Category: Money tips Release Date: 2006-01-20
Mr. Lu Xun "in Sendai," one article said: "The cabbage destined for Beijing, Zhejiang, revered as a 'plastic dishes', Fujian wild aloe, Come Beijing's greenhouse, calling them 'Tequila'." Mr. Lu Xun is the writer, but inadvertently gave people to speak out the truth in economics.
Market economy and a very basic thing is the "scarcity value", the production of these "rare product" companies, once listed as a public company and the profits of rewarding that the "flea" also can become "dragon Jiao," sooner or later favorite stocks for investors. A shortage of business out of Niugu this round Quotes of the non-ferrous metal plate, without exception, verify this law.
In this round of stock price continues to climb in the process of non-ferrous metal stocks allow investors to earn a lot of pours. Since the beginning of the cumulative increase of more than 2 times the first five stocks, there are four non-ferrous metals; in rose more than 1 times the 45 stocks, non-ferrous metals accounted for 23. The performance of non-ferrous metal stocks is not an accidental phenomenon, because these companies have a market shortage of products, created a shortage of the prospects for corporate earnings, higher stock prices has created a shortage. Whether it is a listed company or the investors in the market, it is about the "shortage" in favor everywhere.
Shortage is not no rules to follow, any country's economy is not all balanced development, the shortfall in economic development everywhere. Since 2001, this one to start the process of China's economy, electricity, coal, iron and steel, nonferrous metals, real estate, automotive and other industries are driving growth in investment and consumption structure upgrading exerted against the backdrop of supply and demand gap, demand higher prices that the trade profitable stocks in these sectors also rose at a time of shortage. Left a deep economic background, the prospects for the industry is difficult to judge. Therefore, we can see, the industry's supply-demand relationship has its own rules for the understanding of macroeconomic and industry to determine its own output cycle, we find the key to a shortage of stock.
Engage in the art of architecture has a friend told me that the Chinese architecture is difficult to engage in, domestic engineers have not been widely accepted these things, which the European countries there is a big difference. The main reason is that developed countries have very little to build a house, for urban construction, and more to enhance the architecture and urban planning in the cultural heritage, and the Chinese cities and towns are busy overwhelming construction has yet to enhance the architectural quality of the phase. In the particular stage of development, China's high investment growth is undoubtedly ranks first in the world, engaging in construction investment driven high-growth not only affect China's economic fluctuations, but also pulling the prices of bulk raw materials at home and abroad continue to rise.
China's development has been able to affect the global pricing of bulk raw materials is not that special, but that exists between China and developed countries, the gap between stage of development. Many products produced in China, although it already accounts for the world, but which are no longer produced in developed markets, or quit, even though their production has to compete with us, but the vast majority of developing countries is technically not our rivals. Therefore, many of China's products to enter the international market seems to be no obstacles, from the very strong international demand. As long as China start production, as long as construction, domestic demand for raw materials will be very strong, domestic resources can not meet, of course, affect the global demand for raw materials and prices.
Non-ferrous metals is a bright spot in this economic context, and perhaps non-ferrous metals shares of the stock market is not yet over, some of the price of the stock market is expected to continue for the next rise, regardless of investors in non-ferrous metal market on the future of the judge shortage is leading to non-ferrous Shares continued to rise the most fundamental reason. Despite the fact that for a certain industry, the shortage may not necessarily be able to endure, but in the economy can always find a shortage of trades, so the study of Chinese macro-economic as important as with the mining stocks, depends on our understanding of the Chinese economy. Sometimes a shortage of industry, Bacon described the opportunity as the elderly, the advent of the time would let investors sent its hair, when it wanted to leave when we think of it only to seize the feeling that it was to seize the bald-headed a. Like with Wall Street, stocks like fashion, there will be fashion color, is perhaps a shortage of industry, China's stock market in the fashion color.
(Changsheng Fund Management Co., Ltd. Research Department Deputy Director)
