Category: Money tips Release Date: 2007-07-08
Source: Guangzhou Bandung
Abstract: stock index futures close, some of the high valuation of individual stocks, performance and other factors have contributed to slow growth in the main warehouse to speed up the pace of adjustment. Withdrawal of part of the plate ahead of stocks, investors were present to reduce risk, access to a key step in the initiative.
Game Analysis
A) the main and policies of the Game:
1) The competition for the bridgehead of stock index futures: At present, management has announced the details of stock index futures, stock index futures from the listing description is a step closer. Shang Fulin said earlier in accordance with the stock index futures this year or early next year, that is, the latest only three or four months time. Therefore, the main launch of stock index futures ahead of management prior to the layout of the underlying shares of stock index futures, it may obtain the status of a strategic initiative. On the one hand, the underlying shares of the big blue chips, mainly the performance of these stocks steady growth of the low valuation, or smaller; in referring to high at a relatively high case, these configurations are secure varieties; the other hand, big blue chips have a significant leverage, the main force can make use of this feature to tie in with other home loans to borrowers of the Jiancang or shipping so as to achieve something and a half times the power effect.
2) The withdrawal of the main results of internal injury firm determination: The published three quarters of the performance point of view, although apparently still gorgeous, the first three quarters overall net profit rose-odd years, but the single-quarter decline in the phenomenon of chain are obvious. In addition to non-ferrous metals, machinery, etc. plate, the single-season performance suffered from a certain decline, and it became one of the main reasons for the reduction of funds. Another reason is that part of the valuation of stocks is significantly higher. Taking into account the appreciation of the renminbi, the late policy will tend to ease and other factors, the main funding will think that the market an average of 22 times the price-earnings ratio, but the unit has far exceeded the value of individual stocks side this level, as part of the military unit has become the main medium-term reduction of the object.
Today, part of the index stocks fell, but only an illusion, in fact, the main force behind the pressure Jiancang, once Jiancang finished, it will shut down the broader market space, but want to draw attention to the phenomenon of structural differentiation, that is, a smooth background in the index, some There is no increase in valuation and performance advantages of individual stocks may give rise to a larger callback.
B) the main financial Game:
In this year's bull market, the main funds had been completed ahead of schedule tasks, keep the fruits of victory in next year's market information and layout of their current main task. Therefore, the main current of the action, mainly through ICBC's listing to the market and the market is expected to bring a good atmosphere on the ship pulled stocks higher profits, combined with the fourth quarter the company reported adjusted operating conditions appropriate positions, to prepare for next year of the stock market.
3) between the medium and small retail game:
Recommendations can be goal-oriented blue chips or part of the growth stocks, patience to hold.
Disk X-ray: According to the energy to determine bottomed out tomorrow, to close at 1770 in the vicinity.
The opportunity to plate is expected to: Tomorrow is expected to target stocks to perform well.
Market Risk point: from junk and some of the valuation of shares and the high, short-term or excessive stocks.
Protective measures: to recommend appropriate control positions.
