Original title: The increase in a billion yuan account is a big money bargaining for A shares? Got it wrong!
｜Source: Bull and Bear Trading Room (niuxiong2016)
There has been a widely circulated report in the market these days : Despite the stock market downturn in 2016, the number of holders holding a stock market value of 500,000 to 1 million yuan, 1 million to 5 million yuan, 5 million to 10 million yuan, and 10 million to 100 million yuan have all declined. strong> However, the number of accounts with a stock market value of more than 100 million yuan increased by 30.3%. Some studies have pointed out that this is related to off-net launching and big money hunting, but from the analysis results, this conclusion is obviously incorrect. It's a factor to create new online, and it's even impossible to buy the bottom with big funds. How can big funds be so smart.
On the whole, in 2016, the stock market was in a recession, and more and more investors chose to wait and see. According to the data previously released by China Clearing, the number of investors holding positions at the end of the period was 49,936,100, which has fallen below 50 million! The bull and bear trading room looked through the data and found that the last time the data climbed to 50 million was going back to June 2015. This is the first time that the number of investors holding shares has fallen below this threshold in the past 20 months.
Figure 1 Recent changes in the number of investors holding positions
Data source: China Securities Depository and Clearing Corporation
At the end of the period, the number of investors holding positions was 49,936,100, and there were only 11.86 million participating traders. Investors’ willingness to hold shares has been significantly weakened. From the data changes in Figure 1, it can be seen that the number of investors holding positions is declining. The number of investors holding positions reflects the strength of investors' willingness to hold shares. Judging from the recent market trends, the market is going to die or not. Although investor sentiment is still not panic, it is indeed obvious that everyone’s willingness to hold shares is weakening. Among the position investors, there are a large number of lying accounts, which are currently not trading. Even if there is a deal, it is currently a big drop.
On the whole, the number of shareholdings has been declining, but as of December last year, the number of accounts holding a stock market value of more than 100 million yuan has increased by 30.3%. Among them, there are 4680 natural person accounts with a stock market value of more than 100 million yuan, and a total of 10,009 institutional accounts. Before that, in 2015, when the bull market was the highest point in the month, there were 4,359 natural person accounts with a stock market value of more than 100 million yuan, and a total of 9,817 institutional accounts.
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Figure 2 Trend of A-share account holders with more than 100 million holders
Data source: Oriental Wealth Choice data
Some research institutions pointed out that this is related to offline new creation and big fund hunting. Bull bear trading room as a focus Institutions that study investor behavior have their own views on this: offline launching is a factor, not a major factor. The main reason is that IPOs have accelerated since the third quarter of 2016, and many original shareholder billionaires have emerged.
In the 2016 IPO Rich List, a total of 210 executives shared 2.225 billion shares, involving a market value of 139.3 billion yuan. Among them, Liu Bing, the executive with the highest stock market value, sits on 11 billion yuan. Liu Bing, the chairman of Fusenmei, holds a total of 188 million shares of the company’s shares, involving a market value of 11 billion yuan. Liu Bing is also Fusenmei’s number one.The major shareholder and legal representative hold a total of 42.77% of Fusenmei.
Fusenmei is a typical family business. The controlling shareholder and actual controller are Liu Bing. Liu Yunhua, Liu Bing's sister, serves as the vice chairman of the company. He holds 121.9968 million shares of listed companies, accounting for 27.72%. As of today, his net worth is about 7.2 billion yuan. Liu Yi, the brother of Liu Bing, serves as the company's director and general manager. As of today, he has a net worth of 2.247 billion yuan.
In addition, Hu Yahua, deputy general manager of Jingjiawei, holds 6.25% of the shares and has a market value of 890 million yuan. He is the deputy general manager with the highest stock market value among 40 companies. Zhu Yuzhou, chairman of the board of supervisors of Sande Technology, holds 6.75 million shares of the company's stock, involving the company's market value of 354 million yuan, and has become the chairman of the board of supervisors with the highest stock market value among 40 companies.
Many institutions believe that A shares fell from 5178 points to 3000 points the year before, a drop of more than 40%. Under this circumstance, the number of 100 million yuan accounts is still increasing, and it exceeds the peak of the bull market because Institutions and big players have begun to enter the market one after another. However, combined with the acceleration of IPO audits in the latter part of last year, the increase in billion-dollar accounts is not actually a bottom-hunting by large investors, but from the book value of industrial capital shareholders or executives after the IPO. Return to Sohu to see more
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