The "national team" once again increased its holdings, sending a positive signal to the market. On February 6, ** Huijin Company issued an announcement on its official websiteFully recognizing the value of the current A** market allocation, we have recently expanded the scope of holdings in exchange-traded open-ended index** (ETFs), and will continue to increase the intensity and scale of holdings to resolutely maintain the smooth operation of the capital market.
Industry insiders said that the entry of the "national team" to increase holdings has released a positive signal to the market, and the entry into the market through real gold will help boost the confidence of the capital market.
Affected by the good news,On the morning of the 6th, A-shares picked up**, and the three major stock indexes all rose. As of press time, the Shanghai Composite Index was around 2,725 points.
*Official website of Huijin Company.
*Huijin Investment Co., Ltd. (hereinafter referred to as "Huijin Company"), established in December 2003 and headquartered in Beijing, is a wholly state-owned company funded by the state in accordance with the Company Law of the People's Republic of China.
As of June 30, 2023, **Huijin directly held shares in 19 financial institutions, including banks such as China Development Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank, comprehensive institutions such as Everbright Group, CCB Investment, and China Galaxy, as well as insurance companies such as China Export & Credit Insurance Corporation and China Reinsurance (Group) Co., Ltd., as well as ** companies such as CICC and Shenwan Hongyuan.
On October 11 last year, ** Huijin Company announced that it had recently increased its holdings of A-shares in Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank in the secondary market, and will continue to increase its holdings in the next six months. On October 23 last year, Huijin Company issued another announcement stating that it would continue to increase its holdings in the ETF on that day.
In response to the recent fluctuations, there are also voices in the market calling for the "national team" to increase its efforts to rescue the market. Yang Delong, chief economist of Qianhai Open Source, suggested that under the current irrational situation in the market, it is of great significance to reverse the trend of the market through external forces to prevent the phenomenon of financing liquidation and panic selling. It is suggested that the national team should continue to increase the amount of funds entering the market, not only to achieve the bottom, but also to achieve a pull-up, so that the market can re-enter the upward channel.
China Securities Regulatory Commission: More incremental funds will be introduced for A-shares
According to the news of the China Securities Regulatory Commission on February 6, the spokesperson of the China Securities Regulatory Commission answered reporters' questions on the announcement of the increase in holdings of Huijin Company.
The official website of the Securities and Futures Commission.
Q: Today, ** Huijin Company announced that it will continue to increase the scale and intensity of increasing its holdings of ETFs, what does the CSRC think?
A: We have paid attention to the announcement of **Huijin Company. At present, the valuation level of the A** field is at a historical low, and the value of medium and long-term investment is highlighted, which has been fully recognized by investment institutions including ** Huijin Company.
We firmly support ** Huijin Company to continue to increase the scale and intensity of its holdings, and will create more convenient conditions and smoother channels for its market entry operations.
At the same time, we will continue to coordinate and guide various institutional investors such as public offerings, private placements, companies, social security institutions, insurance institutions, and annuities to enter the market more vigorously, and encourage and support listed companies to increase their buybacks and holdingsIntroduce more incremental funds for the A** market and make every effort to maintain the stable operation of the market.
** Huijin, Securities Regulatory Commission, Governor of Chang'an Street
Editor-in-charge: Zhai YujingDuty Editor: Sui YinweiReviewed by Dou HuaiguoResponsible for the school: Wang Yongbo
