of the Beijing stock exchange was generally stable, and the positive effect of reform was significant. The enthusiasm for market participation is increasing, professional institutions actively enter the market, and investors' willingness to enter the market is increasing. Under the driving effect of the "leader" of the Beijing stock exchange, the trading activity of the innovation layer and foundation layer of the new third board is effectively improved.

turnover of 47.897 billion yuan in the first month

increased activity

In the first month of opening, the transaction activity of the Beijing stock exchange increased, and the price trend was stable as a whole. Data show that from November 15 to December 14, the total turnover of the Beijing stock exchange was 47.897 billion yuan. From the second week, the transaction narrowed gradually as the opening effect subsided, and the change trend was in line with the general law of newly established plates.

According to the statistics of the Beijing stock exchange, the market liquidity of the Beijing stock exchange is improving compared with that of the selected layer, the average daily trading volume is 3.07 times higher than that of the previous selected layer, the average daily turnover rate of stocks is 1.46%, which is 0.74 percentage points higher than that of the original selected layer, which is in line with the liquidity characteristics of small and medium-sized market capitalization stocks.

In addition to the collective listing of 10 new shares on the first day of the opening of the market, Yoshioka precision landed on the Beijing stock exchange on November 24, becoming the 82nd listed company on the Beijing stock exchange. From the performance of individual stocks, 11 new shares rose collectively in the first month, with an average increase of 110.84%. Most of the 71 "old stocks" shifted from the selected layer were corrected from the high level before the opening of the market, but they were still 29.97% higher than before the announcement of the reform news of the Beijing stock exchange. It is worth mentioning that on December 13, Northland's share price hit a 30% limit, becoming the first stock to rise since the opening of the Beijing stock exchange.

In terms of market performance, the daily average amplitude of the Beijing stock exchange decreased from 25.51% on the first day of opening to 5.28%, and the stock price gradually stabilized. Professionals believe that the fluctuation of individual stocks is within the expected reasonable range, the price trend is relatively stable, and the market pricing function is further improved.

According to the statistics of Beijing enterprise listing comprehensive service platform, as of December 14, the total market value of 82 listed enterprises on the Beijing stock exchange was 269.32 billion yuan, and there were 7 stocks with a market value of more than 5 billion yuan. The highest beiteri reached 76.924 billion yuan, and more than 91% of the stock markets on the Beijing stock exchange were less than 5 billion yuan. This shows that the Beijing stock exchange adheres to the market positioning of service innovative small and medium-sized enterprises.

more than 4.6 million accounts

institutional research busy

Investors have high enthusiasm for participation, and professional institutions actively enter. As of December 14, the number of qualified investors in the Beijing stock exchange has exceeded 4.6 million, an increase of about 1.7 times compared with that before the announcement of the reform news. After the full game between the buyer and the seller, the investors have tended to be rational, and the overall trading heat has maintained a reasonable level. In addition to direct participation, other channels such as public funds also received high attention, and the first eight theme funds all realized half day over raising.

Turnover rate is usually regarded as an important indicator of market activity. The turnover rate of the Beijing stock exchange market is reaching a new level. The data show that since the launch of the selected layer on July 27, 2020, the annualized turnover rate of the selected layer stock is 208.72%, with a daily average of 0.86%; Since the announcement of the establishment of the Beijing stock exchange, the annual turnover rate has increased to 343.35%, with a daily average of 1.41%; Since the opening of the Beijing stock exchange, the annual turnover rate has been 497.93%, with a daily average of 2.68%.

Horizontally, since the opening of the Beijing stock exchange, the annual turnover rate is second only to the current level of science and Innovation Board (670%) and gem (630%). Since December, the average daily turnover rate of the Beijing stock exchange market has been 1.11%, and the annualized turnover rate has been 270%, which is higher than that of NASDAQ (131%) and HKEx (51%).

After the opening of the North stock exchange, the listed companies of the North stock exchange have received unprecedented attention, and the frequency of institutional research has greatly increased. On November 17, beiteri, with the highest market value of the Beijing stock exchange, received a group survey of 9 public offerings such as e fund and Huaxia Fund. On November 25, Derui lithium received 11 research institutions such as China International Capital Corporation Limited(601995) and Anxin securities. The intensive release of institutional research reports and the upsurge of research heat also drive the expected rise of individual stocks in biomedicine, information technology, new energy, new materials and other fields.

the "leading" effect appears

add vitality to the new third board

On December 10, as one of the first listed companies to land on the Beijing stock exchange, Longzhu technology, a leading enterprise of bamboo products, announced the termination of the plan to transfer to the gem. Longzhu technology said that the Beijing stock exchange has formulated a policy system, institutional system and service system to adapt to the innovation and development of small and medium-sized enterprises, which not only meets the internal needs of the company to always adhere to innovation, but also provides strong support for further promoting the innovation and development of the company.

Relevant statistics show that there are 187 enterprises being tutored by the Beijing stock exchange, and the reserve strength of listed companies is sufficient. As of yesterday, the dynamics of the audit project on the official website of the Beijing stock exchange showed that a total of 50 enterprises were in the inquiry stage, and two enterprises submitted to the CSRC for registration through the municipal Party committee meeting, namely Bowei hydraulic and Hujiang materials.

Beijing stock exchange is the "leader", and the innovation layer and foundation layer of the new third board are the foundation. In the past month since the opening of the market, the "leading" leverage and "back feeding" effect of the Beijing stock exchange is emerging, and the trading activity of the innovation layer and the basic layer has been significantly improved. Since the announcement of the reform news of the Beijing stock exchange, the cumulative increases and decreases of the third board component index, the third board market making index and the innovation component index were 15.13%, 34.79% and 20.19% respectively. After the opening of the Beijing stock exchange, the average daily turnover of the innovation layer and the basic layer increased by 1.83 times compared with that before the announcement of the reform news.

"The innovation layer and foundation layer of the Beijing stock exchange and the new third board show a certain investment rotation effect. On the whole, the Beijing stock exchange and the new third board will continue to create opportunities for investors to share the development dividends of innovative small and medium-sized enterprises." Industry insiders believe that.

(Beijing Daily)

 

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