The central bank released 200 billion of refinancing funds to support “specialization and innovation”.
On April 28, the central bank issued a document “the people’s Bank of China set up a scientific and technological innovation refinancing to guide financial institutions to increase their support for scientific and technological innovation”. In order to implement the decision-making and deployment of the CPC Central Committee and the State Council, according to the requirements of the executive meeting of the State Council, the people’s Bank of China has established scientific and technological innovation refinancing, guided financial institutions to increase their support for scientific and technological innovation, and leveraged social funds to promote scientific and technological innovation science and technology innovation refinancing amount is 200 billion yuan, interest rate is 1.75%, term is one year, and can be extended twice, issuing objects include 21 financial institutions such as China Development Bank, policy banks, state-owned commercial banks, postal savings bank of China and joint-stock commercial banks, which provide financial support according to 60% of the loan principal of qualified science and technology enterprises issued by financial institutions.
The purpose of establishing scientific and technological innovation refinancing is to provide low-cost funds to financial institutions, guide financial institutions to issue loans to scientific and technological enterprises on the premise of independent decision-making and taking their own risks, and leverage social funds to promote scientific and technological innovation.
The support objects of scientific and technological innovation refinancing include “high-tech enterprises”, “specialized and special new” small and medium-sized enterprises, national technological innovation demonstration enterprises, manufacturing single champion enterprises and other scientific and technological enterprises. Priority is given to supporting enterprises participating in national science and technology plan projects, national manufacturing innovation center, National specialized and special new “little giant” enterprises, leading backbone enterprises of national key industrial chain and upstream and downstream key supporting enterprises Participate in the establishment of innovation base platform enterprises and enterprises in national science and technology parks.
Compared with the loan interest rate of the central bank to financial institutions, the insufficient refinancing interest rate can be said to be very low. The loan interest rate of the central bank to financial institutions for three months, six months and one year is 3.55%, 3.75% and 3.85% respectively. Since the covid-19 pneumonia epidemic, the central bank has lowered the refinancing interest rate and released the refinancing funds to support the real economy, but the refinancing for “specialization and innovation” is relatively rare.
According to the statistics of securities times · databao, on April 28, the specialized special new sector in the A-share market was the main force, with a net purchase of more than 150 shares, Yunnan Energy New Material Co.Ltd(002812) , Zhejiang Huayou Cobalt Co.Ltd(603799) , Luxshare Precision Industry Co.Ltd(002475) and other five shares, with a net inflow of more than 50 million yuan. The top 10 companies with a net inflow surged across the board, and Guangzhou Kingmed Diagnostics Group Co.Ltd(603882) with a strong limit of more than 30 million yuan. The company is a high-tech service enterprise with the third-party medical examination and pathological diagnosis business as the core.
nearly 20% of A-Shares hit a new low in recent ten years
the average callback since the highest price is nearly 70%
Dragged down by the market and other factors, many stocks in the A-share market hit record lows. According to the statistics of securities times · databao, the closing price in the past three days hit a new low in the past ten years (since April 28, 2012, excluding the new shares listed in the past three months, the starting date of the interval is less than ten years), with 938 shares, accounting for nearly 20% of the total number of a shares, including 112 shares listed for more than 10 years, Hubei Guochuang Hi-Tech Material Co.Ltd(002377) , Shenzhen Changfang Group Co.Ltd(300301) , Souyute Group Co.Ltd(002503) , Sunsea Aiot Technology Co.Ltd(002313) , etc.
Compared with the closing price of and delisting price of Longyuan shares in recent ten years, the average decline of bank shares is below 8%, which is the highest or delisting price of Longyuan shares in recent ten years.
In terms of industry distribution, mechanical equipment, electronics, computer and basic chemical industries have a large number of stocks, and the number of stocks in the first two industries is up to 100 among them, the real estate industry has the largest average decline since the highest closing price, up to 88.45%; Banks, public utilities, transportation, etc., with an average decline of less than 60%.
9 blue chip stocks won the capital going north and the financiers increased their positions against the trend
In the current market, the above-mentioned stock prices, even record low stocks, still receive financial attention. According to the statistics of data treasure, 113 stocks have been added with northbound funds or leveraged funds since April. These companies have obvious advantages in valuation and performance. The latest P / E ratio of Beishang capital or financing customer added shares is 50 times on average, and the average increase of net profit in 2021 is 17.36%; The average p / E ratio of the stocks that did not gain both positions was close to 60 times, and the average decline in net profit over the same period was 41.28%.
has obtained only three shares of northbound capital and financing customers at the same time, namely Red Star Macalline Group Corporation Ltd(601828) , Ligao Foods Co.Ltd(300973) and Zhuzhou Crrc Times Electric Co.Ltd(688187)
Further, since April, there are only 9 new low-end stocks in recent ten years, including Xiamen Bank Co.Ltd(601187) , Hangzhou Seck Intelligent Technology Co.Ltd(300897) , Huali Industrial Group Company Limited(300979) and so on. Specifically, there are 4 Beishang capital increase stocks, with Xiamen Bank Co.Ltd(601187) , Chengdu Tianjian Technology Co.Ltd(002977) increase in positions ranking first; Hang Zhou Yitong New Materials Co.Ltd(300930) , Hangzhou Seck Intelligent Technology Co.Ltd(300897) , among which Hang Zhou Yitong New Materials Co.Ltd(300930) has been increased by more than 13% since April.
Among the nine stocks, the top three in net profit growth in 2021 are Shanghai Awinic Technology Co.Ltd(688798) , Chengdu Rml Technology Co.Ltd(301050) , up to 183.56% and 66.33% respectively; The top three increases in net profit in the first quarter of 2022 are Shanghai Hi-Road Food Technology Co.Ltd(300915) , Shanghai Awinic Technology Co.Ltd(688798) and Hang Zhou Yitong New Materials Co.Ltd(300930) among which Hang Zhou Yitong New Materials Co.Ltd(300930) is one of the leaders in China’s iron-based powder industry, with the latest valuation of only 20 times.
