Vanke Brothers B Strong a weak for which

Can be called "the most stringent" real estate regulation policy, the mainland stock market has been difficult to see the real estate stocks. Although there have been a lot of positive policies in recent years, the performance of property stocks is still only a slight rebound. However, there is a real estate stocks are very strong, it is Vanke B. The unit from the April 17 real estate New deal to now, there are still nearly 5% of the increase, and from the lowest adjustment to the current round of the rebound is more than 40%.　　The same time period, Vanke A's trend is appalling, with a matrix, why the trend will have such a big difference? Surprisingly, the real estate cattle stock is no doubt that Vanke is still the best property companies in the property sector. But under the strong regulation of real estate policy, any stock is difficult to withstand the test, Vanke A and a lot of real estate A shares in a short three months fell miserable.　　However, a surprising stock firepower, that is Vanke B. In fact, before the introduction of the new real estate policy, Vanke B began to adjust, and after the new policy, the unit was a setback, the lowest had fallen to May 7 of HK $6.42.　　However, the unit stabilized and gradually rebounded, closing to HK $9.21 yesterday. From the transaction data, in the Wanguo trading unit, about 4 million Hong Kong dollars since April to buy Vanke B through a large number of transactions, and CICC Beijing Jianguomen outside the securities business Department of the capital on June 17 to buy 3.71 million Hong Kong dollars.　　It is reported that these seats are the focus of QFII. Other real estate stocks, although the recent rebound, but most of the year from the high, including the performance of Zhongguancun, Vanke B's brothers Vanke a performance is surprisingly weak. April this year Vanke A in the 9 yuan region to do the platform was broken, the stock price all the way down, the lowest to 6.65 yuan.　　The recent property stock rebound process, Vanke a performance is also unspeakable optimistic, rebound a step three back, the latest report 7.4 yuan. What's the difference between A and b? So, why is there such a big difference in the performance of Vanke A and Vanke B in the same matrix?　　Analysts who are reluctant to give their names say it is an immature performance of domestic institutional investors. The analyst buys almost the lowest position in Vanke B, earning nearly 40% in two months. He said that the reason for the purchase of Vanke B was quite simple, the stock at that time only more than 60 billion Hong Kong dollars, and the size of the Chinese Vanke and China Overseas development in Hong Kong has a market value of nearly HK $150 billion, to Vanke B at the time of the price to buy, is simply to pick up money. Now that China's overseas market capitalisation is still around HK $150 billion, Vanke B is still undervalued.　　He thinks, the domestic investor abandons the bargain not to buy, to pursue the high valuation gem and the SME board, is abandons the traditional, the practical valuation system, this is the Vanke A to today still does not have the bright performance the main reason. Li Dahuan, director of the British Securities Institute, said that Vanke B's spectacular rally may be related to overseas funds more bullish on the mainland market, with some stocksAh shares upside down is the same reason, the domestic stock market is too underestimated. A brokerage researcher said that Vanke B is better than a, difficult to explain in terms of valuations, may be related to the appreciation of the renminbi. He said, it is still difficult to understand the real reason, Vanke B can rise, why China Merchants B performance is not so eye-catching, the stock price is also compared to the Merchant estate? From the potential, China merchants real estate will not be much worse than Vanke.　　In his view, according to the general logic, in the current situation, Vanke A should have more potential than Vanke B.　　Deep proof B refers to the most cattle index in the past six months, the domestic two-tier market performance of the best index, is not the gem, nor the SME, but deep proof B. Statistics show that in nearly 120 trading days, deep proof B refers to a decline of only 3.04%, the index of the smallest decline in all important indices. In the rebound process, the deep card B is also the best performance index, according to statistics, nearly 20 days deep card B index rose 8.43%, nearly 10th rose 6.33%, nearly 5th up 4.48%, is the fastest rebound in all indices index.　　From May 21 to the lowest point, deep proof B refers to the rebound rate is close to 18%. Analysts believe that deep proof B refers to the reason why the strong in Shanghai B, largely because Vanke B, Changyu B and other shares in the index of the larger weight, and these two stocks in the current round of market adjustment performance and very tenacious.　　In fact, Shanghai B refers to the performance is also very impressive, the performance of the past six months is also ranked in the forefront. B shares in such a performance, may still be more favorable to foreign investment in renminbi assets. Some people in the industry said that the B-share performance is mainly two reasons, one is long-term investors prefer a more stable B-shares market, and second, foreign investment is optimistic about the appreciation of the renminbi. This also gives a share a certain revelation: the market may enter the long-term investment phase, the trend of RMB appreciation may be forming.