ABC a A-share index analysts said the share price will not rise

Click to view the latest quotes July 28 Morning News ABC A shares will be counted into the Shanghai Composite Index, Shanghai and Shenzhen 300 as well as China Certificate 100. In this respect, analysts said to Sina Finance, AgBank's index will generate the allocation of demand, low index valuation.　　But AgBank's share price is not expected to rise. Included in the index after the increase in space is not statistically, investment in the index of a-share index fund of 44, the total net assets amounted to 47.39 billion yuan. According to the weight calculation, the ABC A-share index fund will generate nearly 1.5 billion yuan of the configuration demand.　　In accordance with the Convention index funds generally need to enter the index within 10th after the completion of the positions. National Securities strategy analyst Huang Coujun to Sina Finance, said, if the allocation of demand produced effect, the trend of the ABC stock market neutral biased.　　In addition, after the Agricultural bank financing, the market is also optimistic about its growth, and AgBank's relatively small circulation of capital, "This is a positive impact on AgBank." Huang Coujun that the Agricultural Bank of the index generated nearly 1.5 billion yuan in the allocation of demand, relative to the Agricultural Bank of the daily transaction size, its pulling role may not be obvious.　　And it does not rule out that some funds have been configured before the ABC index, so that "the effect will not be too obvious". Buying AgBank is the expected effect of the index, and AgBank does not have a valuation advantage over the other four. Huang Coujun said AgBank's share price would not be a break, given that AgBank's higher valuations have little or no room for shocks.　　Because for investors, buy "expensive" ABC, rather than buy relatively cheap work, middle, build three major lines.　　Xiang Finance Securities strategy analyst Li Ying wanted also believes that the ABC index to the Agricultural Bank is a good boost, but the effect is limited, in the index after the ABC's share price will not rise, "because of the current AgBank's share price and its own value closer", has not seen a short-term positive stimulus.　　Another effect of the index of low index valuations is to help pull the underestimate. The Shanghai and Shenzhen 300 index PE is 18 times times, and ABC's PE is 13.8 times times, Huang Coujun thinks will pull low index PE.　　"If the price of AgBank rises before the index is counted, it is good for the market after the index is indexed," he said.　　According to the index compiling principle estimates, the Agricultural Bank of China stock index is estimated to be about 4.48%, the Shanghai 50 Index of about 0.41%, the Shanghai 180 Index about 0.37%, the Shanghai and Shenzhen 300 index about 0.62%, the 100 Index of about 0.33%. Huang Coujun that the ABC index "on the Shanghai and Shenzhen 300 impact is not very big." Li Ying wanted said, "the impact on the Shanghai Composite Index, other indicators are not obvious." (Super Yan from Beijing)