After Huijin once again increased its holdings in the four major banks and ETF products after eight years, recently, the two major insurance institutions joined forces for the first time to establish a private placement of 50 billion yuan to enter the secondary market, and the state-owned capital operation company with 100 billion assets publicly increased its holdings in the central enterprise science and technology index.
Industry insiders believe that there is no turning back from the bow, and there will be more institutions or funds in the future. The "real gold**" of heavyweight institutions has taken over the baton and is continuing to accumulate strength to activate the capital market and boost investor confidence.
Guoxin increased its holdings in the central enterprise technology index**.
At 13:31 on December 1, China ** Daily CSI Taurus published a "[Exclusive] Blockbuster!".The news of the entry of state-owned capital operating companies into **ETF" detonated the market.
A number of central enterprise index ETFs are obvious**, and the trading volume of the whole day has increased suddenly. The three major A-share indexes also suddenly rose sharply at 13:31, and the Shanghai Composite Index successfully held the 3,000-point mark. As of **, the Shanghai Composite Index and ChiNext Index have achieved **.
After the China ** newspaper and the CSI Taurus app, China's new announcement revealed the original story. The state-owned capital operation company China Guoxin Holdings Holding Co., Ltd. announced that the company's Guoxin Investment increased its holdings in the CSI Guoxin Central Enterprises Technology Index today, and will continue to increase its holdings in the future. It is reported that Guoxin may continue to increase its holdings every day in the next week.
On the morning of December 2, an announcement issued by China Guoxin once again unveiled the increase in holdings.
According to the announcement, on December 1, the specific ** products of China Guoxin's increase in holdings were CSI Guoxin Central Enterprises Technology Leading Index ETF and CSI Central Enterprises Innovation Driven Index ETF. From the perspective of turnover, the turnover of the Southern Central Enterprises Technology ETF and the Bosera Central Enterprises Innovation Driven ETF increased significantly, or the two key products that Guoxin increased its holdings on the same day. The former traded 2 throughout the day9.8 billion yuan, nearly 8 times more than the previous trading day;The latter traded 3 throughout the day2.1 billion yuan, an increase of about 4 times from the previous trading day. Combined with the data on the new turnover of the two products, the amount of China Guoxin's entry into the **ETF on December 1 may exceed 500 million yuan.
China Guoxin announced that for the increase in the central enterprise technology index, China Guoxin said that this move sent a positive signal to the market that it is optimistic about the long-term value of listed companies of central enterprises, and highlights the responsibility of the first enterprise. In the current market environment, Guoxin Investment has fully mobilized the role of indices and ETFs as market vanes, and effectively guided funds to efficiently gather in the field of scientific and technological innovation of central enterprises by significantly increasing its holdings in central enterprise science and technology ETFs, so as to introduce more market resources for the development of strategic emerging industries. In the next step, Guoxin Investment will continue to innovate and expand the equity operation mode by using centralized investment, active shareholders, index and other operational means to help listed companies of central enterprises achieve high-quality development.
Heavyweight institutional funds are frequently sold.
According to the official website of China Guoxin, China Guoxin is a state-owned capital operating company and one of the most important enterprises supervised by the State-owned Assets Supervision and Administration Commission. By the end of 2022, the company's total assets were nearly 860 billion yuan. It is worth noting that in addition to China Guoxin, a number of large state-owned institutions have invested in the market this year.
On October 11, ** Huijin Investment Co., Ltd. had increased its holdings in the four major banks such as Agricultural Bank of China, Bank of China, China Construction Bank and Industrial and Commercial Bank of China through the Shanghai ** Exchange trading system, and said that it intends to continue to increase its holdings in the secondary market in the next 6 months (from the date of this increase) in its own name.
On October 23, the official website of Huijin announced that Huijin Company had an exchange-traded open-ended index (ETF) on the same day and would continue to increase its holdings in the future. On the same day, the trading volume of Huatai Pineapple CSI 300 ETF, ChinaAMC SSE Science and Technology Innovation Board 50 ETF, and CSI 500 ETF increased significantly. Combined with the data on the change in the scale of the ETF in the market, some institutions said that the market speculated that Huijin Company would be nearly 10 billion yuan this time.
