Long-term funds quickly enter the bank insurance aiming at the golden pit


Long-term funds quickly enter the bank insurance aiming at the “golden pit”
For stocks, please read Jin Qilin analyst research report, authoritative, professional, timely, and comprehensive, to help you tap potential potential opportunities!  Original title: Banking Insurance Aims at “Golden Pit” □ Our reporter Ye Siqi Gao Gaifang’s A-share market rebounded stably on the 4th, and the trading volume of the two cities was significantly enlarged.A number of banking wealth management subsidiaries interviewed by China Securities Journal reporters and insurance asset management agencies said that they are optimistic about the long-term performance of the A-share market. After the plunge, there will be a “golden pit” opportunity. In the past two days, they have mainly increased 北京spa会所 their positions.  Banking funds actively enter the market. “In the short term, the epidemic will definitely affect the market, but we have confidence in the long-term market.”Equity investors in a bank’s wealth management subsidiary said.In terms of specific operations, the thinking of different teams within the company is different, so the position selection of different products will be different.  The relevant person in charge of Bank of Communications told China Securities Journal: “In the past two days, Bank of China Banking actively took measures to help stabilize the market through its own efforts.We have been adding positions to equity assets, and the proportion of equity assets may increase in the future.There are two main ways to increase positions: one is to directly purchase public funds, mainly in new energy vehicles, 5G, semiconductors and other industry funds; the other is to outsource business, increase the proportion of equity assets through private equity funds.”On the outside of the Banking Committee, the person in charge of the well-known private equity source Lesheng Asset said that before the Spring Festival holiday, the bank had adopted a response strategy with the bank, and the market fell on February 3 as expected.The market decline has instead brought opportunities to increase positions, and Yuanlesheng Assets has substantially increased its equity positions.The reporter also learned that Yuanlesheng Assets added 10 million of its own funds to invest in the company’s products, showing confidence, grasping the “golden pit” opportunity, and helping market stability.  Another public fund person said that using the ETF to dip the bottom is an important way for banks and other large funds to increase their positions.  Insurance capital seizes long-term opportunities Another important long-term fund-insurance capital also looks positively at the market outlook.”Insurance, as a long-term fund, pays more attention to long-term asset and liability supplementation and more specific cross-border allocation.”After the plunge, the stock market earnings ratio is in a certain position. I believe that different insurance funds will consider whether to increase positions based on existing positions.”Said the deputy general manager of an insurance company.  Another person in charge of the investment department of a small insurance company introduced that when the market fell on February 3, insurance institutions mainly increased their positions. As for the increase and decrease, each agency made decisions based on the company’s size and market conditions.”The decline on February 3 is an opportunity, and a rebound on the 4th is also expected.He said that although the market is volatile, the overall strategy of the institution will not change much.  Undoubtedly, Cao Yu, vice chairman of the China Banking and Insurance Regulatory Commission, said in a reporter ‘s question about financial support for epidemic prevention and control and financial market stability that insurance companies with better solvency premium rates and better asset compensation conditions allowed them to invest 30%Properly increase the investment proportion of equity assets on a higher basis.In the eyes of some people, this is an increase in the allocation of equity assets to insurance capital, which has helped the market open up its size.  We are optimistic about the outlook of the technology and other sectors. According to the analysis of the relevant person in charge of Bank of Communications and wealth management, the A-share market fell sharply on February 3, mainly due to the impact of event shocks. This impact was short-term and supported the long-term growth of A-sharesLogical changes have taken place, including continued foreign inflows, economic transformation and upgrading, monetary policy support, and capital market policy dividends.In the future, investment opportunities in the technology sector are more optimistic, including new energy vehicles, 5G, and semiconductors.  Ping An Asset Management believes that although the recent epidemic has a short-term impact on the market, the current overall market forecast is not high, and the probability of the overall market trend falling is still optimistic about the mid- and long-term trend of the stock market.The inflection point of the impact) has brought about a reversal of earnings expectations.The market structural opportunities still exist, relatively optimistic about the impact of the epidemic, the electronics, gaming, electric vehicles and other industries that have a rising economic cycle. At the same time, they are paying attention to the opportunities for high-end consumer rebounds.  Yuanlesheng Asset also believes that the market adjustment brought about by a one-time shock is actually an “opportunity”.In 2020, the direction of the economic cycle’s stabilization and recovery will not change. The recovery will be late but not absent. The future opportunities are more about the profit growth space of outstanding companies and their sustainability.  Zhao Yaoting, global market strategist for Invesco Asia Pacific (excluding Japan), believes that although current estimates have begun to get worse, A-shares and H-shares are expected to change in the short term.Market participants wait for a stable appearance or desirable practice before choosing to increase the configuration.Long-term investors should maintain their own allocation and continue to diversify their investments instead of selling stocks.Short-term investors should focus on volatile portfolios and focus on low-risk assets.