Home » The latest survey data reveals the path of insurance capital layout: blue chips swarming growth stocks are gaining attention_China Securities Net·Shanghai Securities News

The latest survey data reveals the path of insurance capital layout: blue chips swarming growth stocks are gaining attention_China Securities Net·Shanghai Securities News

by admin

The latest survey data reveals the path of insurance capital layout: blue chips swarming growth stocks are gaining attention

2021-07-28 Source: Shanghai Securities News

◎Reporter Huang Lei○Editor Chen Yu

Changes in survey data often conceal the password for a new round of investment arrangements for insurance institutions. According to the latest statistics from Shanghai Securities News, since July this year, a total of 73 insurance institutions have conducted intensive research on 94 listed companies, and growth stocks have accounted for more than half of the research list.

Judging from the number of listed companies surveyed by insurance institutions, they were basically the same year-on-year; however, from the month-on-month data, there was a 44% decline. According to the insurance industry, this is mainly because July and August of each year are both the peak vacation period and the time-sensitive period before the release of the semi-annual report, which will affect the pace of research to a certain extent.

Since July, listed companies surveyed by insured institutions have been concentrated in the electronics, medical and biological, mechanical equipment, chemical, computer, electrical equipment, and automotive industries. Specific to the company, listed companies such as Desay SV, Apex Software, GoerTek, Hikvision, Huayang Group, Maiwei, and Perfect World have attracted many insurance institutions to investigate.

In comparison, there have been two significant changes in the survey of insurance institutions: First, compared with the cyclical stocks and consumer stocks that institutions flocked to investigate last year, since July of this year, the research objects of insurance institutions have basically revolved around growth stocks. The market hotspots are basically the same. Second, the attention of blue chips such as banks has increased. There is a market view that stocks with low valuations and high dividend payouts whose share prices have lagged far behind are expected to usher in a repair opportunity in the second half of the year.

See also  Piazza Affari opens weakly. Good Saipem, bad Leonardo

Many of the listed companies surveyed by insured institutions have performed well in stock prices since July. Among them, Yunda, Tianqi Lithium, Yingjie Electric, Stic, Shenghe Resources, Tongxingda, Leonwei, Intech Regeneration, etc. have increased their share prices by more than 40% since July.

Regarding the market in the second half of the year, most insurance institutions interviewed are still firmly optimistic about growth stocks. An investment manager of a large insurance institution told reporters that the current market growth style is more extreme, and the follow-up market may continue to focus on areas with high levels of prosperity and long industrial logic. “High valuations may increase volatility, but after adjustments, we can still continue to focus on growth. The main investment directions are still around new energy, semiconductors, auto parts and some growth consumption.”

Regarding the recent market adjustments, most of the insurance agencies interviewed believe that the stocks that are mainly held by foreign investors have fallen sharply, which has led to panic selling by domestic investors. From the context of the operation of the market itself, the market adjustment has released the pressure of profit settlement accumulated over a period of time. As the market currently has the characteristics of structural differentiation, the performance of high prosperity and high valuation sectors determines the market’s profitability effect. As the current performance of the relevant sectors is still relatively high, it is still worthy of attention after adjustment. They suggested that investment in structural opportunities should continue in the second half of the year.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy