crypto by Top Featured

Looking further, humanoid robots and AI concept leading stocks, which are the hottest in the market recently, are almost taken over by small-cap stocks. The data shows that since September 23, the humanoid robot sector has risen by the top 30 stocks, with an average increase of about 114%. Before the market started, the average market value of 30 stocks was less than 4.1 billion yuan. In terms of individual stocks, Eft's total market value was less than 4 billion on September 23, and it has risen 3.5 times since then, and it is currently about 17.6 billion yuan. The total market value of Juneng shares rose from 770 million yuan to 2.6 billion yuan; Tuosida rose from about 4 billion market value to 16.4 billion yuan.What are the reasons why more resilient blue chips are not popular in the market? Many people in the industry interviewed by reporters believe that the macro-economy has not yet recovered significantly, and the uncertainty of the pace of monetary and fiscal policies next year has led to the fact that although the weighted blue-chip stocks have a low valuation advantage, they have not obtained the unanimous expectation of funds.The "disappearing" low-priced stocks also reflect the style that funds are keen on "speculating small". The "roller coaster of low-priced stocks during the year: the number of stocks in half a year is reduced by 90%, and the liquidity drives the stocks to soar" published by CBN on December 8 pointed out that the number of A-share low-priced stocks (below 2 yuan) has been reduced by about 90% in the past six months, and the hot money has used the concept to speculate on related targets, pushing the low-priced stocks to rise sharply. Sunrise Oriental (603366.SH), Nanjing Chemical Fiber (600889.SH), Leo (002131.SZ), *ST Tongzhou (002205.SZ), Hainengda (002583.SZ), and Doushen Education (300010.SZ). As of December 9, there were 21 A-share low-priced stocks, one less than the previous trading day.

Let's look at a set of data first. The average increase of the 100 stocks with the smallest market value on September 23 to December 9 is 141%. The 100 stocks with the largest market value closed on September 23, and the average increase by December 9 was 21.5%.Small-cap style clearly outperforms.Compared with small and medium-sized stocks, large-cap stocks have always been known for their stable operating performance and higher dividends. According to the analysis and research report of Guotai Junan's third quarterly report, the performance of all A-shares declined in the first three quarters. In the third quarter, the net profit growth rate of all A-share non-financial and non-petroleum and petrochemical listed companies (hereinafter referred to as "all A-shares and two non-shares") was -10.8% year-on-year, which was further enlarged compared with the second quarter of 2024, with a cumulative year-on-year growth rate of -8.0%, and negative growth for seven consecutive quarters. In terms of revenue, the cumulative growth rate of all A companies in the third quarter of 2024 was -1.6%, and it was -0.7% in the second quarter of 2024, with an enlarged decline.

From 2024 to the end of the year, with the gradual development of the New Year's market, how will the market style be interpreted? Will there be a switch between large and small disks?In this context, blue-chip stocks maintained their performance resilience. In the third quarter, the single-quarter growth rate of large-cap net profit represented by Shanghai and Shenzhen 300 increased significantly, with an increase of 8.75%. The performance of small and medium-sized stocks represented by CSI 500 and CSI 1000 dropped significantly, with growth rates of -14.7% and -9.4% in the third quarter respectively. In terms of industrial chain style, finance has been greatly restored, consumption has remained resilient, growth has continued to be under pressure, and the cycle growth rate has turned negative.