Category: Money tips Release Date: 2007-08-02
Source: Guotai Junan
Wednesday morning stock appreciation of the RMB against the backdrop of a substantial direct Tiaokonggaokai, and then maintained a shock the day that the trend of its own run all day long to one of Yang Xian at close. Although the trend point of view, gapped gap indicates that the current index is still running strong way, but for the afternoon, investors still need to keep a rational mind.
Gains can be sustained?
If you count today's Yang Xian, then the Shenzhen stock index has closed after the rebound out of the seventh root Yang Xian, Shanghai stock market index has a 5 Lian-yang, and the trend on the stock index rebound effort the two cities is undoubtedly welcome, but this rally really can it last? From Wednesday's disk can be seen among the biggest gainers in the cap, lower is basically which is the main board, most of the daily limit is concentrated in individual stock price of 15 yuan, while, along with broader market volume significantly larger , indicating that the speculative atmosphere of the current market once again began to strengthen, so although the market is still peacefulness, but investors in the future operations still need to keep a cool head to deal with broader market adjustments that may arise at any time Quotes.
The author believes that such an adjustment could come from several aspects, on the one hand, the market supply and demand of funds in the future may be broken in June last year, in April of this year, the new Development Fund amounted to 451 billion yuan over the same period the size of IPO was only 273 billion yuan of capital flows has led to imbalance in the way stock index rose. But in the coming months, leading blue chip companies will accelerate the returnees, Cosco Holdings, had been released, and the Chinese CNPC, CNOOC, China Mobile, China Telecom, China Construction Bank, Shenhua Energy and other six major central enterprises will also return to the market in the future capital advantage would be lost. On the other hand, the central bank announced yesterday CPI growth rate is still more than the warning line, therefore, not rule out the afternoon will continue to strengthen macro-control policies, especially in the stock market appeared to accelerate up the context of the broader market systemic risk is being strengthened, short-term investors must be treated with caution in the market trend.
Cautious wait and see
While the Wednesday market, stocks have generally shown a strong, but I believe that experiencing the continuous stock rebound, investors in the current operation can be appropriate to reduce positions. Plate, the investors need to follow the idea of performance is king, focusing on the performance supported by substantial stocks, so investors in the stock selection on the next to follow two main lines. First, with the mid-year report to disclose the performance draws near, mid-year report Quotes are expected to heat up, which have been disclosed mid-year report is expected to significantly increase the performance and a high degree of industry, economy stocks investors bargain-hunting sustained attention, such as the Nanshan Aluminum Industry, Guangzhou Shipyard International, COFCO real estate, Asia Standard construction. Second, a number of industry leading enterprises, high-quality large cap blue chips also worth investors in long-term concern. This part of the stock tend to have stable growth, especially in some of these stocks have a project extension, its future growth will be even more impressive. Key species: Shanghai Airport (600,009) room for growth in prominent blue-chip blue-chip stocks. At present the company's market dominance prominent, exclusive resources, through the replacement of assets after the company is mainly engaged in assets for the Pudong airport runway and terminal, as well as Pudong, China Aviation Oil's 40% interest in listed companies for the domestic airports only have both terminal and runway assets of the company. Meanwhile, with the expansion project put into use, the company's throughput capacity will have greater growth. The secondary market, the stock is always heavily loaded with variety of fund share prices to keep the way shocks climbed, through the short-term bargain-hunting after finishing the full poised attention.
