This week, northbound funds continued the trend of net inflow, the cumulative net purchase reached 48.8 billion yuan, a record high since the opening of land stock connect. among them, the net purchase on Thursday was 21.656 billion yuan, the second highest in the history of single day net inflow, second only to the historical record of 21.723 billion yuan.
This week Baijiu Ma blue chips occupy the most important stocks in the north capital market. Liquor has again become the most favored sector of the north capital this week. Kweichow Moutai Co.Ltd(600519) , Wuliangye Yibin Co.Ltd(000858) and Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) have gained 4 billion 374 million yuan, 1 billion 656 million yuan and 1 billion 215 million yuan respectively. The big financial sector accounted for five of the top ten positions increasing stocks, East Money Information Co.Ltd(300059) , China Merchants Bank Co.Ltd(600036) , Citic Securities Company Limited(600030) , Ping An Insurance (Group) Company Of China Ltd(601318) etc. were greatly increased by northbound funds.
In sharp contrast to the above blue chips, the new energy and cycle sector, as the most powerful track this year, was abandoned by North funds this week, Contemporary Amperex Technology Co.Limited(300750) was reduced by North funds this week, with a market value of 2.068 billion yuan, ranking first, Zhejiang Huayou Cobalt Co.Ltd(603799) , Aluminum Corporation Of China Limited(601600) and other cycle stocks were also greatly reduced.
Echoing the northbound funds, the Shanghai 50 index and Shanghai Shenzhen 300 index dominated by white horse and blue chip showed strong performance this week, rising 4.10% and 3.14% respectively this week.
The respective representatives of “Mao index” and “Ning combination”, Kweichow Moutai Co.Ltd(600519) and Contemporary Amperex Technology Co.Limited(300750) this week’s trend is also directly proportional to the flow of funds to the north. Kweichow Moutai Co.Ltd(600519) this week, the stock price rose by 5.99% and returned to above 2000 yuan; The Contemporary Amperex Technology Co.Limited(300750) fell by 6.85% this week, the biggest weekly decline since September this year.
From the perspective of the flow of funds from the north, there has been a significant bias towards large market blue chips recently, Huaxi Securities Co.Ltd(002926) said that the credit was steadily invested under the support of the policy in November, and is expected to continue to stabilize with the support of the policy, but the continued weak demand in the structure shows the pull of the follow-up observation policy; Benefiting from the low base of corporate bonds and the centralized issuance of government bonds, the growth rate of social finance stabilized and rebounded. Recently, a number of policies to stabilize the bottom of the economy have been implemented, including reducing the reserve requirement by 0.5pct, releasing 1.2 trillion yuan of long-term funds, and reducing the refinancing interest rate to hedge the downward pressure on the economy, which is expected to boost real demand.
Huaxi Securities Co.Ltd(002926) pointed out that under the implementation and support of the recent economic growth policy, the market pessimism has been repaired and the valuation of the banking sector has rebounded slightly. It is recommended to pay attention to the implementation of follow-up policies, pay attention to the investment opportunities of individual stocks, and continue to recommend: China Merchants Bank Co.Ltd(600036) , Ping An Bank Co.Ltd(000001) , Industrial Bank Co.Ltd(601166) , Bank Of Chengdu Co.Ltd(601838) , Bank Of Hangzhou Co.Ltd(600926) , Bank Of Changsha Co.Ltd(601577) , Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) .
In terms of Baijiu, Securities Securities said that Moutai’s governance improvement was initially fulfilled, and the U bottom trend was better. It is expected to increase revenue in 2022. The trend of leading growth of secondary high-end continues. With the help of consumption upgrading and secondary high-end capacity expansion, the main target continues to open the market margin to achieve better growth; Pay attention to the boom stage of real estate liquor under the transmission of structural upgrading and performance rotation, and it is suggested to pay attention to the phased release of profit elasticity of real estate liquor; 2021-2022, or Baijiu SOE reform and equity incentive new cycle, focus on the expected key combination. Focus on Kweichow Moutai Co.Ltd(600519) , Luzhou Laojiao Co.Ltd(000568) , Shede Spirits Co.Ltd(600702) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) , Wuliangye Yibin Co.Ltd(000858) , followed by Jiugui Liquor Co.Ltd(000799) , Sichuan Swellfun Co.Ltd(600779) and local wines such as Anhui Gujing Distillery Company Limited(000596) , Anhui Yingjia Distillery Co.Ltd(603198) , Jiangsu King’S Luck Brewery Joint-Stock Co.Ltd(603369) , Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) .
(Financial Associated Press)
