As SSE Composite Index rises gradually, market participants generally agree that the risk is growing higher in the short term. Under such background, the attitude of industrial capital, always having foresight, is of great reference value to investors.
Data from the market research center of the Securities Daily shows that as of yesterday (Nov. 15) since the beginning of November, 100 companies have announced the shareholding changes of their important shareholders (excluding individual shareholders) with 1,627 million shares and 25,618 million yuan involved. As to the shareholding increase, 1,243 million shares and 19,973 million yuan are involved. It is further found that a net shareholding increase of around 859 million shares, involving 14,334 million yuan, is conducted by industrial capital in November. 83 companies gain net shareholding increase, 16 companies see shareholding decrease and 1 company sees no changes after both shareholding increase and decrease from important shareholders during this period.
To be more specific, as to the number of shares involved in the shareholding increase during this period, two companies, which are Shanghai Pudong Development Bank Co., Ltd. (600000.SH) and CSG Holding Co., Ltd. (000012.SZ), exceed 100 million shares by recording 932,673,600 shares and 108,203,500 shares, respectively. While the companies gaining shareholding increase from industrial capital by more than 10 million shares are Shenzhen O-film Tech Co., Ltd. (002456.SZ) by 28,831,700 shares, Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd. (000613.SZ) by 18,293,900 shares, Shenzhen Fuanna Bedding and Furnishing Co., Ltd. (002327.SZ) by 17,271,700 shares, Suzhou Kingswood Printing Ink Co., Ltd. (300192.SZ) by 13,310,600 shares, Guangdong Hec Technology Holding Co., Ltd. (600673.SH) by 11,632,300 shares, Guangxi Future Technology Co., Ltd. (600556.SH) by 11,036,600 shares, Chuying Agro-Pastoral Group Co., Ltd. (002477.SZ) by 10,262,800 shares and Renhe Pharmacy Co., Ltd. (000650.SZ) by 10,223,100 shares.
As to the amount of money involved, Pudong Development Bank expects 15,395 million yuan, ranking the first. While CSG Holding, O-film Tech, Dadonghai Tourism Centre (Holdings), Fuanna Bedding and Furnishing, Kingswood Printing Ink, Guanhao Biotech Co., Ltd. (300238.SZ), Guangxi Future Technology, Jiangmen Kanhoo Industry Co., Ltd. (300340.SZ), Chuying Agro-Pastoral, Vtron Technologies Ltd. (002308.SZ), Shandong Qixing Iron Tower Co., Ltd. (002359.SZ), Song Liao Automotive Co., Ltd. (600715.SH), Renhe Pharmacy and China Security & Fire Co., Ltd. (600654.SH) all gain more than 100 million yuan.
It is noteworthy that five stocks including Kingswood Printing Ink, Kanhoo Industry, Pudong Development Bank, Dadonghai Tourism Centre (Holdings) and CSG Holding are bought by industrial capital to five percent limit through secondary market acquisition. To be specific, Guangdong New Value Investment Co., Ltd. and its investment funds bought the shares of Kingswood Printing Ink, Kanhoo Industry and Dadonghai Tourism Centre (Holdings) to the five percent limit through secondary market acquisition with a total of 605,118,900 yuan in November. In addition, CSG Holding was bought by Qian Hai Life Insurance Co., Ltd. to the five percent limit through secondary market acquisition with 1,143 million yuan. Funde Sino Life Insurance Co., Ltd. increases shareholding in Pudong Development Bank for 19 times since Sept. 23 with a total amount of 15,395 million yuan.
As to the industries of these companies, 11 are engaged in bio-pharmacy, 10 are engaged in electronics, 9 are engaged in chemistry, 9 are engaged in mechanical equipment, 7 are engaged in electrical equipment and 7 are engaged in computers, showing that emerging industries are still favored by industrial capital. As to this, analyst believe that though the valuation is high at present, companies engaged in emerging industries will still be favored in the secondary market under the context of economic upgrading.
As a matter of fact, the stocks of companies which see net shareholding increase also saw good market performance last week. As to the 83 companies involved in the net shareholding increase by industrial capitals, 55 companies experienced surge of stock prices, accounting for 66.27 percent. The stock price of companies including Chuying Agro-Pastoral, Shenzhen Mason Technologies Co., Ltd. (002654.SZ), Beijing Sinnet Technology Co., Ltd. (300383.SZ), Guangxi Future Technology, Qingdao TGOOD Electric Co., Ltd. (300001.SZ) and Guanhao Biotech all see a total surge of over 20 percent.
Translated by Jennifer Lu
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