据《上海证券报》统计，截至10月29日，两市已有1850家A股上市公司如期发布2015年三季报。According to the list of the top ten circulating shareholders disclosed correspondingly, the number of listed companies invested and settled by “Securities and financial department” in the third quarter has reached 876 (excluding the Agricultural Bank of China, which is always held by Huijin Company), accounting for 47.35% of the total number of companies disclosed.Based on the stock price on September 30 (the same below), the corresponding total market value of the above companies held by “Securities and financial department” reached 536.349 billion yuan.
Although we don’t know the specific logic of stock selection, considering the functions of SEFC in maintaining the stability of the stock market and preventing systemic risks, and combining with the above shareholding distribution, we can see that SEFC did not only pay attention to the valuation and performance of individual stocks, but also preferred to provide liquidity of individual stocks.Statistics show that among the 876 stocks invested by the “Securities and financial system”, there are 212 stocks in the gem and 243 stocks in the SME board with relatively high P / E ratio, accounting for 52% of the total stocks held by the “Securities and financial system”.Looking back at the period from mid June to early July when the market fell sharply, the companies in the above two plates were also the “hardest hit areas” with the most fierce decline and the most serious lack of liquidity.
In terms of stock market value, blue chip stocks are still the “favorite” of SEFC.Among them, there are four companies with a market value of more than 10 billion yuan, namely China Ping An (30.767 billion yuan), China Life Insurance (16.911 billion yuan), China Unicom (13.603 billion yuan) and Industrial Bank (12.591 billion yuan).In addition, the market value of China Shenhua, Guizhou Maotai, conch cement and other 30 companies held by “Securities and financial system” also exceeded 3 billion yuan respectively.
In view of the large market value of the blue chip itself, it is not surprising that the large market value held by the “Securities and financial system”.If we measure it by the proportion of shares, it is a different picture.According to statistics, the “Securities and financial system” purchased shares through the secondary market.By the end of the third quarter, there were as many as 47 companies holding more than 10% of the shares, among which Jingwei electronic materials held the highest proportion.具体来看，截至9月底，中央汇金公司持有精卫电子材料4.99%的股权；中国证券公司的10项金融资产管理计划分别持有1.70%的股权，故“证券金融部”整体持股比例为21.99%，总持股规模甚至超过了精卫电子第一大股东董淑林（14.88%）
而在去年7月中旬和8月上旬之后，公司股票期货指数客观上经历了大幅下跌。因此，很难估计证券期货公司在很长一段时间内投资每只股票的具体成本。However, combined with the trading volume and price position of the relevant individual stocks in a single day, and the functional attribute of the securities and futures company to maintain the stability of the stock price (it is easy not to catch up), it can be roughly judged that the buying behavior of the individual stocks of the securities and futures company should be mainly concentrated in the range of July 7 to 9, and its corresponding investment profit and loss can also be estimated from this.
According to the reporter’s statistics, with the continuous rebound of the market in the near future, if the average price of the range from July 7 to 9 is taken as the investment cost of the securities and gold company, among the 791 companies in which the securities and gold company acquired shares in the third quarter (85 companies suspended during the period have been excluded), it has made floating profits in investment in 659 companies, accounting for 83% of the total.
From the perspective of floating profit scale, AVIC power, CNOOC development, Wanxiang Qianchao, and Jiuyang Co., Ltd. have contributed considerable returns to the company, among which the case of Jiuyang Co., Ltd. is the most obvious.According to the company’s third quarterly report, the “Securities and financial system” held 12.14% equity at the end of the period, corresponding to 93.2012 million shares.Looking back at the market performance on July 8, when a huge amount of sales orders closed the drop limit, a share of capital continued to buy Jiuyang shares, and once broke the drop limit.On that day, the turnover of 2.41 billion yuan was a record amount.According to this judgment, the securities and futures company should be the main buying force on that day.Based on the latest price of 25.02 yuan per share of Jiuyang shares, the securities and futures company made a huge amount of money at that time and has now made a floating profit of more than 800 million yuan.
However, in terms of floating profit ratio, the potential stocks such as Hengxin, meiyanjixiang, hailun piano, etc., which are not large in the stock holding scale of “Securities and financial system”, have brought super high returns in the short term.Take potential Hengxin as an example.After the securities and futures company bought a small number of shares, the company immediately suspended trading on July 9.After the resumption of trading on September 30, the share price has soared by 251%.
Of course, a few of the stocks invested by SEFC are in the state of floating loss.In particular, the individual stocks of banks and securities companies bought by the securities and futures company earlier broke down one after another in the middle and late August.正苦苦护盘的证券期货公司的相应投资，目前应该不会产生利润。