continued last week, due to the Qingming Festival holiday, the funds went north for only three trading days. This week, due to the Easter holiday, the funds went north for only three trading days again, with a total net purchase of 2.878 billion yuan for the whole week. Among them, the net purchase of Shanghai Stock connect was 1.587 billion yuan and that of Shenzhen Stock connect was 1.291 billion yuan
Although the gem and the science and technology innovation board continued to weaken this week, both reaching new lows since the current round of adjustment, the northward capital increased its positions in technology stocks against the trend, and the electronic industry received a net purchase of 1.93 billion yuan, which was the industry with the largest net purchase this week. The positive real estate industry also received a net purchase of 1.666 billion yuan this week, while the building materials and building decoration industries closely related to real estate also received an increase of 985 million yuan and 424 million yuan respectively.
Northbound capital continued to reduce its holdings in the pharmaceutical and biological industry this week, with a total net sales of 1.812 billion yuan, the industry with the most position reduction. Due to the continued weakness of the market, the non bank financial industry was also sold a net 1.094 billion yuan by funds going north this week. In addition, the media, agriculture, forestry, animal husbandry and fishery, transportation, automobile and other industries were also net sold by funds going north this week, exceeding 100 million yuan.
this week, northward capital net bought more stocks
(prepared by: Mao Jun)
real estate industry chain favored
This week, the executive meeting of the State Council released a strong signal of RRR reduction. On Friday, the people’s Bank of China announced that in order to support the development of the real economy and promote the steady decline of comprehensive financing costs, it decided to reduce the deposit reserve ratio of financial institutions by 0.25 percentage points on April 25, 2022 (excluding financial institutions that have implemented the deposit reserve ratio of 5%). In terms of market, stocks in real estate and related industries strengthened one after another this week Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) is the “invisible champion” in the field of building waterproof concealed works. This week Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) disclosed the annual report of 2021, realizing an operating revenue of 31.934 billion yuan, a year-on-year increase of 46.96%, and a net profit of about 4.205 billion yuan, a year-on-year increase of 24.07%.
This is the 10th consecutive year of rapid growth of Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) and the net profit has increased by nearly 100 times from 44.12 million yuan at the beginning of listing. Under the dual effects of favorable industry and substantial increase in performance, northbound capital bought Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) 693 billion yuan net this week, which was the largest net purchase of individual shares this week, with a total increase of 15.16 million shares, and the total position reached a new high in nearly two months.
In addition, China State Construction Engineering Corporation Limited(601668) , China Vanke Co.Ltd(000002) , Greenland Holdings Corporation Limited(600606) , Anhui Conch Cement Company Limited(600585) and other real estate and industrial chain related equity also received a net purchase of more than 100 million yuan from Beishang capital this week.
Citic Securities Company Limited(600030) indicates that the sub industry of consumer building materials is in the period of accelerated concentration and product structure optimization, and Guangdong Kinlong Hardware Products Co.Ltd(002791) , Monalisa Group Co.Ltd(002918) , Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) , Beijing New Building Materials Public Limited Company(000786) , Zhejiang Weixing New Building Materials Co.Ltd(002372) , Guangdong Dongpeng Holdings Co.Ltd(003012) , etc. are recommended; Head construction enterprises have sufficient stock projects. Under the repeated unexpected impact of local epidemics, the urgency of adding weight to the steady growth policy in the second quarter has increased. “Funds follow the project”. It is recommended that the leaders of undervalued value China State Construction Engineering Corporation Limited(601668) , China Railway Group Limited(601390) , Anhui Honglu Steel Construction(Group) Co.Ltd(002541) , Dongzhu Ecological Environment Protection Co.Ltd(603359) .
bucking the trend and adding positions in technology stocks
Although the overall weakness of science and technology stocks in the near future, northward capital is a leading enterprise with excellent performance Unigroup Guoxin Microelectronics Co.Ltd(002049) is a leading supplier of integrated circuit chip design and system integration solutions in China. This week Unigroup Guoxin Microelectronics Co.Ltd(002049) also announced the performance express of 2021 and the forecast of the first quarterly report of 2022. In 2021, the operating revenue was 5.342 billion yuan, a year-on-year increase of 63.35%, and the net profit was 1.954 billion yuan, a year-on-year increase of 142.28%. It is estimated that the net profit in the first quarter of this year will be 510550 million yuan, with a year-on-year increase of 57.54% – 69.9%.
Not only did good performance not make Unigroup Guoxin Microelectronics Co.Ltd(002049) stronger, but it fell with the market and even fell this week. Northbound capital bucked the trend this week, net buying Unigroup Guoxin Microelectronics Co.Ltd(002049) exceeded 600 million yuan, adding 3.38 million shares, and the total holding of shares reached a new high in recent three months. Financiers bought a net 93.79 million yuan this week Contemporary Amperex Technology Co.Limited(300750) , Sungrow Power Supply Co.Ltd(300274) , Luxshare Precision Industry Co.Ltd(002475) and other technology share capital also received a net purchase of more than 100 million yuan from northbound capital this weekcenter>
Chuancai Securities pointed out that the recent epidemic has caused the industrial bases in Shanghai, Jiangsu, Jilin, Hebei and other places to face obstacles such as transportation and production, which has a high probability of affecting the phased growth of the industry. The market is expected to revise the electronic technology sector in an overall phased manner. The certainty of medium and long-term steady growth in the fields of photovoltaic electronics, automotive electronics and semiconductor equipment and materials reflected in the first quarterly report of the industry is still high, and the repair under phased valuation will bring more suitable investment opportunities to relevant fields.
For the food and beverage industry, there were differences in funds going north this week. On the one hand, Kweichow Moutai Co.Ltd(600519) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) , Chongqing Fuling Zhacai Group Co.Ltd(002507) , Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) , etc. received a net purchase of more than 100 million yuan; On the other hand, Wuliangye Yibin Co.Ltd(000858) , He Bei Cheng De Lolo Company Limited(000848) , Chongqing Brewery Co.Ltd(600132) , etc. were sold for more than 100 million yuan.
Bohai Securities said that the overall performance of the food and beverage sector was poor due to the upward pressure on costs and the impact of the disturbance of the epidemic. However, as the sector continues to decline, some leading valuations in high-quality segments have long-term investment value. It is suggested to select the dairy industry with controllable cost during the year and the beer sector with relatively better competition pattern and smoother pressure transmission.
