Peripheral Funds Competing For A Shares Bull Market Will Come Face To Face?

There are many market analysts believe that this will further push A shares higher, a big bull market has come to the surface, and more institutions to see more than 5000 points.

So is the new bull market really coming to the surface? Which stocks will become the leading breed?

Dynamic

QFII and RQFII entered the great leap forward market

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In the background of the opening of the gate, many people did not expect that QFII and RQFII began to accelerate their admission.

The latest statistics show that since May, overseas funds have been flowing into the A share market through RQFII for 15 consecutive weeks, and the product size has increased by more than ten times.

Meanwhile, since April this year, the enthusiasm of QFII to rush into A shares has increased significantly. The number of new accounts has reached 118 this year, close to 2012, and the total market value of QFII Holdings has risen to 97 billion 300 million yuan in the two quarter, and the number of new or increased stocks is 114.

"The overseas stock market has been rising for a long time and has a larger cumulative risk.

In recent years, A shares continued to slump, and the valuation of some blue chips has a clear appeal.

The chief financial analyst of China Financial think tank, Hong Hao, said that after the opening of the Shanghai and Hong Kong stock exchange, the valuation of blue chips in the A share market will be greatly improved.

Because of this, QFII and RQFII will only run in the Shanghai and Hong Kong before opening the gate.

Observation

After the Mid Autumn Festival, the two trading volume reached 380 billion 600 million yuan per day in the first trading week. The turnover also exceeded the largest daily average turnover of 377 billion 900 million in 2007, which was the largest single volume on Sunday.

At the same time, the Shanghai Composite Index also hit a new high of 2343.59 points since the current round of rising prices.

"In the last trading week before the Mid Autumn Festival, the Shanghai composite index increased by 4.93%, and the volume of pactions also increased dramatically. Under the background of a lack of macroeconomic fundamentals, the characteristics of the capital driven market were very obvious."

Shenyang Wanguo investment advisor Xiang Yang said that whether the follow-up funds can continue to enter the market is the key to the trend of the market.

Sun Xiangchen, an investment consultant of national capital securities, said that apart from QFII and RQFII, the speed of issuing and setting up public funds in China is also accelerating. In addition, although monetary policy will not be significantly relaxed, the tightening efforts will not be increased. The overall capital market is relatively loose, which has become an important foundation for the capital driven market.

Viewpoint

Recently, the accelerated pace of domestic and foreign capital entering the market has pushed the stock index to a new high.

So is it reasonable to think that the bull market of the A share market has come to the surface? Is the 5000 point a dream?

Zhang Shizhao, an investment adviser to Northeast Securities, is a staunch supporter of bull market theory.

Zhang Shizhao said that the current characteristics of the stock market value depression are very attractive. Shanghai and Hong Kong have opened a legal channel in the system and will attract global capital to enter.

Overseas funds will continue to enter the A share market in the future, and the A share market will have the foundation of the new bull market.

However, Hong Hao believes that the fastest economic pformation and upgrading in China will take 3 to 5 years to achieve initial results in a few areas, so there will be no real improvement in the macroeconomic situation in 2014.

Today, China's economic development is facing a huge economic development problem. Now all the Chinese industry is not good.

Against this background, the bull market of A shares is not realistic.

Investors should not believe that the stock market should continue to rise to 5000 points of fallacy.