Recently, with the disclosure of the annual reports of listed companies, the chip distribution of some listed companies has been revealed. The positions of some well-known institutions have attracted market attention. In the market shock since the beginning of the year, the position change of fund institutions has revealed the main investment line of the market.
market chip flow
The recently disclosed annual report of Aofu Environmental Technology Co.Ltd(688021) 2021 shows that in the fourth quarter of last year, HSBC Jinxin intelligent manufacturing pioneer managed by Lu Bin of HSBC Jinxin fund increased its holdings of Aofu Environmental Technology Co.Ltd(688021) 161700 shares, increased its holdings to 2053700 shares at the end of the period, and its market value reached 109 million yuan, ranking the second largest circulating shareholder. Another fund managed by Lu Bin, HSBC Jinxin low carbon pioneer, still holds Aofu Environmental Technology Co.Ltd(688021) 1731700 shares, with a market value of 91 million yuan, ranking the third largest circulating shareholder.
In addition, Shanghai Bright Power Semiconductor Co.Ltd(688368) 2021 annual report shows that in the fourth quarter of last year, Ruiyuan growth value managed by Fu Pengbo of Ruiyuan fund increased its holdings of Shanghai Bright Power Semiconductor Co.Ltd(688368) 123300 shares, increased its holdings to 980600 shares at the end of the period, and its market value reached 314 million yuan, ranking the largest circulating shareholder. Zhonggeng value pilot, managed by Qiu Dongrong of Zhonggeng fund, held Huangshan Novel Co.Ltd(002014) 3552700 shares at the end of the fourth quarter of last year, with a market value of RMB 30 million, ranking the tenth largest circulating shareholder. However, in another fund he managed, Geng value was flexibly allocated and withdrew from the list of the top ten shareholders.
In addition to institutional shareholding, the shareholder information disclosed by some listed companies also reflects the flow of chips. For example, Suwen Electric Energy Technology Co.Ltd(300982) disclosed on the interactive platform that as of January 21, 2022, the number of shareholders of the company was 8335, a significant decrease of 41.22% compared with 14181 shareholders disclosed in the previous period (October 8, 2021). The review found that the number of shareholders of the company has shown a continuous downward trend since the end of June 2021. In addition, Skyworth Digital Co.Ltd(000810) february 25 disclosed in the interactive platform of the exchange that as of February 20, the number of shareholders of the company was 55367, a decrease of 7787 compared with the previous period (February 10), with a month on month decrease of 14.06% Tianqi Lithium Corporation(002466) 2 on February 25, it was disclosed on the interactive platform of the exchange that as of February 20, the number of shareholders of the company was 283275, a decrease of 51494 compared with the previous period (February 10), with a month on month decrease of 18.18%.
“It can be seen that companies with high market attention, good prosperity and good fundamentals have concentrated chips. Behind it may be the accelerated layout of fund institutions, which can be used as a ‘window’ to observe the layout of fund institutions.” Sealand Securities Co.Ltd(000750) people said.
mechanism adjustment direction
Recently, the market continued to fluctuate, and the blue chip and growth style also appeared differentiation. The blue chip index, which was once strong in the early stage, performed relatively poorly last week. The Shanghai and Shenzhen 300 fell 1.67%, and the Shanghai Stock Exchange 50 fell nearly 3%. On the contrary, the Shenzhen Component Index fell only 0.35% last week, and the gem index became the only rising index among the major indexes.
Last week, track stocks continued their previous rebound trend. Among them, power equipment and new energy increased by nearly 4%, ranking first in all industries, and has rebounded by 8.95% in the past two weeks. Under the catalysis of geo risk events and the concept of “counting from the east to the west”, the national defense industry and electronics sectors also performed well, with an increase of more than 2.5%. In addition, non-ferrous metals and basic chemical industry also increased by more than 2% during the week. The sectors with the highest adjustment range last week mainly include construction, building materials, media, non bank, food and beverage, household appliances, etc., basically including traditional blue chip sectors such as real estate, finance and consumption.
Shen Chao, macro strategy analyst of HSBC Jinxin fund, believes that the main reason for the global market adjustment last week was the escalation of geographical conflicts, but it was a short-term impact in the time dimension, with limited impact on the medium-term trend of a shares. Short term mood swings are often difficult to control the long-term trend of the market. Therefore, with the elimination of various uncertainties, the market is expected to gradually usher in repair.
“We are still optimistic about the structural opportunities of a shares, including high-profile and sustainable sectors, such as electric power, new energy, military industry, etc.; digital infrastructure related sectors, such as computers and electronics; CPI upward benefit sectors, such as food and beverage, agriculture, forestry, animal husbandry and fishery, etc.; household appliances, household appliances and large finance sectors with low valuation.” Shen Chao said.
