This week, the style of capital increase in the north takes “steady growth” as the main line.
northward capital added nearly 30 billion yuan of A-Shares against the market
According to the statistics of securities times · databao, this week, the A-share market received a net purchase of 29.197 billion yuan of funds going north, including a net inflow of 19.735 billion yuan from Shanghai Stock connect and 9.462 billion yuan from Shenzhen Stock connect. The stock indexes of the two cities fell continuously on Thursday and Friday. Northbound funds took the opportunity to raise funds. Thursday was the first net purchase of more than 10 billion yuan by northbound funds this year.
In terms of the industry, this week’s northward capital increase style takes “steady growth” as the main line, and the industries with the highest month on month increase in shareholding include national defense and military industry, architectural decoration, banking, real estate, coal, non bank finance, petroleum and petrochemical, all exceeding 3%. Comprehensive, textile and clothing, agriculture, forestry, animal husbandry and fishery and basic chemical industries were reduced by funds going north.
The policy of “steady growth” occurred frequently this week. On January 18, the national development and Reform Commission said that in the face of downside risks, investment in infrastructure and manufacturing industry will move forward. It is expected that the growth rate of infrastructure investment in 2022 will reach more than 5%; The State Council issued the development plan of modern comprehensive transportation system in the 14th five year plan, and REITs in the field of infrastructure may accelerate the pilot; On January 20, the 1-year and 5-year LPR decreased. Affected by the favorable policies, the coal, building decoration, non bank finance and real estate industries all increased significantly this week.
The electronic industry was reduced by funds going north for four consecutive weeks. During this period, the shareholding of many panel shares decreased, including Tcl Technology Group Corporation(000100) , Wuhu Token Sciences Co.Ltd(300088) , Boe Technology Group Co.Ltd(000725) . Since the third quarter of 2021, the panel price has fallen sharply, approaching the cash cost line of the panel factory, and the 32 inch panel price has fallen by more than 50%.
bank shares have been greatly increased by going north
Data treasure statistics show that a total of 42 shares boarded the list of active capital transactions in the north this week. In terms of industry, among the stocks on the list, food and beverage, electrical equipment, non bank finance and banking have a turnover of more than 10 billion yuan; Among them, banks received the most net purchases, totaling 5.966 billion yuan, and pharmaceutical and biological net sales, totaling 1.272 billion yuan. On Wednesday, only pharmaceutical and biological stocks were net sold by funds going north, including Wuxi Apptec Co.Ltd(603259) , Aier Eye Hospital Group Co.Ltd(300015) , Jiangsu Hengrui Medicine Co.Ltd(600276) .
This week, the net purchase of northbound funds was dominated by financial stocks, China Merchants Bank Co.Ltd(600036) , Ping An Insurance (Group) Company Of China Ltd(601318) , Ping An Bank Co.Ltd(000001) were among the top in the net purchase of northbound funds, of which China Merchants Bank Co.Ltd(600036) received a net purchase of 4.774 billion yuan, ranking first. In terms of news, the guiding opinions on the digital transformation of banking and insurance industry formulated by the China Banking and Insurance Regulatory Commission was officially issued to the China Banking and Insurance Regulatory Bureau and banking and insurance institutions recently. The opinions mentioned that the digital transformation of banking and insurance industry will achieve remarkable results by 2025. Digital financial products and services have been widely popularized, financial innovation based on data assets and digital technology has been put into orderly practice, the development capacity of personalized, differentiated and customized products and services has been significantly enhanced, and the quality and efficiency of financial services have been significantly improved. The transformation process of the financial industry is expected to be deeply promoted and catalyze the release of industrial dividends.
According to the statistics of data treasure, in terms of the range of position increase, there were 18 shares with a month on month increase of more than 100% this week. The largest month on month increase was Kangmei Pharmaceutical Co.Ltd(600518) . Northbound capital recently held 20.716 million shares, with a month on month increase of 1259.35%; Followed by Jiangsu Chuanzhiboke Education Technology Co.Ltd(003032) , Amlogic (Shanghai) Co.Ltd(688099) , with a month on month increase of 280.16% and 269.29%.
