In 2021, the positioning of Beijing stock exchange is clear, and a virtuous circle is initially formed. Since the opening of the Beijing stock exchange in 2021, the market structure has been more perfect, the positioning has been clearer, and the operation quality has been significantly improved. By the end of 2021, there were 82 companies listed on the Beijing stock exchange, 1224 companies listed on the innovation layer of the new third board and 5749 companies listed on the basic layer, forming a three-tier pyramid structure. After the opening of the market, the liquidity was significantly improved to a reasonable level, and the number of investors exceeded 4.75 million, about 2.8 times that before the announcement. The participation and attention of investors have also increased rapidly, and investors have also obtained good returns. In 2021, the average increase of 82 companies on the Beijing stock exchange reached 86.98%. Among them, 8 companies including Jilin Carbon Valley, Changhong energy, Gaishi food, beiteri, Tongxin transmission, Tonghui electronics, Fengguang precision and Wuxin tunnel installation increased by more than 200%, and Jilin Carbon Valley, with the highest increase, increased by 730.81%. In addition, the number of reserve companies has increased steadily, with outstanding specialization, special and new attributes, and all aspects are improving, which has initially formed a virtuous circle.
From the history of gem / Kechuang board, the short-term index may be adjusted due to valuation digestion after the market is opened, but what is important is the emergence of representative leading companies such as Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) , Aier Eye Hospital Group Co.Ltd(300015) of gem and National Silicon Industry Group Co.Ltd(688126) , Trina Solar Co.Ltd(688599) of Kechuang board. Through the resumption of the Kechuang 50 index and the gem index, we found that both sectors experienced a shock adjustment period of 2 years or more after the opening of the market, and the gem index entered the rising stage 3 years after the opening of the market. However, the short-term adjustment of the index is not important. What is important is the emergence of representative industry leaders at the individual stock level. For example, 18 / 93 companies increased by more than 100% respectively in the first anniversary of the opening of the gem / science and innovation board. However, if the observation period is extended to the present, the success of the science and innovation board and the gem is related to Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) , Aier Eye Hospital Group Co.Ltd(300015) and National Silicon Industry Group Co.Ltd(688126) Leading companies such as Trina Solar Co.Ltd(688599) have emerged. After the opening of the Beijing stock exchange, the overall adjustment range is small, and a number of specialized and new leaders in subdivided industries have initially emerged.
Specialized and new leaders in some subdivided industries of the Beijing stock exchange have initially emerged. Beiteri lithium: the leader of electric negative electrode materials, with booming production and marketing, driving the company’s steady rise; Changhong energy: alkali + power lithium two wheel drive, continuous performance release, driving the improvement of the company’s valuation. Northland: an advantageous enterprise of gene therapy drugs. The research and development progress of a variety of drugs is in the forefront of the world. Jilin Carbon Valley: the rise in the price of carbon fiber industrial chain products and the release of the company’s production capacity drive the improvement of market value. Tonghui electronics, Chuangyuan instrument and other Chinese independent test instrument industry leaders, driven by the improvement of market awareness and the rapid growth of the company’s performance.
Risk warning: repeated global epidemic, liquidity risk and performance correction of listed companies
