In July, The Amount Of A-Share Reduction Was Nearly 100 Billion, And The Leading Technology Companies Were Not Afraid To Reduce Their Holdings And Go Up Against The Trend

After several large fluctuations, the Shanghai Composite Index finally recovered 3300 points on the last day after closing in July.

This year, the annual peak of the reduction is not only in July, but also in July. Wind data shows that the amount of A-share reduction reached about 93.85 billion yuan in July, the peak since this year, and the amount of reduction was more than 20 billion yuan higher than that in June (69.91 billion yuan).

In the view of industry insiders, the high reduction amount is indeed related to the number of lifting the ban; on the other hand, the hot market situation in July also gives shareholders the motivation to "put their bags in safety". At present, the market has withstood the impact of the reduction.

In particular, from the perspective of individual stock trends, Lixun precision, Longji shares, Zhifei biology, Gree Electric Appliance, etc., which ranked the top in the reduction market value, although the stock prices had a short-term adjustment after the announcement of reduction, they rebounded rapidly, which can be seen from the market enthusiasm.

Although the market is better, there are still some questions to be answered: how much will the reduction affect the market? Why do leading stocks grow against the trend? How to look at the risk of individual stock reduction? How will the stock market be reduced?

The reduction amount in July was nearly 100 billion yuan

The market was concerned about the lifting of the ban in July. According to wind data, the market value of A-share reduction in July reached 93.85 billion yuan, ranking the first since this year, 23.9 billion yuan higher than the second place in June, and 47.3 billion yuan higher than the peak of lifting the ban in January.

In terms of industries, the number of enterprises with reduced holdings in computer, communication and other electronic equipment manufacturing industries was the largest, reaching 96, and the reduced market value reached 23.8 billion yuan. Secondly, there are 57 software and information technology service industries, 55 electrical machinery and equipment manufacturing industries, and 55 pharmaceutical manufacturing industries. The reduced market value has reached 5.7 billion yuan, 4.9 billion yuan and 11.9 billion yuan respectively.

It can be seen that the shares of technology and medicine have been reduced by half.

In terms of individual stocks, 34 companies have reduced their holdings by more than 500 million yuan, and 12 companies have reduced their holdings by more than 1 billion yuan. The reduction amount of these 12 companies has reached 31.85 billion yuan, which is the major reduction in this time. The amount of shares reduced by more than RMB 2.0 billion and RMB 0.79 billion respectively were the first, followed by the amount of RMB 2.0 billion reduction and RMB 0.74 billion reduction of shares held by Lucent, followed by the decrease of RMB 0.59 billion in the amount of shares held by Lucent, followed by the decrease of RMB 0.74 billion in the amount of shares held by Lucent.

Among the top 10 stocks, there are many leading technology stocks, including lucent precision, Longji, Zhuo Shengwei, Zhaoyi innovation, San'an optoelectronics and Ziguang Guowei. The pharmaceutical unit has biological vaccine leader Zhifei biology.

Liao zongkui, a strategic analyst of lianxun securities, analyzed in an interview with the 21st century economic report that "there are two main reasons for the large amount of reduction this month. One is that a large number of bans were lifted in the middle of the year. July is the month with the largest reduction since this year, and the part that has not been lifted before can not be reduced. On the other hand, from a local point of view, the stock prices of many stocks rose a lot in the first half of the year, and the major shareholders will choose to reduce their holdings substantially after the lifting of the ban for the purpose of cash out. "

It is true that the peak of the lifting of the ban is directly related to the reduction of holdings, but not necessarily, because the total reduction in July was more than 40 billion yuan higher than that in January (46.56 billion yuan), which was the peak of the year's lifting of the ban. The hot market has become the driving force for shareholders to reduce their holdings.

Data shows that the volume of A-share trading broke out in July, and the daily turnover amount continuously exceeded the trillion yuan mark. The composite index rose by 13.9% in the month, with the Shenzhen composite index rising by 13.9%.

With the market value of 388 billion yuan, investors still need to pay attention to it.

Leading stocks are not afraid to reduce their holdings

Under the massive reduction, there are always leading stocks whose share prices are falling more and more bravely.

According to the trend of the top three stocks in July, the stock price was not affected by the reduction, and the performance was strong.

On the evening of July 22, Lixun precision issued a statement on the reduction of holdings, which said that the controlling shareholder of Lucent Co., Ltd. and one of its actual controllers, Wang Laisheng, reduced their holdings of about 130 million shares on July 22, accounting for about 1.85% of the total share capital. The reduction funds are intended to be used to repay the bank loans of Lixun Co., Ltd. and to support the related capital needs of Lixun precision.

After the announcement, although the company's share price with the market synchronized callback, but after a few days of adjustment, it rebounded again. At the close of July 31, Lixun precision reported 58.59 yuan, even higher than the share price on the day of reduction.

The good news just before the release of precision news is worthy of attention. On July 18, Lixun precision said that it would jointly invest with its parent company, Lixun Co., Ltd., to acquire 100% equity of Jiangsu Weichuang and 21.88% equity of Kunshan Weixin. It is reported that the main assets of the acquisition are the iPhone assembly and parts business of Wistron. If the acquisition is completed, lichen precision will acquire the ability to OEM iPhone.

The capital demand brought about by the above purchase intention is considered by the market as one of the reasons for the reduction of large shareholders. Lishun precision is the apple industrial chain company. With the blessing of Apple OEM, the stock price will rise further.

Liao zongkui analysis, "in fact, the impact of reducing holdings on the rise and fall of individual stocks is not big. At present, the reduction of the company's market value by more than 7 billion yuan has not affected the company's total market value by more than 400 billion yuan. "

Reduction in the amount of second, third Longji shares, Gree Electric Appliances share prices also resistant. After that, the stock price of the former rose by 2.2 billion yuan in the evening of July, but it still rose after the announcement of reduction of 2.2 billion yuan in the evening of July. After the announcement of the reduction, the share price only fluctuated with the market, and did not drop significantly.

"Such partial and small part of the reduction, in fact, has little impact on the overall trend. The company's share price is more affected by factors such as business fundamentals and market attention." Liao said.

As far as the future market situation is concerned, Liao zongkui thinks it is necessary to look at it in two. "The situation of each leader is different, and the future market can not be generalized. Take Lixun precision as an example. As the leader of the consumer electronics industry, it is a hot spot for everyone to pursue. The price has risen a lot, and the funds are relatively close. In the short term, the consumption and pharmaceutical industry have also increased a lot. We are optimistic about its track and its development is relatively stable. But high prices also mean potential risks. For a target like dragon head, reducing holdings does not bring risks in itself. The key is that after the company rises too much, the stock price does not match with the fundamentals, which will lead to risks. "