Category: Money tips Release Date: 2007-06-10
Source: Guangzhou Bandung Author: Ling Xue-wen
In the weight shares of China Petroleum and callback indicator finishing, as well as the recent major hot spots such as banking stocks dragged down by weaker, Thursday launched a strong finishing tape Shanghai and Shenzhen market, the overall upward trend in the market, as well as strong operating characteristic is still evident. The recent observation of disk features can be found, iron and steel, energy, power, highways, ports and airports and other valuation performance of steady growth, low levels of the industries and individual stocks has obviously been a continued influx of capital in the market. Clearly, in the context of full circulation, again by the market value of investment attention. From this point of view, combined with the operation of the current market situation, investors thought the stock selection should take the initiative to adjust.
[Today's market conditions]
China's petrochemical unit weight of the callback order indicator, under the influence Thursday broader market failed to Shanghai and Shenzhen extension of the previous two trading days of the strong continued upside in the current round of inertia on the red and create a new high Quotes showed a strong shock after finishing the corresponding pattern. One morning in the Shanghai Composite Index opened 1856.92 points, after the energy such as electricity, driven by plate slightly shot up to 1857.15 points, after shares in China's petrochemical, and other indicators for a callback, and other financial stocks, dragged down by weak start to adjust market, midday stock indexes in the 5 days moving average near the bottom out and eventually closed out the video taken off the "T"-type Yin Xian. Shen Chengzhi trend slightly stronger than the Shanghai stock market, and revenue for two consecutive days out of bald little Yang Xian, the strong features of obvious.
From the disk situation, weighted by the Chinese petrochemical, and other indicators of financial sector stocks, as well as weaker influence, to a certain extent, restrained the market will do more, disk stocks decreased level of activity, the two cities just pass pipe industry in the country, S into the building, Baotou Steel shares of three non-ST stocks daily limit. Specifically, the underestimation of value or valuation reasonable and stable performance of the performance of the industries and stocks are more active, particularly in the energy performance of the power plate morning eye-catching, such as GD Power, Huaneng Power International, Yuedian Li, Shennengyuan, etc. to soar; other underestimate the value of the plate steel, and highways have good performance. Investors should be concerned about the merger and reorganization, the assets into the overall theme of listed species in hot pursuit by the market, such as the daily limit of Baotou Steel shares, Angang Steel Company Limited, S Torch, on the Hong Kong Group. In addition, part of the engineering machinery, equipment manufacturing, such as Guangzhou Shipyard International Stock Class, Zoomlion, Liugong, also had an outstanding performance.
Thursday, the Shanghai Composite Index opened to 1856.92 points, up 1857.15 points, the lowest 1834.84 points to close at 1851.31 points, down 4.40 points, or 0.24%, turnover of 28.697 billion; New Composite Index (000017) opened today at 1572.03, the lowest point of 1552.97 up 1572.50 points to close at 1567.22 points, down 3.69 points, or 0.23%, turnover of 26.349 billion.
Shen Chengzhi opened 4646.06 points, the lowest 1600.80 points, up 4657.13 points to close at 4657.13 points, up 13.96 points, or 0.30% on turnover of 14.268 billion. Shenzhen, a new index (399.1 thousand) to 1789.97 points, opening morning, the lowest 1770.31 points, up 1789.97 points to close at 1789.14 points, down 1.17 points, or 0.07%, turnover of 11.923 billion.
[Today In news]
Thursday mainly in the following several news worthy of investor attention:
1, yesterday, the interbank foreign exchange market U.S. dollars to 1 U.S. Dollar against the RMB exchange rate U.S. dollar against 7.8720 yuan, compared with the appreciation of 72 basis points the previous session. So far, the reform on the yuan against the U.S. dollar since the accumulated appreciation of close to 3 percent rate, to 2.93%.
2, 10 31, Baotou Steel shares (600.01 thousand) and the largest shareholder Baotou Steel Group signed "purchase agreement", will be directed to the major shareholder issue 3.032 billion A shares and the payment of cash as part of the price of the acquisition of Baotou Iron and Steel Group's main business assets, to achieve the primary iron and steel industry as a whole listing of the Group.
