Banking stocks popular northbound funds have continued to increase positions since October

Banking stocks popular northbound funds have continued to increase positions since October

Banking stocks “popular” northbound funds have continued to increase positions since October
On October 21, the net inflow of northbound funds was 29.1.5 billion yuan, of which the net inflow of Shanghai Stock Connect was 21.2.8 billion yuan, Shenzhen Stock Connect net inflow7.8.7 billion.  Among the top ten trading stocks, the top three net purchases were Huatai Securities, Zhengbang Technology, and Midea Group, which each received a net purchase of northbound funds8.5.2 billion, 2.0.5 billion, 1.600 million yuan.  The top three net sales were Shanghai Airport, Makihara, Hikvision, and net sales were 2.7.3 billion, 2.25 billion, 2.22 billion.  Analysts said that the recent Shanghai stock index trading volume has shrunk, the performance of heavy stocks is sluggish, the market has not continued the trend to guide the market to break through the previous high, the market is weak and volatile, the market is mainly based on the decline to find the bottom, the 2900 point overall support is supported, the stock index tends toThis area stopped falling and rebounded.  Northbound funds plus positions These Choice data show that northbound funds had a net inflow for four consecutive trading days in the first four trading days last week, and a net inflow of 12 on the 18th.4.3 billion yuan, a total net inflow of 96 last week.0.5 billion.With a net inflow of nearly 10 billion yuan last week, the total accumulated net inflow of northbound funds reached 8409.8.9 billion yuan, exceeding 840 billion yuan for the first time in history, of which the net inflow of Shanghai Stock Connect was 4,652.The net inflow of Shenzhen Stock Exchange was 6.1 billion yuan, which was 3757.2.8 billion.  Data show that last week, Northbound funds increased a total of 707 stocks, and Focus Media, which has the largest number of increased shares, was increased by Northbound funds by 9,726.580,000 shares, Feng Yuzhu with the least number of shares increased by 200 shares.  In terms of the number of Northbound funds holdings last week, the top ten stocks of Northbound funds holdings are Focus Media, China Construction, First Venture, Bank of Jiangsu, Bank of China, China Eastern Airlines, Nangang Steel, Vanke A,China Construction Bank, China Merchants Shipping, and additional warehouse positions were 9,726.580,000 shares, 4,529.270,000 shares, 3904.610,000 shares, 3545.270,000 shares, 3,313.500,000 shares, 3202.59 million shares, 2520.920 thousand shares, 2416.750,000 shares, 2402.990,000 shares, 2392.690,000 shares.It can be seen that Focus Media, which had better gains last week, obviously increased its position in the north, and Focus Media gradually increased last week.91%, Northbound funds increased nearly 100 million shares.In addition, it is worth mentioning that bank stocks are still favored by northbound funds.  From the perspective of industry preferences, China Merchants Securities said that the industry with a higher net purchase of Northbound Capital last week was pharmaceutical and biological (28.4 percent), non-bank finance (20 percent), banks (14.2 ppm), among which the pharmaceutical, biological, and banking industries have led net purchases for many consecutive weeks.  BOCI Securities pointed out that the current stable performance of the banking sector and the estimated level of substitution will gradually support it, and the sector is still defensive.As the pace of A-share internationalization accelerates, the continued inflow of overseas incremental funds will benefit banks, and it is recommended to increase the long-term allocation value of the sector.  In terms of long-term trends, the analysis believes that the trend of net inflows of northbound funds will not change.Zhou Longgang, the leader of the strategy group of Huachuang Securities, said that in 2019, A-shares will replace MSCI in three steps and integrate into the rich. The A-share growth from 2019 to 2020 will be about 450 billion US dollars. From the perspective of passive funds, the current foreign entryAbout enough.At present, the Chinese economy still maintains a relatively rapid global growth. From the perspective of financial scale, China is still one of the major economies that is still in a state of normal monetary policy. China ‘s gradual reform and opening-up policy is still steadily advancing and injecting into the economy.New kinetic energy.As the Chinese economy enters the expected stage of development, the relative attractiveness of A-share assets will continue to increase, and financial reform and opening up will continue to advance at the same time. Foreign investment in A-share holdings will be a long-term trend.  The institution is optimistic about the growth opportunities in the fourth quarter. Guotai Junan believes that technically, the Shanghai Index broke through the half-year support during the session. The low point was near the 60-day moving average. It evolved from the lower edge of the previous box.It doesn’t have to be too pessimistic.At the same time, the National Development and Reform Commission also clearly stated that there is no factual basis to question the “serious deviation” of the Chinese economy, and the quality of development continues to improve.Operationally, the Tmall Double Eleven event has begun to warm up, and can layout related stocks on dips; in addition, it continues to look for opportunities for stocks that have been supported by performance and have been mistakenly killed in the early stage.  China Merchants Securities believes that the market has entered a consolidation state in the past month.Economic and financial data released basically in line with expectations.The growth rate of GDP further declined, the CPI broke 3, and the growth rate of new social financing remained sluggish.This macro-variable combination productivity policy has entered a wait-and-see state.The current market will still maintain relatively low volatility, investors can consider switching investment ideas, layout for the coming year.  Orient Securities said that it is optimistic about the growth opportunities of A shares in the fourth quarter, but 淡水桑拿网 it will not grow overnight. It is still possible to repeat. Investors with higher positions can not lose their chips, and investors with positions can increase their positions at dips.In terms of the allocation direction in the fourth quarter, leading companies that are more optimistic about profitability (ROE) and have a more stable business climate (performance growth rate) are mainly more than companies that are securities companies such as the Shanghai Stock Exchange and Shanghai Stock Exchange.