The Hang Seng Index will announce the results of the quarterly inspection this Friday (20th). According to the Hang Seng Index’s goal of increasing the number of constituent stocks in the next year to 80, based on the current progress of 60 constituent stocks, it is estimated that the Hang Seng Index will be inspected several times in the future. Continue to "expand".
CICC recently issued a report and estimated that there are 13 hot "dyeing blue" potential stocks. In addition to the popular regular customer-JD.com (9618), there is also Nongfu Spring (9633) with a market value of more than 500 billion yuan.
The rest include NetEase (9999), Baidu (9888), Kuaishou (1024), JD Health (6618), Simer (6969), JD Logistics (2618), Bilibili (9626), Ctrip (9961), Hansen Pharmaceutical (3692), GDS (9698) and Bubble Mart (9992).
The results of the recent quarterly inspections of the Hang Seng Index are surprising from time to time.
Looking back at the last two quarterly inspections, the Hang Seng Index announced the inclusion of Xinyi Solar (0968), BYD (1211) and Country Garden Services (6098﹚; Xinyi Glass (0868) and Li Ning (2331) in May and August respectively this year. ) And China Merchants Bank (3968), and Bank of Communications (3328) is also excluded.
Since it dyed blue in June, BYD once pumped up nearly 70% to hit a record high, becoming a "dye blue stock" with strong performance in recent years.
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BYD rose nearly 70% after being dyed blue
In terms of the constituent stocks included twice, the company with the best growth after the "dyeing" is BYD.
BYD officially became a blue chip stock on June 7. The previous closing price was RMB 191.72. At the end of October, the stock once soared to a record high of RMB 324.6, which means it has soared by nearly 70% after being "dye blue", far outperforming the market. .
Seeing that new energy vehicles are bucking the market, can the HSI inject more new energy to find the "next BYD"?
This year, Hong Kong stocks ushered in the ideal car (2015) and Xiaopeng Motors (9868), one of China's three new car-making forces. Ideal and Xiaopeng Motors have returned to Hong Kong from the United States this year.
Since the HSI officially implemented the major reform of the Hang Seng Index in May this year, in addition to increasing the number of constituent stocks, it also added a rapid inclusion mechanism, simplifying the rapid inclusion mechanism that was originally scheduled to be listed for 24 months. Eligibility will make it easier for many new stocks or companies listed in Hong Kong from the United States to be included in the constituent stocks more quickly.
Xiaopeng Motors successfully went public in the United States in the middle of last year, and will go to Hong Kong for the first listing this year.
(Xinhua News Agency)
Xiaopeng Ideal is eligible to be included quickly after three months of listing
Ideal Motors and Xiaopeng Motors were listed on the Stock Exchange on August 12 and July 1, respectively. It has been three months since they were basically eligible to be quickly included in the index.
Morgan Stanley recently issued a report stating that the mainland electric vehicle industry has entered a new stage of development, focusing on upgrading vehicle quality and pursuing global opportunities, believing that this move can attract more technologies to enter China and promote the development of leading brands.
The bank has “overweight” ratings on Ideal (2015) and Xiaopeng (9868), with target prices of RMB 189 and RMB 275 respectively.
Huang Minshuo, director and chief investment officer of Baoju Securities, believes that Xiaopeng Motors and Ideal Motors do have the opportunity to "dye blue". However, based on the positioning and representativeness of the Hang Seng Index, he believes that he can only choose one of the two. All companies are included in the blue chip.
As for which one has a greater chance?
Huang Minshuo believes that Xiaopeng Motors should be slightly better in terms of performance, delivery, and transaction volume.
According to figures released by the company, Ideal delivered 7,649 Ideal ONEs in October, an increase of approximately 1.1 times year-on-year. As of the end of October this year, the cumulative delivery volume has reached approximately 96,500.
On the other side, Xiaopeng delivered 10,138 vehicles in October, an increase of 2.33 times year-on-year, breaking 10,000 vehicles in two consecutive months.
The number of deliveries in the first 10 months was 66,542 vehicles, a sharp increase of 2.89 times year-on-year.
The market value of Nongfu Spring has reached 542.6 billion yuan, of which the circulating market value is about 242.9 billion yuan, which continues to be one of the hottest spots for dyeing blue this season.
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Huang Minshuo: New Economic Stocks Opportunities, Jingdong, Netease, Baidu
However, Huang Minshuo believes that the hot spot of "dyeing blue" has always fallen above the new economy stocks, especially JD.com, NetEase, and Baidu. Among them, Baidu may diversify Tencent's representation in the game business.
As for consumer stocks, his first choice will be Nongfu Spring. Huang Minshuo believes that the recent stock price speculation is not only due to seasonal inspections and expectations, but also the downstream leisure consumer industry is generally positive and has the ability to increase prices. Therefore, the stock price has been stabilizing under the double stimulus. The knot is up.
In addition, among the 13 stocks named in the CICC report, Bubble Mart's turnover increased significantly today, with a full-day turnover of 1.225 billion yuan, a 3.7 times increase from the previous day, ranking 12th on the main board, comparable to many blue chip stocks.
Huang Minshuo believes that the recent stock price speculation has gone from a low of 45.15 yuan to a maximum of 61.5 yuan, mainly due to the hype of the concept of "dyeing blue".
But he said frankly that in comparison with consumer stocks, the market value of Bubble Mart is not as large as Nongfu Spring, and it is not a high-end consumer. I believe that the chance of "dyeing blue" will be smaller in the end.