3, it was revealed from the beginning of next year, the PBC will address the securities and insurance industries, according to a certain percentage of special anti-money laundering investigations to promote and strengthen these two sectors crime of money laundering regulation.
4, Margin wait for a more mature environment for the pilot. Recently, the Shanghai Stock Exchange again in margin trading business system testing. Some participating broker said that the current test is still a routine test, as to timing of the pilot, and no clear timetable. Institutions to the Chinese Securities Regulatory Commission is currently a pilot assessment of materials submitted by the Ministry of innovative pilot securities companies have 10 or so, to prepare their programs and the system has been basically completed, the broker is still within the company developed a business management approach and a set of business covered by audit , business operations, operational support, operational risk control and other aspects of the internal rules and regulations.
5, there is news that Chinese-made 3G standard TD-SCDMA will be next week, Telephone Number, initially expected to release number 20000. There are indications that, after China Telecom, China Netcom, China Mobile, the three operators of collective testing, domestic 3G standard TD-SCDMA is close to the commercial level.
[Afternoon Brief]
In the weight shares of China Petroleum and callback indicator finishing, as well as the recent major hot spots such as banking stocks dragged down by weaker, Thursday launched a strong finishing tape Shanghai and Shenzhen market, the overall upward trend in the market, as well as strong operating characteristic is still evident. The recent observation of disk features can be found, iron and steel, energy, power, highways, ports and airports and other valuation performance of steady growth, low levels of the industries and individual stocks has obviously been a continued influx of capital in the market. Clearly, in the context of full circulation, again by the market value of investment attention. From this point of view, combined with the operation of the current market situation, investors thought the stock selection should take the initiative to adjust.
The disk can be observed Thursday found two typical features, first and foremost with the valuation advantage of the overall strength of the energy power plate early, eye-catching performance, such as the Shan electricity, Yuedian Li, Huaneng Power International, Shennengyuan, GD Power, etc.; In addition to Power Plate in addition, highway, coal, engineering machinery, etc. are also active in the performance. Valuation from the power plate as far as pre-market, the power industry generally more concerned about the future oversupply, pessimism is expected to lead to power plate at the early stage is not high degree of concern by the market, the overall trend clearly lags behind the broader market. At present, the overall valuation of the level of the power plate in a relatively safe investment area, on the other hand, future rate hikes expected to reduce iron and steel, cement and other downstream industries demand continued to grow, makes the whole investment value of the power plate gradually. Especially in the tape is running at a relatively high stage of the energy involved in electricity, iron and steel, and transportation with the valuation of the plate as well as the advantages of weight plates of blue-chip stock index hedge funds and seek to become the main value of the primary means of financial stability.
Thursday disk Another major feature of the merger and reorganization, listing assets into the overall theme of the active species sought after by the market, such as notice to achieve the overall stock market opened, sealed in Baotou daily limit, on the Hong Kong Group, Angang Steel Company Limited, S Torch , Shennengyuan, Shandong, etc. have high strength. Since this year, through the establishment of management stock incentives, a major shareholder orientation issuance, asset replacement, asset injection and other innovative means with the overall market, allowing listed companies to obtain sustainable development. Including private placement of listed companies has become the primary means of refinancing, especially the central level, through the injection of additional directional manner in which assets become the main mode of realization of the overall market. The management also made it clear, through the targeted distribution to achieve the overall market, to achieve high-quality asset injection and the introduction of strategic investors, is to regulate the sector in the relevant distribution and M & A activity in the two goals of most concern, and support enterprises to absorb the merger with convertible, directional back purchase, non-public offerings, etc. to achieve the overall market. For listed companies, through asset replacement, the Group of high-quality assets in large-scale injection of a great extent, to promote the company's profitability is effectively improved by leaps and bounds even the performance of growth, investment value greatly; and performance of growth stock up The fundamental motivation for investors, it means that significant investment opportunities.
