"Buy out"!Foreign capital sweeping more stocks, buying "red lights"!Can I copy my homework?Pay attention to this

The scene of foreign investment crazy buying A shares has not been seen for a long time!

Recently, the continuous rise in A shares has completely detonated how enthusiastic the foreign capital was to do. Not only did the northern direction flow continuously inflow, but the "hunting" of foreign investment as a whole is also very radical. As of June 28, the data published by the exchange showed that 12 companies have already lit up foreign capital to buy "red lights", and three of them have been "burst". enter.

Photo source: Photo Network-500471043

Three shares encounter foreign investment restrictions

It's too hot, and foreign capital can't hold back the passion of sweeping the goods!

The latest data on the exchange shows that China Test Test (SZ300012, the stock price is 23.07 yuan, the market value is 38.77 billion yuan), Guanglianda (SZ002410, the stock price is 56.6 yuan, the market value is 67.38 billion yuan), and the Oriental Yuhong (SZ002271, the stock price is 49.5 yuan, the market value is 1247 1247 100 million yuan) has been held by QFII, RQFII, Shanghai -Shenzhen Stock Connect investors over 28%, and reached the suspension of buying points stipulated by the exchange. As early as last week, the robot concept leader Eston (SZ002747, the stock price 24.71 is 24.71 Yuan, market value of 21.48 billion yuan) has also been bought by more than 28%, but the proportion of foreign capital holdings this week has fallen to about 27%.

In addition to these four stocks, Huichuan Technology (SZ300124, stock price of 66.42 yuan, market value of 175.1 billion yuan), Qiaqia food (SZ002557, stock price 55.88 yuan, market value 28.33 billion yuan), national porcelain material (SZ300285, stock price 35.55 yuan, market value market value, market value Eight stocks, such as 35.69 billion yuan), pilot intelligence (SZ300450, 6563 yuan, market value of 102.6 billion yuan), were also bought by foreign capital to "warning points", and foreign capital holding accounted for more than 24%.

According to the reporter of the "Daily Economic News", according to relevant regulations, after the proportion of foreign shares exceeds 24%, the exchanges will announce the latest shareholding situation on the next trading day until the shareholding will fall below this ratio; After the share ratio of more than 28%, the Shanghai -Shenzhen Stock Connect channels will be suspended and can only be sold until the shareholding ratio will drop below 26%. At this time, foreign capital can continue to buy through the Shanghai -Shenzhen Exchange's account; if foreign capital holds it After the share ratio of more than 30%, all foreign capital buying channels are closed and can only be sold. The principle of selling for the excess of the excess is later, until the shareholding ratio is within 30%.

Many institutions said that foreign investment currently scanning A shares also shows that they are optimistic about long -term investment in A shares.

Wang Yan, the chief stock strategist of Morgan Stanley China, said recently that he is optimistic about the performance of A shares. First, because the loose policy cycle has been established; second, in the middle and long term, A -share investment opportunities are more concentrated in industries supported by policies such as IT, high -end manufacturing, and green environmental protection economy; third, China has recently announced personal pension In the long run, it will increase the participation of institutional investors in the A -share market.

Can foreign "buy explosion" be followed? Coping homework should pay more attention to the fundamental aspect

However, being "burst" by foreign investment does not mean that this stock is worthy of buying domestic investors. For the investment direction of individual stocks, it still needs to pay attention to the company's reasonable valuation and fundamentals.

As early as 2019, the Great Laser (SZ002008, the stock price of 32.91 yuan, and a market value of 34.61 billion yuan) became the stock that was only "restricted" in Shenzhen and Hong Kong. , QFII/RQFII/Shenzhen Stock Connect investors holding a large number of Laser Laser listing A shares of A shares of 302 million shares, accounting for 28.38%of the company's total share capital, and was restricted to purchase. Judging from the performance of the Laser market outlook, in March of that year, it became a high point in the year of the Laser, and the stock price had a trend of shock adjustment in the later period.

Of course, in addition to the laser of the big clan, at the time, the high shareholding ratio of the foreign investment included the Midea Group (SZ000333, the stock price of 59999 yuan, the market value of 419.8 billion yuan), and the Chinese test testing. Bull stocks.

A private equity manager in Shenzhen told the "Daily Economic News" reporter, "From the perspective of recent years, the individual stocks bought by foreign capital are basically big white horses in the industry, so after a significant increase in holdings, even if they were bought, even if they were bought, they were bought. Restrictions do not mean that the stock will be sold by foreign capital. The final performance of individual stocks still follows its own fundamentals. As long as the valuation is low and the growth is fast, it is still the focus of funds. After the large proportion of foreign capital occupies stocks, investors need to consider some adjustments and weights of overseas international indexes. After all, after buying restrictions, foreign investment lacks continuing to buy space. This stock exists in the overseas index. "

Indeed, after the foreign investment restrictions to buy Great Laser in 2019, MSCI immediately eliminated the Laser of the MSCI China Union, and at the same time adjusted the weight coefficient of the group's weight.

Foreign capital continues to buy A shares, which also shows that foreign investment is willing to "stay" in A shares.A few days ago, Fang Xinghai, vice chairman of the CSRC, said that the CSRC continuously expanded foreign investment in A -share market channels, continued to improve the Shanghai -Shenzhen -Hong Kong -connected mechanism, expanded the Shanghai -Shenzhen -Hong Kong -Hong Kong Standard, and promoted the implementation of the new rules of QFII, and promoted the A shares in the international index in the international index.The proportion of proportion has gradually increased, and the convenience of foreign investment in A -share investment has significantly improved.Foreign investment in my country's capital market shows obvious toughness.Daily Economic News

- END -