Core view
From January 1 to March 8, the net inflow of land stock connect was 4.4 billion yuan.
In terms of industry, the inflow of banks is up to 20.9 billion yuan and the outflow of medicine is up to 11.2 billion yuan. Since 2022, luchutong has net inflow into banking, nonferrous metals and new power industries, and the net outflow is mainly from medicine, food and beverage and computer industries. From January 1, 2022 to March 8, 2022, the net inflow of land stock connect was 4.421 billion yuan; Among them, the top three with large inflow are banks, nonferrous metals and Dianxin, with funds of 20.9 billion yuan, 12.49 billion yuan and 6.518 billion yuan respectively. From the perspective of outflow, medicine, food and beverage and computer are the three industries with more outflow funds of 11.2 billion yuan, 10.6 billion yuan and 9.94 billion yuan respectively.
In terms of net inflow of individual stocks, China Merchants Bank Co.Ltd(600036) , Zijin Mining Group Company Limited(601899) , Sungrow Power Supply Co.Ltd(300274) etc. are the top three net inflows, which is more consistent with the banking, nonferrous metals and Dianxin of the industry. Specifically, the net inflows of China Merchants Bank Co.Ltd(600036) , Zijin Mining Group Company Limited(601899) , Sungrow Power Supply Co.Ltd(300274) reached 7.44 billion yuan, 6.45 billion yuan and 6.06 billion yuan respectively, accounting for 35.6%, 51.6% and 93.0% of the net inflows of the industry. Among the top 10 net inflow enterprises, banking and new power industry occupy 3 and 4 seats respectively.
In terms of individual stocks with net outflow, Contemporary Amperex Technology Co.Limited(300750) , Kweichow Moutai Co.Ltd(600519) , Midea Group Co.Ltd(000333) are the top three stocks with net outflow. Specifically, ① the net outflow of Contemporary Amperex Technology Co.Limited(300750) capital reached 10.02 billion yuan, far exceeding the total amount of net capital inflow into the new power sector; Excluding Contemporary Amperex Technology Co.Limited(300750) , the net inflow of land stock connect funds to the new power sector reached 16.53 billion yuan, mainly in the direction of photovoltaic. ② In the food and beverage industry, Kweichow Moutai Co.Ltd(600519) , Wuliangye Yibin Co.Ltd(000858) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) net outflow reached 6.11 billion yuan, 2.1 billion yuan and 2.09 billion yuan, exceeding the total outflow of food and beverage. ③ In the pharmaceutical sector, the withdrawal funds of enterprises such as Jiangsu Hengrui Medicine Co.Ltd(600276) , Aier Eye Hospital Group Co.Ltd(300015) , Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) and lugutong reached 3.76 billion yuan, 3.17 billion yuan and 2.73 billion yuan, accounting for 86.2% of the net outflow of the whole pharmaceutical industry.
From February 23 to March 8, luchutong made a net profit of 10.2 billion yuan.
In terms of industry, the inflow of nonferrous metals is up to 8.2 billion yuan and the outflow of non silver is up to 6.6 billion yuan. From February 23 of the “Russia Ukraine conflict” to March 8, 2022, the net inflow of funds to nonferrous metals, Dianxin and public utilities was 8.23 billion yuan, 3.5 billion yuan and 2.34 billion yuan respectively, accounting for 65.9%, 53.7% and 63.7% of the funds flowing into these industries since the beginning of the year. The top three net outflows are non bank finance, food and beverage and automobile, with an outflow amount of 6.63 billion yuan, 5.02 billion yuan and 4.81 billion yuan.
In terms of net inflow stocks, Zijin Mining Group Company Limited(601899) , Sungrow Power Supply Co.Ltd(300274) , Longi Green Energy Technology Co.Ltd(601012) are the top three net inflows. Among them, Zijin Mining Group Company Limited(601899) , Sungrow Power Supply Co.Ltd(300274) net capital inflow reached 3.05 billion yuan and 2.7 billion yuan, accounting for 47.2% and 44.6% since the beginning of the year. Among the top 10 net inflow enterprises, Dianxin and nonferrous metals occupy 5 and 2 seats respectively. The main companies are Dianxin’s Sungrow Power Supply Co.Ltd(300274) , Longi Green Energy Technology Co.Ltd(601012) , Tianjin Zhonghuan Semiconductor Co.Ltd(002129) , Nari Technology Co.Ltd(600406) , Ming Yang Smart Energy Group Limited(601615) , accounting for 197% of the total capital inflow of the new power industry. Zijin Mining Group Company Limited(601899) , Ganfeng Lithium Co.Ltd(002460) , accounting for 56.4% of the net inflow of nonferrous metals industry.
In terms of individual stocks with net outflow, Contemporary Amperex Technology Co.Limited(300750) , Ping An Insurance (Group) Company Of China Ltd(601318) , Byd Company Limited(002594) are the top three stocks with net outflow Contemporary Amperex Technology Co.Limited(300750) net outflow reached 5.35 billion yuan, accounting for 53.4% of the company’s total outflow since the beginning of 2022. In the food and beverage industry, Wuliangye Yibin Co.Ltd(000858) , Kweichow Moutai Co.Ltd(600519) net outflow reached 2.61 billion yuan and 1.74 billion yuan, accounting for 124.4% and 28.6% of the total outflow of the company at the beginning of 2022 respectively. The non bank outflow is mainly insurance, Ping An Insurance (Group) Company Of China Ltd(601318) , China Pacific Insurance (Group) Co.Ltd(601601) , with a net outflow of 4.36 billion yuan and 1.02 billion yuan.
Among the top 10 stock market values held by land stock connect, there have been seven net outflows since the beginning of the year, with a total of 27.7 billion yuan.
As of March 8, among the top 10 and 20 enterprises in the stock market held by land stock connect, there were 7 and 11 net capital outflows. From January 3 to March 8, 2022, only China Merchants Bank Co.Ltd(600036) , Longi Green Energy Technology Co.Ltd(601012) , China Yangtze Power Co.Ltd(600900) are net inflows among the companies with the top 10 stock market values held by land stock connect. From February 23 to March 8, Longi Green Energy Technology Co.Ltd(601012) and China Yangtze Power Co.Ltd(600900) are still net inflow, and China Merchants Bank Co.Ltd(600036) is changed from net inflow to net outflow. The other seven enterprises with net outflow are mainly Kweichow Moutai Co.Ltd(600519) , Contemporary Amperex Technology Co.Limited(300750) , Midea Group Co.Ltd(000333) , China Tourism Group Duty Free Corporation Limited(601888) , Inner Mongolia Yili Industrial Group Co.Ltd(600887) , Wuliangye Yibin Co.Ltd(000858) , Ping An Insurance (Group) Company Of China Ltd(601318) .
Risk tips: the conflict between Russia and Ukraine escalated, overseas interest rate hikes exceeded expectations, and the spread of the epidemic exceeded expectations
