In June, the net inflow of funds from Beijing to the north was nearly 30 billion, and food, beverages and banks were laid out.
Our reporter Zhang Ying 2881.
At 97 points, the Shanghai Composite Index ended at 0 yesterday.
The 99% drop closed.
Since this week, the Shanghai Stock Index has gradually increased by 1.
92%, however, it gradually decreased by 0 during the month.
In the broad market fluctuations around 2900 points, the northward capital that has been referred to by the market as “smart funds” has opened a buy-buy model and has become one of the important forces in the A-share market.
”Securities Daily” reporter based on the flush straight iFinD data statistics, in the nine trading days since June, the total net inflow of northbound funds was 296.
Among them, the total net inflow of Shanghai Stock Connect reached 229.
The total net inflow of Shenzhen Stock Exchange was US $ 3.6 billion.
6.6 billion US dollars, showing a net inflow situation for 8 days, only slightly alternating this Friday2.
8.9 billion yuan.
From the perspective of the influence of Beijing Capital on the market in 2019, in January and February of this year, the capital of Beijing Capital was the largest, with net purchases exceeding 60 billion yuan, and a decrease of less than USD 5 billion in March.At the same time as the influx of funds, A shares also opened a wave of short-term bull markets. In the first quarter, the Shanghai Stock Index gradually increased by 23.
Subsequently, in April, the capital of the Northbound began to show a change. In May, it exceeded the freezing point and the net sales amount was 536.
In the same period, the Shanghai Composite Index fell by 5 in May over the same period.
Beginning in 南宁桑拿 June, Beijing’s attitude toward funding has turned positive.
Some analysts said that if the purchase of Kitakami funds was the cause of the early index rebound, then from April, the conversion of this part of the funds continued until the end of May, and the corresponding A-share index began nearly two months.The decline suddenly coincided.
Of course, the reasons for the decline must be other factors, but judging from the degree of correlation between the two, we have to admire the “smartness” of going northward.
In the near term, the shift of Beijing’s capital to net inflows means selling pressure adjustment for A shares.
CITIC Securities said that the net purchase of funds from Beishang Capital last week was 9.6 billion U.S. dollars, which only ended 4 consecutive weeks of net sales and also reached a new high of net purchases in a week in 3 months.
The improvement, loose liquidity is expected to bring about an improvement in the risk of overseas funds; gradually, after the market is fully adjusted, the foreign capital’s recognition of the market’s current estimates is also increasing.
The overall trend of Beijing Capital has not only attracted the attention of market participants, but its specific investment layout for individual stocks has also become the focus.
In terms of the net purchase amount of Kitakami funds, a total of 27 stocks have shown a net inflow of Kitakami funds since June, with a total net inflow of 117.
300 million yuan.
Among them, Guizhou Moutai, Ping An of China, China Merchants Bank, Conch Cement, ZTE, and Industrial Bank all obtained more than 600 million funds to go north during this period, and Guizhou Moutai was 28.
Net inflows of 6.8 billion yuan topped the list.
In addition, 13 stocks including Vanke A, Wuliangye, Yili, Wen’s, Ping An Bank, Daqin Railway, Yanghe Stock, Bank of Beijing, Poly Real Estate, Sany Heavy Industry, CITIC Securities, Haitian Flavor, Minsheng Bank, etc.Since the acquisition of capital from the north, the net purchases have gradually exceeded 1 million.
From the perspective of industry distribution, the 27 stocks that were favored by Beijing Capital during the above-mentioned month were mainly gathered in the two major industries of food and beverage and banking.
Further statistics found that in the first quarter, the medical and biological industry with the capital allocation of Northbound Capital became the main target of its reduction in June.
Since June, Hengrui Medicine has gradually replaced the net 8.
1.5 billion US dollars, ranking first in the capital reduction.
For investment opportunities in the food and beverage industry, Bohai Securities advised that the food and beverage sector ended its adjustment trend this week and regained the attention of the northward capital. Leading stocks Luzhou Laojiao, Yili, Haitian Flavor and Tsingtao Brewery all showed a net buying trend.
In the short term, the industry is currently in the off-season. Liquor companies mainly choose to adjust prices in the off-season and sort out the channels. From the actual situation, the current volume is small and the price is quite high.
In the long run, liquor, especially high-end liquor, is still a deterministic sector in the food and beverage industry. Under the influence of relatively relatively risky styles, it is still recommended to configure high-end liquor with higher certainty on dips.