In 2021, the wind direction of funds going north will change significantly.
northward capital turns to infrastructure
According to the statistics of the data treasure of the securities times, the cumulative turnover of funds going north this week was 510.543 billion yuan, and the net purchase was 6.203 billion yuan, of which the total net purchase of Shanghai Stock connect was 6.853 billion yuan and the net sale of Shenzhen Stock connect was 650 million yuan.
This week, northbound funds significantly prefer traditional infrastructure industries, iron and steel, building decoration, building materials and mechanical equipment industries have received increased positions of northbound funds. Under the overall tight real estate policy in the second half of 2021, the central economic work conference set the macro policy in 2022 as steady and effective, steadily promote the concentration management of real estate loans and other measures, and realize the healthy and stable development of the real estate market. Infrastructure is expected to become the key to steady growth, and the relevant equity will continue to rise in the next few weeks.
Statistics show that there are 19 industries with month on month increase in capital holdings in the north this week, and 12 industries with month on month decrease. The comprehensive industry had the largest month on month increase, an increase of 7.39% over last week, followed by steel, architectural decoration and real estate industries, with month on month increases of 6.72%, 6.67% and 5.97% respectively,
From the perspective of the continuity of increasing holdings, communication industry is most favored by funds going north. Its shareholding has increased for eight consecutive weeks. During this period, the communication industry index has increased by 1.6%. Recently, new news came from 6G R & D. Zijinshan Laboratory for network communication and security, together with teams from Southeast University, Pengcheng laboratory, Fudan University and China Mobile, built the first 360-430ghz band 100 / 200gbps real-time wireless transmission communication experimental system, with a communication rate 10-20 times higher than 5g, It has created the highest real-time transmission record of terahertz real-time wireless communication publicly reported in the world.
This week, national defense and military industry, beauty care, textile and clothing, public utilities and computers were reduced most by funds going north, with a month on month decrease of more than 2%. The direction of new energy has continued to callback this year, and the capital stocks that rose too high in the early stage have retreated continuously every week. On the news side, the new energy subsidy policy in 2022 will decline by 30% on the basis of 2021, and the new energy policy subsidy will be terminated in December at the end of 2022. The mood of the new energy sector has dropped.
traditional blue chips gained increased holdings of northbound funds
Data treasure statistics show that a total of 33 shares boarded the list of active capital transactions in the north this week. In terms of industries, among the listed stocks, electrical equipment, food and beverage, and electronic industries all had a turnover of more than 10 billion yuan, mechanical equipment shares received the most net purchases, totaling 1.17 billion yuan, and electronic industry had the most net sales, totaling 2.999 billion yuan.
Northbound capital began to bargain hunt for blue chips in traditional industries. This week, Sany Heavy Industry Co.Ltd(600031) , Ping An Insurance (Group) Company Of China Ltd(601318) received the highest net purchase amount of northbound capital, which were RMB 1.17 billion and RMB 720 million respectively. These two stocks suffered a significant retreat in 2021, with a cumulative decline of 33.4% and 40% respectively, and their valuations have entered a lower range. There are also Muyuan Foods Co.Ltd(002714) , Industrial Bank Co.Ltd(601166) with a net purchase of more than 500 million yuan, which began to adjust downward after the Spring Festival last year and have been favored by funds recently.
Huaxin Securities Research Report believes that stable investment is the main focus of stable growth. New and old infrastructure work together, and the inflection point of infrastructure has come. Abundant capital liquidity supports the undervalued sector, with loose capital. The undervalued value of the financial industry is expected to be repaired. Especially after A-Shares enter the era of comprehensive registration system, the performance increment of securities companies is worth looking forward to.
According to the statistics of data treasure, a total of 18 shares went north this week, and their holdings doubled month on month. In terms of the increase in holdings, Pony Testing International Group Co.Ltd(300887) , Shengyuan Environmental Protection Co.Ltd(300867) , Yunnan Shennong Agricultural Industry Group Co.Ltd(605296) ranked first, with 434%, 181.05% and 176.75% respectively. Pony Testing International Group Co.Ltd(300887) said on the investor Q & a platform that the company is currently developing a rapid detection kit for Helicobacter pylori, which is mainly used for rapid screening of Helicobacter pylori in saliva. It is characterized by simple and fast operation and can realize semi quantitative determination. At the news level, the U.S. Department of health and human services released the latest (15th Edition) carcinogen report, Helicobacter pylori was listed as a carcinogen for the first time, and Helicobacter pylori prevention and control concept stocks strengthened recently.
There are Capitalonline Date Service Co.Ltd(300846) , Andon Health Co.Ltd(002432) , Sunstone Development Co.Ltd(603612) , Dirui Industrial Co.Ltd(300396) , Guangdong Guanghua Sci-Tech Co.Ltd(002741) with a significant reduction in capital holdings in Beishang, and the shareholding ratio decreased by more than 80% month on month. Capitalonline Date Service Co.Ltd(300846) recently announced that as of December 30, 2021, the shareholder Beijing cornerstone had reduced 6.1698 million shares of the company through centralized bidding, accounting for 1.5% of the total share capital of the company, and more than half of the reduction.
31 shares were increased by northbound capital for seven consecutive weeks
According to the statistics of data treasure, a total of 31 shares have been increased by northbound capital for seven consecutive weeks. From the number of increased shares, China State Construction Engineering Corporation Limited(601668) , China United Network Communications Limited(600050) , China Jushi Co.Ltd(600176) have the largest number of increased shares by northbound capital, with 418 million shares, 198 million shares and 94 million shares respectively. The continuous increased shares are mainly in power equipment, medicine, biology and electronics industries.
It was announced on January 7 that the total amount of new contracts signed by the company in 2021 was 3.53 trillion yuan, an increase of 10.3% over the same period of last year, and the construction area of houses was 1.693 billion square meters, an increase of 9.8% over the same period of last year. The company said on the investor Q & a platform that the company actively fulfilled the responsibilities of central enterprises and participated in the construction of many winter Olympic venues and supporting projects such as “ice cube” ice sports center, Wukesong ice sports center, Yanqing Winter Olympic Village and Mountain News Center.
In terms of market performance, Beishang capital continued to increase its positions, and the share capital retreated slightly every week, with an average decline of 2.56%. The decline of Chongqing Brewery Co.Ltd(600132) , Shenzhen Kedali Industry Co.Ltd(002850) , Hoshine Silicon Industry Co.Ltd(603260) , Will Semiconductor Co.Ltd.Shanghai(603501) this week was more than 10%. Fangda Special Steel Technology Co.Ltd(600507) , China State Construction Engineering Corporation Limited(601668) , Anhui Construction Engineering Group Corporation Limited(600502) rose slightly, with an increase of more than 4%.
(source: Data treasure)
