Reporter Wang Ning and trainee reporter Fang Lingchen.
On February 6, ** Huijin Investment Co., Ltd. (hereinafter referred to as "** Huijin Company") announced that it has recently expanded the scope of holdings of exchange-traded open-ended index (ETF) and will continue to increase its holdings and expand the scale of its holdings. Affected by the increase in holdings, the Shanghai and Shenzhen stock markets rose sharply across the board on the same day, and many sectors ushered in a long-lost strong **; At the same time, a number of indexes** once again "attracted gold" intraday, with 36 ETF shares surging by more than 10 billion shares throughout the day.
According to the interviewees, **Huijin's increase in holdings on the one hand sends a positive signal to the market, which is conducive to short-term sentiment repair and risk appetite improvement; On the other hand, as the chips are gradually cleared and the long forces are accumulated, the market will usher in further repair.
Institutions" **Broad-based Index**
During the morning trading on February 6, ** Huijin Company issued an announcement saying: "* Huijin Company fully recognizes the value of the current A** field allocation, and has recently expanded the scope of ETF holdings, and will continue to increase its holdings, expand the scale of holdings, and resolutely maintain the smooth operation of the capital market." β
In response, a spokesman for the China Securities Regulatory Commission said that the China Securities Regulatory Commission firmly supports ** 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.
Under the increase in holdings of **Huijin Company, market sentiment was also ignited. Judging from the performance of the whole day, the Shanghai and Shenzhen stock markets rose sharply across the board, and many indices showed strength**. At the same time, the index** has once again shown the ability to "absorb gold"; As of **, there are 36 ETFs with more than 10 billion shares. Among them, ChinaAMC Science and Technology Innovation 50 ETF has surged by 100 billion shares, ranking first.
In fact, a number of broad-based indices** have been favored by money since the beginning of the week. Wind data shows that as of February 6, since the beginning of this week (February 5 to February 6), ** ETFs have received a net of about 94.1 billion yuan; Among them, the broad-based leading ETFs in the small and medium-sized innovation sector, such as CSI 1000 ETF, ChinaAMC CSI 1000 ETF, CSI 500 ETF, and E Fund ChiNext ETF, have significantly increased in volume, showing a net capital trend.
For example, the daily turnover of CSI 1000 ETF in January this year was below 1 billion yuan, while its turnover in the past two days was about 8.7 billion yuan and 5.4 billion yuan respectively, which was significantly amplified. The turnover of CSI 500 ETF in the past two days was about 16.1 billion yuan and 4.9 billion yuan respectively, and its turnover on February 2 was only 1.8 billion yuan.
"In the process of providing liquidity for the market, relevant investment institutions use ETFs as the main tool because ETFs have unique advantages in investing in the market in an all-round way. Investing in A-shares through ETFs allows you to deploy a large number of A-share companies with great investment value with one click. For investors, ETFs can diversify investment risk; For the market, funds enter the market through ETFs, which can provide liquidity for more high-quality companies. β
Send positive signals
Talking about the positive impact of the increase in holdings of Huijin Company, a relevant person from Huaxia told the reporter: "The medium and long-term capital layout ETF sends a positive signal to the market, which reflects the importance of the top management to the stable development of the capital market, which is conducive to the repair of short-term market sentiment and the improvement of risk appetite." The continuous entry of medium and long-term institutional funds into the market will also help optimize the investor structure, guide the direction of market investment, and form a virtuous circle in which the real economy and the capital market promote each other. β
In the view of relevant people in Harvest**, Huijin's move to increase its holdings in ETFs is necessary, reasonable, and worthy of the welcome and encouragement of market participants. Stability** means stabilizing residents' expectations and confidence. The continuous implementation and active adjustment of relevant policies are the due meaning of the goals of stabilizing the market, avoiding systemic financial risks, protecting the interests of investors, and protecting the effective needs of residents.
* The market sentiment brought about by Huijin's increase in holdings is also reflected in the index trend, on February 6, A-shares opened the "big **" as of February 6**, the three major indexes all rose by more than 3%, of which the Shanghai Composite Index rose 323%, and the Shenzhen Component Index rose 622%, the GEM index rose 671%γThe net amount of northbound funds exceeded 12.6 billion yuan.
The interviewed institutions believe that after a period of adjustment, the current A** field allocation value is highlighted, the investment cost performance is high, and the future market trend is optimistic.
A relevant person from Huaxia ** said: "Historically, A-shares have faced many 'difficulties', but they have finally successfully come out. Looking ahead, as the chips are gradually cleared, the accumulation of long power means that any unexpected events in terms of fundamentals and funds can bring about a recovery in confidence. At present, the real economy is improving, the steady development of the capital market has a solid fundamental foundation, and the PMI (manufacturing purchasing managers' index) data in January ended the decline for three consecutive months, reflecting the rebound in the level of economic prosperity. Under the recovery of external demand, policy efforts and the recovery of demand itself, the macro level is expected to develop in a good direction, and there is a high probability that the two cities will have a good period of repair**.
* |Station cool Hailuo production |Zhang Wenling