Category: Money Tips Date: 2006-09-19
Source: Beijing in the first place
While the broader market Tuesday appeared heavy volume shot up significantly after the fall trends, once this wave of investors rally can continue to cast a shadow over again, but the broader market Wednesday Xianyihouyang cities, bottom Qi Wen movements of not only the recent rebound in the process of short-term profit in a certain set of digestion, but also for higher index of re-laying of the postscript. Although gains point of view, the two cities do not have outstanding performance index, but the overall strength characteristics of the market is re-appear, highlighted in real estate as a representative of a group with a strong rise in full plate. Disk from the Wednesday to see, real estate, the Beijing Olympics and asset-based merger and reorganization into three sections overall rise signs began to appear, we believe that, in terms of short-term or the midline point of view, these plates are expected to become a way of funds chasing the focus of attention should be midline.
1, against the big box around the 1500-1700 region in order to continue for a long time, long-short market power to maintain more or less balanced pattern of the third quarter is difficult to break easily.
From the Fund and other organizations recently released mid-year report situation, three-quarter the market has been the vast majority of the pattern of phase adjustments that are recognized by, the differences are mainly concentrated in a specific point and on, but the overall range of roughly 1500-1700 area. If you take into account the operating characteristics of the market's recent interest rate increase and other negative factors, the Shanghai Composite lower support in fact, already raised to 1550 points, while the broader market in which the region now seem to have space for up and down, but because the resistance index from 1,700 points on the profile contrast, therefore expect to continue to substantially ascribed stock does not seem realistic.
However, from a technical trends and market activity this week situation, the broader market in general seems to have once again revealed a strong feature. What is specifically manifested in two aspects: First, the technical aspects, the Shanghai Composite 5,10,20 average benefit not only by the half-line support, but the whole Guaitou upward trend has emerged; while the index for 3 consecutive days of gains in the medium term moving average (50 days) the top, has initially verified the validity of a breakthrough, in addition to the weak performance of pre-Shen Chengzhi has been the most successful stand in recent days has also been 50,100 days and so on the top of the medium-term moving average. Clearly, the broad market technical reaction to the market's strength has become more powerful; the other hand, from the hotspots and the nature of funding, recent hot market, significantly active in the past week, but whether the fund Shigekura species of blue-chip or in the concept of hot money-oriented topics shares, all performed well. From the colored, and war to the times and new technology, a way funds are there signs of re-active.
It is noteworthy that, due to macro-control, capacity expansion and other fundamental factors have not been fundamental changes in the broader market in order to reverse the current order situation was not realistic to structural adjustment-based box is still difficult in the end to break the pattern, but because Recent QFII barriers to entry lower margin trading to be implemented in a favorable factors such as the role of market confidence has once again been picked up, while those with substantial positive support for the local hot spots is expected to balance the city stages the continued pursuit of the market.
2, to real estate, the Beijing Olympics and asset-based merger and reorganization into three sections represented by the structural opportunities for recent market is expected to become the focus of attention should be midline.
Disk from the Wednesday to see, in addition to individual stocks, the market is almost entirely concentrated in the mainstream hot plate in the above-mentioned three. Among them, bear the brunt of real estate plate to Poly Real Estate, G Wanke, G the grain to the property as represented by plate full rose again, but quite a lot of individual stocks and even hit a new high of the current round Quotes. While the real estate section is the focus of macroeconomic regulation and control, but because the majority of the medium-term performance of individual stocks surge and the overall valuation of the low side, had always been concerned about the middle of funds, and ultimately break it does not unexpected, especially in the appreciation of the renminbi is expected to accelerate the favorable background, the middle is still the potential to continue higher, so for that section, long-term investors can always keep attention.
Secondly, G CITS, G Bridge, and G, represented by Beijing in Beijing urban and rural sections is another major highlight of the market Wednesday. In fact, yesterday, to G the same side, G Xidan Beijing as the representatives of the plate has had an outstanding performance, but Wednesday is amply demonstrated the continued strength of the plate with the center line upside potential. Beijing blocks apart geographical advantage, the Olympic theme is still the core driving force. From other countries experiences of hosting the Olympic Games, thus driving the growth is staggering. According to the Beijing government departments predicted five-year period 2004-2008, total retail sales of social consumer goods to Beijing reached 13,000 yuan, the market delta close to 3,000 billion, of which the formation of hosting the Olympic Games on the market increments up to 1000 billion yuan, may relate to the specific infrastructure, tourism, hotel and other retail consumption, as well as the appreciation of all aspects of real estate are real benefits, rather than the concept of the past, the kind of speculation. From the recent session of view, as long as the plate and the above-related stocks have been concerned about the middle of funds is expected to have strong market outlook still is expected to continue.
Another concern Wednesday disk plate is from M & A, asset injection and other groups. G Shenshen Fang, G Bohai Sea, G in the base, ST card and many other assets into the merger and reorganization is characterized by large stocks start. Cause this phenomenon is not purely accidental, and hot money speculation. Looking at the situation from which released last week, a considerable number of companies to enhance the performance of assets came from the new injection, and this situation is expected to change as the stock system, such as continuous improvement in the future market development has been further as the full. In fact, it is based on the above, almost eight more bodies into a merger and reorganization will be assets such as plate into the second half of the market opportunity as one of the key investment in three main themes. Therefore, we have every reason to believe that in order to merger and reorganization of assets into value-driven discovery is expected to become a way of funds and long-term pursuit of objectives, strong central line-related stocks should be inevitable.
The above, although the broader market will continue to maintain the recent box oscillation patterns, long-short balance difficult to break, but the real estate board, the concept of Beijing Olympic Games, as well as merger and reorganization, asset injection and other structured opportunities for funding are still expected to continue to be favored, it is worth attention midline.
