Leverage funds to increase funds northward to increase warehouses in 2020, incremental funds are expected to exceed one trillion
Since December, A shares have experienced volatile growth, and leveraged funds-financing balances have also increased in successive days.
Choice data shows that as of December 12, the financing balance has increased for nine consecutive trading days, a total increase of 162.
The layout of Beishang ‘s funds was earlier. As of December 12, Beishang ‘s funds had a net inflow for 21 consecutive trading days, with a total net inflow of 763.
Regarding the incremental funds in 2020, the institution expressed optimism that the incremental funds in the A-share market in 2020 will exceed 1 trillion US dollars.
□ Wu Yuhua, a reporter of the newspaper, has raised positions for 9 consecutive trading days. Since December, the investors have increased positions for 9 consecutive trading days.
Choice data shows that as of December 12, the balance of the two financial services was reported at 9815.
6.3 billion yuan, with financing balance reported at 9682.
20ppm, a new high in the past 8 months, and the balance of margin trading was reported at 133.
4.3 billion yuan.
The financing surplus has continued to increase positions since December, and the positions have been increased by 162 in the first 9 trading days.
Since this year, the financing surplus has gradually increased by 2192.
3.9 billion yuan.
From the perspective of the financing preferences of financing customers, in the 9 trading days from December 2nd to 12th, Choice data showed that among 28 industries in the Shenwan Tier 1, financing customers had increased their positions in 19 industry sectors.Among them, the technology sector is most favored by financing customers. The electronics, computer, and communications industries have the highest net purchases during the period, with net purchases of 53 respectively.
3.4 billion, 38.
9.4 billion, 12.
34 trillion, these three industries were increased by financing customers to more than 100 trillion.
From the perspective of the recent market mainline, the technology sector has been active in turn, and it is also the most active sector in the market.
In addition, there are 9 industry sectors that have suffered from capital passenger lightening. Among them, the net sales of steel, household appliances, and public utilities industries are the highest, and net sales are 2 respectively.
0.8 billion yuan, 2.
2 billion yuan, 1.
7.1 billion yuan.
From the perspective of individual stocks, technology stocks are clearly favored by financing customers.
During the 9 trading days from December 2nd to 12th, the top 10 stocks that the financing customer added to the warehouse were Tongfang, China Software, ZTE, Crystal Optoelectronics, Muyuan, Lianchuang Electronics, Wingtech, Vanke A, Great Wall of China, Tongfu Microelectronics, net purchases during the period were 7 respectively.
2.6 billion, 4.
7.2 billion, 3.
8 billion, 3.
5.7 billion, 3.
09 billion, 3.
03 billion, 2.
7.7 billion, 2.
6.5 billion, 2.
6.3 billion, 2.
It can be seen that among the top ten stocks of financing customers to increase their positions, technology stocks account for 8 seats.
From the perspective of the increase during the period, the financing customers increased their positions significantly, and Lianchuang Electronics increased by 28 during the period.83%, Tongfu Microelectronics rose 25% during the period.
29%, Crystal Optoelectronics period rose 24.
79%, Tongfang shares, China Software, China Great Wall rose over 10% during the period.
Kitakami funds increased positions by 76.3 billion in 21 trading days. When financing customers continued to increase positions, Kitakami funds continued to increase positions at the same time.
Choice data shows that, as of December 12, Beijing’s funds had a net inflow of 21 consecutive trading days, and the cumulative net inflow of 21 trading days reached 763.
260,000 yuan, of which the net inflow of Shanghai Stock Connect funds was 326.
1.6 billion yuan, the net inflow of Shenzhen Stock Connect funds 437.
Since the beginning of this year, the net inflow of funds to the north has gradually increased to 3145.
350,000 yuan, of which the net inflow of funds through the Shanghai Stock Connect was 1360.
The net inflow of funds from Shenzhen Stock Exchange was US $ 3.4 billion.
Judging from the continuous net inflow of funds to the north during the 21 trading days from November 26 to December 12, the lowest point of the Shanghai Stock Exchange Index closing period was 2871 on November 29.
98 points, the highest point is 2933 on November 19.
99 points, which means that the northbound funds are concentrated at 2900 points on the 21st trading day. At the same time, the Shanghai Stock Exchange Index has shrunk in 9 trading days, but this market environment will not affect the northbound funds.Continue to increase the rhythm of positions.
From the direction of the capital increase of Kitakami Capital, when the net inflow for 21 consecutive trading days, the selection data showed that Kitakami Capital has added 865 stocks, and 26 of them have exceeded 50 million shares.
