Year of the Rat A-share strong aid continues, and smart money continues to flow in

Year of the Rat A-share strong aid continues, and “smart money” continues to flow in
For stocks, please read Jin Qilin analyst research report, authoritative, professional, timely, and comprehensive, to help you tap potential potential opportunities!  A-share support in the Year of the Rat has continued-“smart money” has continuously flowed in, and many 武汉夜生活网 places have adopted “temperature” policies to consolidate SMEs .Suddenly caught off guard, but recently, the International Monetary Fund and the World Bank have stated that they have confidence in the Chinese economy, that the Chinese government has enough policy space to deal with this epidemic, and has injected considerable market liquidityThese predictions can alleviate the losses caused by the “epidemic” to China’s economic growth.  At present, many regions have introduced “temperature” policies for enterprises.For example, Beijing, Shanghai, Chongqing, Shandong and other places have successively introduced a series of policies to support the development of enterprises, especially to effectively reduce the burden on SMEs.  Affected by the short-term impact of the epidemic, the first trading day after the A-share market fell, and the market has continued to grow in the past two days.Some institutions claim that “A shares have the opportunity to make a dip.”It can be seen that the abundance of so-called “smart money” has continued to have a net inflow in the near future and has become a force that cannot be ignored in the A-share market.  Experts: China ‘s economy is improving. Emerging industries ‘contribution to the economy will continue to increase. Recently, the International Monetary Fund and the World Bank have stated their weight and are confident in the Chinese economy. The Chinese government has enough policy space to deal with this.The epidemic situation has injected a considerable amount of liquidity into the market, which can gradually alleviate the losses caused by the “epidemic situation” to China’s economic growth.  Deputy Director of the National Development and Reform Commission Lian Weiliang frankly stated in the press conference of the State Council ‘s antiques on February 3 that from the current situation, the impact of the “epidemic” on the current Chinese economy, especially on consumption, is increasing, especially on transportation, Cultural tourism, hotel catering and film and television entertainment services have a greater impact on consumption.But to experts, this impact is only temporary and temporary, and will not change the fundamentals of China’s long-term positive economy.  Although Zhang Jun, chief economist of Morgan Stanley Huaxin Securities, continues to have an “outbreak,” the long-term positive trend of China’s fundamentals can still be confirmed in the following two aspects: First, before the “outbreak”, someCompanies have appeared to replenish inventory funds.The PMI production index continued to rise, and the recovery of the global economy has boosted corporate production, and the cycle of corporate capital expenditures has expanded.At the same time, the gap between new orders and finished product inventory has increased, and raw material inventory has increased, which means that companies with overweight infrastructure and real estate share have gradually started to prepare goods in advance.Furthermore, the epidemic can only delay the pace of replenishing inventory, but cannot change the inventory replenishmentMegatrends; Second, the Ministry of Finance has launched a special debt issuance on January 2 with a higher issuance volume than the same period last year.At the same time, the country continues to add more to the development of emerging industries.Driven by industrial transformation, the contribution rate of emerging industries to economic development will increase, and the alternative tradition of investment will also emerge in two new sizes.  The intensive policies issued in many places to relieve the difficulties and to delay the payment of social insurance premiums are indispensable to face the epidemic situation. In many places, enterprises have adopted a “temperature” policy.Among them, deferred payment of social insurance premiums is indispensable. Shanghai adjusts the social security payment base only three months a month, which will reduce the burden on enterprises by more than 10 billion yuan.  On February 4th, Chongqing issued the “Twenty Policies and Measures to Support Small and Medium-sized Enterprises to Solve the Pneumonia Epidemic of New Coronavirus Infection”, which covers financial support, tax and fee reduction, and optimization of services. These policies replaceWill be implemented until June 30, 2020.  On February 4, Shandong Province issued “Several Opinions on Supporting the Stable and Healthy Development of Small and Medium-sized Enterprises in Response to the Epidemic of New Coronavirus Infection Pneumonia”, and proposed 20 specific measures from 4 aspects to support the SMEs in the province to actively respond to the impact of the epidemic and achieve stability.healthy growth.  Democracy, Shanghai, Beijing, and Beijing also successively introduced policies such as extending the collection period of social insurance premiums, and increased credit support and subsidies for SMEs affected by the epidemic.  In addition to social security, reasonable and rented policy support, Guo Yiming, director of investment consultants of Jufeng Investment Gu, also offers preferential policies on credit in many places, but the proportion of small, medium and micro enterprises receiving loans from the financial sector is still relatively low.It is recommended to establish a one-to-one assistance mechanism, or build a small and medium-sized enterprise micro-enterprise lyrical fund to effectively help small and medium-sized enterprises to rescue them; gradually, it can also properly guide the appropriate transformation and conversion of small and medium-sized enterprises, thereby reducing offline activities and actively shifting to onlineTo ensure the smooth progress of production activities.Of course, for some industries that have been severely affected by the epidemic, the government must provide some supplements.Finally, for small and medium-sized enterprises themselves, they also need to save themselves to minimize costs.  According to the statistics of the flush flush iFinD data from foreign stocks, A-shares underestimated the attractiveness of large stocks. According to statistics from the straight flush iFinD, from February 3 to February 5, there was a cumulative net inflow of northbound funds.01 billion.  From the perspective of the three trading days after the Spring Festival, Li Zhan, chief economist at Zhongshan Securities, said that foreign exchange inflows maintained the overall situation in January this year.Foreign institutional investors generally believe that the probability of the epidemic’s impact on the Chinese economy is seasonal. The intrinsic value and advantages of high-quality companies and A-share core assets will continue to maintain the buying trend and lower the A-share core quality assetsBottom.  At present, the stock market value of Beishang Capital accounts for nearly 3% of the total market value of A shares in circulation, which is continuing to rise steadily, and is closer to the proportion of domestic institutions.In the sense of leading the market, going northward has some predictability.In the context of the current epidemic situation and the rhythm of the A-share market, the large inflow of funds to the north is of great significance in stabilizing market sentiment, attracting long-term funds for value investment, and promoting the internationalization of A-shares.  The A-share market sentiment has gradually stabilized. It is expected that the capital of Kitakami will maintain a net inflow situation 杭州桑拿 in the short term, and the net inflow for the week after the holiday is expected to reach about 30 billion.Under the Shanghai-London Stock Connect, China-Japan ETF interoperability, amendments to the QFII / RQFII system rules, comprehensive launch of H-shares “full circulation” reforms, and other multiple measures, if the 2019 annual net inflow is used as a reference benchmark, it is expected to go north in 2020The net inflow of funds is expected to reach 300 billion yuan.