Funds in North China continued to flow into the two sectors
Original title: A-share hotspot differentiation: The two major sections stand out Source: Daily Economic News, every reporter, Wang Haizhen, every editor, Xie Xin Last weekend, the hot spots on the surface of A-share news made investors overwhelmed and difficult to choose.
According to a reporter from the Daily Economic News, dozens of spots have been researched and reported 厦门夜网 by various organizations through a telephone conference last weekend. The main ones are the new policy of refinancing, the important policy of Shanghai International Finance Center, free highways, WiFi6, GaN fast charge, power semiconductors, satellite networks, promote automotive consumption, plasma treatment, vitamin price increases, etc.
However, the market performance of satellite networks, plasma therapy, power semiconductors, and other attractions on February 17 was obviously weak. What stood out was the automobile and express delivery sectors that had received little attention in the market.
Among them, the sales volume of the automotive industry has decreased for two consecutive years, and a series of companies in the express delivery industry have recently returned to work due to the impact of the epidemic.
But some of the leading stocks in these industries have been bought by foreign “smart money” in recent months.
A-shares major indexes rose across the board From the performance of the A-share market on February 17, although the major indexes rose across the board, the GEM Index rose sharply3.
7%, but the satellite network that has already performed in the early stage, the plasma therapy sector is relatively weak, and the vitamin sector, which is believed to benefit from the increase in vitamin prices, is also unshakable, and then there is no market-aware car, express and other sectors that stand out.
On the news, the automobile and courier industries each ushered in encouraging automobile consumption last weekend, and the reduction in logistics costs is good.
From a basically positive perspective, these two industries are still affected by the epidemic.
Recently, a reporter from “Daily Economic News” visited some areas in Shanghai and found that apart from the normal operation of SF’s business outlets since the Spring Festival, most of the outlets of the “Three Links and One Access” and Cainiaoyi Stations are closed.
Until last weekend, these outlets gradually opened.
Some agencies predict that the express delivery industry will not be able to restore production capacity until March this year.
Ford in the automotive industry has been declining for two consecutive years. From the latest January sales figures released by some industry leaders, it is still not optimistic. Among them, SAIC Group and Guangzhou Automobile Group each fell 34 in January this year.
About 2 weeks ago, a car dealership research team at a securities firm organized a conference call with several car dealers.
Participating dealers are not very optimistic about car sales this year.
Some dealers said that due to the epidemic this year, the current purchasing power of the auto market.
However, some car dealers believe that due to the impact of the epidemic on public transportation, some consumers may consider buying scooters. In addition, if the income is reduced due to the epidemic, cheap domestic cars may be more easily accepted by consumers.
In addition, regarding the current situation that automobile sales have not stopped falling this year, the CITIC Securities automotive team believes that “stable” automobile consumption will effectively alleviate the deterioration of short-term performance of the relevant sectors.
The Haitong Securities Transportation team also issued an opinion on February 17, saying that the toll-free policy can to some extent promote the resumption of work in the express delivery vehicle fleet, accelerate the overall resumption of work in the industry, and accelerate the release of the express delivery industry.
The continued inflow of northbound capital into the two-segment markets can always react to the industry’s turning point in advance.
In the context of the epidemic, although the automobile and express industries are not as good as TMT and the biomedical industry is eye-catching, some “smart money” are determined to lay out.
During the Spring Festival this year, the operation of the “three links and one reach” was affected by the epidemic situation, but recently Zhongtong Express, which has the highest market value of the “three links and one reach”, has performed strongly in the US stock market. Last week, it still made history.new highs.
Obviously, according to Choice statistics, in the automotive industry, Northbound funds have continued to increase positions in Changan Automobile, SAIC Group, GAC Group, Great Wall Motor and other industry leaders in recent months.
Among them, the share of Northbound Capital holdings in Changan Automobile’s circulating share capital was 0 from the end of August last year.
63% increased significantly to 4 last weekend.
In terms of auto parts, 49% of Northbound funds have continued to increase positions in some industry leading stocks since the end of September last year. Among them, Northbound funds held shares in Fuyao Glass’s circulating share capital from 9 at the end of September last year.
26% improved to 13 last weekend.
According to statistics from Choice, since the end of September last year, Northbound Capital has also increased the holdings of most companies in the A-share express industry. Among them, the increase of Yunda shares and SF Holdings is close to about 80%.
The reporter of “Daily Economic News” noticed that the auto industry team of CITIC Securities issued its views on the overall automotive industry and related sub-industries on February 17.
1. The industry as a whole: the expression of “stable” car consumption, encouraging private car travel, and toll-free toll roads across the country will effectively drive the recovery of car purchase demand, even in a short period of time.Cars and dealers: If the demand for car purchases erupts in the second quarter of this year, current estimated and expected passenger cars are at a low level, and the dealer segment will have the most beta attributes; 3. Parts: from import substitution to global substitution, electrification, Intelligent long-term logic, set new rules will further accelerate the development of parts and components enterprises.