Though the overweight capital of industry capital increased slightly recently, the circulation alarm of large and small-sized non-tradable shares is still there. Researchers from securities companies thought the industry capital is not densely accumulated and the market hasn’t got away from the risk zone. The vibrating state will remain recently. The industry capital is closely related to market performance which deserves keen attention from investors. Now the industry capital takes up over 50% of the negotiable market cap, which was 5% in 2005. As the stock market achieves full circulation, the pricing right of industry capital will keep improving. Every movement is meaningful for the market trend. Such influence is obviously demonstrated in this year.
The overweight of majority shareholders and senior executives reflects the probable undervaluation of relevant stocks or the possible high growth in the future. Besides, for some blue-chip stocks, the stock accumulation is a signal of stability-oriented policies. The concentrated overweight for certain industry predicts optimistic investment prospects.
Judging from the reaction index of industry capital market edited by some securities companies, the market is still inside the risk zone and the turbulent situation will last.
Industrial Securities holds that the underweight volume dropped sharply since June and the overweight sum rose slightly. It is a signal of favorable turn of investment value anticipation from industry capital to stock markets. A-share market tends to rise in vibration. The follow-on performance will be told from the change of overweight. Changjiang Securities presents a statistics showing the decrease of industry capital in three consecutive weeks. The total net overweight is about 72 million yuan, which means net accumulation for the first time over the past two months. The market will probably resume the long position.
Orient Securities considers the market is on the way of convergent oscillation. The worst period is already a history. But the current market is still amidst vibration while rising up. In a short term such a state will continue, expecting the industry capital to intensively accumulate and the market convergence index to resume the high level.
Tebon Securities shows the inflows and outflows of industry capital in recent two years are increasingly meaningful for knowing the market trend. From the beginning of 2012 to now, the A-share market recovers from a low level and generally rises in vibration. During this period the underweight of industry capital remains low. Now the performance is supported by industry market. However, many securities companies consider the cautious overweight of industry capital is a token, namely the market is yet to rise. Investors should stick to it.
The e-commerce company in China offers quality products such as scuba diving lights , gift card kiosks for sale, and more. For more , please visit China Quality Suppliers today!
Related Articles -
scuba diving lights, gift card kiosks for sale,
|