Going north, funds poured in sharply this week. How to go in the future?
weekly net purchase of northbound funds reached a record
this week, the A-share market received a net purchase of 48.834 billion yuan from northbound funds, and the weekly net inflow broke the record since the opening of northbound funds. among them, the net inflow of Shanghai Stock connect was 30.067 billion yuan and that of Shenzhen Stock connect was 18.767 billion yuan.
Looking back at the historical market, we can find that a large number of net purchases of northbound funds mostly occurred in the rising period of major stock indexes, with active transaction sentiment and a significant increase in market liquidity. according to the statistics of securities times · databao, since the opening of northbound capital, there have been 29 times that the weekly net purchase amount has exceeded 20 billion yuan. During this period, the Shanghai index rose by an average of 1.24% and the Shenzhen Composite Index rose by an average of 2.01%.
Northbound capital has always been known as "smart capital". Although its turnover accounts for only about 1% of the whole market, it has become one of the important indicators for analyzing the market situation and has attracted extensive attention from investors. The reason is that northbound capital can often grasp the tuyere and arrange the situation in advance. It has a high probability of rising in the future when it makes a large net purchase. The statistics of data treasure show that when the net purchase of northbound funds exceeds 20 billion yuan a week, the probability of rise of the Shanghai index in the next week is 51.85%, with an average rise or fall of 0.55%. When the time is extended to the next month (calculated on the 30th), the probability of the stock index rising is 64.29%, with an average rise of 2.77%.
The large influx of funds going north this week may be related to the recent sharp appreciation of the RMB. on Thursday, the RMB exchange rate hit a three-and-a-half-year high. On that day, funds going north bought a net 21.656 billion yuan, ranking second in history . Northbound funds bought a large number of times when the RMB exchange rate reached a high level. From May 24 to 28 this year, northbound funds bought a net 46.814 billion yuan. That week, the US dollar also hit a new high against the RMB since 2018. The combination of RMB appreciation and RRR reduction led to a significant inflow of funds going north into the A-share market.
blue chip white horse is favored by funds again
Data treasure statistics show that a total of 38 shares were listed on the list of active capital transactions in the north this week. In terms of industries, among the listed stocks, food and beverage, electrical equipment, electronics and non bank financial industries all had a turnover of more than 10 billion yuan, food and beverage received the most net purchases, totaling 8.069 billion yuan, and pharmaceutical and biological sold the most net, totaling 953 million yuan.
After the implementation of RRR reduction, blue chip big white horse stocks have once again become the darling of capital. half of the country's Baijiu and finance accounts for this week's net capital purchase list. In Baijiu shares, Kweichow Moutai Co.Ltd(600519) bought 4 billion 387 million yuan in the net, ranking the top, while Wuliangye Yibin Co.Ltd(000858) , Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) and Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) were also on the list. Among financial stocks, securities companies, banks and insurance are represented respectively, East Money Information Co.Ltd(300059) , China Merchants Bank Co.Ltd(600036) , Ping An Insurance (Group) Company Of China Ltd(601318) rank second, third and fourth respectively. After a period of adjustment this year, the valuations of these blue chips have gradually returned to a reasonable range. The next year's market is coming. Driven by institutional funds, blue chips have a strong performance.
As the hottest outlet this year, the lithium battery sector led by Contemporary Amperex Technology Co.Limited(300750) was abandoned by funds going north this week. Contemporary Amperex Technology Co.Limited(300750) this week, northbound funds sold a net of 1.579 billion yuan, ranking the first in the net sales amount. Previously, northbound funds that had been buying for three months have begun to reduce their positions, and the stock fell 6.85% a week, the largest weekly decline in nearly three months. Zhejiang Huayou Cobalt Co.Ltd(603799) , Ganfeng Lithium Co.Ltd(002460) two lithium battery concept leaders have also been reduced by funds going north.
