Daoda Investment Notes: Big News Last Weekend, A-Shares Are About To Usher In Big Changes_ 东方 Fortune.com



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Original title: Daoda Investment Notes: Big news last weekend, A shares are about to change

See that the market is about to stop falling and stabilize, and to hold on to the European and American stock marketsPlumbBut who would have thought that last Friday the market was another bard line,Shanghai indexIt fell sharply at 48.20 points and closed at 3.22.53 points, marking a new closing low for the October market. Although the Shanghai stock index rose 0.2% in October, the trend is not optimistic.

And last weekend, important news came out, financial stability and the development of the State CouncilCommitteeSummoned topicsmeetingEmphasize that it is necessary to fully implement the registration system for the issuance of shares and establish a standard exclusion.mechanismSo, this news will affect future A sharesmarketWhat profound impact will it have?

Dr. Niu: Da Ge, hi, there was a bardolin last Friday, which may have blinded a lot of people. The October market ended like this, what do you think?

Daoda: Last Friday the market fell a bit strangely. In the previous trading days, the market performance was relatively normal, and can even be said to be strong. When the disclosure of the three quarterly reports is complete,backgroundThe uncomfortable actions continue to appear and the leading actions of the organization group have set new highs, which is in a good state.

Additionally, European and US stock markets fell sharply in the middle of last week, and A-shares were also very tenacious, completely ignoring foreign markets.Group of antsIPO pressure should be last ThursdayNew crotchPartially digested before launch, more pressure must wait untilGroup of antsBefore and after the final listing.

He did not expect the market to suddenly sink last Friday. The sectors with a strong market performance are mainly technology stocks represented by chip stocks, because the news is positive and encouraging. Also, auto stocks are still good, but otherWhite horseIt is completely adjusted again.

Until last weekend, there was a lot of news in the news and a full registration system was coming.

Dr. Niu: I also noticed this news. The special meeting held by the Committee on Financial Stability and Development of the State Council emphasized the need to fully implement the registration system for the issuance of shares and establish a standard de-listing mechanism. What do you think of this news?

Daoda: Currently, the pilot registration system for the A-share market is the Shanghai Stock Exchange.Science and Technology Innovation BoardAnd ShenzhenTo start a businessboard.IPOAn important feature of the registration system is the simple procedures and the fast pace of IPO. Once the registration system is fully in place, it will inevitably raise concerns in the market about capital pressure.

However, it should be noted that since the beginning of this year, the management has made several preparations for the full implementation of the registry system. Regarding the Shanghai Stock Exchange, one of the most important preparations isThe Shanghai Composite IndexImportant revisions have been made to the compilation method of the shares in the ST sector; the time to include new stocks in the index has changed from 11 business days to one year, and more importantly, the Science and Technology Innovation Board and CDR are included in the index.

I can believe that withGroup of antsWaiting for a batch of large tech stocks issued under the registry system to go public will not only giveMarket environmentBringing big changes, but also boosting the index.

Also, once the registration system is fully in place, the future A-share market is likely to be faster. “Hong Kong Stock化 “. Only truly exceptionalthe companyHe will become the darling of institutional funds; a large number of newly listed ordinary companies can only become supporting actors. In the future, the level of profits from IPOs will inevitably drop significantly.

Dr. Niu: In your opinion, after the full implementation of the registry system, will the style of the market change drastically?

Daoda: Actually, changes in the style of the market are gradually taking shape. This year, after the launch of the Growth Companies Market registration system, while the hype of small-cap stocks once prevailed, they were subsequently subjected to key oversight. This shows that the “small speculation speculation” path is not feasible. I can really giveinvestmentIt’s just the big oneMarket valueQuality stocks.

There is a simple statistic that can explain the problem: Since the beginning of this year, the Shanghai stock index has risen almost 6%.Growing Business Market IndexThe number performed better, rising nearly 48%. Let’s take a look at large companies with a market value of 100 billion yuan, such as those with a market value of nearly 400 billion yuan.Luxshare Accuracy, An increase of 100%; about 380 billion yuanSF Holdings, An increase of almost 130%; 430 billion yuanBYD, An increase of 235%; 280 billion yuanLongji Actions, An increase of 210%. Recent high recordGoertek, With a market value of 150 billion yuan;HikvisionThe market value is 400 billion yuan.

Also, there is a message worth paying attention to last weekGroup of antscarry outIPO subscription, Where you buy onlineshareholderThere are more than 5 million households on the Shanghai Stock Exchange. These data are basically the number of existing investors in the Science and Technology Innovation Board. At the beginning of the launch of the Science and Technology Innovation Board, there were only about 2 million households. It can be seen that although the investment threshold of the Sci-tech Innovation Board has not been lowered, more and more investors are beginning to realize the investment value of the Sci-tech Innovation Board and gradually participate in it. This is a good thing for the Sci-Tech Innovation Board.

Dr. Niu: Thank you Da Ge for your analysis of the heavy news. What do you think of this week’s market?

Daoda: After the sharp drop last Friday, the Shanghai stock index returned to the 3,200 point line, which is also a relatively low level since the market tightened in mid-July. Whenever the market falls below 3,200 points, there will be a rebound.

I think that in the next week, the market may continue to fluctuate between 3,200 and 3,300. What really needs attention isGroup of antsBefore and after listing, the market may face a major test. Depending on the schedule, it can be in early or mid November,Group of antsIt will be included in the Science and Technology Innovation Board.

(Source: Daily Economic News)

(Editor in charge: DF353)

I solemnly declare: The purpose of this information disclosed by Oriental Fortune.com is to spread more information and has nothing to do with this booth.

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