According to the data, as of February 28, a total of 16 financial companies had investigated listed companies 232 times, a significant increase over the total of 58 investigations of 10 financial companies in the same period last year.
Industry insiders said that intensive research on listed companies means that financial companies are actively cultivating equity investment ability. Increasing the layout of the equity market can help financial companies tap new product design ideas and highlight the tight encirclement in the fierce market competition.
increased interest in listed banks
In terms of the number of investigations, the number of financial investigations of China Merchants Bank is the largest, 69 in total; Xingyin financial management followed, 51 times in total; In addition, Huihua financial management, Bank of Hangzhou financial management and Bank of Nanjing financial management have been investigated more than 20 times.
In terms of industry, industries such as industrial machinery, electronic components, medical and health care equipment, application software, special chemicals, regional banks, electronic equipment and instruments are most concerned by financial management companies, and the cumulative number of investigations has exceeded 10.
In addition to the fields of electronics and biomedicine, which have always been paid more attention to, the interest of financial management companies in listed banks has increased significantly this year. In the first two months, Jiangsu Zhangjiagang Rural Commercial Bank Co.Ltd(002839) , Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) , Chongqing Rural Commercial Bank Co.Ltd(601077) , Bank Of Hangzhou Co.Ltd(600926) , Wuxi Rural Commercial Bank Co.Ltd(600908) , Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) were investigated by several financial management companies for a total of 11 times. From the survey details, the issues that financial management companies pay more attention to include the annual operation in 2021, the research and judgment of asset quality, the trend of cost income ratio of Pratt & Whitney business, the loan delivery structure in 2022, etc.
In addition, the clothing, clothing and luxury industries have also been favored by some financial management companies and have been investigated for a total of 9 times. Among them, Chow Tai Seng Jewellery Company Limited(002867) , China National Gold Group Gold Jewellery Co.Ltd(600916) , Zhejiang Weixing Industrial Development Co.Ltd(002003) were investigated twice. Xing Yin financial management is especially concerned about this area. Since February, China National Gold Group Gold Jewellery Co.Ltd(600916) , Chow Tai Seng Jewellery Company Limited(002867) , Zhejiang Semir Garment Co.Ltd(002563) and Zhejiang Weixing Industrial Development Co.Ltd(002003) have been investigated.
From the perspective of individual stocks, Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , Luxshare Precision Industry Co.Ltd(002475) , Guangzhou Tinci Materials Technology Co.Ltd(002709) , Foryou Corporation(002906) and other enterprises are the most concerned. Among them, Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) has attracted 9 financial management companies for 13 times Luxshare Precision Industry Co.Ltd(002475) attracted 4 financial management companies to conduct research for 7 times.
equity investment ability is expected to become the key competitiveness
Insiders believe that the research on listed companies will help financial companies better understand their operation and the development of the industry sector, so as to continuously accumulate strength for subsequent equity investment.
The annual report of Bank Of China Limited(601988) financial management market (2021) released by the banking financial management Registration Center shows that by the end of 2021, the scale of the banking financial management market has reached 29 trillion yuan, a year-on-year increase of 12.14%; The remaining balance of equity financial products was 80.9 billion yuan, a year-on-year increase of 1.09%, accounting for 0.28% of the remaining balance of all financial products. In terms of asset allocation, the balance of equity assets invested by financial products was 1.02 trillion yuan, accounting for 3.27% of the total investment assets.
The report also shows that by the end of 2021, there were 215 existing fof financial products for banking institutions and financial companies, with a survival scale of 153.6 billion yuan, a year-on-year increase of 61.34%. The product types are mainly mixed, and the risk level is concentrated in level III (medium) risk. Fof financial products indirectly realize the allocation of equity assets by configuring a “basket” of public funds, and further disperse investment risks.
For wealth management companies, analysts of Puyi standard said that the product positioning based on fixed income and “fixed income +” is an inevitable choice under the current situation of China’s wealth management market. Actively arranging the equity market can explore new product design ideas and provide investors with more diversified products and services, It can help financial management companies to stand out from the tight encirclement in the fierce market competition to a greater extent.
China International Capital Corporation Limited(601995) analyst Wang Ziyu said that equity assets can not only solve the problem of asset shortage, but also help thicken the income of “fixed income +” products, connect with the needs of medium and high-risk customers, and help the scale of financial management achieve sustainable growth. Head financial institutions are accelerating the layout of equity asset investment, and the number of equity related investment and research personnel is 20-30. It is expected that financial institutions with more comprehensive product pedigree and more balanced investment and research strength will obtain greater incremental market share.
