What does the common "main fund" in the stock market mean? Main funds refer to funds that can influence the stock market and even control the short-term trend of the stock market. The main force is generally an institution or tycoon, such as a fund company, an insurance company or a bank. Generally speaking, the funds of institutions or investors that can greatly or absolutely influence this stock can be said to be the main funds.
The main funds generally have the following categories:
Securities investment fund: the form of investment fund appeared in the late 1980s and developed rapidly in the 1990s. The scale of securities investment funds still shows a trend of sustained and rapid growth. Their healthy development is crucial to the development of financial markets.
Agent: this part of the funds belongs to the nature of enterprises. After more than ten years of integrated development, the individual scale is huge and has far-reaching influence, and has established extensive contacts with all aspects of the market. Personal operation skills are excellent, research is sufficient, and operation performance is closely related to oneself. This is a semi-national team. The financial strength of securities firms has developed rapidly in the fierce capital increase and share expansion.
Insurance funds: In the first half of this year, the data of insurance institutions' investment in stocks (including equity) was 1 100 million yuan, which was close to the upper limit of 10% stipulated by the CIRC.
Social security fund: the standard directly affiliated unit, accurately grasping the policy, often appears at the critical historical moment. On July 16, news came from the National Social Security Fund Council. As of June 30, 2009, the total assets of the national social security fund exceeded 660 billion yuan.
Private equity fund: Private equity fund is an important participant in the capital market. In China, private equity funds usually refer to institutional investors who invest in the securities market and set up through non-public offering. It is estimated that the scale of private equity fund in China A-share market is around 500 billion yuan, and the amount of large-scale single fund is estimated to be around 200-300 million yuan. Therefore, the strength and influence of private equity funds should not be underestimated.
QFII: According to the State Administration of Foreign Exchange, more than 70 QFII institutions have been approved, with an approval amount of about US$ 654.38+0.5 billion. The upper limit of a single QFII investment quota is proposed to be raised to $6543.8 +0 billion yuan.
Central Huijin Investment Co., Ltd.: referred to as Huijin Company for short, with a registered capital of 1 100 million yuan, is wholly state-owned and is the largest financial investment company in China. In China stock market, Huijin's influence is unique.
Second, the main net inflow and outflow.
The outflow and inflow of main funds reflect the strength of the index, that is, how many people are bearish or optimistic about sectors or stocks.
When the index (price) is in an upward trend, the turnover exceeding 1 10,000 is the backbone to push the index (price) up, which is defined as the main capital inflow, and vice versa. The difference between the two on the same day is the net force to push the index up after the two forces offset on the same day, that is, the net inflow of the main funds of the plate or individual stock on the same day.