Category: Money Tips Date: 2005-12-25
Source: Guotai Junan
Today, stocks in three main indicators of stock to start the next higher, broader market opened at 1641.93, after early shock upstream, the day a moderate volume amplification, blue-chip afternoon in the broader market, driven by broader market rally continued upside is expected to regain 1700.
Blue-chip tape across the board is expected to start the
Today, low-priced blue chip stocks in the lead, pulled up sharply. G Unit Three indicators of long-electricity, G Baosteel and Sinopec are more active performance of the broader market or will become a focal point blue-chip tape out of the impasse of the main plate.
In fact, yesterday we pointed out that large iron and steel in the international context of mergers and acquisitions in order to improve the international competitiveness of domestic enterprises, the state is also encouraging the integration between industries, a large central enterprises mergers and acquisitions has come. Pre-, G Baosteel on frequently shot through the completion of its acquisition of industrial layout, Sinopec has also purchased a subsidiary of the success of the recent market rumors Sinopec will be re-privatized. All the indications are that China is to speed up industrial integration, strengthen the core of industrial competitiveness. Therefore, on the afternoon of capital markets, mergers and acquisitions among enterprises will be intensified, while the blue chips in large integrated at the same time are faced with greater investment opportunities.
Not only the fundamentals of strength in support of the broad market of blue-chip, from the secondary market point of view, the general trend of the early blue chips weak, adjustments more fully, low-priced blue-chip is a good defensive varieties. The low-cost blue-chip will be the focus of a new fund Jiancang select the object, the new fund and subscription of new shares issued by unfreezing of funds will be needed to find Jiancang object, the situation in the concentration of Jiancang large, low-cost broad market of blue-chip will be the preferred target. Therefore, blue chip companies will only be a matter of time to start the broader market of blue-chip afternoon will likely rise in the broader market benchmark.
Introduction of stock index futures will become the meat and potatoes of the weight
Blue chip's strength is not only reflected in the industry and the characteristics of the secondary market at a lower price. In addition, in the long run, stock index futures will also enable the introduction of competing heavyweights into buying the meat and potatoes of the Fund. After several years of major adjustment in the introduction of index futures to hedge the risks of broader market decline of the voice rising, countries are also trying to speed up the pace of introduction of index futures. The early introduction of warrants is an experiment, as stock options, warrants futures trading has a certain character. After the successful launch of the warrants, as investors gradually on financial derivatives transactions are familiar with the way the state will continue to accelerate the development of index futures, have been identified prior to China's futures will be taken to Shanghai and Shenzhen 300 Index as the subject matter. With the introduction of index futures, can affect the market's heavyweights will be the focus of agencies chasing the mainstream organizations would be if a large number of Kongpan heavyweights have a significant impact on the stock, thus to achieve arbitrage in the futures to obtain large profits. Therefore, the broad market of blue-chip corporate strategy is still afternoon Jiancang species, once the introduction of stock index futures entered a substantive stage, then the lure of huge profits, the broad market of blue-chip will likely be to raise funds grab objects.
Focus on the three plates can be
In the broad market strength at the same time, investors can focus on equipment manufacturing industry and the Tibetan plate. Of the State Council promulgated the "speed up the revitalization of the State Council on Several Opinions of the equipment manufacturing industry", the Ministry of Finance Tax Incentives will also be introduced, following the coastal region of the country to foster, the country will be to foster equipment manufacturing, equipment manufacturing industry represents a country's industrial level, the current China's equipment manufacturing is still relatively backward, at a disadvantage in international competition, foreign mergers and acquisitions there will affect China's industrial safety industry, therefore, grow equipment manufacturing has become a priority, I believe that afternoon a series of policies, all equipment manufacturing will bring to real positive. On the other hand, with the opening of the Qinghai-Tibet railway approaches, we can still be proper attention to the Tibetan plate, coastal development to the coastal-related stocks have soared, then with the opening of the Qinghai-Tibet railway, Tibet will become a regional plate beneficiaries , the opening of the railway will also significantly reduce transport costs, thereby stimulating economic development of Tibet.
Finally a worthy focus of the section is to benefit brokerage plate, with the Bank of China tradable distribution, directional additional increases, the increase in investment banking, as well as reorganization of the company's assets, the overall market and other capital markets, securities companies will bring great guy a huge opportunity for the industry, brokerage firms profit model to broaden profit channels, increase profitability increase. Large, super-giant aircraft carrier's return, but also increase the profitability of securities firms, brokerage stocks to bring an historic opportunity. For example, 600156G Chinese l: brokerage and real estate market today, hot plate. The Unit combines both short-term hot fresh violence. One is the lowest in the two cities concept stock brokerage, securities Xiangcai largest shareholder, invested huge sums of money to hold 227 million shares of 9%. Xiangcai Securities is an innovative leader in one of the brokerages have created a number of industry first, many of them highly anticipated events, such as the Securities and Lyon co-founded China's first joint-venture securities companies after joining the WTO China Euro Securities Corporation. The second property market, the company owns the building is located in Zhuzhou City, Lu Song District, No. 10 Road 90 land-use rights, a total of 39,995.56 square meters (about 60 acres). In the future will make full use of the land, good commercial housing development, sales, making it an important complement to our business to further enhance operational performance. Secondary market, the stock interim results Yuying, 3 per share is expected to strongly sought after access to funds, we recommend investors to focus on.
Taking the above factors, led by blue-chip stocks in the market outlook, the upside 1700 will be possible. However, we can not ignore the short-term negative factors, the United States Friday to raise interest rates, IPO process will speed up the broader market have some impact, and another sharp rise in pre-shares are generally taking requests daily limit has been opened today, many can be seen out the upward pressure, therefore, hot afternoon broader market will likely re-stock on the strength of the pre-switch to low-priced blue chips on the whole tape or a slight adjustment of short-term pressure, but more short-long pattern of air has not changed.