During the period, the top stocks in the stock market were BOE A, Baosteel, TCL Group, Zijin Mining, and Luoyang Molybdenum, respectively.
3.3 billion shares, 2.
3.7 billion shares, 2.
10 billion shares, 1.
5.1 billion shares, 1.
03 billion shares, you can see the northbound funds to consumption, cyclical stocks have significantly increased positions.
In addition, it is expected that the traditional white horse stocks — Maotai, Guizhou, Ping 杭州夜网论坛 An of China, Midea Group, Gree Electric Appliances, Hengrui Medicine, Wuliangye, etc. also carried out warehouse operations.
For the technology stocks that have been active in the recent market, Kitakami Capital has significantly increased its positions. In these 21 trading days, the top stocks held by Kitakami Capital to increase the outstanding shares are Weil, Wolong Electric Drive, and Panwei.Network, Sai Teng, Red Flag Chain, Precision Measurement Electronics, Cibin Group, and Beijing Capital have increased their holdings by more than 2% of the outstanding shares. Among them, Weir and Wolong Electric Drive have increased their holdings by 3 respectively.
39%, we can see that it is mainly technology stocks.
It can be said that in the 21-day increase in capital of Beijing Capital, there are both traditionally favored large-cap stocks. For technology stocks with active markets, Beijing Capital has also significantly increased its positions.
Wang Yi, chief strategy analyst of Great Wall Securities, said that it is unknown whether there will be any expansion plans for MSCI in 2020, but he is still optimistic about the subsequent net inflow trend.
Zhang Qiyao, chief strategy analyst of Guosheng Securities, said that at present, the internationalization of China’s capital market is still advancing at full speed, and the channels for international capital to continue to expand, and Chinese assets have significant advantages in both returns and spreads.There is a considerable long-term unilateral inflow.
In 2020, the incremental funds are expected to exceed one trillion yuan. As of December 12, leveraged funds have accumulated 2192 positions.
3.9 billion US dollars, northward funds have accumulated 3145.
3.5 billion US dollars, the incremental funds from financing customers and northward funds have exceeded 530 billion US dollars.
2020 is coming. For the incremental funds of the market in 2020, the institution is not expected to be short. Incremental funds from foreign countries, insurance and household savings will flow in.
Huatai Securities estimates that the scale of overseas incremental funds in 2020 is expected to be approximately 288.5 billion to 3847 billion U.S. dollars; the scale of insurance funds in 2020 is expected to reach approximately 259.5 billion to 408 billion; the scale of incremental funds for protection in 2020 is approximately 152.2 billionUSD 2666.6 billion; Asset management of commercial bank wealth management subsidiaries in 2020 is expected to bring about USD 100 billion of incremental funds; 2020, the size of newly-established partial equity funds of public offering funds is expected to reach 480 billion to 520 billion.
Essence Securities expects that A shares are expected to usher in over 1 next year.
Long-term incremental funds of more than 2 trillion US dollars, allocation needs and policy support are the main reasons for pushing long-term funds into the city.
CITIC Securities said that industrial capital will usher in an inflection point in the medium term, and the initiative of foreign capital inflows will increase, and it is expected to become the main source of incremental funds for A shares.
Haitong Securities said that in 2020, the net inflow of stock market funds is expected to exceed 1 trillion.
Capital inflows are: 1. Retail funds are expected to flow into 600 billion yuan, and leveraged funds are expected to flow into 400 billion yuan.
2. Public funds are expected to inflow 110 billion yuan, and private equity funds are expected to inflow 60 billion yuan.3. Banking wealth management is expected to flow into 157 billion yuan, brokerage asset management to 90 billion yuan, and trust to 215 billion yuan.
4. Insurance funds are expected to flow into 600 billion yuan.
5. Foreign inflows are expected to reach 300 billion yuan.
Capital investment is: IPO is expected to increase by 300 billion US dollars, industrial capital reduction is expected to increase by 300 billion US dollars, the total taxes and fees generated are expected to exceed 400 billion US dollars, and fund accounts are expected to increase by 436 billion US dollars.
On the whole, 2020 is similar to 2014, and the net inflow of stock funds is about 1.
1 trillion yuan.
In the case that incremental funds are expected, for the 2020 A-share market, CITIC Securities said that in 2020 A-shares will enter the second phase of this 3-5 year bull market that will start in 2019.
In the context of macroeconomic victory, capital market reform, and corporate profitability, A shares are struggling to usher in a “well-off bull” for 2-3 years.