The A-share market has broken a new record! As of the closing on December 29, the annual turnover of A-Shares had exceeded 255 trillion yuan, exceeding 2015, which had the highest turnover in the previous year. Among them, Kweichow Moutai Co.Ltd(600519) (600519) has the highest transaction amount, about 1.97 trillion yuan. The transaction amount of individual shares such as Longi Green Energy Technology Co.Ltd(601012) , Byd Company Limited(002594) , East Money Information Co.Ltd(300059) , Contemporary Amperex Technology Co.Limited(300750) ranks first. In addition, this year also created the longest trading volume, breaking the trillion record, and the number of new shares listed has increased compared with last year. The new shares listed this year have contributed a total trading volume of 10.43 trillion yuan.
The annual turnover of reached a new high
On December 29, the annual turnover of A-Shares exceeded that of 2015, reaching a record high. As of the closing on December 29, the transaction amount of A-Shares in 2021 was about 255 trillion yuan.
According to the data, 2015 was the year with the highest turnover of the previous year. From 2015 to 2020, the annual turnover of A-Shares was about 253.3 trillion yuan, 126.5 trillion yuan, 111.8 trillion yuan, 89.7 trillion yuan, 126.9 trillion yuan and 206.05 trillion yuan respectively.
Kweichow Moutai Co.Ltd(600519) is the stock with the highest turnover in 2021. As of the closing on December 29, the turnover of Kweichow Moutai Co.Ltd(600519) in 2021 was about 1.97 trillion yuan, and that of Kweichow Moutai Co.Ltd(600519) in 2020 was about 1.26 trillion yuan, an increase over the same period of last year.
As of the closing on December 29, Kweichow Moutai Co.Ltd(600519) was firmly ranked as the “first brother in market value”. East Money Information Co.Ltd(300059) shows that the total market value of Kweichow Moutai Co.Ltd(600519) is 2.56 trillion yuan, followed by Industrial And Commercial Bank Of China Limited(601398) , China Construction Bank Corporation(601939) , Contemporary Amperex Technology Co.Limited(300750) , China Merchants Bank Co.Ltd(600036) , Agricultural Bank Of China Limited(601288) respectively, with a total market value of more than 1 trillion yuan.
In addition, Longi Green Energy Technology Co.Ltd(601012) , Byd Company Limited(002594) , East Money Information Co.Ltd(300059) , Contemporary Amperex Technology Co.Limited(300750) , Wuliangye Yibin Co.Ltd(000858) 5 individual stocks had a turnover of more than 1.5 trillion yuan in 2021, and Tianqi Lithium Corporation(002466) , Ganfeng Lithium Co.Ltd(002460) , Boe Technology Group Co.Ltd(000725) and other individual stocks had a turnover of more than 1 trillion yuan in 2021.
It is worth mentioning that in 2021, the A-share market also created the longest trading volume, breaking the trillion record, with a maximum of 49 days. Since this year, 148 trading days have broken trillion yuan, and the number of days with transactions exceeding trillion yuan has exceeded 60% of the total trading days in the year.
Li Daxiao, chief economist of Yingda securities, said that this marks a new stage for China’s securities market and reflects the unprecedented prosperity of the market scale, number of participants and trading activity of the A-share market. However, due to the overestimation of local areas and sectors in the current A-share market, investors should carry out balanced and comprehensive asset allocation, making the portfolio more resilient and defensive.
According to Zhou Yunnan, founder of Beijing Nanshan investment, there are the following reasons for the record annual turnover of a shares. First, the number of market traders has increased. According to zhongdeng data, the number of investors has reached 196 million by the end of November 2021; Second, transaction funds have increased, and real estate speculation funds and residents’ financial funds have accelerated into the market; Third, diversified trading methods, especially quantitative trading, played an important role in the high turnover of the year; Fourth, the enhancement of trading confidence, confidence in China’s economic toughness and confidence in the continuous deepening reform of the capital market have directly improved the willingness and confidence of investors to participate in securities investment and trading.
In addition, Zhou Yunnan said that the formulation of relevant systems and policies for the full implementation of the registration system may be implemented in 2022, so 2022 will be a shock City, and the overall trend is to suppress first and then increase.
new shares contributed 10.43 trillion
Industry insiders believe that one of the most important reasons for the record annual turnover of A-Shares is the increase in the number of new shares listed on A-Shares this year and the further expansion of the A-share market. According to the data, as of December 29, 520 new shares were listed during the year, contributing more than 10.43 trillion yuan in annual turnover.
According to the data, as of December 29, the number of new shares listed during the year was 520, and the number of new shares listed in 2020 was 437, a significant increase compared with 2020. On December 30, Chunli medical, Pingao and Tianyuan environmental protection will land in a shares. From the perspective of the listed sector, the largest number of individual stocks listed on the gem is 198; There are 160 new shares on the science and innovation board; In addition, 121 new shares are listed on the main board. In 2021, the Beijing stock exchange was also established, with 41 stocks.
According to statistics, the annual turnover of new shares listed this year is more than 10.43 trillion yuan, of which China Three Gorges Renewables (Group) Co.Ltd(600905) has the highest turnover of 675.91 billion yuan. In addition to China Three Gorges Renewables (Group) Co.Ltd(600905) , Yunnan Botanee Bio-Technology Group Co.Ltd(300957) , China Southern Power Grid Energy Efficiency&Clean Energy Co.Ltd(003035) and other six shares had a transaction amount of more than 100 billion yuan. Among the stocks listed this year, as of the closing on December 29, the total market value was about 5.63 trillion yuan. Among them, China Telecom Corporation Limited(601728) , China Three Gorges Renewables (Group) Co.Ltd(600905) and other six stocks have a total market value of more than 100 billion yuan.
Zhou Yunnan said that the growth of trading targets is also one of the reasons for the record annual turnover of a shares. Under the registration system of the science and innovation board, the gem and the Beijing stock exchange, more than 500 new listed enterprises have been added this year, setting a record, and the total market value of A-Shares has exceeded 90 trillion yuan.
Gao Fengyong, chairman of luanhei capital, also said that the expansion of the total market value and the record number of new shares are important reasons for the high transaction amount of A-Shares this year. Among them, there is no limit on the rise and fall of the science and innovation board and gem under the registration system in the first five days, and those entering the two financial targets on the first day have a great impact on the transaction amount.
(Beijing business daily)
