How Deep Is The Water In The A Stock Market?

As the stock market recovered in March, the number of individual investors holding A shares with a market value exceeding 10 million yuan increased by 9938, an increase of 23.6%.

Among them, 3 investors at the end of the month, with a stock market value of over 100 million yuan, increased 515 people to 4023.

Industry analysts say that the increase in the number of more than ten million yuan accounts is due to the increase in the total market value to a certain extent, and it is also related to this round of foreign exchange control and economic recovery.

Data also show that this year, the largest number of new stock accounts appeared in March.

By the end of 3, the number of individual investors holding A shares with less than 100 thousand yuan in circulation market decreased by 1 million 500 thousand compared with the decrease of 4%.

The monthly data released by China's settlement show that at the end of 3 this year, there were 52052 individual investors holding A shares with a circulation market value of more than 10 million yuan, reaching the peak since the first quarter of this year, an increase of 9938 over the previous month and an increase of 23.6% in the annulus.

Among them, investors holding a market capitalization of more than 100 million yuan increased 515, an increase of 14.7%.

However, compared to the good market in the same period of 2015, the number of individual investors holding a market value of over ten million yuan still decreased by nearly 7000, down 12% from a year ago.

This year, the week with the largest number of new stock accounts has also appeared in March.

China's settlement data show that in the week from March 21st to March 25th, China's new stock account reached 535 thousand, the highest in June 21st last year (991 thousand and 900 households).

From the structure of investors who hold the market value of A shares, among the individual investors, the richest investors of tens of millions of Yuan account for 1% of the total number of individual investors, and the proportion of retail investors with less than 100 thousand yuan is over 70%.

Institutional investors' shareholding structure is more diversified.

China's settlement data show that as of the end of March 2016, individual investors hold

There are 37 million 180 thousand people whose market capitalization is below 100 thousand, accounting for 74.4% of the total number of individual investors, and 2 million 837 thousand people, who account for more than 500 thousand yuan, accounting for 5.68%.

Jiang Jianrong, an analyst at Shen Wan Hongyuan securities, said that from the perspective of the number of accounts, China still dominated individual investors, accounting for more than 90% of the total number of personal accounts, which accounted for the absolute advantage. However, from the perspective of the market value of shareholding, the proportion of individual investors and professional institutional investors has decreased significantly in recent years.

In addition, March

The number of institutional investors exceeding $10 million is also increasing.

In March of this year, the number of institutional investors holding A listed shares with a market value exceeding 10 million yuan or more was 19891, an increase of 12.7% in the ring market, accounting for 30.16% of the total number of institutional investors, while the number of institutional investors holding the market value of listed A shares between 1 million yuan and 10 million yuan reached 16884, and the ring ratio rose by only 1.7%, accounting for 25.6% of the total number of institutional investors.

According to the joint China Private Wealth Report released by China Merchants Bank and Bain company, the number of high net worth individuals on China's personal investment assets of 10 million in 2015 has exceeded 1 million, and the total investment assets of the whole country can reach 112 trillion yuan in 2015.

Wu Xiaoping, executive general manager of the original wealth management department of CICC, according to the reporter, rich and powerful

The signs of returning to A share have been revealed, which can be seen as a good omen, but behind the phenomenon is also related to the fact that "housing price rises, exchange rate control, false trade and underground banks' attack".

"This stock market rally is related to the rise in house prices. Prices are rising. The rich want to invest in some assets to fight inflation.

The richest people in the second tier believe that the housing market has stabilized after such a large increase, and maybe the stock market will also play a role in resisting risks.

Wu Xiaoping revealed that several wealthy friends around him chose to return to the stock market because they could not get out of their money.

If the market capitalization of these investors is simply estimated at the end of 3 this year, about 5 of the average 100 Billionaires will be in the stock market.

The latest survey from China's independent wealth management agency also confirms this conclusion from the side.

Noah fortune's "2016 high-end wealth white paper" released by the end of February this year, said that the high net worth group who can invest more than 10 million yuan is still optimistic about the future of A shares, and 44% of the high net worth people plan to increase the allocation ratio of stock and equity funds.

The planned reduction of allocation ratio is only 16%.

According to previous investigations by the Hurun Research Institute, China's preferred investment category is still stocks, followed by real estate and fixed income.