Fund “intensive consumption” of Maotai’s 1,122 fund positions increased 54% in the second quarter
Original title: Fund “intensive consumption” of Maotai’s 1,122 fund positions in the second quarter increased by 54% from the previous month Source: Zhang Zhiwei, a reporter from the Securities Daily, said that the figures were unchanged and unchanged.
As of July 21, according to Oriental Fortune Choice data, 8318 funds reported in their second quarter results that the data was supplemented. From the perspective of the top 10 fund heavy stocks, the biggest “change” is 北京夜网probably the change in the number of funds held. In the first quarter, Ping An of China had846 only fund holders, soared to 1,243 in the second quarter, Guizhou Maotai had 727 holdings in the first quarter, and 1122 in the second quarter, an increase of 46 from the previous quarter.
9% and 54%.
The list of the top ten heavy stocks in the financial and food and beverage funds list has changed slightly in the second quarter. Ping An of China, Maotai, Guizhou, and Wuliangye are still in the top three., Vanke A, Changchun High-tech, Wen’s shares quietly disappeared, and replaced by Midea Group, Industrial Bank and Industrial and Commercial Bank.
The top 10 heavy stocks in the second quarter were: Ping An of China, Maotai of Guizhou, Wuliangye, Yili, Gree Electric, China Merchants Bank, Midea Group, CITIC Securities, Industrial Bank, and Industrial and Commercial Bank of China.
In addition to the significant increase in Ping An and Guizhou Moutai Fund holdings, Wuliangye’s holding funds also increased from 495 in the first quarter to 739 in the second quarter, an increase of 49% from the previous month, and Yili’s shares increased from 424 to 721, an increase of 70 from the previous month.%.
Industrial and Commercial Bank of China increased from 226 to 480, which has more than doubled from the previous month, and Gree Electric has also increased in different degrees.
The fund’s position on leading blue chips shows that the fund is increasingly favoring leading stocks.
From the point of view, Yili shares rose from 7th to 4th, ranking before China Merchants Bank and Gree Electric.
From the perspective of the top ten heavy storage stocks, in the second quarter, public funds continued to increase their positions in liquor, food, banking and insurance, as well as the food and beverage sector represented by liquor and dairy.
Ping An of China still has the largest market capitalization of public funds with a total market value of $ 74.9 billion. This is also the 19th consecutive quarter of Ping An’s largest market capitalization since the fourth quarter of 2014.
In Maotai, Guizhou, Wuliangye and Yili are the second, third and fourth largest heavy stocks. The number of positions in the top ten heavy stocks of public funds has increased compared with the end of the previous quarter.Quarterly report of 4.
3% increased to 4.
62% of the shares in Guizhou Moutai were held by 3.
79% to 4.
From the secondary fund companies such as Yi Fangda, Huaxia, Invesco Great Wall, Minsheng Bank and other disclosed the second quarter report of the subsidiary fund.
Leading stocks in the consumer and financial sectors such as Ping An of China, Maotai of Guizhou, Wuliangye, and China Merchants Bank are still their heavy stocks.
In response to the fund ‘s push for Bailong ‘s stock market, Yang Delong, chief economist of Qianhai Fund, explained to the Securities Daily reporter that from the second quarterly report, the fund ‘s increase in Bailong ‘s stock market is very strong, and more and moreThe fund recognizes the value of the White Dragon Horse Stocks, which represent the most active stocks in China and have a relatively good investment value.
A public fundraiser, who declined to be named, said that this phenomenon is also related to the establishment of 504 funds this year.
Investment in Moutai has a “different” voice. The most striking stock in the second quarter was undoubtedly the liquor stock.
Guizhou Moutai and Wuliangye are second only to Ping An of China and have become the second and third largest heavy stocks in public funds with total market capitalization of 56.9 billion and 38.1 billion yuan, respectively.
Wuliangye closed at 45 on the first day of this year’s opening.
24 yuan, the closing price on July 19 was 122.
14 yuan / share, an increase of 215 during the year.
At 7%, the first day of Guizhou Moutai New Year’s opening price closed at 584.
44 yuan / share, the closing price on July 19 was 955.
87 yuan / share, an increase of 63 during the year.
55%, from the second quarterly report, in the consumer side of E Fund, E Fund’s small and medium-cap market is the largest active equity fund holding Maotai and Wuliangye in Guizhou. E Fund has thus become the fund company with the two largest stocks.
According to the second quarter report of the Fund, Wuliangye ‘s preferences have continued to increase, but the market ‘s optimism about Guizhou Moutai and Wuliangye is not one-sided. Other voices have been killed from oblique stabs.
Dan Bin, chairman of Oriental Harbour Investment, must have been a firm growth supporter of Moutai, Guizhou in the market.
In the beginning of 2018, Bin shouted in an interview with the media: “Guizhou Moutai is actually not expensive. By the end of 2018, it may rise to make the market fall.
“Moutai has also risen from about 600 yuan / share in early 2018 to a maximum of 1035 yuan / share this year, which has indeed made the market profit.
On July 13, 2019, Dan Bin said in an interview with the media that “the leading liquor companies are too expensive and will sell”, which made the market interpret it as Dan Bin’s possible concern about Moutai in Guizhou.
Yang Yongsheng, a well-known food analyst at China Merchants Securities, said in an interview with the Securities Daily that the structure of Moutai wine is driving growth, and that the quality of the series of wine is more important than the volume.
Yang Yongsheng continued to be optimistic about Moutai in Guizhou for three reasons: First, the revenue growth rate of Moutai in Guizhou in the second quarter fell under a high base, and the growth rate is expected to pick up in the second half of the year, with the goal of 100 billion yuan within reach.
The company’s total operating income for the first half of the year was 411.
700 million, net profit attributable to mother 199.5 ten percent, an increase of 16 per year.
8% and 26.
6%, of which 186 in the second quarter.
900 million yuan, an increase of 10.
9%, net profit attributable to mother 87.
300 million yuan, an increase of 20.
Second, the company continued to optimize the series of wine dealers. The number of wine dealers in the first half of the year decreased by 494, and the growth quality was more important than speed.
In addition, the company’s channel rectification is still continuing. In the second quarter, 60 Feitian Moutai dealers were still cancelled. Combined with the previous data, a total of 536 canceled. It is estimated that the cumulative replacement quota is more than 6000 tons.
In the first half of the year, direct sales accounted for 3.
9%, the promotion of the direct management system still needs to be accelerated.
The third is that the amount of advance receipts increased month-on-month, and the cash flow indicators were beautiful.
Guizhou Moutai Interim Report shows that the company received advances 122 in the second quarter.
600 million, an annual increase of 23.
200 million, an increase of 8 from the previous month.
苏州夜网论坛 8 ppm, gross profit margin increased, sales expense ratio decreased, and profitability improved.
Gross profit margin in the second quarter was 92.
0%, the proportion of Maotai liquor increased, while non-standard Maotai structure increased contribution.