Category: Money tips Release Date: 2006-03-13
Source: Kim Tong Securities Author: Chen Yong Chao
Tape between the two places today, once in China, Sinopec to continue to test a low pressure, but Yao City Index that has tilt, as at close was down 4.30 points, to close at 1548 points, turnover amounted to 18.4 billion, compared to atrophy.
Technology stocks early in the G Merlin daily limit to a certain extent under the stimulus of the performance, G Haihong, G national security and other popular varieties once pulled. After the non-ferrous metal plates in the G cloud, driven by daily limit of copper out of the rally, G cloud aluminum, G Zhuzhou Smelter, G Yuguang, etc. among the biggest gainers, for there is still room for a rebound in non-ferrous metals may continue to pay attention. Afternoon operation, the sector rotation in terms of the new energy sector as an important component of the current round of Quotes, one with a high popularity, is currently leading several popular varieties are flocking adjustments in place, I believe that out of the well is expected to rebound in the afternoon Quotes.
Focus on the new popular leader, the polycrystalline silicon solar panel overlord 000012G CSG, pre-fitted Lagaojiancang the main line of the current price adjustment is in place, short hair-trigger violent counterattack! World Solar PV industry for more than 35% annual growth rate, its associated company's shares are also listed several times or even 10 times the gains, profits effect is extremely obvious, but the solar photovoltaic industry are subject to the constraints of raw materials, the development of silicon bottleneck restricted, the industry really has a huge potential for development and growth of the space when the number of production and marketing of silicon in particular, polysilicon companies. G CSG-related announcements board meeting, in order to build a complete industrial solar PV industry chain, the company has done a lot of polysilicon materials, a detailed investigation of work, the proposed investment and construction phases 4500-5000 t polysilicon project. Technology of the project by the Russian State Research and Design Institute metals provided site selection of economic and technological development zone of Yichang in Hubei Province. The first phase of plans to invest 150 million U.S. dollars annual production capacity of 1,500 tons of high purity polysilicon production base, covering about 500 acres, including a solar-and electronic-grade high-purity poly-silicon materials and solar wafers and other products, construction period of about 18 months. In addition, CSG G into the photovoltaic industry has long been a matter of fact prelude. In September 2005, the company disclosed that the decision to enter the renewable energy industries, plans to Machong Town, Dongguan City, Guangdong Province, 750 acres of land, construction, CSG Holding, Dongguan Green Energy Industrial Park, the industrial park will focus on investment in building energy-saving glass project, Solar ultra-white glass items, photovoltaic solar cell project. The company said the construction of industrial park far-reaching, when the company's main business structure will undergo significant changes.
The broader the message surface: 1. Fashen Wei 8 th working meeting will be held this week 5. Rong-Sheng, Guangdong and Shenzhen Advanced Micro Devices Inc. were wire-run Electronics Co., Ltd will be starting on the application will be reviewed. Bank of China president Li Lihui roadshow led by the team began yesterday in Shenzhen Roadshow promotion. In the day time, through visits to the form of a luncheon seminar, held many activities to promote inquiry, the South Fund, UBS SDIC Fund, INVESCO Great Wall Fund, Noam funds, trusts and a number of agencies in Xiamen the yesterday's promotion. It is understood that in Shenzhen to promote the activities of today will continue to expand. As can be seen from the recent disk, the main varieties of suppression is an old faucet, Sinopec, as the current weight of the biggest indicators of stock, in this wave of Quotes played a significant role, then the fundamentals have not changed recently in the context of it out of the falling trend, indeed meaningful, the most likely reason is that one of the strategic capital flight and the one hand, the unit was not stock change, on the other hand the same level of the Bank of China will visit A shares, the old and new leader of the top spot is not rule change. So today's market, Sinopec fell 3.88 percent in the circumstances, be able to hold on shows a continuous drop in the index after the signs have been Qi Wen. In fact, we have repeatedly referred to in addition to the technical side of 1540 points, rising trend line support, the funding today's Datong Coal purchase the freezing of funds, the funds to ease side facing a period of time period. Farther away, even from the point of view, part of the high-quality varieties are facing a very good opportunity to re-absorb the biggest reason is that Recently, the fund is very hot issue, the newly established fund more, and a large scale. For example: last Friday the newly established Yinhua Quality Growth Equity Fund and the small plates ETF, the size of 9.8 billion, respectively, 40 million; May 17 Guangfa established hybrid optimization strategy for the fund, the size of 18.4 billion; May 31 Bo was established when the equilibrium configuration mixed type, the size of 2.4 billion, and so on. This is part of the funds will use the current context of the broader market is relatively weak growth of high-quality varieties of active Jiancang. Therefore, the disk in the near future, in the interest index rebounded at the same time, but also to the potential for high-quality stocks do the layout. Indices, the small satellite lines are expected to rebound after the close tomorrow yang.
Stock Recommendation - 000012 G CSG A: The most shocking is that, the company issued in May 2006 Investment Intention: to be phased investment in building 4500-5000 t polysilicon material project! So, the company will be fully into the bright prospects of the crystalline silicon solar hot areas. In addition, the company's annual output of 800 million square meters of energy-saving Low-E coated glass project is expected to be completed this year public works, in mid-2007 put into commercial production, in addition to the first phase of 30 megawatts of solar cell chip and package the project will begin in the near future is expected mid-2007 put into commercial production is expected to be completed by 2009 450 MW solar cell project, annual production value is put into production is expected to reach 8.0 billion. Secondary market point of view, the unit pre-funding Lagaojiancang large, the current prices across the board hold-up is expected to launch a positive self Quotes.
