Since 2020, Lu Bin of HSBC Jinxin has gained a reputation. As the annual performance champion of stock fund in that year, his in-depth research on new energy and other industries has gradually become the recognition of industries and institutions, and his unique investment and research method has also attracted more attention. With the disclosure of the first quarterly report, Lu Bin’s latest position idea of “one brother of new energy” was exposed.
maintain high position operation
in charge scale exceeds 30 billion
On April 16, HSBC Jinxin low carbon pioneer and other funds managed by Lu Bin released their first quarterly report, exposing the latest position ideas of “stock based brother” of new energy. According to the statistics of the first quarterly report, Lu Bin’s latest management scale was 30.715 billion, an increase of 1.128 billion over the end of last year.
On the whole, among the heavily held stocks of managed funds, many leading varieties in the new energy industry were increased, and the holdings of leading real estate stocks China Vanke Co.Ltd(000002) , leading insurance stocks Ping An Insurance (Group) Company Of China Ltd(601318) .
According to the first quarterly report, as of the end of the first quarter of this year, the average stock position of the four old funds managed by Lu Bin reached 92.02%, a slight decrease of 1.02 percentage points compared with the end of last year. HSBC Jinxin intelligent manufacturing pioneer, HSBC Jinxin low-carbon pioneer, HSBC Jinxin dynamic strategy and HSBC Jinxin core growth continued to maintain more than 90% of the positions. Among them, the stock position of HSBC Jinxin intelligent manufacturing pioneer decreased to 92.67% from 94.02% at the end of last year. In addition, as a new fund established in January this year, the stock position of HSBC Jinxin research selected in the first quarter was 87.81%, and the position of Hong Kong stocks accounted for 9.61%.
add warehouse Contemporary Amperex Technology Co.Limited(300750) , Xinjin Guanghui Energy Co.Ltd(600256) ,
Asymchem Laboratories (Tianjin) Co.Ltd(002821) , Ping An Insurance (Group) Company Of China Ltd(601318) , Actblue Co.Ltd(300816) quit the top ten
Specifically, when it comes to position adjustment and share exchange, taking Lu Bin as the representative of HSBC Jinxin intelligent manufacturing pioneer as an example, the first and second largest heavy positions are still Sichuan Yahua Industrial Group Co.Ltd(002497) , Tianqi Lithium Corporation(002466) , and the number of shares held has not changed compared with the end of last year Ganfeng Lithium Co.Ltd(002460) once again entered the top 10. In fact, Ganfeng Lithium Co.Ltd(002460) has ranked among the top 10 since the semi annual report of last year. Last year’s annual report has left the top 10 temporarily. As of the first quarter report, the number of shares held has not changed, still 894600 shares. It is worth noting that Actblue Co.Ltd(300816) withdrew from the top ten heavyweight stocks.
In addition, in the first quarter, the fund increased its holdings of Shanghai Awinic Technology Co.Ltd(688798) 71900 shares, rising from the sixth largest at the end of last year to the third largest heavy position shares; Increased Guangdong Fangyuan Environment Co.Ltd(688148) 2117900 shares, from the tenth largest at the end of last year to the fourth largest heavy position shares; Increased Dbappsecurity Co.Ltd(688023) 367 million shares, from the seventh largest to the eighth largest heavy position shares; Reduced Anhui Guangxin Agrochemical Co.Ltd(603599) 1550200 shares, rising to the fifth largest heavy position shares from the third largest at the end of last year;
As of the first quarter, the shareholding concentration of HSBC Jinxin intelligent manufacturing Pioneer has increased, from 47.61% at the end of last year to 51.58% in the first quarter.
Lu Bin’s other representative, HSBC Jinxin low carbon pioneer, showed in the first quarterly report that compared with the end of last year, the top ten heavy positions of the fund increased Guanghui Energy Co.Ltd(600256) , holding 644103 million shares and a market value of about 528 million yuan; In addition, 71300 shares of Contemporary Amperex Technology Co.Limited(300750) were added, and it is still the largest heavy position stock of the fund Ping An Insurance (Group) Company Of China Ltd(601318) withdrew from the top ten heavyweight stocks.
From the point of view of the top ten heavy warehouse shares of the dynamic strategy of the letter to the dynamic strategy of the letter to the letter of the HSBC, from the perspective of the letter to the dynamic strategy of the HSBC, the 3 Beijing Zznode Technologies Co.Ltd(003007) 50 \ , Anhui Guangxin Agrochemical Co.Ltd(603599) withdrew from the top ten heavy positions. Among the new entrants, only Asymchem Laboratories (Tianjin) Co.Ltd(002821) did not appear in the total shareholding in the 2021 annual report.
new fund heavy positions China stock market news, Wuxi Apptec Co.Ltd(603259)
purchase of meituan, CNOOC and other Hong Kong stocks
Among the top ten heavyweight stocks selected by HSBC Jinxin research, a new fund established in January this year, in addition to some “familiar” new energy stocks, China stock market news and Wuxi Apptec Co.Ltd(603259) , ranking the first and third heavyweight stocks respectively. In terms of Hong Kong stocks, meituan and CNOOC ranked among the top 10.
many stocks have attractive implied returns
In the first quarter of 2022, the market rebounded after a sharp decline. The Shanghai Composite Index fell 10.65% and the gem index fell 19.96%. Among CITIC’s 30 primary industries, coal, real estate and banking industries led the increase. The performance of electronics, national defense industry and automobile industry is relatively backward.
Lu Bin said in the first quarterly report that at the beginning of 2022, we believe that the main line is value return and high-quality growth. After the escalation of the conflict between Russia and Ukraine at the end of February, there was an accelerated decline in the market. We have also responded to it to a certain extent in terms of positions and allocation. We believe that short-term risk events have limited impact on the long-term value of the A-share market. Therefore, under the background of still good fundamentals, when the market fluctuates violently in the short term, taking the risk actively may be a better choice than avoiding the risk. From the perspective of one year and two years, the implied return of many stocks has been very attractive.
HSBC Jinxin low carbon pioneer fund focuses on investing in low-carbon environmental protection industries and strives to seize investment opportunities in new energy and low-carbon through active research and investment. At present, the main investment directions of HSBC Jinxin low carbon pioneer fund include: 1. New energy vehicle industry 2. Photovoltaic industry 3. Environmental protection industry, etc.
Lu Bin also mentioned that during the special period of the epidemic in Shanghai, the words of the colleagues stationed on the blackboard of HSBC Jinxin Investment Department moved me very much, and also reflected the spirit and determination of HSBC Jinxin investment team, so as to encourage each other: “kill the virus. Beat the market.”.
