Category: Money tips Release Date: 2007-01-06
Source: Oriental Fortune
Today's stock fell heavy volume. Shanghai Stock Market today opened 2933.68 points, up 2934.45 points, the lowest 2868.81 points to close at 2906.33 points, down 58.46 points, on turnover of 94.86 billion yuan, up 309, down 577; Shen Chengzhi, today opened 8115.48 points, up 8158.96 points, the lowest 7897.34 points, closed 8090.47 points, down 110.15 points, on turnover of 52.34 billion yuan, up 240, down 375.
In news: National Bureau of Statistics data released yesterday showed that in February, the consumer price index (CPI) rose 2.7%, grew faster than in January to 2.2%, also the third consecutive three months in a state of negative interest rates. As previously announced the trade surplus, money supply and credit growth are strong indicators of the central bank's recent interest rate increases the possibility of significantly increased. The face of the newly released consumer price level, the PBOC Governor Zhou Xiaochuan yesterday in an interview with reporters two gaps, said CPI growth in recent months, a little too quickly. He also said that in February of new loan data has just come out, the central bank is studying.
According to sources, Bank of Communications March 12 officially reported to the China Securities Regulatory Commission issued the company's A shares of the application materials, and the admissibility of the SFC. This will be following the Bank of China, Industrial and Commercial Bank of China Air China, China Life A-share market return to the country after the official launch of another large-scale enterprises, "returnees" process.
Down by the surrounding markets and interest rates is expected to bearish pressure, the Shanghai and Shenzhen stock markets fell today's heavy volume. Shares opened lower on Shanghai stock market more than 30 points, once break 2900 points, the lowest 2868 points, maintenance of intraday stock index pushed up to 14:00 pm and re-entered the declines in gapped down to leave a larger gap, the amount of can be increased significantly.
Disk observations, intraday limit-stocks are still numerous, especially in the continuous limit-some individual stocks to the market brought about a strong wealth effect. Like Hangxiao Steel 8-day consecutive limit up, Xian-Cheng Industrial Co., 6 days consecutive daily limit, there are two consecutive daily limit of Jiangsu Sainty, Liaoyuan Deheng, etc., and now today's disk from the point of view, the new daily limit to join the stock is still comparatively large, and from the Feng Shan, these stocks will have at least a continuous limit up moves, so that the wealth effect is significantly activated wave of speculation in stocks between the two cities, I believe this is not going to be drastic adjustment of tape one of the reasons. Index stocks dragged on the index significantly, directed issuance, foreign acquisitions variety of subjects among the biggest gainers, no shares of reform ST Unit, part of the real estate stocks as well as ZTE and other technology stocks leading the trend is also more active.
Some analysts believe that even though blue chips has been in a dormant state, but in the two markets held in warmer atmosphere, broad market has been barely maintained a slight rebound in trend, but with the stock cut into the pre-transaction-intensive areas, generally at a cautious wait and see the mainstream capital among the six trading days pre-rebound margin not large, and in the near 3,000 points, near its highs after the market's rise imagination more cautious.
But from today's crash during the opening heavyweight performance, although the morning and once reached the Shanghai Composite Index fell 3%, but the market's sharp fall but rise sector initiatives to undertake, at present Industrial and Commercial Bank of China, Sinopec, China Merchants Bank, China Ping An, China Life Insurance, Datong-Qinhuangdao railway, China Unicom, China Minsheng Banking ten heavyweights such as the total purchase was significantly greater than the total selling commission entrusted; Friday morning due to National People's Congress will vote on the new Enterprise Income Tax Law, the market is expected by the probability of large foreign capital broader market of blue-chip corporate income tax combined will constitute a good support tomorrow, included in short-term view of China Ping An shares drove the benchmark index can counterattack worthy of attention. Another market that are deserving of our attention is now still going on two sessions, the possibility of broader market decline will not be too large, on the contrary, this adjustment is very likely the main sources of the A shares to carry out a a large-scale action to clear chips; Thus, in the main trap of deliberately creating a short position, our attitude is better, if the short position's friends also can actively intervene to adjust better to the stock, perhaps in the depth after this adjustment, the broader market is expected to be above 3,000 . Finally, March 16 is the end of two days, in the few days before the end of the broader market plunge will affect if the Chinese government has always emphasized a harmonious society, and a very inconsistent policy management, large main no make this appear, that support the market launch hoped that the resulting behavior.
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