There are many blue chips, which are divided into: first-line blue chips, second-line blue chips, excellent blue chips and large-cap blue chips; There are also blue chip funds.
First-line blue chip
There is no clear distinction between the first and second lines. Some people think that the first-line blue-chip stocks are second-line in the eyes of others. Generally speaking, the recognized first-line blue chips refer to stocks with stable performance, large liquidity and large total share capital, that is, stocks with greater weight. Generally speaking, the price of such stocks is not too high, but the mass base is good. This kind of stock can play the role of "four or two", which will affect the whole body. These stocks mainly include: Industrial and Commercial Bank of China, China Petrochemical, Kweichow Moutai, Minsheng Bank, Vanke, Ping An Bank, Wuliangye, Shanghai Pudong Development Bank, Poly Real Estate, Shandong Gold and Daqin Railway.
Second-tier blue chip
Generally speaking, the second-tier blue chips in the A-share market are slightly inferior to the first-tier blue chips mentioned above in terms of market value, industry status and popularity, which is relative to several first-tier blue chips. For example, Conch, yantai wanhua, Sany Heavy Industry, Gezhouba, Guanghui, Zoomlion, Gree Electric, Qingdao Haier, Midea Electric, Suning Appliance, Yunnan Baiyao, Changyu, ZTE, etc. In fact, this company is also a well-known leading enterprise in the industry (if viewed from the industry alone, it is also a blue chip in its respective industries).
blue chip stock
Blue chip with excellent performance is a word derived from blue chip by comparison. It is a company stock with excellent performance, rich dividends and steady growth, which has been recognized in the industry. And "excellent performance" refers to the selection of excellent stocks from the perspective of performance ranking.
Blue chip market
Blue chip refers to a listed company with large share capital and market value, but not all large-cap stocks can be called blue chips, so it is difficult to set an exact standard for blue chips. From the experience of various countries, those companies with large market value, stable performance, leading industry and considerable influence on their own securities markets, such as Changjiang Industry and Hutchison Whampoa; IBM is in America; Lloyd, England, etc. In order to bear the reputation of "blue chip". Blue chips are the ones with large market value. There are also some blue chips in China, such as Industrial and Commercial Bank of China, China Petroleum and China Petrochemical.
I steel industry: revaluation of performance growth value
China steel stocks represented by Baosteel deserve reasonable market pricing. In view of the high discount rate or risk premium, the listed value of major steel products is obviously underestimated. As the upstream and downstream of an industrial chain, it is impossible to have a valuation "depression" forever, and the price-earnings ratio of steel stocks reaches 15 times, which is the international level.
Key steel stocks with P/E ratio less than 20 times: baoshan iron & steel, Angang and Maanshan Iron and Steel Co., Ltd. ..
Second, the port industry: the main line of investment: low valuation+asset injection
Although the sector valuation has been put in place, there are obvious differences in the valuation of individual stocks in the sector. The valuations of Shanghai Port, Nanjing Port and Chongqing Port are more than twice as high as those of Yingkou Port, Shenchiwan Port and Yantian Port. With the industry valuation in place, security is an important factor that we should consider when giving the investment strategy in 2007. At the same time, in the market environment of 20% growth rate of the whole industry, we can have more port resources and occupy a more active market position in the future market competition, so companies that may acquire assets are also our concern.
Key port stocks with P/E ratio less than 20 times: Yantian Port, Shenchiwan Port and Yingkou Port.
Third, the coal industry: opportunities brought about by the expansion
As far as the choice of investment targets is concerned, it is suggested to give priority to investing in enterprises with core competitiveness and pay more attention to the "bottom-up" strategy. The logical main line is: the price remains high-the increase in production capacity can be fully released-the transportation is loose-and the enterprises with little cost impact are the most worthy of investment. It is predicted that asset value injection and overall listing will be important investment themes and opportunities for the whole coal industry in 2007-08.
Key coal stocks with P/E ratio less than 20 times: Orchid Technology, Xishan Coal and Electricity, kailuan shares, Yangguo Xinneng, Hengyuan Coal and Electricity, Jinniu Energy, Yanzhou Coal, Lu 'an Huaneng, Pingmei Tianan and Shenhuo.
Fourth, the highway industry: long-term steady growth pays attention to value revaluation.
In 2007 and for a long time to come, China's expressway industry will maintain a steady growth trend. The sustained and steady growth of the national economy, the network effect brought by the gradual improvement of road network construction, the drop in oil prices and the increase in traffic volume brought by overseas investment have all created a good external environment and opportunities for the stable development of the whole industry.
