Stock market liquidity: market sentiment has cooled in the recent week, with a net inflow of funds in the A-share market of – 40 billion yuan, compared with the previous value of 6.9 billion yuan.
The capital inflow slowed down and the market stage adjusted: there was a correction in the market after new year’s day this year. In the recent week, the Shanghai Composite Index fell 2%, the gem index 7% and the Mao index 4%. Some reasons can be found from the capital side behind the market adjustment. The capital inflow has slowed down significantly in the recent week. The newly established partial stock public offering fund was RMB 8.4 billion (the former value was RMB 25.9 billion), the net inflow of ETF was RMB – 8.6 billion (the former value was RMB 8.7 billion), and the net increase of financing balance was RMB – 9.3 billion (the former value was RMB – 3 billion). The slowdown in capital inflows led to the lack of incremental capital holdings in the mainstream track, especially reflected in the sharp correction of institutional heavy positions.
Foreign capital style turns to value: foreign capital has significantly increased its position in the value sector in the recent week, and financial real estate, coal and chemical industry have been increased on a large scale; At the same time, the foreign-funded position reduction industry is mainly concentrated in electronics and food and beverage. At the level of individual stocks, the first five stocks increased by funds going north in the recent week are respectively: Sany Heavy Industry Co.Ltd(600031) , Nari Technology Co.Ltd(600406) , China Vanke Co.Ltd(000002) , Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) , Hithink Royalflush Information Network Co.Ltd(300033) .
Risk warning: the market entry scale of funds is roughly estimated, which is only for investors’ reference; The second outbreak of the epidemic caused the enterprise performance to be lower than expected; Inflation rose faster than expected.
