Two-quarter coal stocks scrambled into the fund to make 15.8 billion yuan

Since entering the two quarter, the Shanghai Composite Index has constantly refreshed its height, up 12.79%.　　The coal sector rose by 51.55% in the same period, the top of all the plates, 24 of which are still fund heavy warehouse, since April a total of 15.829 billion yuan for the fund income. Specifically, the 24 coal stocks in the fund's heavy warehouse, for the fund to contribute more than 1 billion yuan, there are 6, respectively, China Shenhua, Xishan coal power, Datong coal industry, Ping Coal shares, Lu ' an ring and orchid division, contributing to 100 million to 1 billion yuan between the 9, 100 million yuan below 9.　　Star fund manager Wang Yawei two funds in the first quarter of the purchase of China Shenhua, the Chinese market selected to hold 6 million shares, Huaxia strategy selected to hold 2.9 million shares, two quarters, this stock for two funds respectively contributed 44.22 million yuan and 21.373 million yuan. And Wang Yawei also bullish on coal stocks and the Great Wall, the company's judgment that the international market, oil, non-ferrous commodities such as prices have appeared at the bottom of the signs.　　With the expansion of liquidity, inflation-benefiting industries, such as oil, coal and non-ferrous Metals, continue to be bullish. There are also some brokerages who share the same views with the fund. They believe that the domestic economy will continue to be good, coke prices rebound, Qinhuangdao coal inventory continues to decline, power coal prices rebound and limited supply balance factors such as the impact of these factors are to enhance the coal stock valuation potential positive factors.　　Current coal stocks are trading at 19.9 times-fold earnings, while analysts are now predicting a 24 times-fold earnings ratio for coal stocks. Haitong Securities analysts also believe that, at least for now, the strength of the fund to push coal stocks to rise is still, the coal sector will also benefit. 　　The future of coal prices stable or even higher, the merger and reorganization will give coal listed companies more low-cost scale expansion opportunities, the above factors will enhance the performance of listed companies, improve coal investment rating as "overweight." Investment securities analysts said that after nearly 4 months of value repair, the market has been from the coal industry pessimistic expectations of the shadow.　　From the recent trend of coal stocks, the market to the coal industry to show optimism, which with China's macroeconomic recovery, coal industry demand rebound and rapid decline in coal inventory is closely related, liquidity and low inventory will further enhance the industry valuation level, its maintenance of the power coal industry "bullish" rating. In fact, the recent surge in coal stocks, there are institutional funds to the opportunity to positions.　　Public data show that May 14 coal gasification limit, there are two institutional seats to buy the shares of about 146 million yuan, an institutional seat to sell the share of the stock is only 16.304 million yuan; May 12, there are four institutional seats to buy Taurus energy amount of 209 million yuan, sell the amount of about 27.5393 million yuan. Earlier in the Shanghai capital Flow data show that the body of the coal plate increased by 1.774 billion yuan. April 27-April 30, the special account of the increase in the warehouse coal plate 277 million yuan; May 4-May 8, large account for coal mining increased by 1.003 billionYuan, May 11-May 13, the total amount of institutional holdings amounted to 495 million yuan.