Sino-Singapore Jingwei Client, December 31 (Wu Xiaowei) The 2020 A-share transaction officially ends.
The Shanghai Composite Index closed at 3473.07 points, the Shenzhen Component Index closed at 14470.68 points, and the ChiNext Index closed at 2966.26 points.
Judging from the performance of the whole year, the Shanghai Composite Index has risen by 13.87%, the Shenzhen Component Index has risen by 38.73%, and the ChiNext Index has risen by 64.96%.
After the two major reversals, the per capita earned an average of 107,900 yuan
According to statistics from the Shanghai and Shenzhen Stock Exchanges, as of December 30, 2020, the total market value of the Shanghai and Shenzhen stock exchanges totaled 78.28 trillion yuan, an increase of 18.99 trillion yuan from the end of 2019, an increase of 32.03%.
Source: Screenshot of China Settlement website
According to the latest data disclosed by China Clearing, the total number of A-share investors reached 176 million at the end of November. Based on this calculation, the per capita profit of A-share investors in 2020 is 107,900 yuan.
Source of Shanghai Index's annual trend: screenshot of Wind
In 2020, the A-share market experienced two major reversals.
Affected by the epidemic, on February 3, the first trading day after the Spring Festival, the Shanghai stock index fell 7.72%, and more than 3,000 stocks in the two markets fell by their limit.
However, the market stabilized and rebounded from the next day, and the market started to rise.
At the end of March, due to external influences, the Shanghai Stock Exchange Index fell below the 2,700-point mark, but then went out of a deep V reversal again.
On August 24, a key institutional innovation with a milestone in the capital market in 2020-the ChiNext registration system was implemented.
Stimulated by the registration system, the turnover of ChiNext surpassed that of the Shanghai Stock Exchange.
On September 8, the GEM turnover was 337.5 billion yuan, surpassing the 320.2 billion yuan in the Shanghai Stock Exchange for the first time in history.
On December 30, the ChiNext Index broke through 2900 points.
Liquor stocks "really fragrant" have you got on the car?
In terms of sectors, according to Wind statistics, among Shenwan’s 28 first-level industries, the top five sectors with the largest increase during the year are leisure services, electrical equipment, food and beverage, national defense and military industry, and medical biology.
New Jingwei photo by Yan Shuxin in the data map
Among them, the liquor index has risen by more than 130% since the beginning of the year, and Kweichow Moutai, Shanxi Fenjiu, and Luzhou Laojiao have set new highs.
Kweichow Moutai’s stock price frequently broke A-share records. On December 31, the highest intraday hit was 1998.98 yuan, and the market value exceeded 2.5 trillion yuan.
On November 5, the total market value of Wuliangye exceeded 1 trillion yuan, becoming the first stock with a market value of over one trillion yuan in the Shenzhen Stock Exchange.
The rising liquor market at the end of the year caused many investors to express feelings of "you don't know the fragrance of liquor when you are young".
Ingram Medical shares rose more than 13 times, LeEco, Storm delisted
In terms of individual stocks, the stock prices of Intech Medical, Star Semiconductor, Kangtai Medical and other companies have risen 10 times a year since the beginning of the year.
Among them, the share price of Intech Medical took the lead with a rise of over 13 times, while *ST Global fell as much as 91.78% during the year.
It is worth noting that after 2000, the second thousand-yuan A share was born.
In the early trading on December 16, Stone Technology opened the high market all the way up, approaching midday, breaking through 1,000 yuan in one fell swoop, and rose more than 4% to the midday closing, and the stock price reached 1,020 yuan.
On the other hand, the delisting system has made breakthrough progress.
Since the beginning of the year, there have been 16 delisted companies in the A-share market, including LeTV and Baofeng Group.
Companies delisting due to face value accounted for the majority, up to 9 companies.
At present, *ST Gangtai and *ST Jinyu have been locked out of the market, and *ST Pengqi, *ST Oppo, *ST Fukong, *ST Tianxia, *ST Yisheng, etc. are still on the line of life and death.
On the evening of December 14, the Shanghai and Shenzhen Stock Exchange issued a draft for comments on the reformed delisting system.
Among them, four types of mandatory delisting indicators have been improved. They are the cancellation of a single delisting indicator, new combined financial indicators, new market value delisting indicators, new information disclosure, standardized operation delisting indicators, and clear financial fraud and delisting criteria.
Looking forward to 2021: Brokers call out 6,200 points
So, how will A shares go in the coming 2021?
Some brokerage firms are optimistic that the Shanghai Stock Exchange Index will exceed 6,000 points, and many brokerage firms have reported on new energy and other sectors.
Western Securities believes that it is currently expected that the domestic economic recovery next year may shift to "active expansion" and drive A-shares to develop in the direction of the "bull market in 2007".
During the period, both the investment and the consumer side are expected to break through the “bottleneck” before the epidemic and create incremental contributions to the domestic economy.
Based on the complete domestic economic expansion cycle and smooth macro-micro transmission logic, the conservative, neutral, and optimistic target prices for the Shanghai Stock Exchange Index for 2021 are 4700, 5800, and 6,200 points respectively.
Many brokerages continue to be optimistic about the three main lines of new energy, pro-cyclicality and consumption.
Guosheng Securities’ strategy Zhang Qiyao’s team suggests to actively participate in the New Year’s Eve market along three main lines: one is new energy vehicles, photovoltaic wind power, machinery, medicine, liquor and electronics with high prosperity; the second is new energy driven by policy and risk appetite , Semiconductor, military and other sectors; the third is the nonferrous, machinery, petroleum, petrochemical and other sectors driven by the resonant recovery of the global economy.
Essence Securities Strategy Chen Guo's team suggested that the industry should focus on military industry, photovoltaics, electronics (semiconductor, Apple chain), automobiles (including new energy vehicles), white goods, chemicals, non-ferrous metals, machinery, securities companies and other sectors; the theme focuses on carbon neutrality , Biological breeding, high-end manufacturing, etc.
Citic Securities’ strategy Qin Peijing’s team suggested that the configuration should stick to the pro-cyclical main line, focusing on the basic metals and energy metals in the industrial sector, and the home appliances, automobiles, and home furnishings in the consumer sector. Planting chains and seeds and other cost-effective varieties; after the partial group collapse, continue to deploy the leading players in the early-stage fast-rotating new energy, medicine, and food and beverage through adjustments.
(Zhongxin Jingwei APP)
(The opinions in the article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)
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