This week, a shares continue to continue the performance of last week, the market presents obvious Shanghai strong deep weak, main board strong gem weak. At present, the market differentiation is obvious, and the technology stocks are weakening, which makes the gem index perform poorly; the financial and cyclical stocks are stronger, and the Shanghai index is significantly higher.
Although the performance of a shares is inferior to other markets, northbound funds continue to flow in, which has been net inflow for the fourth consecutive week. According to the statistics of the securities times and data treasure, the total net inflow of capital from Beishang this week reached 16.85 billion yuan, which was accelerated compared with the previous two weeks. The cumulative net inflow of Shanghai Stock connect was 11.509 billion yuan, and that of Shenzhen Stock connect was 5.341 billion yuan.
There is still the last trading day in November, but the accumulated inflow of funds from Beishang this month has reached 52.99 billion yuan, accounting for 36% of the total inflow of 146.7 billion yuan this year. The inflow amount within the year is second only to 53.2 billion yuan in April. This is also Beishang capital in August, September, October after three months of low tide, again a large increase in holdings of a shares.
11 Shenwan industries were reduced by Beishang capital, with the textile and clothing industry having the most obvious reduction. This week, Beishang capital held 189 million shares of the industry, down 4.15% month on month. The industries with more reduced positions also included construction materials, media, computer, communication and other industries.
Mining has been the third consecutive week to win the top of the list, steel is also among the top, this weeks market style switching continues, pro cyclical stocks become the hot topic of funds.
Financial stocks become the key target of smart capital
A total of 33 stocks were listed on the active trading list this week. In terms of their industries, electrical equipment, electronics and other industries were the most concentrated, with 4 stocks on the list. The largest amount of transaction was Maotai, Guizhou, with a total turnover of 9.198 billion yuan this week; followed by Ping An of China, with an accumulated transaction amount of 7.716 billion yuan; and BYD and Wuliangye were also higher.
According to the statistics of the net purchase and sale amount of Beishang capital, there are 22 stocks on the list this week, with Gree Electric appliance having the largest net purchase amount. The net purchase amount of this week is 1.965 billion yuan, which has been net bought for 7 consecutive trading days, and has been purchased for 6.032 billion yuan in the past month. Gree Electrics share price hit a record high last week, this weeks shock consolidation, the latest market value of 400 billion yuan.
Secondly, Ping An and Hengrui Pharmaceutical Co., Ltd., with a net purchase amount of 1.652 billion yuan and 1.082 billion yuan respectively. Among the net selling stocks, Wuliangye had the largest net sales amount, with a net sales volume of 1.066 billion yuan this week. Compared with other liquor stocks, Wuliangyes share price has declined significantly since it reached a record high last week. This week, Wuliangyes stock price fell by 2.3%, and its market value was close to trillion yuan. However, Wuliangye is still the highest individual stock in Shenzhen market.
In terms of capital flow, 13 active equity stocks received net inflow of main funds each week. ICBC had the largest net inflow of capital, and the net inflow of main capital was 2.429 billion yuan. Ping An and China Taibao ranked first in the net inflow of main capital. There were 20 stocks with the main capital outflow, and BYD had the largest net outflow of funds, with a net outflow of 2.407 billion yuan.
Financial stocks are hot, on the one hand, because of the technology stocks rose after the valuation repair. At the end of the year, the main focus of the year is to lock in the annual return, which makes the margin of risk preference fall. The plate with higher valuation may not be the choice, while the plate with low valuation and stagflation is more likely to become the main target of choice. According to the data, since the third quarter of last year, the proportion of financial stock market value has decreased for five consecutive quarters, from 19.71% in the second quarter of last year to 12.91% at the end of the third quarter of this year, with a cumulative decrease of 6.8 percentage points. Since the fourth quarter of this year, financial stocks bottomed out and rebounded. The latest market value accounted for 13.99%, an increase of 1.08 percentage points compared with the end of the third quarter.
On the other hand, the economic recovery is expected to continue to increase, and the recovery of the profitability of enterprises in the future will also drive the profits of financial enterprises in reverse. From this years three quarterly reports, the fundamentals of bank stocks are good and the performance guarantee is large. At the same time, the credit risk of banks is actually declining, which has sufficient medium and long-term investment value.
This week, there were 678 stocks added by Beishang capital. In terms of the proportion of increased shares in the circulating shares, 50 stocks were increased by more than 0.5%. In the automobile sector, cobda has the largest proportion of additional positions, with the latest holding of 3.063 million shares, accounting for 3.14% of the current shares; followed by Xuji Electric, with an increase rate of 2.36%; other companies with the largest increase in position are Chenming paper, Zhenghai magnetic materials, Zhongke Chuangda, etc.
From the market performance point of view, this week Beishang capital positions in the top 20 stocks, 14 stocks rose, 6 shares fell. The share price of the company rose 15.7% this week, ranking the first. Other top gainers were Yanzhou coal, Xuji Electric, Zhenghai magnetic materials and duofuduo.
Automobile is one of the hottest plates in the near future, and many auto stocks get the focus of the market. Cobda focuses on the R & D, production and sales of automotive electronic products such as automotive lighting control system, motor control system, energy management system, vehicle electrical appliances, etc. Cobda is one of the few Chinese companies that have entered the global supporting system of international well-known vehicle manufacturers and developed automotive electronic components simultaneously. On November 26, cobda acquired 185300 shares purchased by foreign investors, accounting for 0.46% of the current market, and the top ten mainland stocks increased their positions on the list.
Beishang capital added 17 shares in a row for seven weeks
Data treasure statistics show that Beishang capital has bought 142 shares for four consecutive weeks. In terms of industry, chemical industry has more stocks, with 17.
To lengthen the time, 17 shares were added by northbound capital for seven consecutive weeks. According to the change of shareholding proportion, Tang Shin Pei Jian has the largest increase in position, accounting for 6.63% of the circulating shares compared with seven weeks ago; other continuous positions have been increased by Fangda special steel, Meiya optoelectronics, guoci materials, Gree Electric appliances, etc.
From the perspective of market performance, among the seven consecutive weeks of Beishang capital, 6 stocks rose this week, Anshan Iron and Steel Co., Ltd. rose by 9.06% and Hengli hydraulic increased by 2.68%.
Northbound funds continue to reduce these stocks
From the change of shareholding ratio, compared with four weeks ago, the proportion of 28 shares reduced by more than 1 percentage point. Guanghuan new net had the largest reduction of positions, 4.36 percentage points lower than that four weeks ago. Other large reduction of positions were made by kailitai, Wanfu biology and Hongqi chain.
From the market performance point of view, Beishang capital four consecutive weeks of stock positions, this week, 25 stocks rose. The biggest increase was Riyue shares, which rose 12.08% this week, while Dinglong shares and Kangchen Pharmaceutical Co., Ltd. also increased more. In the continuous reduction of shareholding, kailitai, pan micro network, etc. (Wang Linpeng, databao)
Source: Securities Times editor in charge: Yang Bin_ NF4368