Reporter Longli
November 1, Gree Electric Appliances (000651.SZ) once reached a historical high of 64.4 yuan per share during the session, and finally closed up 8.65%. As a home appliance giant with a market value of far exceeding 300 billion yuan, the sharp rise in the stock price of Gree Electric Appliances is indispensable for the hot pursuit of funds from various markets. Data shows that the total purchase amount of the top five buyers on the stock's Dragon and Tiger List on that day was as high as 2.987 billion yuan.
Specifically, among the Dragon and Tiger List data released by Gree Electric Appliances on the same day, the most conspicuous one is the Shenzhen Stock Connect special seat, which ranks first among the buyers. The purchase amount is as high as 1834.6489 million yuan, becoming one of the largest financial support behind the huge increase in Gree Electric Appliances , but the seat also sold 303.3371 million yuan.
As a leading enterprise in the domestic home appliance field, Gree Electric Appliances has three major brands: Gree, TOSOT, and Jinghong, and its industry covers four major fields: HVAC , household appliances, high-end equipment, and communication equipment. As of June 30 this year, the company has applied for a total of 53,134 patents, including 24,905 invention patents. In recent years, the performance of Gree Electric Appliances has also continued and steadily increased, with net profit of 22.117 billion yuan in the first three quarters of this year, an increase of 4.73% year-on-year.
has good fundamentals as support, Gree Electric Appliances has always been favored by foreign capital. Just this month, MSCI's last included in the A-share expansion this year will also take effect. It will release the list of additions and deletions for the November 2019 semi-annual index on November 8. The specific index investment variety adjustment was implemented at the close of November 26. Industrial Securities predicts that from the perspective of total volume, the inclusion of MSCI in A-shares this time will bring about 40 billion yuan of passive incremental funds, bringing a new high in the scale of incremental funds for the past five expansions. Some analysts pointed out that in the context of MSCI's expected expansion, it is not surprising that northbound funds are planning high-quality stocks such as Gree Electric Appliances in advance.
In addition to northbound funds, Gree Electric Appliances also received a lot of top hot money in the market on the same day, among which the commonly used seat of Shanghai Super Short Gang Shenwan Hongyuan Securities bought the stock at Dongchuan Road, Minhang District, Shanghai, 450.4894 million yuan, ranking second on the buyer on its Dragon Tiger List. According to the opening information, Shanghai Ultra Short Bang has strong financial strength and usually selects some targets with obvious fundamental support, join hands with institutional seats, and mainly operates in small bands. Obviously, Gree Electric Appliances is very consistent with its consistent stock selection standards.
also selected Gree Electric Appliances . Also the top hot money "Brother Zhao" who created the myth of 10,000 times the investment in eight years. Data shows that on that day, China Galaxy Securities , a subsidiary of Brother Zhao, bought Gree Electric Appliances 214.4418 million yuan. In addition, Guotai Junan Securities , which is also a common seat for top hot money, also spent 206.16 million yuan to help Gree Electric rise in volume.
However, while northbound funds and hot money represented by Shanghai Super Short Bang and Zhao Brother were strongly advocated, institutional funds chose to take the opportunity to leave. A total of two institutional special seats appeared in the top five sellers of the Gree Electric Appliances Dragon Tiger List. Although one of the seats bought 48.4193 million yuan, the sales amounts of the two seats were as high as 425.2231 million yuan and 91.5919 million yuan respectively.
Some analysts pointed out that as the industry leader with continuous growth in performance, the long-term investment value of Gree Electric Appliances is undoubtedly, and it coincides with the imminent expansion of MSCI. It is not surprising that the stock has obtained multiple funds from the market to grab the stock. The unanimous optimism of market funds will also provide strong support for the stock's subsequent stock price trend. However, the current share price of Gree Electric Appliances is already in its historical high range, which means that a considerable number of its shareholders are in a floating profit state. Therefore, it is not ruled out that some profit-making markets choose to leave at a high level. Investors also need to pay attention to investment risks.
