Incremental funds coming? A-share market capitalization returned to 500 billion yuan

category:Finance
 Incremental funds coming? A-share market capitalization returned to 500 billion yuan


(Pictures from the 910 Market Emotion Function of Wind Financial Terminal)

The whole line is up! The market value of Kechuang board returns to 500 billion yuan

On Wednesday, Kechuang stock rose all the way after opening, becoming an important force to lead the trend of A shares. By the end of the day, 25 companies were up 11.39% on average, with a turnover of 22.8 billion yuan, which was comparable to yesterdays.

Specifically, Fuguang shares, the biggest gainer, rose 49.36% and 56.70% in the market; Wald rose 34.76%, traffic control technology rose 26.32%. Platinum, Guangfeng, Hanchuan Intelligence, Tianyi Shangjiao and Aerospace Hongtu all rose more than 10%.

Judging from the market value, the market value of Kechuang stock market returned to 500 billion yuan on Wednesday. Wind data show that as of the closing date, the total market value of 25 KPI boards was 513.6 billion yuan and the circulation market value was 67.1 billion yuan. On the first day, the total market value of KPI boards reached 529.3 billion yuan and fell to 482.2 billion yuan the next day.

On the market, in the Wind theme industry, the communications and electronic components industry rose the most, with an increase of more than 2%; computer rose 1.87% ranked third, with GQY video, Huasheng Tiancheng, Hanbang Gaoke and other stocks rising and stopping.

For the current A-share market, Tianfeng Securities said that technology stocks are expected to dominate in the third quarter, with the opening of the Kechuang board and the fall of inflation, providing a window for risk preference and liquidity improvement.

Haitong Securities said the market was preparing for a second wave of gains. The Shanghai Composite Index 2440 points is the bull market reversal point. The adjustment since 3288 points belongs to the withdrawal after the first stage of the bull market rise. At present, it is entering the end of the adjustment, and the market is preparing for the second wave of rise. Drawing lessons from history, the second wave of bull market rise needs the resonance of fundamentals and policies, the policy margin is more relaxed and clear in the middle and late third quarter, and the inventory cycle shows that the fundamentals are bottoming out in the third quarter. Patience should be maintained in the stage of growing momentum. Science and technology + securities firms should attack, and core assets should be allocated as basic assets.

Accelerated Return of Overseas Funds

On July 24, the northward net inflow of funds representing overseas funds was 2.05 billion yuan, of which 1.187 billion yuan was from Shanghai Stock Exchange. In July, the total net inflow of northward funds was 9.452 billion yuan, showing a net inflow trend for two consecutive months.

(Pictures from the Wind Financial Terminal SHSC Shanghai, Shenzhen and Hong Kong Traffic Monitoring Function)

From the point of view of the change in the proportion of holdings, compared with the beginning of July, the top five industries with the largest increase in the proportion of holdings were capital goods, real estate, durable goods and clothing, banking and health care, with growth rates of 0.61%, 0.37%, 0.16%, 0.12% and 0.09%, respectively.

At the same time, the market value of positions in food and beverage, insurance and transportation industries declined the most, which were - 0.33%, 0.21% and - 0.18% respectively.

For the current A-share market, Haitong Securities said that the market is ready for the second wave of rise. The Shanghai Composite Index 2440 points is the bull market reversal point. The adjustment since 3288 points belongs to the withdrawal after the first stage of the bull market rise. At present, it is entering the end of the adjustment, and the market is preparing for the second wave of rise. Drawing lessons from history, the second wave of bull market rise needs the resonance of fundamentals and policies, the policy margin is more relaxed and clear in the middle and late third quarter, and the inventory cycle shows that the fundamentals are bottoming out in the third quarter. Patience should be maintained in the stage of growing momentum. Science and technology + securities firms should attack, and core assets should be allocated as basic assets. In addition, in the second half of this year, a large number of predictable funds will enter the A-share market, including pensions, foreign capital and other institutional funds. Fu Lichun, Director of Northeast Securities Research, said that the new amount of capital is valuable to the market. Especially, insurance investment has the characteristics of long-term capital and value investment in investment style, which is conducive to the upgrading and optimization of A-share market. In addition, the entry of incremental funds can also bring more confidence to the expected level of the market. Source: Wind Information Responsible Editor: Yang Qian_NF4425

For the current A-share market, Haitong Securities said that the market is ready for the second wave of rise. The Shanghai Composite Index 2440 points is the bull market reversal point. The adjustment since 3288 points belongs to the withdrawal after the first stage of the bull market rise. At present, it is entering the end of the adjustment, and the market is preparing for the second wave of rise. Drawing lessons from history, the second wave of bull market rise needs the resonance of fundamentals and policies, the policy margin is more relaxed and clear in the middle and late third quarter, and the inventory cycle shows that the fundamentals are bottoming out in the third quarter. Patience should be maintained in the stage of growing momentum. Science and technology + securities firms should attack, and core assets should be allocated as basic assets.

In addition, in the second half of this year, a large number of predictable funds will enter the A-share market, including pensions, foreign capital and other institutional funds.

Fu Lichun, Director of Northeast Securities Research, said that the new amount of capital is valuable to the market. Especially, insurance investment has the characteristics of long-term capital and value investment in investment style, which is conducive to the upgrading and optimization of A-share market. In addition, the entry of incremental funds can also bring more confidence to the expected level of the market.