The first quarterly reports of listed companies have successively disclosed that the positions of overseas institutions have surfaced. According to the data, as of April 21, according to the disclosed quarterly report, a total of 17 qualified foreign institutional investors (QFII) appeared in the list of the top ten circulating shareholders of A-share listed companies. Compared with the previous period, QFII generally increased its holdings of A-Shares in the first quarter. Among them, the world’s largest sovereign investment institution, the Central Bank of Norway, has diversified positions.
Overseas asset management institutions generally said that after the downward revision of the valuation in the first quarter, the cost performance of the A-share market has gradually emerged. The themes of innovation, localization and consumption upgrading have investment potential, which will bring great opportunities to investors.
the Central Bank of Norway increased its holdings of agricultural and animal husbandry leaders
The world’s largest sovereign investment institution, the Central Bank of Norway, appears in the list of the top ten circulating shareholders of four A-share listed companies. Compared with the end of 2021, the Central Bank of Norway increased the positions of these four companies in the first quarter. From the perspective of industry sector, the position of the Central Bank of Norway is relatively diversified, and the layout of agricultural sector, advanced manufacturing sector and military industry sector is relatively strong.
Specifically, the Central Bank of Norway has increased its holdings of 2.62 million leading agricultural and animal husbandry shares Guangdong Haid Group Co.Limited(002311) by the end of the first quarter, holding 20.62 million Guangdong Haid Group Co.Limited(002311) shares, with a market value of more than 1.1 billion yuan. In addition to the agricultural sector, the Central Bank of Norway also increased its holdings of high-end manufacturing enterprises Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) , with a cumulative increase of 1.27 million shares in the first quarter. As of the end of the first quarter, the Central Bank of Norway held a total of 3.41 million shares Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) . Market participants believe that as a core supplier in China’s braking field, Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) while consolidating its military market position, is vigorously expanding the civil market. Some products are produced exclusively and irreplaceable, and are in a period of rapid development.
In addition, in the first quarter, the Central Bank of Norway also increased its holdings of 350000 shares Hangzhou Robam Appliances Co.Ltd(002508) , 700000 shares Shennan Circuits Co.Ltd(002916) ; As of the end of the first quarter, the Central Bank of Norway held 6060000 shares Hangzhou Robam Appliances Co.Ltd(002508) , 2850000 shares Shennan Circuits Co.Ltd(002916) .
Guangdong Haid Group Co.Limited(002311) popular
In addition to the Central Bank of Norway, other QFII investment trends have gradually surfaced, and Guangdong Haid Group Co.Limited(002311) also attracted two other QFII increased by the Central Bank of Norway.
In the first quarter, Abu Dhabi Investment Authority, the world’s fourth largest sovereign investment institution, increased its positions by Guangdong Haid Group Co.Limited(002311) 214 million shares, and Macao monetary authority increased its positions by Guangdong Haid Group Co.Limited(002311) 52 million shares. By the end of the first quarter, the Abu Dhabi Investment Authority and the Macao monetary authority held Guangdong Haid Group Co.Limited(002311) 1062 million shares and 8.24 million shares respectively.
Guangdong Haid Group Co.Limited(002311) what is the charm of the three QFII holdings? The company’s first quarterly report showed that the operating revenue in the first quarter was 19.953 billion yuan, a year-on-year increase of 26.98%; The net profit attributable to the parent company was 201 million yuan, a year-on-year decrease of 71.62% Citic Securities Company Limited(600030) believes that Guangdong Haid Group Co.Limited(002311) although its performance declined in the first quarter, its product advantages and service advantages are obvious. Under the background of the continuous high price of raw materials and the downturn of downstream breeding boom, the company’s revenue still grew steadily with the addition of the high base in the first quarter of last year, highlighting the continuous improvement of its internal efficiency.
In addition, Abu Dhabi has made a large-scale investment since the fourth quarter of last year. By the end of the first quarter, Abu Dhabi Investment Authority had held 149 million shares Zijin Mining Group Company Limited(601899) .
a-share price performance ratio gradually appears
Relevant people from overseas asset management institutions said that in the first quarter, with the downward revision of the valuation of the A-share market, the cost performance of many industries has gradually appeared. Many industries have shown their attractive allocation value, focusing on investment opportunities on themes such as innovation, localization and consumption upgrading.
Li Jing, director of Fidelity International Equity Research, pointed out that in the long run, he is full of confidence in the resilience of China’s economic growth. At present, the stock market has a broader and more cost-effective stock pool, which provides many investors with a better long-term performance. However, when purchasing high-quality stocks at a discount, we need to pay attention to the balance sheet and cash flow statement. The strategic adjustment and response measures of managers under adversity are also the “touchstone” for investigating corporate governance.
“In the long run, China’s stock market will bring huge investment opportunities for experienced active institutional investors.” Zhang Bo, manager of Wellington investment management fund, believes that the valuation of China’s stock market is in a reasonable range relative to its historical level; At the same time, the correlation between China’s stock market and other risky assets in the world is low. Looking ahead, Zhang Bo believes that innovation, localization and consumption upgrading will bring huge investment potential. Chinese stocks, including a shares, Hong Kong stocks and China concept stocks listed in the United States, will continue to provide investors with broad potential investment opportunities.
