Category: Money Tips Date: 2006-05-31
Last Friday morning in Shanghai and Shenzhen stock markets rebounded after the first, bottom, to the afternoon started to surge. Benchmark Shanghai Composite Index closed up 165.5 points at 3781.4 points, KLCI up 50 points at the deep 1066 points, the two cities will be last Thursday Yinxian back to the basic package. The tape is expected to rebound better than repeated, it is difficult as the last time, after plunging as unilateral pulled this week temporarily indexes between points in the 3600-3900 interval to run, it is difficult unilateral Change.
Up is also a "weekend syndrome"
When the stock index at a high level, it is feared a bad weekend, it emerged Friday gapped down on Monday gained a strange phenomenon; when the index in the low, people are afraid of a policy to prop up the weekend, so easily does not make sense to rise Friday. China's stock market has developed so many years, "weekend syndrome" becoming ever more acute, this is our market, unfortunately. People do not mind research company, but inquire about the policy of gossip all day long, this is certainly a step back.
Comprehensive study of Shanghai Securities analyst Wu Kan, said: "The market rumors the government will cut stamp duty and trigger buying. Perhaps the Government would introduce some measures to halt the decline."
In addition to state-owned shares over the weekend if the rules of good things, no other good, then the bull will not be able to index confused too, because this week, four will be issued four shares of madness. Issuance of new shares is not the market's capacity and how the key is to show an attitude, crazy expansion of such a great blow to the confidence of investors.
Policies can make index stabilized at above 3400 points, but also allows it to climb to 2500 points, the policy can choose to stock market index soared 4,500 points, investors can not doubt policy capacity. I believe that the Government is indifferent to the stock market into an bear market, but for some reason, and hope next time will be moved up about. If the fall of 3400, then in future policy would be difficult to shore up the market, I believe that management can understand this point. In addition, if the fall of 3400, then in the next few months, and skyrocketing house prices continue to step-dimensional red-chip offering will be difficult. Therefore, I believe that management or have the motivation to hold 3,400 points, investors in the operation can not be too short.
"Talk" after the same time, hands-on
City had just opened last Friday afternoon, the stock market index soared 50 points, 5 minutes, I would guess at noon when some people "talk" too. The main force of the whole afternoon was a rare show of "solidarity," Zai Mei who knowingly defeating, which makes the speculation a stronger writer. I recall that 3400 points, too, Moxi the morning, eat lunch, suddenly came upon fresh.
State-owned shares subject to be considered a positive, but not enough to index a record high, need to support other positive. Investors should pay close attention to future policy, which depends entirely on the stock market has been the policy, and the fundamental relationship is not temporary. In fact, the money market, money, to the performance by performance, Han is not lacking, but without any policy, let go.
Some people say that the market has its own drop requirements, even if did not increase the stamp duty will be lowered so bad, said that it was "the last straw the camel." This is in fact only half of that right, because 4,500-point drop may be washed, washed and then plunge 5,000 points is possible, washed and then plunge 6,000 points, is also possible. Increase rate of stamp duty is too fast and can not be regarded as "straw", should be amended to read "the last one iron bar the camel."
I do not think the rules of state-owned shares What kind of exceptionally good, so do not think the intention of pressing his tray, because the rule is not a party to the reduction of profit concession, but the real good news should be the ones who enjoy, such as the reform of stamp duty to be collected unilaterally. If there is a similar reduction in stamp duty this level of good, in order to fully permit the determination Minto city.
Largest non-three-year reduction of 5% stake, may sell the price of 20 yuan, if the three-year reduced by 10% shareholding, it may only be sold in this price of 10 yuan. Therefore, reduction of the proportion of conscious not only provides a secondary market investor-friendly, but also to their own advantage, which actually and OPEC to limit production and protect the price a reason. Things for their own benefit can not exaggerate the effects of its prop up the market, so the stock market continued to rise and need to follow-up policy support.
