It is the consensus of many bank financial management companies to remain optimistic about the A-share market next year.
China Securities News · China Securities Taurus reporter learned today that based on the judgment of the A-share market in the first quarter of next year, bank financial companies are actively arranging the cross-year market, and the funds are "spoiled" a number of investment main lines: green investment, medicine and consumption upgrading.
According to the data, by the end of June 2021, the total assets of bank financial product allocation had reached 28.68 trillion yuan.
optimistic about new energy, medicine and other sectors
Deng Wenshuo, assistant general manager of Huaxia financial management and investment research department, told China Securities Journal · China Securities Taurus that benefiting from the continuous promotion of A-share system reform and the continuous entry of institutional funds into the market, the investment cost performance of A-share market is high and will continue to show an active structural market.
Deng Wenshuo is optimistic about three main investment lines. First, the main line of green investment, such as wind power, photovoltaic, energy storage, new energy and other sectors; Second, the main line of "improving global competitiveness", including API, innovative drugs, CXO and other fields; Third, the main investment line of "security concept", such as energy security, independent and controllable science and technology, food security and data security.
Undervalued plate is also an important layout direction. Suyin financial management said that the market has high expectations for policy relaxation at the beginning of next year, and the market is expected to start in spring. In terms of style, the rotation of growth, consumption and undervalued value will accelerate, the growing new energy and military industry will continue to maintain a high boom, and consumption is facing valuation switching and increasing attraction.
Ningyin financial management said that the market is about to enter an environment with stable total amount and loose structure. The valuation repair of undervalued plate is expected to become the main line of the early market, and the track growth stocks represented by growth manufacturing plate are expected to relay the market.
actively layout the equity market
As an important member of the large asset management industry, bank finance has not only profound research on the A-share market, but also practical actions.
According to the data, since the fourth quarter of this year, 16 bank financial companies such as CMB financial management, xingyin financial management and Huihua financial management have participated in 243 institutional investor surveys of listed companies, involving 229 listed companies.
Dongguan Yiheda Automation Co.Ltd(301029) , Sieyuan Electric Co.Ltd(002028) , Jiangxi Geto New Materials Corporation Limited(300986) were investigated twice by CMB financial management respectively, Chongqing Zhifei Biological Products Co.Ltd(300122) , Mingxin Automotive Leather Co.Ltd(605068) , Shenzhen H&T Intelligent Control Co.Ltd(002402) received more attention from xingyin financial management. Listed companies such as Goertek Inc(002241) , Shenzhen Transsion Holdings Co.Ltd(688036) , Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , Zhejiang Weixing Industrial Development Co.Ltd(002003) have also been investigated for many times.
According to the data of China wealth management network, as of December 2, a total of 7 bank wealth management companies, including China Merchants Bank wealth management, Everbright wealth management and ningyin wealth management, had issued 16 equity wealth management products.
According to the half year report on Bank Of China Limited(601988) financial management market (first part of 2021) released by the banking financial management registration and custody center, by the end of June 2021, bank financial products had invested 1.17 trillion yuan in equity assets such as equity of unlisted enterprises, accounting for 4.08% of the total assets of 28.68 trillion yuan allocated by financial products. Experts said that there is still much room for improvement in the proportion of equity assets in bank financial management in the future.
(China Securities Journal)
