If the performance of companies on the dragon and tiger list is digitized, the performance of A-share companies in Shanghai and Shenzhen can be described as distinct.
According to East Money Information Co.Ltd(300059) choice data, since this year, as of December 25, four companies have been listed on the dragon and tiger list 50 times respectively; In contrast, 1501 companies "found no such person" on the dragon and tiger list.
In this regard, Wang Shisheng, general manager of Shenzhen Fengyuan chuangrui Investment Fund Management Co., Ltd., said in an interview with the reporter of Securities Daily that "this is due to the hot pursuit of hot money". Yang Yong, senior researcher of Yihe Yinfeng Investment Management Co., Ltd., believes that "at present, the market polarization is relatively serious. With the increase of listed companies, the differentiation may continue to expand."
door to door and door to door
According to the data of East Money Information Co.Ltd(300059) choice, as of December 25 this year, 3099 of the 4600 listed companies in Shanghai and Shenzhen A-Shares have been listed on the dragon and tiger list, Guangdong Shunkong Development Co.Ltd(003039) has been listed the most times, up to 64 times; In addition, 1501 companies did not appear on the dragon and tiger list.
Specifically, during the year, there were 4 companies on the Dragon Tiger list more than 50 times, 9 companies on the list 40 to 49 times, 19 companies on the list 30 to 39 times, 74 companies on the list 20 to 29 times, 291 companies on the list 10 to 19 times and 2702 companies less than 10 times.
Among them, enterprises with popular concepts and secondary IPO labels are "regular customers" of the dragon and tiger list.
In an interview with the Securities Daily, Wang Shisheng said that the performance of the dragon and tiger list was caused by hot money chasing. Institutions often consider these stocks with changes, but it is not easy for small and medium-sized investors to step on the beat of hot money. In addition, there are many new shares on the list this year, thanks to the good market.
It is normal to show differentiation on the dragon and tiger list. Yang Yong believes that "institutions and hot money rarely choose companies with small market value and unpopular tracks, and pay more attention to tracks with strong growth in line with the national strategic direction. In the future, with the increase of the number of listed companies, the differentiation may further expand."
the market pays attention to the concept of new energy and secondary new shares
According to the analysis of 32 companies listed more than 30 times, 14 companies are involved in the concepts of "green power" and "new energy". Market participants believe that under the background of "double carbon" strategy, both institutions and hot money pay high attention to the concepts of new energy and carbon emission reduction. Take Guangdong Shunkong Development Co.Ltd(003039) as an example, it made the dragon and tiger list 64 times in the year.
In addition, Hangzhou Cogeneration Group Co.Ltd(605011) , China Southern Power Grid Energy Efficiency&Clean Energy Co.Ltd(003035) , Henan Yuneng Holdings Co.Ltd(001896) , Anhui Xinbo Aluminum Co.Ltd(003038) , Chn Energy Changyuan Electric Power Co.Ltd(000966) , Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) , China Suntien Green Energy Corporation Limited(600956) , Fujian Mindong Electric Power Limited Company(000993) , Cecep Solar Energy Co.Ltd(000591) have become the focus of capital due to their layout in new energy fields such as Cecep Solar Energy Co.Ltd(000591) , wind energy and hydrogen energy.
In addition to the enterprises of popular tracks, secondary new shares also have a bright performance in the dragon and tiger list.
Among the above 4600 companies, there were 488 secondary new shares, of which 421 secondary new shares were on the dragon and tiger list during the year. It can be seen that under the registration system, "speculation" is still a topic of concern in the market, and the methods are becoming more and more diversified. Data show that 13 of the 32 companies listed more than 30 times are new shares.
Among them, in addition to the above Guangdong Shunkong Development Co.Ltd(003039) , Hangzhou Cogeneration Group Co.Ltd(605011) , China Southern Power Grid Energy Efficiency&Clean Energy Co.Ltd(003035) , Anhui Xinbo Aluminum Co.Ltd(003038) , Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) , Cwb Automotive Electronics Co.Ltd(605005) which are closely related to new energy concepts such as "green power", "new energy", Cecep Solar Energy Co.Ltd(000591) "and" hydrogen energy ", the other secondary new shares, such as Jiangsu Chuanzhiboke Education Technology Co.Ltd(003032) , Suzhou Huaya Intelligence Technology Co.Ltd(003043) , Zhejiang Mtcn Technology Co.Ltd(003026) , are also related to topics such as educational concepts, Hongmeng concepts and semiconductor concepts.
A private placement analyst who asked not to be named told the Securities Daily that the hype of new shares is based on the pricing of a listed company in the secondary market, which has not been clearly defined and needs to be defined by funds.
Of course, the rise and fall of secondary new shares are easily driven by funds. Individual stocks fluctuate violently. After a period of continuous rise, they usually fall by a large margin. "The total market value of secondary new shares and low-cost shares is generally low. It doesn't need to spend much money to pull up the share price, so it has become the key object of hot money hunting." The above analysts told reporters.
"There is a certain investment value of secondary new shares, and the income mainly comes from the value difference between the market price and the company's actual price. Because the company has just been listed, the trading time in the market is relatively short, and the market is not very clear about the company, so a relatively fair price is not given in the short term. Many institutions take the opportunity to hype, so the stock price fluctuates greatly 。” Yang Yong told the Securities Daily.
However, it can also be seen from various details that although secondary new shares have attracted more attention, there are also some minor changes that need investors' attention. "The change of the registration system to the market is becoming more and more obvious, especially after the change of rise and fall, the hype of secondary new shares is no longer held high, but various model attempts, and the breaking phenomenon is also increasing. Moreover, whether science and innovation or gem, the capital is undergoing various changes, and the hype of secondary new shares is becoming more and more diversified." The above analysts said.
if you want to "attract the eyes", you must first be yourself
Although popular tracks and secondary new shares have attracted extensive attention from the market, the frequent changes in share prices have also attracted the attention of regulators.
In December, both Shenzhen Stock Exchange and Shanghai Stock Exchange said that they would focus on monitoring a number of companies with stock price changes, and take regulatory measures for some abnormal behaviors that exacerbate abnormal fluctuations, mislead investors' trading decisions and affect the market trading order.
Nevertheless, for enterprises that lack attention, if they want to become the "protagonist" in the hearts of investors, they still have to start with many ways to do a good job.
Companies with less attention in the capital market should change the current situation from multiple fields. "First of all, we should start from ourselves, do a good job in investor relations and brand management, and interact more with the market. For example, we should promote and roadshow intermediaries and investors. Second, we should do a good job in our main business, which is the gold will always shine. Listed companies rely on performance to promote development and attract the attention of the market." According to Yang Yong's analysis of the reporter of Securities Daily, the biggest difficulty for these companies to activate market attention lies in their own operating conditions and whether their industry is attractive to investors.
(Securities Daily)
