Fund manager Shanghai Research: 4 Concept stocks lock 21 companies

Oriental Securities recently released a report, the final lock on 21 of the listed companies worthy of attention focus on the construction of Shanghai Double Center, the concept of the World Expo, Disney, Pudong New area expansion, 70 billion state-owned securitization ...　　Too much conceptual intersection in Shanghai local stocks, the National fund managers are surging. I often go to Shanghai for research. No, it's not going to work. 1 Beijing investment director of a fund company said to the financial weekly reporter.　　The investment director's assistant Management fund has at least 10 local shares in Shanghai.　　Like many fund managers in the public offering, Shanghai has also been a gathering place for many private-equity bosses in the last two months. Intensive research and collective kidnapping of Shanghai local stocks from March 2 to May 14, the Jinfeng wine Industry (600616) from 11.26 yuan to 16.49 yuan, 2.5 months rose to 46.4%. Jinjiang stock (600754) rose from 10.96 Yuan to 20.59 Yuan, up to 87.9%. During the market rose 27.5%.　　Two stocks run far to win the market, but also to win the industry-class other stocks.　　This has to do with the Shanghai local stock relationship. "How many people will come to the expo, one mouthful of wine is also a wonderful thing." Fund managers joke.　　Aside from the analysis of the fundamentals of the listed companies and the risk of the market, the industry is looking forward to the whole Poly Tak (002186) in the early Olympic Games created duck myth again. Therefore, in addition to the early stage of the World Expo Construction category of stocks, but also include the World Expo may occur during the food, wear, and other industries have become the fund managers research objects.　　Originally did not have what big bull stock Shanghai local stock suddenly became the fragrant pastry.　　Fund manager to Shanghai local stocks not only stay in the research phase, the heavy warehouse configuration action has already begun. Shanghai retail industry leader of the Hundred-Union group of shares in the end of the first quarter, was rich, South performance growth, Franklin National Sea potential, Invesco Great Wall resource monopoly, large wealth management 2020 life cycle, such as many funds heavy warehouse. Several fund companies accounted for 8.5% of the total circulation shares.　　In addition, Wanguo, the National Social Security, China life and other institutional funds to its heavy warehouse holdings.　　In addition to the public data to see, there are several fund investment director of the Financial weekly reporter revealed that in April began to buy hundreds of shares, New World (600628), Yuyuan Mall (600655) and other consumer Shanghai local shares. "The New World and the hundred shares are good. But New World equity is only half of the shares and has a restructuring concept.　　"A private equity person in Zhejiang told the weekly financial report. Shanghai Opportunity's big probability fund managers collectively favor Shanghai local stocks, different from the simple concept before the 2008 Olympic Games.　　They saw something more. April 29, 2009 the State Council issued two Shanghai Center construction advice, less than half a month, May 11, 2009, Shanghai issued the "Municipal Government of the State Council to accelerate the development of modern service industry and advancedThe construction of the International Financial Center and the International Shipping center of the manufacturing industry has been further accelerated in the construction of the two centers in Shanghai. "From the central to the Shanghai municipal government, we can see how important it is for China to get out of the economic crisis and the role played by Shanghai." "The above private-equity people said.　　Therefore, he firmly believes that the 2009 Shanghai local stock opportunity is a big probability event. Besides the construction of Shanghai International Shipping and Financial center, the Expo and Disney are the most likely to be repeatedly hyped this year, which is an important reason for fund managers to like Shanghai.　　In 2008 the entire a-share market unilateral decline in the process, by the Disney concept of the impact of industry (600836) and Lujiazui (600663) of the performance of the obvious. According to the World Expo Bureau estimates, the Shanghai Expo will attract 70 million of tourists to visit.　　But Societe Generale believes that 70 million people underestimate the attractiveness of the Shanghai World Expo, from the previous examples of Integrated World Expo, the 1970 Japan's Osaka Expo attracted 64 million people, if an average of 600,000 passengers/day, a rough estimate of the number of Expo visitors can reach 110 million.　　Therefore, the circle of fund managers of the Expo's food and clothing, the listed companies are widely circulated such jokes. "Eastern Airlines (600115) of the aircraft arrived at the Shanghai Airport (600009), take the Shentong subway (600834), Johnson Holdings (600662) subway or rental to Jinjiang stock, with Shanghai Home (600315) of the soap to take a bath, and then come to Yuyuan eat some of the temple snacks,　　Or stroll around the hundred shares and the new world of shopping malls, dinner is a cup of wine jinfeng liquor with hairy crabs, and then to the Oriental Pearl (600832) ...　　Of course, while most fund managers are crazy about the local stock market in Shanghai, some fund managers who have always adhered to the value investment have been ringing the alarm bell. "Choosing a stock cannot see where it is or going back to industry and fundamentals. "The investment director of a fund company in Guangzhou said to the financial weekly reporter.　　He warns that many of Shanghai's listed companies are not doing well and are not cheap enough to pursue high buying blindly, after all, the economic crisis has not ended.　　The temptation to restructure if the construction of Shanghai's double Center, the concept of the Expo, the expansion of Disney and Pudong New area can not make the fund managers tempted, then 70 billion state-owned securitization and restructuring of enterprises may break his last line of defense. According to the Shanghai Sasac, the total state capital of Shanghai currently accounts for about One-tenth of the country, the local state-controlled listed companies more than 70.　　By the end of 2008, the net value of local state assets in Shanghai was about 1.15 trillion yuan, an increase of 12.5%; the enterprise of the SASAC system can realize sales income of 722.6 billion yuan and increase 6.1%. But Shanghai in accordance with the "Shanghai" 11 "five state-owned assets adjustment and development Special Plan", 2010 Shanghai state Capital will have at least 30% of the operating assets to concentrate onCity companies, which means more than $70 billion trillion in assets to be listed by the end of next year. At the same time, SASAC and related officials have stated that to reduce the 47 holding groups to 35-30 within 3-5 years.　　It can be seen that the requirements of Shanghai state-owned securitization are very urgent.　　Therefore, the reorganization of Shanghai's state-owned assets is very intense, many groups have begun to move.　　March 10, the bus shares (600741) issued a notice that the SFC has approved the SAIC Group bus shares restructuring scheme.　　Chen Hong, vice chairman of SAIC, said that SAIC will carry out the "30 views on the reform and development of state-owned enterprises in Shanghai" this year, focusing on completing the overall listing of parts business.　　May 15, Chinese pencil (600612) announcement of the reorganization of the progress of the various stages, the company has established a professional audit, evaluation agencies on the company's assets began to audit, evaluation, confirmed the legal counsel, independent financial advisers to the company's industry due diligence. A recent report by Orient Securities has finally locked 21 of listed companies worth focusing on. The district SASAC strongly supports including Shanghai 900 (600838), New World, yimin Business (600824), Pudong Jinqiao (600639), Lujiazui, etc.