As a foreign-funded institution with long-term funds, QFII's position change has attracted the attention of investors as the disclosure of the first quarterly report of Listed Companies in 2022 enters an intensive period.
Hithink Royalflush Information Network Co.Ltd(300033) data show that, as of the closing of April 25, among the 746 listed companies that have disclosed the first quarter report of 2022, QFII appeared among the top 10 circulating shareholders of 114 companies, with a total shareholding of 2.523 billion shares. Based on the closing price at the end of the first quarter of 2022, the total stock market value reached 37.66 billion yuan. The banking industry has the highest shareholding market value, and QFII holds a total stock market value of 14.595 billion yuan; At the end of the period, the stock market value of QFII in five industries such as medicine and biology, agriculture, forestry, animal husbandry and fishery, real estate, non bank finance and food and beverage exceeded 2 billion yuan.
In this regard, Chen Li, chief economist of Chuancai securities and director of the Research Institute, who was interviewed by the reporter of Securities Daily, said, "From the perspective of valuation, the current overall valuation of A-Shares has been lower than the historical average. From the perspective of the newly increased holdings of QFII, QFII is performance-oriented. The key increased holdings have the characteristics of good growth of enterprise performance, full adjustment of stock price and low valuation at this stage. They avoid the sectors with high valuation or large increase in the short term, and have certain allocation advantages. In the medium and long term, after the adjustment of a shares, there will be no risk After the release, the impact of overseas events may gradually subside, and the market sentiment will return to rationality. "
Further combing, it is found that compared with the data of last year's annual report, 77 stocks have become the key varieties of QFII's newly increased holdings in the first quarter of this year, involving 27 Shenwan industries, including five industries such as medicine and Biology (11), power equipment (8), mechanical equipment (6), automobile (5) and household appliances (5).
From the perspective of positions, there are 43 stocks, and the market value of QFII positions at the end of the first quarter of 2022 exceeded 100 million yuan At the end of the first quarter, the market value of QFII positions of five stocks, including Bank Of Nanjing Co.Ltd(601009) , Guangdong Haid Group Co.Limited(002311) , Vantone Neo Development Group Co.Ltd(600246) , Zijin Mining Group Company Limited(601899) , and China stock market news, exceeded 1 billion yuan.
In terms of shareholding ratio, among the above 114 QFII positions, 50 shares accounted for more than 1% of the outstanding shares at the end of the first quarter of this year, and 5 shares including Tellgen Corporation(300642) , Xinxiang Richful Lube Additive Co.Ltd(300910) , Bank Of Nanjing Co.Ltd(601009) , Zwsoft Co.Ltd(Guangzhou)(688083) , Vantone Neo Development Group Co.Ltd(600246) accounted for 10% or more at the end of the first quarter of this year.
Compared with the annual report data of 2021, among the 77 newly added shares of QFII mentioned above, QFII held 46 new shares in the first quarter of this year, and 9 new shares of QFII exceeded 5 million shares. Among them, Shenzhen Jinjia Group Co.Ltd(002191) in the first quarter of this year, JPMorgan Chase Bank, a member of QFII, newly held 230465 million shares, accounting for 1.62% of the circulating shares, ranking the sixth largest shareholder of circulating shares China Coal Xinji Energy Co.Ltd(601918) , Langold Real Estate Co.Ltd(002305) and other two stocks. In the first quarter of this year, the number of new shares of QFII members UBS and JPMorgan Chase bank exceeded 10 million, and their holdings were 126294 million shares and 115577 million shares respectively.
In terms of QFII holdings increase, compared with the annual report data of 2021, QFII continued to add positions to 31 stocks in the first quarter of this year, and the number of QFII holdings of 14 stocks in the first quarter of this year exceeded one million. In the first quarter of this year, QFII member Abu Dhabi Investment Bureau added Zijin Mining Group Company Limited(601899) 7682600 shares, ranking first. After the increase, Abu Dhabi Investment Bureau held 148720900 shares, ranking the ninth largest shareholder of circulating shares.
In fact, the overall performance of QFII position stocks is good, with 90 profitable stocks, accounting for 78.95%. Among them, the net profit attributable to the parent company of 14 stocks during the reporting period increased by 100% or more year-on-year.
In terms of market performance, since April, the stock prices of 12 QFII stocks have risen during the period, and four stocks, including temus, Nantong Jiangshan Agrochemical & Chemicals Co.Ltd(600389) , Bank Of Nanjing Co.Ltd(601009) , Zhejiang Ausun Pharmaceutical Co.Ltd(603229) , have increased by more than 10% during the period.
Li Chunyu, manager of Rongzhi investment fund, told reporters about the investment opportunities of QFII positions, "QFII's newly increased holdings are clustered in the industry, which has two obvious characteristics: first, the industry has generally experienced substantial adjustment, the negative factors have been fully released, and the valuation is at a historically low level with a high margin of safety; second, the industry performance is expected to improve, and the certainty is very high. At present, it is in a relatively good left layout stage. The current market has been fully adjusted, and the bottom area is special It is obvious that the short-term pessimism does not affect the long-term investment value of a shares. The blue chip varieties newly increased by QFII in the first quarter of this year deserve attention. "
Table: new stocks held by QFII in the first quarter of this year
Prepared by: Ren Shibi
