Our reporter Meng Ke

　　As of June 21, 18 companies have successfully landed on the Beijing Stock Exchange during the year, and the number of companies listed on the Beijing Stock Exchange currently reaches 99.

With the listing of Uji shares this Friday (June 24), the number of companies listed on the Beijing Stock Exchange will reach 100.

Institutional investors such as public funds and securities companies are actively deploying.

　　26 North Exchange companies

　　Fund holdings

　　According to Wind data, as of June 21, 26 companies on the Beijing Stock Exchange have been held by public funds.

There are 5 companies listed on the Beijing Stock Exchange in which the fund holds more than 5% of the shares, including Changhong Energy, Jinhao Medical, Xin'anjie, Tonghui Electronics and Jilin Carbon Valley.

　　Sun Jinju, vice president of Kaiyuan Securities and director of the research institute, said in an interview with a reporter from "Securities Daily" that fund investors will mainly consider two aspects when choosing targets: on the one hand, the liquidity of the target, because the product scale of fund companies is generally large. , considering the liquidity needs of public fund products, stocks with better liquidity are generally allocated, so they are more inclined to companies with relatively large market capitalization with better liquidity; on the other hand, the fundamentals of the target, public funds It is more about earning the company's growth value, and will give priority to subdivided leading companies in high-prosperity tracks such as new energy, high-end manufacturing, and new materials, or choose to choose fundamental improvements, rapid performance growth, and obvious valuations. Cost-effective company of.

　　It is worth noting that there are currently a total of 66 publicly offered fund products holding stocks on the Beijing Stock Exchange. Based on the fund's first quarterly report, the fund's holdings of companies on the Beijing Stock Exchange are worth 1.396 billion yuan.

Among them, 8 are themed funds of the Beijing Stock Exchange. From the perspective of unit net value, as of June 21, the net value of 1 of the above-mentioned 8 funds has returned to above 1.0, and the net value of 3 remained above 0.9.

　　Wang Yuqing, an expert and special new analyst at Shenwan Hongyuan, told the "Securities Daily" reporter that according to the data of the first quarterly report of public funds in 2022, the speed of opening positions of the eight thematic funds varies, and the overall is cautious.

Among them, the stock positions of 5 products are less than 60%. In the second quarter, there is a demand for increasing equity assets and increasing positions in the Beijing Stock Exchange.

　　Sun Jinju said that the overall performance of the first batch of eight thematic funds of the Beijing Stock Exchange has been stable since their listing.

As of June 20, the average rate of return of the eight funds was -9.8%, of which E Fund North Exchange Selected Two-Year Scheduled Development achieved a positive return of 0.33%.

Although the average return of the fund was negative, it still showed a certain return compared with the performance of the overall A shares and individual stocks of the Beijing Stock Exchange since the beginning of the year.

　　"Since the beginning of the year, the growth style has continued to be under pressure. After experiencing a sharp correction, many stocks on the Beijing Stock Exchange have achieved good investment performance. If the economy is expected to improve in the second half of the year, the layout on the left may provide better participation for the fund's investment in growth stocks. Opportunity." Wang Yuqing said.

　　40 brokerages

　　Underwriting and sponsorship income exceeds 1.2 billion yuan

　　With the growth of the North Exchange, its attractiveness to securities companies has gradually increased.

According to Wind data, in terms of fundraising, 99 companies on the Beijing Stock Exchange have accumulated a total of 20.434 billion yuan in initial fundraising.

Among the 99 listed projects on the Beijing Stock Exchange, 40 securities companies underwriting and sponsoring revenue totaled 1.274 billion yuan.

　　"Beijing Stock Exchange has loosened the time limit for sponsors to directly invest in companies listed on the Beijing Stock Exchange, that is, sponsors can 'sponsor first and then invest directly'. In addition, in terms of strategic placement, although the Beijing Stock Exchange does not compel sponsor brokers to follow Investment, but securities companies are also actively participating.” Sun Jinju said that the active participation of securities companies in the sponsorship and strategic placement of the Beijing Stock Exchange is a recognition of the long-term value of the Beijing Stock Exchange, which is conducive to the stable and orderly expansion of the Beijing Stock Exchange.

　　Wang Yuqing said that securities companies participate in strategic placements at the same time as sponsors. One is to allow securities companies to obtain participation opportunities equivalent to the Pre-IPO round; the other is to provide an "endorsement effect" to improve investment confidence in the secondary market.

　　Zhou Yunnan, founder of Beijing Nanshan Investment, told the "Securities Daily" reporter that many securities companies are currently participating in the strategic placement of new shares issued by the Beijing Stock Exchange. First, they are optimistic about the long-term development of the Beijing Stock Exchange. Second, they are optimistic about the long-term investment value of companies on the Beijing Stock Exchange. The third is to prepare in advance for the introduction of market making and the implementation of mixed trading by the Beijing Stock Exchange in the future.

　　Talking about which new stock investment products of the Beijing Stock Exchange can be studied and paid attention to, Sun Jinju said that there are nearly 100 companies listed on the Beijing Stock Exchange, and relevant indexes will be launched in the future.

In response to the needs of individual investors who want to invest in a “package” of individual stocks in the Beijing Stock Exchange, the follow-up public funds can launch corresponding index products based on the Beijing Stock Exchange Index. It can also provide more abundant investment varieties of the Beijing Stock Exchange for individual investors who do not meet the access requirements of the Beijing Stock Exchange.

　　Wang Yuqing believes that in the future, we can focus on three aspects of investment products: First, the target to be transferred.

With the steady progress of the multi-level capital market interconnection, in the future, you can pay attention to the investment opportunities in the Shanghai and Shenzhen markets of the Beijing Stock Exchange.

The second is to specialize in new enterprises.

The listing conditions of the Beijing Stock Exchange are in line with the characteristics of specialized, specialized, and new companies. Since the beginning of this year, about 47% of the newly listed companies have been national-level "specialized, specialized and new" companies.

Specialized, special and new companies are both scarce and growing, and there is still a lot of room for growth in terms of market value.

The third is the Beijing Stock Exchange's renewing.

New shares issued by the North Exchange have the characteristics of low valuation, and the winning rate has obvious advantages over the Shanghai and Shenzhen markets.

It is expected that the pace of new share issuance will accelerate in the second half of the year, and we can actively seize the new investment opportunities with high certainty.

(Securities Daily)