Underestimating The Value Of Blue Chips Will Usher In Spring

Many investors believe that the implementation of Shanghai and Hong Kong Tong, for the A share market blue chips, especially the Shanghai Stock Index 50 and Shanghai 180 Index constituent stocks, constitute a direct positive, help to reverse the Shanghai stock market blue chip valuation unreasonable situation.

For a long time, A+H shares, which are generally in a state of unreasonable price inversion, will benefit most directly from the Shanghai and Hong Kong through businesses. The share price of A shares and H-shares will gradually become the same, and these A+ H-shares are mainly Blue-chip company.

Shanghai and Hong Kong through the Shanghai stock exchange through the start, A shares introduced new funds and investors, to help diversify the market investment style, value share investment and growth stocks investment will find their own opportunities.

Most investment experts from the mainland and Hongkong believe that Shanghai and Hong Kong will benefit from underestimating the value of blue chips from the perspective of foreign investment.

Societe Generale Securities said that at present, the performance of cyclical industries and large capitalization stocks continued to lag behind the whole.

Status.

The current unreasonable pricing will also bring obstacles to the reform of state-owned enterprises. With the opening of the capital market and the opportunity of Shanghai and Hong Kong, the pricing of overseas investors from the perspective of global allocation will help to reverse the current A share market for state-owned blue chips.

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Leading companies in utilities, daily consumption, finance, pportation and other industries are expected to have opportunities to repair valuations.

Li Daxiao, chief economist of the British Securities Institute, said that the arrival of Shanghai and Hong Kong connections meant that the spring of the blue chips has arrived, and that the winter of junk stocks and theme stocks is coming.

"The end of the overestimation of pseudo growth stocks, junk stocks, theme stocks and small stocks has arrived, and can not be reversed like reform and opening up".

It is considered that the difference between the two markets is huge. No matter from the volume of investment, investment preferences, investment concepts, trading turnover and so on, the differences are very large. After the Shanghai and Hong Kong Exchanges, the investment concepts and investment styles of the two markets will merge with each other. Hongkong will change the situation of absolute dominance of foreign investment institutions. A share investors will lose their investment value once, and this habit will be completely changed.

And only 7 million of the population and Hongkong stock market with a small number of H-shares open will be changed after Shanghai and Hong Kong are pushed through.

A large number of investors with more than 500 thousand capital in the mainland continue to enter the Hongkong market. They will also gradually affect the investment habits and investment styles of the mainland, and the Hong Kong stock market will also change the concentration of some stocks.