Being included in the Shenzhen Stock Connect is good news, because being included in the Shenzhen Stock Connect means that you can directly buy northbound funds, and a large amount of northbound funds will push up the stock price. However, positive does not mean that the stock price will rise. Whether the stock price will rise depends on the company's fundamentals, technical aspects, news and capital speculation.
Supplementary information:
1. Shenzhen-Hong Kong Stock Connect refers to the interconnection mechanism established between Shenzhen Stock Exchange and Stock Exchange. There are Shenzhen Stock Connect and Hong Kong Stock Connect below Shenzhen Stock Connect. In this way, mainland investors can directly buy shares of Hong Kong Stock Connect without opening a Hong Kong stock account, while Hong Kong investors can also directly buy shares of Shenzhen Stock Exchange without foreign exchange control.
2. Incorporate the stocks that meet the conditions of Shenzhen Stock Connect into Shenzhen Stock Connect, so that Hong Kong investors can directly purchase the stocks of Shenzhen Stock Exchange. Therefore, the transfer to Shenzhen-Hong Kong Stock Connect is good for listed companies to gain the favor of foreign capital, but it should not be over-interpreted.
3. Because even if it is included in Shenzhen Stock Connect or Hong Kong Stock Connect, when the company does not meet the target stock determined by the exchange, it will be eliminated; Secondly, the rise and fall of stocks are mainly affected by the company's operating conditions, and the inclusion of funds may be speculated. However, when buying and selling stocks, investors will first consider the return rate and basic operating conditions of listed companies.
Extended data:
1. The conditions for Shenzhen Stock Connect to be included in the stock are:
1, A+H shares listed on Shenzhen Stock Exchange;
2. The market value of the underlying stock needs to meet the Shenzhen Stock Exchange Index of more than 6 billion yuan; 3. Small and medium-sized innovative constituent stocks with a market value of more than 6 billion yuan.
Second, the difference between land stock connect and Shenzhen stock connect
The difference between land stock connect and deep stock connect lies in:
1, with different meanings:
Land Stock Connect is the collective name of Shanghai Stock Connect and Shenzhen Stock Connect, which refers to the northbound capital purchase of A shares listed on Shenzhen Stock Exchange or Shanghai Stock Exchange, and represents the channel for foreign investment in A shares; Hong Kong Stock Connect refers to H, which can directly buy and sell funds in the south, representing the channel for mainland funds to invest in Hong Kong stocks.
2. The underlying stock is different:
Shanghai Stock Connect must be: "Shanghai Stock Exchange 180 and 380 indexes and listed on A+H shares".
The shares of Shenzhen Stock Exchange must be: A+H shares listed on Shenzhen Stock Exchange, and the market value of the underlying stock must meet the constituent stock index of Shenzhen Stock Exchange of more than 6 billion yuan; Small and medium-sized innovative constituent stocks with a market value of more than 6 billion yuan.
Under the Shanghai-Hong Kong Stock Connect, Hong Kong stocks must be: constituents of the Hang Seng Composite Index; Constituent stocks of Hang Seng Composite Index; Hong Kong stocks listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange.
3. The Shenzhen-Hong Kong Stock Connect shares under the Hong Kong Stock Connect must be: constituent stocks of the Hang Seng Composite Index; Constituent stocks of Hang Seng Composite Index; Constituent stocks of the Hang Seng Composite Small Index with a market value of HK$ 5 billion or more; Hong Kong stocks listed by A+H listed companies on the main board of the Stock Exchange.