Category: Money tips Release Date: 2006-04-05
Since the "surprise" has been a high profile following the introduction of the game is expected to play with the market seems to become a trend. When everyone craned waiting for the deposit reserve ratio by the shoes, the same as raising interest rates like a big stick smashed down from the point of surprise. Response from the market, but also by surprise, opened only faint three minutes, and then endure up. After the close comrades say: Money can be really multi-ah!
Loan interest rates, the money is more valuable, and has the largest institutions can earn more money, money. Blessed banks, and deposit rates unchanged, lending interest rates, income came in the price of the same, sold price increases that with a blank earning a huge amount. Bank stocks rose to express the heart with joy. Bank of China listed in Hong Kong soon to be, and such a practice, you can multi-turn tens of billions of money, after the stock market will be very considerable. Foreign exchange reserves, capital injection from its major shareholders sinks into the Bank of China International Capital Corporation erupted in big profits made. Huijin is the country's central bank is also the state, the central bank a good pre-IPO, listing Huijin money, and act in harmony with great dexterity to operate freely. And others to spend big loss, those so-called "capital-intensive" industries, such as real estate, after the financial cost was higher. Pressure real estate, real estate upstream industries such as cement, glass, iron and steel, nonferrous metals, will be affected. Sufficient cash flow companies, will not be affected, but the deposit rates did not move, did not earn more interest, you may benefit, is the same industry company with insufficient cash flow due to the deteriorating financial situation, providing merger integration opportunities. The high rate of assets and liabilities to avoid highly leveraged companies, such as real estate, steel, select the asset-liability ratio and low organic growth companies, such as food, beverages and medicine.
Dares to interest rates, it appears that policy-makers that the appreciation pressure eased. A few days before the visit, as well as procurement of U.S. goods to appease the crazy Yankees, external pressure decreases, relax foreign exchange controls, the implementation of QDII means to release internal pressure. Gaoding outside after a bold move on interest rates. Old saying that "the interest rate the exchange rate of road block", then a legislator, to cool the economy of the most simple and effective interest rate can not move can not move, that is, after raising interest rates lead to more fear of hot money. Now, the above when Kuoren to buy things, the following sub-drainage relent, governments, institutions, individuals, along with hands-on, full mobilization, with the hot money to launch a full three-dimensional war, so that vast ocean of hot money into the people's war, there is this emboldened, that is, abandoned moderate reserve ratio do not directly want to use interest rates to spend long sword. As the financial transmission mechanism is different from the reserve ratio and interest rates at home and abroad in different power levels. The former results in developed countries, fierce, the interest rate is moderate; China the opposite.
Find good stocks to hold long after, in the past is foolish, because the market environment is not suitable, but now institutional investors are gradually becoming an effective profit model. However, the stocks as a professional person, per day to receive the ears of countless information, the stock fell in front of a day up Change will always find a lot of "better investment opportunities." Sitting in front of the computer, it is difficult to hold the value of a long-term investors. While those with actions and history shows that their is indeed a long-term value investors who hold, and thus even more admirable. They can get the respect of peers, the holder of the pursuit and performance continued to lead is well deserved. Do not look at market, not work, leadership will not allow a day, we must look at market, but also uphold the idea is not reckless, it should strive to achieve on the day of the stock market volatility, "turning a blind eye" bar.
