The market style began to change?
After yesterday’s one word limit rise, the limit rose again at the Sunstone Development Co.Ltd(603612) opening of trading this morning. It is worth noting that after the call auction, the number of Sunstone Development Co.Ltd(603612) orders was up to 4.78 million, while the circulation of the stock was 431 million. In other words, the sealed orders that sealed the daily limit board were once not enough to sell even the current market
As of the morning closing, the stock seal had dropped to 2.29 million hands, with a turnover rate of 0.12%.
Such a huge seal is rare in the A-share market, especially when it exceeds all the circulation of individual shares, highlighting the pursuit of the stock by market funds.
On the news side, Sunstone Development Co.Ltd(603612) recently announced that it plans to purchase 94.97% of Xinyuan shares and raise supporting funds by issuing shares to specific objects and paying cash. Xinyuan Co., Ltd. is listed on the new third board, and its main business is lithium-ion battery cathode material products and thin film capacitors. If the acquisition is successful, Sunstone Development Co.Ltd(603612) will take another important step in the layout of lithium battery field.
a-share growth style is getting stronger, and the wind direction has changed
The market’s favor for Sunstone Development Co.Ltd(603612) may reflect the continued enthusiasm of funds for growth stocks. Recently, the growth sector led by the gem in the A-share market also has a trend of gradually outperforming the market. Last week, the gem index rose more than 5%, and the Shanghai index rose less than 3%. A number of growth sectors rebounded sharply, and the indexes of power equipment, national defense and military industry, automobile and other sectors have soared by more than 20% since April 27.
Haitong International believes that the bottom area of the market is now under repair, and the growth stage represented by the new infrastructure (digital economy and low-carbon economy) is better. The main logic lies in: 1. Policy: on April 26, the China Finance Commission clearly strengthened infrastructure, and the growth rate of new infrastructure investment was faster. 2. Fundamentals: the first quarterly profit of new infrastructure increased faster, and peg has higher cost performance. 3. Market: the growth industry has oversold, and the trading situation shows that the heat is low. 4. The correlation between Chinese and American interest rates and styles is low. Historical experience shows that the growth stocks of US stocks may not lose in the upward stage of US bond interest rates.
north to the capital to copy the bottom of these high growth stocks
In the short term, northbound funds also increased their holdings of growth stocks by a large margin yesterday. Among the growth stocks with a market value of more than 100 million yuan, the largest increase in market value is Contemporary Amperex Technology Co.Limited(300750) , with the latest shareholding of 175 million shares, an increase of 1.03% month on month, an increase in market value of 751 million yuan, followed by Longji green energy, with an increase in market value of 355 million yuan. In addition, Ganfeng Lithium Co.Ltd(002460) , Byd Company Limited(002594) , Yunnan Energy New Material Co.Ltd(002812) , Will Semiconductor Co.Ltd.Shanghai(603501) , Starpower Semiconductor Ltd(603290) , Tongwei Co.Ltd(600438) and other individual shares have increased their market value by more than 100 million yuan.
Since the rebound, northbound funds have increased their holdings of growth stocks even more. According to the rough statistics of securities times · databao, according to the shareholding change and average transaction price, more than 30 growth stocks have gained more than 150 million yuan of northward capital since April 27. Among them, Shenzhen Inovance Technology Co.Ltd(300124) , with the highest amount of increase, exceeding 1.4 billion yuan. Followed by Longji green energy, with an increase of more than 1.3 billion yuan. In addition, Nari Technology Co.Ltd(600406) , Goertek Inc(002241) , Byd Company Limited(002594) and other individual shares were increased by more than 600 million yuan.
With the growth of the next two years coming from the growth of the next two years from the growth of the next two years from the growth of the next two years from the perspective of the growth of the next two years from the growth of ‘ ‘ \ and other stock institutions unanimously predict that the growth rate of net profit this year and next will exceed 20%. From the perspective of valuation, Tbea Co.Ltd(600089) this year’s predicted P / E ratio is 8.14 times, the lowest in the list, and the predicted P / E ratios of Tongwei Co.Ltd(600438) , Han’S Laser Technology Industry Group Co.Ltd(002008) , Jcet Group Co.Ltd(600584) and other stocks are lower than 15 times.
