Bank turn over, bull stock crash and a big news of refinancing

category:Finance
 Bank turn over, bull stock crash and a big news of refinancing


At the same time, from the industry growth point of view, banks, insurance, real estate and other defensive sectors led the rise. In fact, from the perspective of valuation, the overall P / E ratio of Finance and real estate is less than 10 times, which also has obvious comparative advantages.

Smart money has been laid out ahead of time

As one of the wind vane of A-share market, Beishang capital has begun to lay out bank shares in advance as early as the beginning of this month and even in October. From the perspective of the recent shareholding of Shanghai Shenzhen Hong Kong stock connect of the five major state-owned banks, the shareholding ratio has increased significantly. And this round of shareholding changes are very similar to the wave of shareholding changes in early July.

The cattle and stocks collapse together

The net outflow of main funds was about 19 billion yuan

At the same time of market style switching, we can also see obvious capital changes. From the perspective of capital flow of the industry on November 18, the cumulative net outflow was about 19 billion yuan, of which the net outflow of daily consumption, optional consumption, information technology, medical care and industrial sectors was about 4 billion yuan; only the financial sector had a net inflow of more than 4 billion yuan, and the rest of the board had a small capital change.

The balance of the two financing increased by 90 billion yuan

In recent days, the balance of the two financing remained volatile and rising. As of Tuesday (November 17), the balance of A-share margin trading was 1563.284 billion yuan, an increase of 2.605 billion yuan compared with 1566.679 billion yuan of the previous trading day. At the end of September, the balance of the two financial services was 1.47 trillion yuan. After the national day, the balance rose rapidly, with an accumulative increase of more than 90 billion yuan.

At the same time, the financing balance of some companies also increased rapidly. Wind statistics show that in the first two days of this week, the financing balance of 33 stocks increased by more than 10%, and the latest financing balance exceeded 200 million yuan, accounting for more than 1% of the current market value. Specifically, the growth rate of Changan Automobile capital balance was 97%, ranking first; in addition, the growth rate of financing balance of aimike, Xinjiang Zhonghe, Ruike laser, Binglun environment, Guangxin, Qianhe flavor industry, jinhuijiu, Western materials, Xinan shares, CNKI titanium dioxide and other companies increased by more than 15%.

The Council of social security fund carries out refinancing and lending business for self managed fund positions

According to the 21st century economic report, on November 18, the National Council of social security funds (hereinafter referred to as the Social Security Council) officially launched the refinancing securities lending business for its own management of funds, which will be carried out through four brokers. The subject matter of the loan is the 300 shares of Shanghai and Shenzhen held by the Social Security Fund Council, of which two agents are Shenwan Hongyuan and Societe Generale Securities.

According to the analysis of insiders, before that, the funds managed by public offering institutions entrusted by the social security fund lent their positions to individual stocks. Since June 2019, public funds have gained considerable profits from participating in refinancing. Part of the positions entrusted by social security for public offering management have also participated in securities lending, which has increased the income. This demonstration may open up an innovative way for the Council to manage funds by itself. According to the industry insiders, the Social Security Council launched the refinancing business at this time, which shows that it believes that the current market sentiment is stable and optimistic, and it is an opportunity to carry out innovative business. At the beginning of February, the market sentiment was very bad. In order to maintain market stability, the regulatory window instructed many securities companies not to make unilateral short positions. Now the Social Security Council has released its shareholding to carry out refinancing, which shows that they believe that the current market sentiment and conditions can accommodate innovation. The industry said. Source: Wind Information Editor: Yang Qian_ NF4425

According to the analysis of insiders, before that, the funds managed by public offering institutions entrusted by the social security fund lent their positions to individual stocks. Since June 2019, public funds have gained considerable profits from participating in refinancing. Part of the positions entrusted by social security for public offering management have also participated in securities lending, which has increased the income. This demonstration may open up an innovative way for the Council to manage funds by itself.

According to the industry insiders, the Social Security Council launched the refinancing business at this time, which shows that it believes that the current market sentiment is stable and optimistic, and it is an opportunity to carry out innovative business.

At the beginning of February, the market sentiment was very bad. In order to maintain market stability, the regulatory window instructed many securities companies not to make unilateral short positions. Now the Social Security Council has released its shareholding to carry out refinancing, which shows that they believe that the current market sentiment and conditions can accommodate innovation. The industry said.