Heavyweights counter attacked in early trading, and the Shanghai Composite Index turned red from green. Since April, a number of stocks with better than expected performance have obtained large-scale positions of northbound funds.
On the morning of April 26, A-Shares opened high and went low, and the Shanghai index fell below 2900 points. Around 10:16 in the morning, the market heavyweights began to counterattack, and the Shanghai Composite Index rose, quickly turning red from the green market, and the gem index once rose by more than 2%.
According to the statistics of securities times · databao, among the constituent stocks of Shanghai and Shenzhen 300 index, Perfect World Co.Ltd(002624) , Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) limit Bloomage Biotechnology Corporation Limited(688363) , Zhejiang Sanhua Intelligent Controls Co.Ltd(002050) , Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , Aier Eye Hospital Group Co.Ltd(300015) , Imeik Technology Development Co.Ltd(300896) , Unigroup Guoxin Microelectronics Co.Ltd(002049) , etc. rose by more than 6%
several industry leaders' performance exceeded expectations
Just yesterday, a number of industry leading companies disclosed the performance data of the first quarter. The performance exceeded expectations. The company was concerned by many institutions and issued a research report to give a positive rating at the first time.
For example, Zte Corporation(000063) , the first quarterly report released by the company shows that the first quarter of 2022 achieved a profit of 2.217 billion yuan, a year-on-year increase of 1.6%; Deduct non net profit of RMB 1.952 billion, with a year-on-year increase of 117.13% Huatai Securities Co.Ltd(601688) research report pointed out that in the first quarter of this year, Zte Corporation(000063) under the dual challenges of complex external environment and covid-19 epidemic, it actively improved the operation quality and efficiency. In China's two international markets, the revenue of operators' networks, government enterprises and consumers increased year-on-year, and the performance exceeded expectations. The stock rose more than 6% this morning.
According to the statistics of databao, according to the Research Report of securities companies, the performance of the first quarter of this year exceeded the expectation of more than 100 companies. Companies from pharmaceutical, biological, electronic, power equipment and basic chemical industries account for nearly half
According to the market value, the average A-share market value of the companies exceeding the expectation exceeds 50 billion yuan, which shows that the leading companies in the industry occupy the majority. Those with market value exceeding 100 billion include China Merchants Bank Co.Ltd(600036) , Byd Company Limited(002594) , Hangzhou Hikvision Digital Technology Co.Ltd(002415) , Aier Eye Hospital Group Co.Ltd(300015) , Beijing Wantai Biological Pharmacy Enterprise Co.Ltd(603392) , etc China Merchants Bank Co.Ltd(600036) market value is the highest. As of the closing on April 25, the market value of the company's A-Shares exceeded 800 billion yuan. In the first quarter of this year, the company achieved a profit of 36.022 billion yuan, a year-on-year increase of 12.52%.
northbound capital increased its holdings of 17 companies with performance exceeding expectations
From the perspective of the dynamics of northbound funds, since April, many stocks with better than expected performance have obtained large-scale positions. According to the statistics of databao, according to the rough calculation of the average transaction price in the interval, 17 shares have been increased by more than 100 million yuan since April Suzhou Maxwell Technologies Co.Ltd(300751) , Beijing Wantai Biological Pharmacy Enterprise Co.Ltd(603392) , Shenzhen Senior Technology Material Co.Ltd(300568) , Guangzhou Tinci Materials Technology Co.Ltd(002709) , Unigroup Guoxin Microelectronics Co.Ltd(002049)
Suzhou Maxwell Technologies Co.Ltd(300751) northbound capital increased by 1.8 billion yuan, ranking first. The company is the leader in the subdivision of photovoltaic industry chain, and achieved a profit of 180 million yuan in the first quarter of this year, with a year-on-year increase of 49.77%. In the list of the top ten circulating shareholders in the first quarter, Ruiyuan Growth Fund and Huatai Bairui increased their holdings and new entrants respectively.
local duty-free shops received policy support, and theme stocks rose sharply in early trading
The concept of tax exemption rebounded first in early trading, with Xinjiang Youhao(Group)Co.Ltd(600778) , Zhongbai Holdings Group Co.Ltd(000759) , Guangzhou Grandbuy Co.Ltd(002187) rising first, and Nanning Department Store Co.Ltd(600712) , Hainan Development Holdings Nanhai Co.Ltd(002163) , Guangzhou Lingnan Group Holdings Company Limited(000524) , etc. rising. As of midday closing, the tax-free concept index rose by more than 3%, and the number of popular shares exceeded 70%.
In terms of news, the general office of the State Council recently issued the opinions on further releasing consumption potential and promoting sustainable recovery of consumption, which proposed to promote the healthy and sustainable development of consumption platform, improve the policy of duty-free shops in the city, and plan to build a number of duty-free shops in the city with Chinese characteristics.
City duty-free shops, outlying island duty-free shops and airport duty-free shops are three common duty-free businesses in the world. Duty free shops in the city are located in the urban areas of major cities and provide duty-free goods to tourists who meet the provisions of the Customs on duty-free inspection and release.
Soochow Securities Co.Ltd(601555) said that duty-free shops in the city are an extension of travel shopping from the perspective of shopping scenes, and consumers have more time to try, experience and choose. At the same time, duty-free shops in the city have a slight disadvantage in store traffic and need to be drained by duty-free merchants, so the rent commission charged is usually lower than that of the airport. The proportion of duty-free shops in the market is expected to be very low after the liberalization of the tax-free policy.
According to data treasure statistics, tax-free concept stocks Guangzhou Grandbuy Co.Ltd(002187) , Hainan Development Holdings Nanhai Co.Ltd(002163) , Lanzhou Lishang Guochao Industrial Group Co.Ltd(600738) , Wangfujing Group Co.Ltd(600859) , China Tourism Group Duty Free Corporation Limited(601888) , etc. rose against the market since April. As of the closing on April 25, more than 40% of concept stocks had a rolling P / E ratio of less than 20 times Shenzhen Properties & Resources Development (Group) Ltd(000011) , Greenland Holdings Corporation Limited(600606) , Dashang Co.Ltd(600694) , Shanghai International Port (Group) Co.Ltd(600018) and other four shares have a rolling P / E ratio of less than 10 times.
Among the above stocks with a P / E ratio of less than 20 times, calculated according to the lower limit of net profit of annual report, express report and notice, 13 shares increased by more than 20% in 202 7 Wangfujing Group Co.Ltd(600859) net profit growth was the highest. The net profit of the company in 2021 was 1.34 billion yuan, an increase of 295.61% year-on-year. The company was granted the qualification of duty-free products in 2020, and is making every effort to promote various business preparations and strive to realize the implementation of duty-free projects as soon as possible.
