The A-share market reappeared and was bought by funds going north. Last week, northbound funds bought a net 7.445 billion yuan, of which Estun Automation Co.Ltd(002747) bought a net 544 million yuan, with a weekly increase of 11.64%. Due to the substantial increase of funds going north, Estun Automation Co.Ltd(002747) foreign capital (including QFII, rqfii, etc.) holds a total of 243 million shares, more than 28% of the total share capital. According to relevant regulations, since last Friday, foreign investors will be prohibited from buying Estun Automation Co.Ltd(002747) and can only sell unilaterally. Normal buying can not be resumed until the foreign shareholding falls below 26% of the total share capital.
From the industry sector, undervalued stocks are favored by funds going north. Northbound capital bought more than 5.4 billion yuan of banks last week, significantly ahead of other industries; The net purchase of electrical equipment exceeded 3.5 billion yuan and the net purchase of non-ferrous metals was nearly 2.9 billion yuan, ranking second and third in the industry respectively. Beishang capital sold nearly 3 billion yuan of medicine and biology last week, which is the only industry with a net sales of more than 1 billion yuan; 12 industries such as computers, household appliances, public utilities and real estate were also net sold by funds going north last week, exceeding 100 million yuan.
Siasun Robot&Automation Co.Ltd(300024) concept stocks received the focus of northbound funds last week. Take Nari Technology Co.Ltd(600406) as an example, Beishang capital spent more than 1.5 billion yuan last week to increase its holdings of Nari Technology Co.Ltd(600406) 3857 shares, which was the largest net purchase of stocks last week. Its total holdings reached 754 million shares and its total stock market value reached 29.8 billion yuan, becoming the 16th largest heavy position stock of Beishang capital.
The Estun Automation Co.Ltd(002747) bought by northbound funds is also a Siasun Robot&Automation Co.Ltd(300024) concept stock.
