April Small not crazy reduce 600 million shares and innovation high Social Security Fund still 0 open account

Every reporter Zhu Xiuwei the degree of reduction is still very strong, with the pace of the agency to slow down the market, the future A-shares continue to rebound is not optimistic, "fierce in the tiger" of the non-shares will again become a a-share rebound "killer." The number of listed companies announcing the announcement of shareholder reduction has risen markedly in recent years, and the April statistics released by the company yesterday showed that The amount of non-tradable shares reached 1.016 billion shares, which is the data for three consecutive months more than 1 billion shares, of which last month, small not to reduce the number of 605 million shares, to create a new record of the statistics since.　　Market Personage said, "Fierce in Tiger" the non-tradable may again become a a-share rebound "killer". April to reduce the total number of 1 billion shares of data display, as at the end of April,　　Shanghai and Shenzhen in the cumulative share of the shares of the stock is 471.622 billion shares, which did not lift the stock share of restricted stock for 282.307 billion shares, that is, up to now, the total number of lifting lifted to 188.15 billion shares, the share reform of the total number of restricted shares 39.89%. From the lifting volume, the April one-month share reform restricted shares of 17.169 billion shares, including the lifting of the ban on 15.337 billion shares, small not lifted 1.832 billion shares.　　From the absolute number of lifting, more than March 4.451 billion shares, an increase of 34.99%, although lower than last August lifted the maximum value of 21.547 billion shares, but still maintain a high. From the reduction of the volume, the total volume of April was reduced by 1.016 billion shares, although compared to March reduction of 68 million shares, but overall, the reduction is still maintained high. Statistics show that from February to April this year, the 3-month volume of the amount of non-reduction of 1.019 billion shares, 1.084 billion shares, 1.016 billion shares, three consecutive months to reduce the volume of more than 1 billion shares mark,　　The sum is as high as 3.119 billion shares, and from last August to this January half a year, the size of the total amount of non-tradable is only 3.424 billion shares, just more than the last three months more than 305 million shares, apparently the last three months of the reduction of volume significantly increased. Separately, April daily average reduction of 48 million shares, of which the large is not reduced by 411 million shares, compared to the lifting of 15.337 billion shares a month, the last month, the large number of relatively small holdings. However, the small non-reduction situation is quite the opposite, the data show that　　Last month, the small non-reduction volume of 605 million shares, the increase of 49 million shares in March, a record high since the statistics, and it also occurred in the small non-lifting of the amount of the April, the April small non-lifting of the number of 1.832 billion shares, is the smallest one-month ban on the minimum of one months.　　In addition, the statistics show that in April, the number of sales in Shanghai was 695 million shares, the Shenzhen Stock reduction volume of 321 million shares, the size of the non-tradable in the Shanghai stock sales intensity slightly stronger. Social Security Fund still 0 open account investors may ask, why the large scale of the reduction, the index will continue to create a new high? A brokerage researcher says the main thing is that in the past few months, various agencies struggled to do more, especiallyThe new entrants into the institutional investor, which can be seen from the number of monthly accounts of various institutions.　　But that may slow down in the future or even fade away, as can be seen from the reduction in the number of new institutional accounts in April.　　In April, the monthly statistical report of the company showed that April a-share of natural persons to open new account number of 1.35 million households, the general establishment of 2340 new accounts, securities companies add 18, Securities investment Fund April New 17 households, QFII also added 4 households. However, these figures have seen a noticeable decline in March, in particular the number of institutions opening accounts. For example, the most heavily-funded securities investment funds opened up 38 new accounts in March, compared with 17 in April, and QFII also reached 13 in March, compared with 4 last month.　　In addition, from last November to this January, the Social Security Fund, which opened the market aggressively, still maintained 0 accounts in April. Through the above comparison, it can be seen that the number of institutional accounts has slowed down markedly. A market source said that the number of institutions opened up in the second half of last year, the main reason is bullish on the government's economic stimulus policy. But as the index continues to hit new highs, the impetus for the continued rise in the index is waning, and the market will eventually have to return to economic fundamentals.　　But the current economic recovery is not expected to be strong, so the prospect of a surge in future institutional accounts may not occur again. On the other hand, the reduction of the non-tradable strength is still strong. With the institutional slowdown in the market, the future A shares continue to rebound is not optimistic, "fierce in the Tiger" will eventually become a a-share rebound of the ' killer '. said the person in the end.