A million hands closed down limit, bull stocks cut back for 8 days, more than 100 billion market value stocks fell sharply

category:Finance
 A million hands closed down limit, bull stocks cut back for 8 days, more than 100 billion market value stocks fell sharply


Yesterday evening, Rendong holdings issued a notice of abnormal fluctuations in stock trading, saying that in addition to the previously disclosed information about the change of owners, there is no information that should be disclosed but not disclosed. Since May 5, the companys stock price has been down for 1.1 billion yuan. Today, Rendong holding still fell to the limit at the beginning of the day, with more than one million orders sealed. In a short period of eight trading days, the stock price has been cut.

Once upon a time, Rendong holdings was a slow Bull Stock in the A-share market. Its share price rose for 10 consecutive months, with the largest increase of more than 4 times this year. Success is nothing but defeat. The rise in the companys share price is due to the potential benefits of selling to SASAC, and the stock price collapse is also due to this. On November 18, Rendong holdings announced that the management agreement on voting rights signed by the shareholder Rendong information and haikejin expired one year, and the two parties would not renew it. The actual controller of the company was changed back to Huo Dong, a natural person. Since then, the stock began to collapse.

More than 100 billion market value stocks fell sharply

This morning, the pro cyclical plate set off a tide again. Including Hongda shares, Xining Special Steel, Bank of Qingdao and other more than 10 shares trading limit. It is found that these trading Pro cyclical stocks are mainly concentrated in low price stocks with small market value and relatively low stocks. For example, the Bank of Qingdao, which keeps trading, belongs to the small market value stock in the bank shares; Hongda shares, a low price stock in the non-ferrous metal industry; Taiyuan Heavy Industry Co., Ltd., is a relatively low-end stock in the construction machinery industry, and is also a low-cost stock.

Northbound capital to increase the pro cyclical leading stocks

Pro cyclical plate warm thick, more and more securities companies also began to look good. New era Securities believes that the pro cyclical main line benefiting from the economic recovery is the main line that is most likely to lead the rise in the next quarter or two, and may even exceed expectations. From the end of 2008 to the beginning of 2011 and from 2016 to 2017, the characteristics of cyclical stock market tell us that the first wave of cycle stock market is most worth participating in, and may last until the middle of 2021. In terms of plate, the most optimistic about nonferrous metals and chemical industry: on the one hand, the commodity with the largest price increase in the previous round is generally weak in the next round. On the other hand, in this round of demand cycle, the upward space of infrastructure and real estate is small, while the upward space of global consumption and manufacturing investment is larger, and the demand of nonferrous metals and chemical industry is relatively more beneficial.

Beishang capital has increased its holdings of Pro cyclical stocks since November. According to the statistics of the securities times and data treasure, according to the rough calculation of the average transaction price since November, more than 100 shares have obtained capital increase of more than 100 million yuan. Among them, Ping An of China was increased by more than 3.9 billion yuan, and several stocks such as China Merchants Bank, Baosteel Co., Ltd., pioneer intelligence and Hengli Hydraulic Co., Ltd. increased their holdings by more than 1 billion yuan. It is worth mentioning that among the pro cyclical stocks with more than 100 million yuan held by Beishang capital, the growth rate of some stocks is not obvious. Haitong Securities has increased by less than 1% since November, and many individual stocks such as Bank of communications and Bank of China have increased by less than 10%. These are still in the low Pro cyclical stocks, can make up, and wait to see.

Statement: all information in data bank does not constitute investment advice. Stock market is risky and investment should be cautious.

Source: Securities Times editor in charge: Yang Bin_ NF4368