Cailian News on May 13th (Editor Zilong),Today (May 13th), the public utilities sector strengthened again, and individual stocks were also active collectively. At the close, Gansu Energy, Xichang Power, Star Power, Hong Tong Gas and Leshan Power had daily limit, while Shouhua Gas rose by nearly 12%. Among them, Xichang Power won 4 boards in 6 days, and Star Power and Leshan Power both advanced to 2 boards.
The public utilities sector has warmed up, and many shares have reached a new high in the year.
For a long time, due to the slow growth of the industry and the lack of imaginable space, the public utility sector is relatively unpopular compared with various growth tracks and themes, and its related concept stocks are also unattractive to the market. However, with its relatively anti-pressure performance at the beginning of the year and its obvious performance in the near future, the popularity of public utility stocks has reunited again and has become the focus of investors’ attention in recent days. As of today’s close (May 13th), the utility sector has increased by nearly 11.3% during the year, ranking in the top 20% of the sector rankings.
In terms of specific stocks, many targets also hit new highs in the year today. As of today’s close, a total of 37 utility stocks have set an intraday high this year, among which Guodian Power, Datang Power Generation, Guiguan Power, Shenneng, hubei energy and other heavyweights are listed. In terms of performance during the year, Ganneng shares increased by nearly 64.6% this year, and eight shares of Xichang Power, hubei energy, Shenneng, Lantian Gas, Baoxin Energy, Star Power, Datang Power Generation and Huayin Power also increased by more than 30% during the year.
Among the new high stocks in these years, Xichang Electric Power was the most active, with four daily limit boards in the past six trading days, with a cumulative increase of nearly 56%. According to the data of Xichang Electric Power’s Dragon and Tiger List (3rd) today, its recent surge was attended by multi-channel hot money. Among the top five seats in the trading list, CITIC Jiantou Securities Beijing Guangqumennei Street, Guotai Junan Securities Shanghai Songjiang Zhongshan East Road and Yongxing Securities Cixi Xincheng Avenue North Road are listed. In addition, the headquarters of Guotai Junan Securities, a common seat for overseas institutions, is also located in the buying list.
The defensive sector continued to dominate, and these targets were funded to increase their positions.
Since the beginning of this year, the defensive sector has continued to dominate. Among the top industries in the year, household appliances, banking, coal, nonferrous metals, petrochemicals and public utilities all have defensive attributes, while the previously active track direction collectively showed a cooling trend. Boosted by this, defensive ETFs also rose sharply during the year. Among them, Bosera Fund’s leading home appliance ETF, Guangfa Fund’s construction machinery ETF and Guangfa Fund’s home appliance ETF ranked in the top three. In addition, resources, banks, central enterprises’ energy and energy ETFs also ranked in the forefront during the year.
From the perspective of funds, Public Offering of Fund, one of the main players in the market, also strengthened its defense direction in the first quarter. According to the statistics of the recent research report of Guojin Securities, regardless of the A-share market or the Hong Kong stock market, active partial-share funds have obviously reduced their positions (such as technology and medicine), especially small and medium-sized stocks, and increased their positions in the upstream and cycle (non-ferrous, public utilities, energy and raw materials), especially large-cap stocks, which is reflected in the period of increasing market volatility, institutions have obviously reduced their risk appetite and favored the defensive allocation of "large-cap value".
At present, the defense direction has become the focus of the market, and many stocks have also been actively funded recently. As of May 10th, the number of shares held by Colorful Chemical, Oriental Materials, Baodi Mining, Midland New Materials, SINOMACH Seiko, Huicheng Environmental Protection, Suneng, Cinda Securities, SINOMACH, and Ningbo Ocean Shipping in the northbound direction increased in the first place this month. In terms of financing funds, Yili, Changjiang Power, Jiangsu Bank, Chuanning Bio, Founder Securities, COSCO Haikong, China Ship, Lu Kang Medicine, China Petroleum, China Rare Earth, etc. will be paid close attention to during the month or by financiers.
