abu6500ctmag| Guolian Securities was stranded, and brokers unexpectedly plunged, but funds took the opportunity to increase positions. Broker ETF (512000) attracted more than 76 million yuan in a single day!

Yesterday (5.15) brokerage unexpected adjustment, M & A hot stock Guolian Securities resumption limit failed to drive the plate to continue the offensive, the CSI all-index of securities companies closed down 2.Abu6500ctmag.7%.

Due to the restructuring of Guolian Securities + Minsheng Securities, Guolian Securities ushered in the resumption of trading nearly 3 weeks after the suspension, and there was no suspense trading limit at the beginning of trading. On the evening of May 14, Guolian Securities disclosed a major asset restructuring plan to issue A shares to purchase 100% shares of Minsheng Securities and raise no more than 2 billion yuan (including capital) supporting funds.

Changjiang Securities rose throughout the day, and Hubei Energy also announced on the evening of May 14 that the company received approval from the State-owned assets Supervision and Administration Commission on May 13. Hubei Energy and three Gorges Capital agreed to transfer about 530 million shares of Changjiang Securities and about 333 million shares of Changjiang Securities to CIC by private agreement. After the completion of this share transfer, the total share capital of Changjiang Securities will remain unchanged.

However, with the exception of the above two, the rest of the listed brokerages plunged across the board, 39 shares fell more than 2%, Zheshang Securities fell by the daily limit, Guosheng Financial Holdings and Pacific fell more than 8%. Plate top ETF-- brokerage ETF (512000) floor price closed down 2.48%, ending the day line 4 Lianyang.

As of May 15, the CSI all-index index of securities companies has risen nearly 6 per cent in the past 20 days, according to Wind. As a result, analysts judge that yesterday's decline in the plate is the shock finishing stage after the recent rise, in addition, the current market expectations of mergers and acquisitions of securities firms are gradually landing, superimposing negative information such as the overall pressure on the first quarterly report of the industry, short-term pessimism prevails.

Since 2023, under the clear guidance of the policy, "M & A" has become the strategic trend of the securities industry, and as a long-term sustainable theme, short-term adjustment or no change in medium-and long-term value. Up to now, four major mergers and acquisitions in the securities industry have surfaced: "Ping an + founder", "Pacific + Hua Chuang", "League of Nations + people's livelihood" and "Zhejiang Merchants + National Capital". Under the dual role of endogenous drive and policy guidance, the M & An integration of the securities industry is expected to speed up.

Looking forward to the follow-up of the plate, Guotai Junan said that on May 10, the CSRC issued a decision on revising the regulations on strengthening the Supervision of listed Securities companies. The new rules will further enhance the investment value of listed securities companies and benefit the brokerage sector. At the same time, it will further standardize the financing behavior of listed securities companies, improve the efficiency of the use of funds, and further promote listed securities companies to implement multiple dividends and repurchase write-offs in a year, improve investor returns, and so on. It is suggested to increase the holdings of state-owned head securities firms and related targets of mergers and acquisitions.

Societe Generale Securities believes that under the catalysis of policies such as low valuation and superimposed construction of first-class investment banks, there is sufficient room for valuation repair of the brokerage plate, and bargain can be arranged.

It is worth noting that yesterday's plate phase callback, funds have taken the opportunity to enter the market. Data from the Shanghai Stock Exchange show that brokerage ETF (512000) received a net inflow of 76.56 million yuan a day, ending the outflow before the end, and the value of plate investment is bullish.

Public data show that brokerage ETF (512000) tracks the CSI all-index securities company index, including 50 listed securities companies with one click, of which nearly 60% of the positions are concentrated in the top 10 leading securities firms, and the leaders of "big asset management" and "big investment bank" gather together. Another 40% of the positions take into account the high flexibility of the performance of small and medium-sized securities firms, absorbing the characteristics of periodic high outbreak of small and medium-sized securities firms, and is an efficient investment tool for centralized layout of head securities firms while taking into account small and medium-sized securities firms.

Data sourceAbu6500ctmagShanghai and Shenzhen Stock Exchange, Wind.

Risk Tip: brokerage ETF passively tracks the CSI index of securities companies, which was released on July 15, 2013.on the base day of 2007.6.29. The composition of the constituent stocks of the index shall be timely adjusted according to the rules governing the compilation of the index. In this paper, the index stocks are only displayed, and the individual stocks are not described as any form of investment advice, nor do they represent the position information and trading trends of any fund under the manager. The risk level of the fund assessed by the fund manager is R3-medium risk, which is suitable for investors of balanced type (C3) or above. Any information that appears in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, any form of expression, etc.) is for reference only and the investor is responsible for any discretionary investment behavior. In addition, any point of view, analysis and forecast in this article does not constitute any form of investment advice to the reader, nor is it liable for direct or indirect losses arising from the use of the contents of this article. Fund investment is risky, the past performance of the fund does not represent its future performance, and the performance of other funds managed by fund managers does not constitute a guarantee of fund performance, so fund investment should be cautious.

Tags:

Prev: freespinsnodepositnowager2022| Nankuang Group (001360.SZ): It has successfully established cooperative relationships with many purely foreign-controlled mining companies
Next: waxcryptomining| Alibaba (9988.HK): Total revenue for the fourth quarter of fiscal year 2024 was 221.874 billion yuan, a year-on-year increase of 7%