Since April, insurance funds have conducted a total of 1982 surveys on A-share listed companies, nearly doubling compared with the same period last year, accounting for 57% of the total number of surveys this year. The two sectors of electronics, medicine and biology are most concerned by insurance funds. Among the top 20 companies most surveyed by insurance funds, the electronics sector has 6 seats. Luxshare Precision Industry Co.Ltd(002475) , shengmei Shanghai, Unigroup Guoxin Microelectronics Co.Ltd(002049) , Shenzhen Transsion Holdings Co.Ltd(688036) 4 companies have been surveyed by insurance funds more than 20 times this year. The pharmaceutical and biological companies most concerned by insurance funds are Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) and Shanghai Junshi Biosciences Co.Ltd(688180) .
Since the second quarter, the pace of insurance capital research has increased significantly. Data show that since April, insurance funds have investigated A-share listed companies for a total of 1982 times, nearly doubling compared with the same period last year, accounting for 57% of the cumulative number of investigations this year.
A number of asset managers interviewed said that at present, the characteristics of the policy bottom and market bottom of the A-share market have appeared, and they have configuration value. Especially since the end of April, the stock market has shown signs of recovery. Some insurance funds have formulated plans to increase their positions and will bargain hunting in key areas.
From the data, the two sectors of electronics, medicine and biology are most concerned by insurance funds. Since April, among the top 20 companies surveyed by insurance funds, the electronics sector has occupied 6 seats Luxshare Precision Industry Co.Ltd(002475) , shengmei Shanghai, Unigroup Guoxin Microelectronics Co.Ltd(002049) , Shenzhen Transsion Holdings Co.Ltd(688036) and Shenzhen Transsion Holdings Co.Ltd(688036) were surveyed by insurance capital more than 20 times this year, of which Unigroup Guoxin Microelectronics Co.Ltd(002049) was the most concerned by insurance capital since the second quarter. According to the overall survey data since this year, the electronics sector has also attracted the most attention. Since April, the pharmaceutical and biological companies most concerned by insurance funds are Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) and Shanghai Junshi Biosciences Co.Ltd(688180) .
According to the data, since April, insurance capital has investigated 570 companies. A financial analyst said that based on the number of companies surveyed / the total number of enterprises in the industry, the coverage ratio of A-share companies surveyed by insurance funds has been about 11.85% since April. Among the 443 companies in the pharmaceutical and biological sector, 76 companies have been investigated by insurance funds since April, with a coverage rate of 17.2%, which fully reflects the high attention of insurance funds to the pharmaceutical and biological sector.
“From the perspective of coverage ratio, since April, the coverage ratio of beauty care, banking, electronics, computer, national defense and military industry has ranked high, while the coverage ratio of petroleum and petrochemical, non bank finance, coal, comprehensive, commerce and retail and other industries is low.” These financial analysts said.
From the perspective of venture capital itself, the research enthusiasm of different institutions varies greatly. Data show that since April, a total of 115 insurance companies have conducted research on A-share companies. Among them, Guoshou pension, Changjiang pension, Guohua life insurance and Ping An pension continued their research enthusiasm since the beginning of the year. The number of research accounted for the first four, with more than 100 times in the year, and the number of research companies reached 136, 118, 124 and 108 respectively.
Of course, hard-working insurance capital is only a minority. According to the data, 70 insurance companies have investigated less than 10 times since April, of which 25 have only investigated once. On the whole, since April, the number of research on insurance capital has focused on 20 to 50 times.
The research ideas of insurance capital also have their own preferences. For example, China UK life prefers bank stocks, and the three companies with the highest attention are Jiangsu Zhangjiagang Rural Commercial Bank Co.Ltd(002839) , Jiangsu Jiangyin Rural Commercial Bank Co.Ltd(002807) , Bank Of Suzhou Co.Ltd(002966) . Guoshou pension, which has been investigated the most times, is now paying more attention to the clothing industry, Zhejiang Weixing Industrial Development Co.Ltd(002003) , Chow Tai Seng Jewellery Company Limited(002867) are its key research objects.
From the survey records, insurance funds are quite concerned about the impact of the epidemic on the investigated listed companies. Taking Zhejiang Weixing Industrial Development Co.Ltd(002003) as an example, the survey insurance funds mostly mentioned the epidemic situation and other influencing factors. Recently, Zhejiang Weixing Industrial Development Co.Ltd(002003) downstream brand customers are cautious in placing orders, and Chinese clothing brands are under short-term pressure in receiving orders.
