Repurchases, holdings, and refinancing have opened up a new path for market value management of listed companies. After the stock repurchase and holding increase loan policy was released, repurchase loans and shareholder holding increase loans for A-share listed companies are being implemented one after another, and repurchase and holding increase and loan projects are gradually becoming "normalized" in the capital market. According to incomplete statistics from a Securities Times reporter, more than 40 companies have disclosed the use of special loan funds to repurchase shares or increase shareholder holdings. Analysts believe that the introduction of the stock buyback and holdings increase loan policy will help the long-term stable development of the A-share market.
On October 29, 1,477 listed companies released A-share buyback plans during the year, setting a record high. Some listed companies have changed repurchase purposes and plan to cancel the repurchased shares, resulting in the "canceling" of "cancellation-type" repurchase plans.
On October 28, local time, Waaree Energies, India’s largest photovoltaic module manufacturer, was listed in Mumbai. According to a report by the Securities Times on the 29th, the company's stock price surged 75% during the session that day. As of closing, Waaree Energies' share price rose 55.62%, with a total market value of nearly $8 billion.
FX168 Financial News (Asia-Pacific) News Recently, as gold continues to rise and sets new historical highs, analysts pointed out that the price of gold is expected to continue to rise and even exceed US$3,000. Yesterday, the Shanghai Gold Exchange issued a notice saying that precious metal price fluctuations have increased significantly recently and market risks have significantly intensified. All member units remind investors to invest rationally.
Since a package of incremental favorable policies was released in late September, the A-share market has continued to rise, and market transactions have picked up significantly. However, the ensuing wide fluctuations and sector rotation have left many investors confused. At the critical moment when the market is diverging, many well-known investors and fund managers from the public and private equity industries have spoken out intensively. Combining the structured interpretation of this round of the A-share market and their judgments on policies, fundamentals, and other factors, It is generally believed that as market activity increases, the main direction will attract a large number of funds, and the market will enter a benign slow bull state.
On October 21, the A-share market fell back after rising high. As of the close, the Shanghai Composite Index and the ChiNext Index rose slightly, the Shenzhen Composite Component Index rose by more than 1%, and the BSE 50 Index rose by more than 16%, reaching a record high. Over 3,700 stocks in the entire A-share market rose, 190 stocks reached their daily limit, and the market turnover reached 2.23 trillion yuan. From October 1st to October 18th, financing funds, stock ETF funds, and repurchases of listed companies have all performed positively, with a total net inflow of nearly 300 billion yuan. Analysts believe that the above-expected policies have brought incremental funds to the stock market and promoted the restoration of the valuation of the A-share market. The market may fluctuate under the influence of overseas risks, but the medium-term upward direction remains unchanged.
Spot gold and COMEX gold futures broke historical highs, touching the $2,700/ounce mark for the first time, and gold jewelry quotes approached 800 yuan/gram. The price of gold once again ushered in a moment of glory. Investors are paying more and more attention to gold. The price of gold may still have room to rise, but investment needs to be cautious.
The State Council Information Office(SCIO) held a press conference at 10 o'clock this morning (17th). Ni Hong, Minister of the Ministry of Housing and Urban-Rural Development, said that the Party Central Committee attaches great importance to the stable and healthy development of the real estate market. Since the introduction of the new real estate policy at the end of September, the number of new house visits, transactions, and contract signings in various places has increased significantly, second-hand house transaction volume has increased significantly, and the property market has fully recovered. Transactions in the real estate market have been significantly active, benefiting upstream and downstream of the industrial chain more. The types of building materials in the futures market and the real estate sector in the capital market have become the leaders in the market rebound.
On October 12, at a press conference held by the State Council, Finance Minister Lan Fo'an and three deputy finance ministers announced a package of incremental fiscal policies on the spot to resolve the existing hidden debt and support the property market to stop falling and stabilize. The market focuses on stabilizing growth, expanding domestic demand, minimizing risks, implementing precise policies, and making targeted efforts. Strive for the stable development of real estate and anticipate the outbreak of the Hongmeng Concept. The Ministry of Finance still retains large incremental policy space, mentioning that the central government still has large room for borrowing and deficit increase.
Shanghai and Shenzhen rose 35% in 10 days. Despite a slight decline, market Wall Street veteran Jeff deGraaf is still optimistic about the rising prospects of China's A-shares, predicting an increase of more than 50%. Investors who have sold a large-scale China Stock hedge fund will regret it.
After the shock adjustments in the first three quarters and the short-term surge in the past half month, we remain cautiously optimistic about the judgments on the A-share strategy for 2024 recently released by multiple brokerages. In terms of specific configuration, the “dumbbell strategy” that takes into account both flexible growth direction and high-dividend dividend sectors has been unanimously recognized. The A-share market recovery has slowed down, and the incremental financial market outlook is highly anticipated.
Last week, Chinese assets rose across the board. The RMB has appreciated sharply. A-shares, Hong Kong stocks, and Chinese concept stocks have surged. Hedge funds have poured in first, and long-term funds may have to increase their positions in the future. Global funds have fully increased their positions in Chinese stocks. Choice data shows that last week, the net inflow of stock ETFs exceeded 55 billion yuan, and the net inflow of main funds in the Shanghai and Shenzhen stock exchanges exceeded 34 billion yuan.
On September 24, the central bank, the State Administration of Financial Supervision, and the China Securities Regulatory Commission introduced financial support for high-quality economic development and published combined benefits, igniting enthusiasm for long-term investment in the capital market. On September 25, A-share reached a five-month high with trading volume exceeding 1.16 trillion yuan.
On September 24, the A-share market exploded, with the Shanghai Composite Index soaring more than 4%, the largest single-day increase since 2021; the ChiNext Index soaring more than 5%, the second largest single-day increase since 2019. The Shenwan primary industry index rose across the board and multiple sector indices are increasing by more than 5%. Some institutions believe that the current A-share market may have bottomed out, and recommend actively paying attention to oversold low-valuation and steady growth targets.
Byte refutes rumors of speculation on A-share Doubao concept stocks
How to develop a low-altitude economy
Doubao concept surges, IPO economy booms
5G enters the "second half", which stocks are the best to buy
Check whenever you want
WikiStock APP