After a stormy week for a shares, bull eye Jun actually has a strong melon eating attitude towards U.S. stocks today. After all, yesterday was the first “four witch days” for US stocks this year.
The name looks terrible, but it also has the smell of “ghost stories” told by Wall Street.
The so-called “four witch days” refers to the quarterly maturity date of financial derivatives for US stocks, which occurs on the third Friday of March, June, September and December each year. On the same day, stock index futures, stock index options, individual stock futures and individual stock options expire at the same time. This period usually leads to a sharp increase in trading volume and sharp fluctuations in the prices of US stocks and derivatives.
As a result… I feel fooled again. It’s clear that the US stock market is doing well!
Daily K-line chart of Dow Jones index
The Dow opened slightly lower and walked higher, and then closed a positive line. It is worth noting that the rebound of the Dow has been the first to achieve four consecutive positive, close to the annual line pressure zone.
Ranking of gains of Zhongyu shares
In terms of zhonggai stocks, which have been worrying this week, it is obvious that they continue to strengthen, led by the sharp rise of 72% of Baishi group seeing here, Niu Yanjun breathed a sigh of relief: at least one pressure that may affect A-Shares in the short term has been greatly reduced, which is the first positive at the transaction level
The second good news comes from the macro news: the two heads of state had a video call last night.
Source: Baidu
it is obvious that some of the pressure from external interference that plagued A-Shares in the early stage is expected to be alleviated through this video call, which also brings an opportunity for A-Shares to continue to rebound
As we all know, the main reason for the fierce adjustment of A-Shares since the beginning of March is external interference. Now, after the emergence of these two advantages, Niu Yanjun feels that A-Shares should be able to go into battle with light gear next week.
back to the A-share side, Niu Yanjun found that the buying action of industrial capital has become more and more fierce, which has the posture of “scrambling for financing” with retail investors
Yesterday alone, nearly 10 listed companies issued announcements on repurchase and shareholding increase:
Walvax Biotechnology Co.Ltd(300142) plans to buy back 3 million to 6 million shares of the company;
Sangfor Technologies Inc(300454) plans to spend 100 million to 200 million yuan to buy back shares;
Henan Tong-Da Cable Co.Ltd(002560) plans to spend 1.22 million to 2.44 million yuan to buy back shares;
Chen Ke Ming Food Manufacturing Co.Ltd(002661) directors intend to increase their shareholding of the company by 1 million to 2 million yuan;
Ningxia Building Materials Group Co.Ltd(600449) the controlling shareholder intends to increase the company’s shares by 70 million yuan to 100 million yuan;
Autobio Diagnostics Co.Ltd(603658) plans to repurchase shares of RMB 150 million to RMB 300 million;
Tongkun Group Co.Ltd(601233) plans to repurchase shares of RMB 500 million to RMB 1 billion;
Zhuzhou Kibing Group Co.Ltd(601636) intends to buy back shares of no more than 450 million yuan, and the actual controller intends to increase its holdings of shares of no more than 350 million yuan
For investors, the news of these repurchases and holdings may be more practical. After all, real gold and silver really affect the stock price.
however, what makes Niu Yanjun feel strange is that even after the drastic adjustment of A-Shares and the stock price of individual shares has been relatively low, some major shareholders of listed companies that have just ushered in the lifting of the ban still did not hesitate to throw out a large proportion of the reduction plan, and a few of the reduction proportion even reached double digits, with “clearance” reduction. Are they so short of money
Picture source: Jushri Technologies Inc(300762) announcement
The first company to announce a large-scale reduction plan is Jushri Technologies Inc(300762) . According to the announcement last night, Shanghai Shuangyou, which holds more than 19.4% of the shares, plans to reduce its shares by no more than 1.9419%, or 7622052 shares; Shanghai Liding, which holds more than 10.54% of the shares, plans to reduce its shares by no more than 5.1018%, totaling 2 Shanxi Securities Co.Ltd(002500) 0 shares; CICC Jiaxun, with a shareholding ratio of more than 7.7%, plans to reduce its shares by no more than 6%, totaling 23550540 shares; Microsystems with a shareholding ratio of more than 5.27% intends to reduce its shares by no more than 0.5273%, totaling 2069710 shares.