Key highway stocks with P/E ratio less than 20 times: Chengdu-Chongqing, Jiangxi-Guangdong Expressway, Wantong Expressway, Zhongyuan Expressway and Modern Investment.
1). Index stocks:
China Petroleum, China Petrochemical, China Industrial and Commercial Bank, China Construction Bank, China Bank, China Shenhua, China Merchants Bank, China Aluminum, China Ocean Shipping, Baoshan Iron and Steel, Air China, Daqin Railway, China Unicom and Changjiang Electric Power.
(2). Finance, securities and insurance:
China Merchants Bank, Shanghai Pudong Development Bank, Minsheng Bank, Shenzhen Development Bank A, Industrial and Commercial Bank of China, Bank of China, CITIC Securities, Hongyuan Securities, Shaanxi Guotou A, China Construction Bank, Huaxia Bank, China Ping An and China Life Insurance.
(3). Real estate stocks:
Vanke A, Gemdale, China Merchants Property, Poly Real Estate, Oceanwide Construction, OCT A, Financial Street, and Chinese Enterprises.
(4). Aviation unit:
Air China, China Southern Airlines and Shanghai Airlines.
(5). Steel stocks:
Baosteel, WISCO, Angang.
(6). Coal inventory:
China Shenhua, Lanhua Kechuang, kailuan shares, Yanzhou Coal, Lu 'an Huaneng, Hengyuan Coal and Electricity, Yangguo Xinneng, Xishan Coal and Electricity and Datong Coal.
(7). Heavy machinery:
Jiangnan Heavy Industry, China Shipbuilding, Sany Heavy Industry, Anhui Heli, Zoomlion, Jinxi Axle, Liugong, Zhenhua Port Machinery, Guangzhou Shipyard International, Shantui and Taiyuan Heavy Industry.
(8). Electric energy unit:
Changjiang Power, Huaneng International, Guodian Power, Zhangze Power, Datang Power Generation, SDIC Power
(9). Automobile shares:
Changan Automobile, China Heavy Duty Truck, FAW Li Xia, FAW Car, SAIC and jiangling motors.
(10). Nonferrous metal stocks:
China Aluminum, Shandong Gold, Admiralty Gold, Chihong Zinc Germanium, Baoti, Hongda, Xiahe Tungsten, Jean Nickel, Baotou Aluminum, Zhongjin Lingnan, Yunnan Copper, Jiangxi Copper and Zhu Ye Torch.
(1 1). Petrochemical plant:
China Petroleum, China Petrochemical, cosl, CNOOC Engineering, Blonde Technology, Shanghai Petrochemical.
(12). Agriculture, forestry, animal husbandry and fishery units:
Beidahuang, Tongwei, Zhongmou, New Hope, Tunhe, Fengle, Xinsai, Dunhuang, Nong Xin Development, Guannong, Hejia and Denghai.
(13). Environmental protection:
Longjing environmental protection, Feida environmental protection.
(14). Aerospace military industry:
China Satellite, Rocket, Xifei International, Aerospace Information, Aerospace Communication, Hafei, Chengfa Technology, Hongdu Aviation.
(15). Port transportation:
China COSCO, China Shipping Haisheng, COSCO Shipping, Shanghai Port Group and CIMC.
(16). New energy:
Tianwei keeps changing, Fengyuan biochemical.
(17). Small and medium-sized board:
Suning Appliance, Siyuan Appliance, Lijiang Tourism, Huaxing Chemical, Ke Hua Bio, Hanzu Laser, Zoje, Vantage, Supor, Seven Wolves, Aerospace Electric Appliances, Winbond Pharmaceutical.
(18). Power equipment:
Dongfang Electric, Dongfang Boiler, TBEA, Gao Ping Electric, Guodian Nanzi, Huaguang and Xiangdian.
(19). Science and technology:
Gehuayouxian, Oriental Pearl, Variety, citic guoan, Founder Technology, Tsinghua Tongfang.
(20). High speed grade:
Jiangxi-Guangdong Expressway, Shandong Expressway, Fujian Expressway, Zhongyuan Expressway, Guangdong Expressway, Nanjing-Shanghai Expressway and Wantong Expressway.
(2 1). Airport category:
Shenzhen Airport, Shanghai Airport, Baiyun Airport
(22). Building supplies:
China glass fiber, Changjiang Seiko, Conch profile.
(23). Water:
Capital Corporation, Nanhai Development Raw Water Co., Ltd.
(24).
Warehousing, logistics and transportation:
Sinochem International, Tielong Logistics, Sinotrans Development and China Storage.