It is reported that the last time Huijin increased its holdings in the four major banks and publicly announced the purchase of index ETFs was 8 years ago.
According to the official website of Huijin, Huijin Company is a wholly state-owned company funded by the state, which exercises the rights and obligations of investors of key financial enterprises such as state-owned commercial banks on behalf of the state in accordance with the law. **The duties of an important shareholder of Huijin Company are exercised by ***. **The members of the board of directors and the board of supervisors of Huijin Company are appointed by *** and are responsible for ***.
On the evening of November 29, Chinese Life and Xinhua Insurance, two large insurance institutions, announced that the two parties will each invest 25 billion yuan to jointly initiate the establishment of private placement ** investment *** tentative name: Honghu private placement ** investment *** The two companies' holding subsidiaries China Life Asset and Xinhua Asset respectively invested 5 million yuan to jointly initiate the establishment of a ** manager company (tentative name: Guofeng Xinghua private equity ** management *** as the manager of Honghu private placement.
It is reported that this private equity company with a total scale of up to 50 billion yuan will focus on the secondary market and invest in high-quality listed companies for a long time. The pilot period is 10+n years, and the initial filing period is 10 years, which can be extended by changing the filing method after the expiration of the 10-year period. This is also the first private placement of direct investment by an insurance company***Previously, insurance funds were only allowed to invest in private equity**, that is, mainly in the primary market.
The market boost is continuing to gain momentum.
Many insiders in the investment circle believe that the continuous increase in holdings of large funds will play a positive role in boosting market trading sentiment. The recent entry of heavyweight institutions into the market has its special significance.
*Behind Huijin's move for the first time in eight years, its determination and signal to maintain the stability of the capital market are of strong significance, and its increase in holdings in ** blue-chip ETFs can also play a more direct supporting role in the relevant blue-chip indexes.
Judging from historical data, after the previous ** Huijin shots, the market has shown a certain boost in performance. According to statistics, within a week after ** Huijin announced its increase in ETF holdings on October 23 this year, the net inflow of A-share ETFs exceeded 15 billion yuan.
On the one hand, China Guoxin's increase in the state-owned technology index will help boost market confidence and inject incremental funds into the market. On the other hand, it can make full use of the pivotal function of the capital market, guide capital to concentrate in strategic emerging and scientific and technological innovation industries, and promote the development of high-tech industries and strategic emerging industries. China Guoxin and Huijin both entered the market from the ETF level, which will not only greatly improve the liquidity of the ETF, but also use the ETF to boost the trading sentiment of the package.
The alliance between the two leading insurance companies in the insurance industry can be seen as a response to the call of the regulator to encourage long-term capital to enter the market, play the role of "stabilizer" and "ballast" of insurance capital, support the steady development of the capital market, and promote the positive interaction between insurance capital and the capital market. "Focusing on high-quality targets in the secondary market, funded by leading insurance companies, with a scale of up to 50 billion yuan, the significance of sending positive signals to the market is still obvious. An insurance asset manager said.
A person who has been in the industry for more than 20 years said that the public use of real money to enter the market may be one of the most direct and effective ways to stimulate the sentiment of the capital market. By co-ordinating the transmission chain of the capital market, grasping the inflection point of reversing the market trading sentiment, and with the help of the positive feedback effect of market sentiment, the shot of large funds will be able to play the role of "four or two thousand pounds".
It is understood that in the future, the regulatory authorities will continue to study and promote the implementation of a number of new measures in guiding medium and long-term funds to enter the market and encouraging long-term value investment. A few days ago, E Fund**, Huaxia**, GF**, Fuguo**, Nanfang** and other leading trillion-yuan public offerings have collectively voiced their determination to be long Chinese assets.
A number of industry insiders believe that under the demonstration effect of the head institutions, more and more institutions may enter the market in the future, which will inject a steady stream of new impetus into the active capital market.
Xi Editor: Li Wenyu |Review: Li Zhen |Supervisor: Wan Junwei.
*: China ** newspaper).