therefore, the four major shareholders plan to reduce their holdings of nearly 53.27 million shares, accounting for 13.57%. If calculated according to the closing price of Jushri Technologies Inc(300762) yesterday of 21.3 yuan / share, the proposed reduction amount will be as high as 1.135 billion yuan
According to the data, from the perspective of the company’s third quarterly report last year, the above four shareholders to be reduced are the company’s first, second, third and fourth largest shareholders respectively. The ranking has not changed since the company entered the list of major shareholders in the first quarterly report of 2019.
Daily K-line chart of Jushri Technologies Inc(300762) since its listing
Statistics show that Jushri Technologies Inc(300762) was listed on the gem on March 18, 2019. It is mainly engaged in the R & D, manufacturing, sales and engineering implementation of industrial broadband mobile communication equipment. Combined with business application software, command and dispatching software and other supporting products, it provides military customers and railway and other industrial customers with overall solutions of industrial broadband mobile communication system After Jushri Technologies Inc(300762) listing, it pulled 14 daily limit sectors, and hit a record high in January 2021, followed by a shock decline.
Another listed company with a large proportion of reduction is also a member of the gem: Ningbo Zhenyu Technology Co.Ltd(300953) .
Ningbo Zhenyu Technology Co.Ltd(300953) announcement
Ningbo Zhenyu Technology Co.Ltd(300953) plans to reduce the number of major shareholders more than Jushri Technologies Inc(300762) , reaching 6. Specifically, Ningbo Shangrong and Shanghai Shangrong plan to reduce their holdings by no more than 3%, that is, no more than 2792400 shares; Haida Dingxing plans to reduce its holdings by no more than 2.69%, that is, no more than 2500000 shares; Wang Aiguo plans to reduce his holdings by no more than 1.34%, that is, no more than 1250000 shares; Hangzhou Wikimedia plans to reduce its holdings by no more than 1.88%, that is, no more than 1750000 shares; Huipu Zhifang plans to reduce its holdings by no more than 1.79%, that is, no more than 1666700 shares. The latter two are “clearance” reduction.
therefore, the six major shareholders plan to reduce their holdings of nearly 9.96 million shares, accounting for 10.7%. If calculated according to yesterday’s Ningbo Zhenyu Technology Co.Ltd(300953) yesterday’s closing price of 111.61 yuan / share, the proposed reduction amount will be as high as 1.112 billion yuan
Daily K-line chart since Ningbo Zhenyu Technology Co.Ltd(300953) listing
Ningbo Zhenyu Technology Co.Ltd(300953) was also listed on gem on March 18, 2019. It is a high-tech enterprise specializing in the R & D, design, production and sales of precision progressive stamping dies and downstream precision structural parts. The company has rich experience in the development of precision progressive stamping dies and a complete manufacturing system. Focusing on the design and development of precision progressive stamping dies, the company provides customized precision progressive stamping dies for household appliance manufacturers, automobile and industrial control manufacturers all over the world. From the stock price performance, Ningbo Zhenyu Technology Co.Ltd(300953) last December hit a record high of 168 yuan / share, and then fell back.
In fact, Niu Yanjun noticed that, unlike some listed companies with poor performance and high share price, the performance of Jushri Technologies Inc(300762) and Ningbo Zhenyu Technology Co.Ltd(300953) was actually quite good. The net profit attributable to the parent company in the consolidated statements of Jushri Technologies Inc(300762) in the third quarter of last year increased by 60% year-on-year, and the number of Ningbo Zhenyu Technology Co.Ltd(300953) increased by 73% year-on-year. In addition, their share prices are also relatively low. Is it too urgent for major shareholders to reduce their holdings as soon as the ban is lifted?
In the current wave of repurchase and overweight of a shares, this operation of Jushri Technologies Inc(300762) and Ningbo Zhenyu Technology Co.Ltd(300953) major shareholders seems quite out of place. However, Niu Yanjun thought that maybe it was just as the paragraph said: bulls and bears passed by and said “take care” to each other coldly !
