Northbound capital | this week’s focus on the exposure of kweichow Moutai net purchase more than 600 million yuan

2022-06-01 0 By

This week, a cumulative net outflow of 6.557 billion yuan from North China funds, including 808 million yuan of net selling through Shanghai stock connect and 5.749 billion yuan of net outflow through Shenzhen stock Connect.The top three companies with net purchases were Guizhou Maotai, Sunshine Power Supply and China State Construction Engineering, with net purchases of 617 million yuan, 590 million yuan and 559 million yuan respectively.Ganfeng lithium, Hengrui Pharmaceutical and Longji share ranked the top three in net selling amount, with net selling amount of 798 million yuan, 589 million yuan and 487 million yuan respectively.In the broader indices, the Shanghai Composite index lost 0.94% this week, the Shenzhen Component index lost 2.20%, and the growth Enterprise Market lost 3.64%.Citic Securities pointed out that the pessimistic market expectations have reached the bottom ahead of the economic fundamentals, it is expected that the A-share market in the second quarter will recover ahead of the fundamentals under the premise of policy increase, and there will be A mid-term repair trend lasting two quarters.In terms of configuration, it is suggested to stick to the main line of steady growth and pay attention to the real estate industry chain while continuing to layout around the “two low”.Galaxy securities pointed out that the recent Russia-Ukraine negotiations have a positive signal, but before the sanctions have not been cancelled, the supply shock brought by commodity prices, thus increasing the global “stagflation” risk is still not to be ignored.At the same time, the Federal Reserve’s second interest rate hike and balance sheet reduction plan are likely to be implemented in early May, and the further rise of US bond interest rate will significantly suppress the valuation of equity assets.Peripheral risk disturbance is still in, domestic trend reversal still need to wait for the signal, it is recommended to configure the strategy or pay attention to the cost performance, in the stable growth and high prosperity of the two main lines to find both offensive and defensive quality targets.Declaration: The copyright of this article belongs to the original author, if there is a source error or infringement of your legitimate rights and interests, you can contact us through the mailbox, we will promptly deal with.Email address: jpbl@jp.jiupainews.com