(Original title: The 220 billion giant is targeted by the China Securities Regulatory Commission, suspected of insider trading! ETF interconnection officially launched, focusing on finance, technology and other industries, northbound funds + leverage funds continued to increase positions in only 19 stocks)
lithium Mining giant Ganfeng Lithium Industry was put under investigation, and the collective bidding price plummeted.
html On the evening of July 3, Ganfeng Lithium, the leading lithium mine with a market value of 220 billion, received a notification from the China Securities Regulatory Commission. The notification showed that "due to suspicion of insider trading in the secondary market of a listed company in A shares, according to the " People's Republic of China" "Securities Law", "Administrative Punishment Law of the People's Republic of China" and other laws and regulations, China Securities Regulatory Commission decided to file a case against the company on January 24, 2022. "The case was filed in January, and it was officially announced half a year ago.
Databao’s article last Sunday, “Zero Tolerance for Supervision and Enforcement” continues to be in effect, and the number of companies filed may hit a record high! Do billionaire giants also violate the rules? Be wary of these stocks with small market capitalization and sharp declines in performance." According to the analysis, since 2000, most of the companies that have been investigated are mainly for illegal information disclosure, and not many companies are suspected of insider trading.
Ganfeng Lithium has increased more than 11 times in 17 months from the low price of 12.86 yuan on January 31, 2019 to the highest price of 160.07 yuan on September 1, 2021; since the case was filed on January 24, the company’s stock price has still accumulated It rose more than 25% and there were many profit-taking orders.
Affected by the news, Ganfeng Lithium plunged more than 7% during the call auction this morning. As of midday closing, the company fell 2.37%, with a net outflow of more than 35 million yuan in institutional funds.
ETF interconnection officially launched today, with pharmaceutical themes leading the gains
html On the evening of June 28, the China Securities Regulatory Commission and the Hong Kong Securities Regulatory Commission jointly issued an announcement that qualified investors in the two places will soon be able to cross-border investment in exchange-traded funds (ETFs) in each other's markets. ) product, international investors can invest in 83 A shares ETF through the Northbound, Shanghai and Shenzhen Stock Connect.Judging from the latest data, the total size (total) of the first batch of 83 mainland ETFs included in the stock exchange reached 637.775 billion yuan, all exceeding 1 billion yuan. There are 18 funds with a scale of tens of billions, including China Securities SSE 50 ETF, China Southern CSI 500ETF and more than 40 billion yuan. ETF trading under the
interconnection officially started today. As of midday closing, the 83 Mainland China ETFs rose by an average of 0.53%, with more than half of them rising. The leading gains were mainly pharmaceutical, national defense and military industry, and new energy themed ETFs, including biotechnology ETF, innovative drug ETF, biomedicine ETF The increases all exceeded 3%.
Foreign capital positions The overall market value of A-shares is not high
For mainland funds, the inclusion of interconnection will help increase the visibility and international influence of ETFs. UBS stated that ETF, as a more flexible and convenient tool, will improve the efficiency of investment decision-making and enrich Chinese market trading strategies. In particular, it involves some unique themes and scarce industry types in the mainland stock market, which enriches the investment targets and is attractive to both investment-oriented and transaction-oriented overseas investors.
Since the opening of the interconnection mechanism, foreign capital has accelerated its inflow into the A-share market, but the overall shareholding value ratio is still not high. According to Databao statistics, as of the end of 2021, the market value of foreign capital’s A-share holdings through QFII/RQFII/Southbound Trading and other forms exceeded 3 trillion yuan, a record high, accounting for only about 4% of the circulating market value of A-shares . Among them, the mainland stock connect The value of its stock holdings exceeds 2.7 trillion yuan. Affected by the correction of A-shares, as of July 1 this year, the value of mainland stocks held by Southbound Stock Connect fell to 2.55 trillion yuan.
Internet Interoperability focuses on technology, finance, and consumer-themed funds
Judging from the key industries of these 83 Mainland China ETFs, there are as many as 22 funds with finance as the top industry; information technology as the top industry There are 20 funds, including more than 10 semiconductor-themed ETFs; 18 funds have the largest holdings of food and beverage.
Looking at the investment market value by industry, the total market value of 83 funds invested in the financial industry exceeded 170 billion yuan, information technology received investment of more than 140 billion yuan, and energy, real estate, and telecommunications services were at the bottom of the market value of investment. It is worth mentioning that in the second quarter of this year, funds going north increased their allocation to industries such as semiconductors and food and beverages.
It is not difficult to see that after further opening up of China’s capital market, technology, finance, and consumption will still be the key industries for capital deployment in the north.
Beishang Capital + Leveraged Funds continue to increase positions in these stocks
Through the optimized investment portfolio, it is more conducive to the investment of Chinese assets by overseas investors. UBS predicts that ETF interconnection will drive a marginal increase of about 10% in transactions and capital volume in the A-share market.
As the degree of opening up to the outside world increases, industries that foreign investors are optimistic about will often continue to increase investment and deploy before ordinary investors. Databao statistics show that among the constituent stocks of Southbound Stock Connect, 88 stocks belong to the finance, information technology, optional consumption, and daily consumption industries, and have received funds from Beijing to increase their positions in the past three months.
Judging from the changes in shareholdings (June 30 compared to March 31), three stocks in the information technology sector are leading the way in increasing positions, namely Baichu Electronics in advanced manufacturing , Kaiying Network in the game sector and 5G segment leader New Yisheng , in the optional consumer sector, and Fuyao Glass ranked fourth in terms of increase in positions. The latest shareholdings of these four companies were more than 3 percentage points higher than the increase in positions at the end of March; in the semiconductor sector Micron's was increased by more than 2.5 percentage points. In addition, more than 10 stocks such as Jiangfeng Electronics and SMIC were increased to varying degrees.
Combined with leveraged funds, 19 of the above 88 stocks have received continuous increase in financing positions in the past two months, and information technology companies accounted for nearly half. The latest financing balance of Jingchen shares increased compared with two months ago (end of April). The company is mainly involved in the research and development of multimedia smart terminal SoC chip . Nine stocks including Baichu Electronics, Jiangling Motors , BYD , etc. have received more than 20% of their positions in the same period. Looking at the market performance of
, the above 19 companies that have received funds from Beijing and investors have increased their positions have fallen by an average of more than 4% this year. Baichu Electronics and Jingchen shares have retreated by more than 30%, and BYD and TCL Zhonghuan have increased by more than 60% and 15% respectively.
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