Reporter Zhao Ziqiang
In the morning of November 29, affected by the positive news, the three major indexes of A-share market opened higher and closed higher. As of 11:30 a.m., the Shanghai Composite Index rose 2.21% to 3146.51 points; the Shenzhen Component Index and the ChiNext Index rose by 2.17% and 1.48% respectively; the total turnover in the Shanghai and Shenzhen stock markets was 3576.51 billion yuan, an increase of 15.11% from the previous trading day. Overall, the A-share market stocks showed a general rise pattern, with 84 stocks hitting the limit , and 0 stocks hitting the limit .
From the perspective of capital, on the morning of November 29, the net purchase of by northbound funds reached 8.142 billion yuan.
In terms of margin financing, as of November 28, the balance of margin financing in Shanghai and Shenzhen stock markets was 1563.811 billion yuan, a decrease of 2.257 billion yuan from the previous trading day. Among them, the balance of financing was 1464.228 billion yuan, a decrease of 322 million yuan from the previous trading day; the balance of margin trading was 99.583 billion yuan, a decrease of 1.935 billion yuan from the previous trading day.
table: Transactions in the first-level industry in Shenwan on November 28:
tabulation: Zhao Ziqiang
news, on November 28, a spokesperson of the China Securities Regulatory Commission said in response to reporters' questions on the capital market that it supports the stable and healthy development of the real estate market. The China Securities Regulatory Commission decided to adjust and optimize five measures in equity financing and will be implemented from now on.
In this regard, yingda Securities Li Daxiao said that this means that after 8 years, the channel for real estate companies to raise funds in A shares has been opened. The real estate industry, including upstream and downstream, accounts for 330% of the total economic output of . Even in developed countries, the real estate industry is an absolute pillar industry. The optimization and adjustment of the financing policy of the real estate stock market is a fundamental policy change, which has greatly exceeded market expectations. If real estate can be stable, the possibility of economic stability will be greatly increased. This policy is beneficial to the real estate sector and the upstream and downstream industrial chain of , and also has a positive effect on the overall market. If the implementation efforts can be increased, the benefits will be wider, and the third arrow will be extremely powerful and extremely sharp. As the power of arrows continues to increase, the most competitive real estate companies related to A-share Hong Kong stock will benefit, and some companies have the opportunity to receive rescue. The stock market will react strongly to the third arrow.
For the A-share market trend, Guosheng Securities said that in terms of technical form, the Shanghai Composite Index currently opens low and closes between the 60-day moving average and the 20-day moving average. Over time, the 20-day moving average will cross the 60-day moving average. In addition, the policies of all parties are all set to stabilize the real estate market, and the market expects the real estate liquidity crisis to ease, and then expects to block weighted stocks to decline. Under the background of the weight bottoming, the Shanghai Composite Index is expected to accumulate momentum to rise as a whole. However, since the recent volume has been reduced to less than one trillion yuan, the overall upward trend may still be repeated in the later period.
operation angle, Zhongyuan Securities said that medium- and long-term policy favorability is increasing. We continue to maintain an optimistic attitude in a pessimistic atmosphere and do not change our judgment on the current bottom area of the market. position continues to maintain more than 90%. In the medium and long term, we will deploy the sectors of independent and controllable , high prosperity and prosperity reverse , and pay attention to tourism, breeding, securities and other sectors in the short term.
Oriental Fortune industry, as of 11:30 on November 29, 79 of the 86 industries rose, accounting for 91.86%. Among them, the real estate development industry ranked first, reaching 6.68%, and the real estate services (5.99%), insurance (5.89%) and tourism hotels (5.33%) all rose by more than 5%. Photovoltaic equipment ranked first in decline, reaching 0.87%.
From the perspective of the real estate development industry, which performed strongly in the early trading, as of 11:30 on November 29, 113 stocks in the industry's transactions rose across the board, of which 79 rose by more than 5%. In terms of capital flow, the industry's net inflow of large order funds this morning reached 2.86 billion yuan, ranking second in the industry.
For investment opportunities in the real estate development industry, China Galaxy Securities said that "three arrows are launched at the same time" strongly supports the bottom line, and adds another boost to the industry. "First arrow": Six major state-owned banks provide trillion-level credit lines to high-quality real estate companies, which is the implementation of the "16" policy; "Second arrow": supports private enterprises, including real estate companies, to issue bonds and financing, with a quota of 250 billion yuan; "Third arrow": restarting equity financing for real estate companies.In just 20 days, the policy end "three arrows were fired at once", which has strong signal significance and greatly boosts the confidence of all parties. The policy provides financial support to real estate companies from multiple angles and methods. On the one hand, it supports the reasonable extension of existing loans and bond to effectively avoid the spread of debt risks of real estate companies; on the other hand, it provides financial support to real estate companies from multiple channels such as development loans, bonds, trusts, and equity . The trust and equity channels have been restarted again many years later. The strength of policy support is self-evident. The supply-side financial support will effectively reduce the number of real estate companies' storms in the future and avoid the spread of debt risks of real estate companies. It is expected that real estate companies with stable operations but short-term liquidity is tight due to tightening of industry funds, will be the first to get out of trouble and usher in credit repair.
target, Bank of China Securities recommends attention: 1. There are still targets in progress with the additional issuance plan: Xincheng Holdings (applied in March 2016, expected to raise 3.8 billion yuan), I Love My Home (applied in March 2021, expected to raise 700 million yuan); 2. From the perspective of the balance sheet, the marginal benefit of real estate companies with good refinancing policies: Jindi Group , Vanke , Greenland Holdings, Jinke Co., Ltd.; 3. Will continue to benefit from the whole Central state-owned enterprises that boost the valuation of the sector, operate stably, and have the motivation to acquire and acquire: China Merchants Shekou , Poly Development , Jianfa International Group, Huafa Co., Ltd.; 4. State-owned enterprises that have low PB, high net debt ratio, and have large-scale additional issuances in history: Shoukai Co., Ltd. , Shangzhen Development , Urban Construction Development, Guangming Real Estate; 5. Real estate companies that are the first to layout REITs: China Resources Land ; 6. Real estate fund A-share scarce targets: Everbright Jiabao.
(Edit Bai Baoyu)