northward capital long-term warehouse heating faucet
Data treasure statistics show that northbound funds have bought 17 shares for seven consecutive weeks. From the market point of view, the weekly performance of continuously increasing share capital was generally good, with an average increase of 2.87%, and China Tourism Group Duty Free Corporation Limited(601888) , Hangzhou First Applied Material Co.Ltd(603806) , Wuxi Boton Technology Co.Ltd(300031) increased by more than 10%. From the perspective of valuation, the valuation of the shares continuously purchased by northbound capital is low, and the latest rolling P / E ratio of five shares is less than 20 times, including Luenmei Quantum Co.Ltd(600167) , Anhui Guangxin Agrochemical Co.Ltd(603599) , Chongqing Water Group Co.Ltd(601158) , Xinjiang Tianshan Cement Co.Ltd(000877) , Jiangsu Expressway Company Limited(600377) .
Luenmei Quantum Co.Ltd(600167) is a leader in the clean heating industry. The company issued an announcement on the progress of share repurchase, and a total of 22.9689 million shares were repurchased by means of centralized bidding transaction, with a payment amount of 230 million yuan, which will continue to be implemented according to the established repurchase plan. Data treasure statistics show that the repurchase amount of Luenmei Quantum Co.Ltd(600167) this year ranks first in thermoelectric shares, demonstrating the company's confidence in future development. The company signed a strategic cooperation agreement with Shanghai Yangtze River Delta hydrogen energy technology research institute earlier to transform and upgrade to hydrogen energy and continue to increase its weight in the field of clean energy. In addition, Luenmei Quantum Co.Ltd(600167) was recently bought by JPMorgan Chase Bank, a QFII institution. On December 9, it bought 163500 shares, and the market value of its shares increased by 1638200 yuan.
Recently, hydrogen energy has received continuous attention from the market, with hot news emerging one after another. Beijing, Sichuan and other places have issued hydrogen energy development plans, and Shanghai, Chongqing, Henan and other places have successively issued hydrogen energy local subsidy policies. Previously, the high technology department of the national development and Reform Commission organized a series of symposiums on the development of hydrogen energy industry, saying that the top-level design needs to be further strengthened, and the hydrogen energy industry has stood at the tuyere.
the capital to go north doubled and increased 10 shares
According to the statistics of data treasure, in terms of the range of position increase, there were 10 shares with a month on month increase of more than 100% this week. The largest month on month increase was Hunan Xiangjia Animal Husbandry Company Limited(002982) . Northbound capital recently held 809700 shares, with a month on month increase of 316.21%; Followed by China Marine Information Electronics Company Limited(600764) , China Energy Engineering Corporation Limited(601868) , with a month on month increase of 173% and 140.82%.
In terms of market performance, Beishang capital significantly increased its position, and the equity performance was better this week, with an average increase of 6.75%, significantly outperforming the market. Hunan Xiangjia Animal Husbandry Company Limited(002982) , Jiangshan Oupai Door Industry Co.Ltd(603208) , China Marine Information Electronics Company Limited(600764) led the increase, rising 18.53%, 18.46% and 10.33% respectively.
China Marine Information Electronics Company Limited(600764) has been greatly increased by northbound funds for two consecutive weeks, and the number of shares has increased by more than 10 times compared with two weeks ago. The stock has risen continuously for nearly two weeks, with a cumulative rise of 33.12%. In terms of performance, China Marine Information Electronics Company Limited(600764) achieved a net profit attributable to the parent company of 449 million yuan in the first three quarters, a year-on-year increase of 23.63%,
There are Broadex Technologies Co.Ltd(300548) , Huizhou Speed Wireless Technology Co.Ltd(300322) , Petpal Pet Nutrition Technology Co.Ltd(300673) , Eastcompeace Technology Co.Ltd(002017) with a significant reduction in northbound capital holdings. The shareholding ratio has decreased by more than 80% month on month. Among them, the number of shares held by Broadex Technologies Co.Ltd(300548) has decreased by 99.05%. The company recently disclosed that major shareholders have reduced their shares accounting for 1.39% of the total share capital of the company and decided to terminate the reduction plan ahead of schedule.
(data treasure)