In terms of market performance, there were many stocks with significant correction in the capital increase in the north this week, and the shareholding doubled, with an average decline of 6.74%. Shenzhen Fortune Trend Technology Co.Ltd(688318) , Eastroc Beverage (Group) Co.Ltd(605499) led the increase, rising by 14.53% and 12.36% respectively, Zhejiang Orient Gene Biotech Co.Ltd(688298) , Shenzhen Bioeasy Biotechnology Co.Ltd(300942) , Phichem Corporation(300398) retreated sharply, of which Zhejiang Orient Gene Biotech Co.Ltd(688298) fell by more than 40% this week, and the shareholding of northbound capital increased by 150.22%.
Eight northbound capital overweight stocks have announced the performance forecast for 2021, of which 6 are pre increase. From the lower limit of year-on-year increase in net profit, Amlogic (Shanghai) Co.Ltd(688099) is expected to increase the most, and the net profit attributable to the parent company is expected to be 780-840 million yuan, with a year-on-year increase of 579.24% to 631.49%, mainly due to the rapid growth of shipments of intelligent set-top box chips and AI audio and video system terminal chips, The shipments of chips and WiFi Bluetooth chips applied to on-board infotainment systems, Siasun Robot&Automation Co.Ltd(300024) and other scenarios have increased significantly, and the annual net profit has increased significantly in 2021.
There are Tianjin Futong Information Science&Technology Co.Ltd(000836) , Yunnan Shennong Agricultural Industry Group Co.Ltd(605296) , Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co.Ltd(688505) , Hebei Huijin Group Co.Ltd(300368) with significant reduction in northbound capital holdings. The shareholding ratio decreased by more than 70% month on month. Among them, the number of shares held by Tianjin Futong Information Science&Technology Co.Ltd(000836) decreased by 97.65%, and Tianjin Futong Information Science&Technology Co.Ltd(000836) rose the limit on Monday and Tuesday, and then fell rapidly, reaching 21.66% in three trading days. The announcement shows that Tianjin Futong Information Science&Technology Co.Ltd(000836) lost 47 million yuan in the first three quarters, Mainly because of the rise in the price of some raw materials.
the clean heating faucet has been funded northward for 11 consecutive weeks
According to the statistics of data treasure, a total of 20 shares have been increased by Beishang capital for seven consecutive weeks. From the number of increased shares, China State Construction Engineering Corporation Limited(601668) , Ping An Insurance (Group) Company Of China Ltd(601318) , Haitong Securities Company Limited(600837) have the largest number of increased shares by Beishang capital, with 497 million shares, 141 million shares and 120 million shares respectively. Most of the continuously increased shares are financial stocks and traditional Chinese medicine stocks.
Among the continuously increased positions, only 4 shares have been increased by Beishang capital for 11 consecutive weeks, which represents that Beishang capital is optimistic about the company’s shares for a long time, including Luenmei Quantum Co.Ltd(600167) , Wingtech Technology Co.Ltd(600745) , Will Semiconductor Co.Ltd.Shanghai(603501) , Yunnan Energy New Material Co.Ltd(002812) . The valuation of Luenmei Quantum Co.Ltd(600167) is the lowest, and the latest rolling P / E ratio is 15.65 times. The company recently completed share repurchase, during which 25279000 shares were repurchased with RMB 250 million, demonstrating the company’s confidence in future development.
It is reported that Luenmei Quantum Co.Ltd(600167) has rich technology accumulation and market foundation in the field of clean energy business. The company is transforming and upgrading to comprehensive energy business and actively exploring the layout of hydrogen energy industry chain: actively exploring the establishment of standards, solutions and business model from upstream hydrogen production, midstream hydrogen transmission and downstream hydrogen consumption, Promote the landing and implementation of hydrogen energy in the energy field.
In terms of market performance, the capital stock of Beishang capital increased continuously, with an average decline of 2.79%, with Zhejiang Yongtai Technology Co .Ltd(002326) falling by 24.25%, leading the decline, China State Construction Engineering Corporation Limited(601668) , Ping An Insurance (Group) Company Of China Ltd(601318) , Yunnan Energy New Material Co.Ltd(002812) rising by 6.18%, 4.79% and 4.16% respectively.
