More Than 20% Stocks Of Strong Stocks Are Coming Up.

Wang Yu, a private equity manager accustomed to "hitting the plate", began to change his mind this year. His main topic is to study how to stabilize the thigh of the mechanism.

"Before is the fight board, now is looking for the organization to hold together the stock, this kind of subject's K line is very stable, so long as the buyer alliance disintegrates, the withdrawal will be able to harvest steady happiness......" He made fun of the change in the style of the two market this year.

On the evening of May 26th, the Shenzhen Stock Exchange made an early warning to the US group, Hua test and Sophia. As of 25, the share of foreign capital in these three companies has exceeded 26% of the warning line, close to 28% of the suspension of the purchase of the red line.

In fact, this is only the level of foreign capital, and domestic funded institutions are constantly pouring into the second-line leading companies in medicine, consumption and other industries.

This led to the fact that after removing the relatively stable tradable shares of the top ten shareholders, the number of chips flowing in the market quickly decreased, and the institutions also mastered the considerable amount of the remaining chips. Multiple factors, the recent food and household as the representative of the second-line faucets continue to rise.

Wang Yu's recent thinking is that the number of new funds in the recent market is large, and the scale is easily billions. In Guizhou, Moutai and other white horse stocks are at a high level. The second and the leading industries of the subdivision industry have already gained considerable background. Where will the new fund go to find undervalued targets next?

More than 20% stocks of strong stocks reached

In May 25th, the Dong Guangyang team of Huachang securities sent a tweet, which mentioned that "in 2018, we generally gave the wine and food target price about 30 times that year, and the condiment faucet was 35-45 times, but at the moment not only achieved the target of that year, but basically reached the valuation target of the next 12 months".

In this regard, he is not worried, in the context of funding determination, food and beverage has a certain valuation premium is reasonable, but further upward corresponding volatility risk is also increasing.

Behind it is the rapid rise of stocks in the food sector. According to statistics, at the beginning of this year, the top three sectors in Shen Wan second class industry are medical devices, semiconductors and food processing, with a cumulative increase of 55.61%, 49.75% and 38.52%.

It can be said that the stocks of "shop" and "food" are doing well this year, and three food stocks such as Yanjin shop have doubled since the beginning of this year.

From the distribution of chips in some food stocks, a large number of institutional funds have been gathered.

Food for harmony, familiar with melon seeds manufacturers, has risen to 70% since the beginning of this year, and the trend of K line is the same as Wang Yu described.

The company is fully tradable, with a total share capital of 507 million shares, of which the largest shareholder, Hefei Huatai Group, owns 224 million 580 thousand shares. After removing this relatively stable shareholding and social security fund holdings, there are about 272 million 420 thousand shares of liquidity.

Among them, Lu shares 34 million 390 thousand shares, the fund holds 35 million 820 thousand shares, and the two control the total bargaining chip of about $25.8%, which is only the institutional shareholding data at the end of the first quarter of this year.

From the two quarter of the shareholding changes, and the price of qqq shares rose, Lu stock holdings also reached a high of 41 million 290 thousand shares in May 21st.

This is not an example. There are similar situations in pharmaceutical and biological products, as well as household appliances, furniture and other consumer goods industries.

Take Ike, which is the top of the year's list of gains, for example, the company's non new shares, but the ten top tradable shareholders in a quarterly report are all kinds of investment institutions and funds.

Data show that the company has 131 million 960 thousand shares of free circulation, of which 32 million 490 thousand shares were held at the end of the first quarter, accounting for 24.62%.

This is also true of the furniture sector that has soared in May 27th.

Jiangshan Optima, wooden door manufacturer, has the biggest share of furniture in the year. The company's total share capital is 80 million 816 thousand shares, and chairman Wu Shuigen and 2 directors share 50 million shares. The 14 organizations of huitianfu fund and the Great Wall fund hold 6 million 874 thousand and 500 shares.

After mastering 20% or even more chips, the fund and other buyer institutions and land shares have undoubtedly become the most important variables in the operation of the two tier market.

Capital spillover to sub field champion

In fact, the above targets are not the traditional white horse stocks in the traditional sense, but belong to the "small and beautiful" representatives in the subdivision area.

In this regard, Wang Yu summed it up as "before holding a big white horse and now holding a little white horse."

The logic behind this is that this year's two tier market has continued to have a preference for growth in a deterministic sector or industry, and funds such as institutions are hard to find better targets.

On the contrary, the stock of liquor and household appliance industry has accumulated a huge increase last year. At this time, the "cost performance" is still not high, and market funds begin to spill over to the second tier leaders and the champion in the field.

Take the household electrical appliance industry as an example, GREE appliances ranked third in 2019, with a year-round increase of 91.66%. In the first quarter of this year, the fund reduced 202 million shares of the company, and the company has fallen by 14.24% since the beginning of this year.

The funds coming out of the white horse stock market may enter the second line subdivision of the leading stock.

Small bear appliance holdings increased sharply from 367 thousand shares to 5 million 158 thousand shares in the first quarter of this year, up 80.4% from the beginning of this year, and fourth of home electric shares.

Another two days in recent years, Sophia is the characteristic enterprise in the Furniture Customization industry. It belongs to a brother in the custom wardrobe field. The middle pet stock is the only two pet food manufacturer of A shares, which has its own scarcity.

In the background of changing the industry boom and future growth, it is easy to attract institutional groups to enter, and even a single buyer's multiple products together.

Take Ike as mentioned above, for example, 12 million 246 thousand and 800 of the 32 million 490 thousand shares held by the fund are from the ICBC Credit Suisse fund, which belong to 7 different funds of the company, among which the top 4 holdings are fund managers, and the fund managers are Tan Donghan and Zhao Bei.

Similar to the public fund managers, "one drag several" cases have been common, but if the management of several products at the same time to enter a single stock, will undoubtedly have a significant impact on the volatility of the two tier market.

On the other hand, seller organizations are also cooperating with voice production.

For example, the outstanding food sector, recently, Guo Hai securities made a clear stand in a weekly newspaper that "ignoring short-term corporate valuation and focusing on long-term growth space".

With the cooperation of the buyers with the advantage of capital and the Sellers with information superiority, the investment logic of the two tier market on consumption, medicine and other sectors may be further strengthened.

In the final analysis, A shares under institutional leadership are still the growth stocks. (Editor: Wu Yan Ling)

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