October Net Buy Super Billion Battle 3000 Points North Capital "Trade-Offs" Survey

History has made a joke: in October 17, 2009, the Shanghai Composite Index closed 2977 points, and the Shanghai Composite Index closed 2977 points in October 17, 2019.

10 years later, the Shanghai Composite Index closed at exactly the same points.

When the shareholders feel sad for this, Beishang capital is speeding up to enter the A-share "bargain hunting". As of October 16, there have been only seven trading days since October. The net inflow of northward funds has reached 12.5 billion yuan. This week's total inflow reached 9.1 billion yuan, and this year's net inflow has reached 1988 billion yuan. Foreign capital flowing into A shares accelerated significantly.

According to the statistics of the 21st century economic reporter, the major positions of the capital in Beishang are the large consumption and financial industries. As of October 16, since October, the value of Beishang capital holding stock market is up 3.85% from the end of September. In October, it added 678 shares and reduced 537 shares. From the perspective of the investment of Beishang capital in October, it generally stepped on the rhythm of a shares and achieved good results.

And in the long run, the capital speculation in the north also has a very good performance. According to the statistics of reporters, as of October 16, 2019, nearly 5 years since the opening of Shanghai and Hong Kong in October 16, 2019, the average share of the 10 heavily loaded stocks increased by nearly four times, reaching 378%, of which the Guizhou Moutai (600519.SH) with the highest shareholding value rose 8 times.

When A shares look at the era of stock market speculation, the era of foreign capital speculation may be approaching.

In this regard, the industry pointed out that investors follow the north capital investment good quality targets, but also a good choice, but not short-term speculation, should be held as long as possible.

Northward capital accelerated inflow

After the National Day holiday, as of the 7 trading days in October 16th, the three major indexes of A share rose: Shanghai Composite Index 2.53%, Shenzhen stock index 2.07%, gem 1.77%.

In the same period, the net inflow of capital from Beishang was 12.5 billion yuan. As of October 16, the value of a stock market held by Beishang capital reached RMB 1204.831 billion. The market value at the end of September was 1 trillion and 160 billion 133 million yuan, or 3.85%.

"A shares are still a good choice for global capital investment." In October 17, 2019, the respondents said, "on the one hand, the valuation of A shares is still relatively cheap, and China's economic growth is still relatively high. On the other hand, the quality of A shares is increasing and the international competitiveness is increasing. In addition, the concentration of industries is increasing, leading enterprises' advantages are emerging."

According to the statistics of the reporter, the 10 stocks with the highest market value held by Beishang capital are: Guizhou Maotai 117.667 billion yuan, Ping An 70.66 billion yuan, Midea 56.977 billion yuan, Hengrui pharmaceutical 43.771 billion yuan, Gree Electric 42.153 billion yuan, Wuliangye 38.581 billion yuan, China Merchants Bank 36.199 billion yuan, Ping an bank 23.728 billion yuan, CITS 22.816 billion yuan, Yangtze River Power 22.306 billion yuan. The total market value of holdings was 474 billion 856 million yuan.

After the National Day holiday, the north capital increased 678 stocks and reduced 537 stocks.

Among them, since October, the net capital inflow of the capital up to the North has reached the top 10: the United States Group 1 billion 991 million yuan, China Ping An 1 billion 738 million yuan, Vanke A11.14 billion yuan, China Merchants Bank 1 billion 90 million yuan, Li Xin Precision 1 billion 44 million yuan, Watson biological 753 million yuan, Merchants Shekou 479 million yuan, Agricultural Bank 414 million yuan, SAIC Group 100 million yuan, Focus Media 396 million yuan.

On the contrary, since October, the net outflow of capital in the north capital has been reduced to the top 10: Dahua -5.86 billion, Hikvision -5.24 billion, Longji shares -4.05 billion, Shanghai Airport -3.69 billion yuan, China Automotive -3.65 billion, China National Tourism -3.45 billion, Everbright Bank -3.19 billion, China Petroleum -3.07 billion, big family laser -2.93 billion, and San an photoelectric -2.87 billion.

Respondents believe that, "relatively speaking, the current funds to more underestimate the quality of the plate and stock inflows, with an overestimate of the value of the overvaluation, especially in the banking sector to accelerate the influx, but on the whole, these stocks are basically the leading industry."

The space is still large.

So, is North going capital "bottom" selected the right stocks?

From the perspective of the 10 stocks with the largest net inflow of capital when the capital is increased in the north since October, the overall performance of "bottom reading" is quite good. Among the 10 stocks, only Lixun precision fell 0.18%, and the living creature with the largest increase reached 8.21%. The average increase of 10 shares was 3.82%, much higher than that of the three largest index of A shares.

Since October, among the 10 stocks with the largest net outflow of capital during the capital reduction in Beishang, 7 stocks have fallen and 3 stocks have risen. The top three stocks in the reduction fell sharply in October, with Dahua shares down 11.48%, Hikvision shares down 7.59% and Longji shares down 8.92%, which is a timely reduction. On the whole, the 10 stocks with the highest market value of the reduction fell by an average of 2.50%. But when the north capital has also stepped into a wrong rhythm, Everbright Bank is seventh of the capital market capitalization in the north, but it has increased by 13.18% since October, and the north capital has missed 11 billion 84 million yuan because of its reduction.

It is worth noting that for Guizhou, Moutai, hang Rui medicine and other popular stocks, the number of capital holdings has not changed since October, and the change in market value is due to stock price movements. For example, as of October 16th, Guizhou Moutai's share price fell 0.4% in October. This slight change resulted in a decrease of 41 million yuan in the market value of capital holdings in the north, which caused the market to be mistaken for the recent northward capital to accelerate the reduction of Guizhou Moutai.

Generally speaking, since October, the capital in north capital has made a good profit in the market of quasi A shares.

In response, the industry insiders said: "investing in good quality stocks with high investment in north capital is also a good choice, but investors should not blindly follow suit, do not engage in short-term speculation, and try to hold them as long as possible."

Then, will the trend of northward acceleration of capital entering A shares continue?

In view of this, the respondents believe that, as a whole, foreign investment is invested as a long-term investor. The target of the selection is basically the industry leading enterprises, and the quality is relatively high. In the future, with the opening of the financial market in China, more foreign capital will flow into the A shares through passive or active way. At present, foreign capital accounts for less than 5% of the market value of A shares, which is still much lower than that of Taiwan, Korea and Hongkong.