The light manufacturing industry led the way to increase its positions by going northward this week.
Go northward to fund for five consecutive weeks
Add positions in the real estate industry
According to data Bao of the Securities Times, northward Capital increased its positions in 21 emergency industries this week (May 13 to May 17), excluding the latest holdings of less than 500 million shares.Pennbattle310000After the industry, the number of positions in nine industries increased by more than 1% month-on-month.
The number of capital positions in the light manufacturing industry has increased most significantly, up from 8% at the end of last week.Pennbattle310000.4.8 billion shares increased by 4.69 per cent to 888 million shares.
Among them, Sophia (002572) received the highest intensity of northward capital increase this week (the proportion of northward capital holdings in outstanding shares), reaching 1.53%.
Sophia is a representative enterprise in the field of household goods in the light industrial manufacturing industry. In the first quarter of 2024, the company achieved revenue of 2.111 billion yuan, an increase of 16.98% over the same period last year, and a net profit of 165 million yuan, an increase of 58.59% over the same period last year.
Shen Wanhongyuan Securities said Sophia's first-quarter performance slightly exceeded expectations. The company's "multi-brand, full-category, omni-channel" strategy continues to deepen, the whole package marketing drives the customer unit price up, the whole package, bags and other channels make efforts to capture passenger flow, Milana and other new brands to broaden the coverage of the population, and achieve steady growth in performance. maintain the company's "buy" rating. The stock has been strong recently, up nearly 16 per cent this week.
As the downstream industry of the real estate industry, the correlation between the household goods industry and the real estate market is very high. With the intensive introduction of real estate policies, the enthusiasm of house buyers is expected to be reactivated, and the demand of home buyers for household products will also increase.
Recently, a number of institutions released research reports optimistic about the investment opportunities brought about by the valuation and repair of the home sector. Shen Wanhongyuan (000166) believes that the current valuation of the household industry is at the bottom, fully reflecting pessimistic expectations. Recently, real estate and household consumption stimulus policies have been issued continuously, stabilizing the expectation of consumer demand for new housing, promoting the relay of demand for renovation of existing housing, and driving the valuation and repair of the industry. Haitong Securities (600837) said that the continued recovery in policy will contribute to the completion of real estate construction-sales gradually recover upward, home plate repair is worthy of attention, optimistic about the growth space of leading household listed enterprises.
Data Bao further statistics found that the rising popularity of the real estate industry has been northward funds for five consecutive weeks to increase the position, the number of shares increased by 15.08%.
Guolian Securities said that the real estate industry is expected to gradually bottom, plate valuation may follow the policy landing and fundamental improvement gradually repair. On the demand side, there is still much room for improvement in the urbanization rate. After the release of improved demand after superimposed loose policies, demand is expected to continue to repair; on the supply side, the policy continues to adhere to the "policy based on the city", emphasizing the digestion of the stock of real estate, and the "trade-in" policy is gradually carried out in various cities, which is expected to invigorate the assets of real estate enterprises. It is suggested that we should pay attention to the state-owned enterprises with strong financial strength and high-quality and abundant land reserves, as well as the housing enterprises with the ability to shape improved products.
From the perspective of individual stocks in the real estate industry, Poly Development, China Merchants Shekou (001979) and Xinhu Zhongbao (600208) ranked among the top three in the number of shares increased by northward funds in the past five weeks, with 59.9619 million shares, 45.8872 million shares and 36.8454 million shares respectively.
Leading Poly Development achieved revenue of 49.748 billion yuan in the first quarter of 2024, an increase of 24.41 percent over the same period last year, and its net profit was 2.224 billion yuan, down 18.28 percent from the same period last year. Cheung Kong Securities (000783) said that although cyclical pressure is inevitable, taking into account Poly's competitive advantages and long-term position such as development financing, land acquisition and rate control, the expectations implied in the early valuation are already too pessimistic, and the company's valuation repair is expected. Maintain the company's "buy" rating.
Go northward to fund for four consecutive weeks
Increase the position of 9 real estate stocks
According to Databao statistics, northward funds increased their holdings in 9 real estate stocks for four weeks in a row.
Beichen Industrial has the highest share change, reaching 89.92%, and the number of shares has increased to 26.9711 million shares from 14.2014 million shares four weeks ago. The company's main business includes real estate development, exhibition (including hotels) and commercial properties. In 2023, its operating income reached 15.751 billion yuan, an increase of 21.27% over the same period last year. Its mother's net profit was 68.064 million yuan, turning losses into profits.
The changing proportion of Suzhou Hi-tech shares ranks second, with the number of shares increasing to 7.3406 million shares from 4.1917 million shares four weeks ago. In the first quarter of 2024, the company achieved revenue of 4.22 billion yuan, an increase of 43.78% over the same period last year, and a net profit of 112 million yuan, an increase of 9.47% over the same period last year. Soochow Securities (601555) said that as a key "emerging industry investment operation and production city comprehensive development service provider" in Suzhou High-tech (600736) Zone, the park development business is in the leading position, and the industrial park business has improved steadily. Maintain the company's "buy" rating.
Judging from the performance of the secondary market, the above nine shares have all risen positively this week, with Shanghai Real Development (600748), Deep Housing An and Deep property An all up more than 10 per cent.