Category: Money tips Release Date: 2007-02-16
Source: Zhejiang, Li Jie
Positive promotion of policy under the broader market Monday to undertake a strong rebound last Friday, Hu Zhi to 3900 points, the most red. Although the failure to recover the early losses, but the Shanghai stock market Liangnengfangtai to 1000 billion yuan, hit a near six-day high. Index in just two trading days rose more than 260 points, and further demonstrate a direct role in promoting good policies, due to excessive short-term up-speed performance, although the two trading days will increase the amount of the market follow-up of funds re-active, short-term there is broad market shocks to adjust requirements. Time-sharing plan from the Monday of view, Hu Zhi, after early shock, unilateral, progressive, and the late but never the highest point down to 3883 points, near the close. Apparently experienced a rebound in retaliation after the index has returned to a sensitive point and the ensuing resistance may be further enhanced, short-term adjustment is inevitable.
News perspective, the State Council, the SASAC, the CSRC has announced a "state-owned shares of listed companies held by shareholders of the transfer of Interim Measures", "state-owned shares of listed companies, the management unit of the transferee Interim Provisions" and "state-owned listed companies, shareholders of Identity Management Interim Measures "three policy documents. State-owned shares of the introduction of new regulation, which aims although the existence of a stable market demand, but management ultimately want, and in the case of reducing the market sell-off to raise A-share market IPO, refinancing rate, strengthen the H-share companies return to A shares market related work. To a large extent, the state-owned shares of new rules and new funds are to be available for sale and other information aimed at the return of red chips and H shares to provide a funding base. Everything points both sides, from the worst-case consideration, the return of red chips and H shares will greatly enhance the supply of capital in the market pressure, prior period adjustments in the process of continuous quantities have been very difficult to prop up the market for super-large capitalization stocks. However, the return of red chips and H shares for the market may well be the cornerstone of usher in a new index in order to cause and effect point of view can clearly imagine that the introduction of stock index futures prior to the implementation of the return of red chips and H shares will have a positive impact on the market. Quality of red chips and H shares to a large extent the market opportunities for new fund to provide Jiancang, thus may provide new investment opportunities.
The short-term, broader market rose 101 points Monday, reaching 3900 points, an immediate callback, index short-term upward pressure is obvious. The corresponding disk in the hot, we can see that coal, automobile, petrochemical, and other front-line blue chips as a whole rose. Two cities with fewer than 50 stocks fell, broad based, the trend has continued for two trading days, it is difficult to imagine that such a comprehensive pattern of the rise can be maintained very long. Thus, with the overall blue-chip rebound in place, will likely be followed by a long adjustment Quotes. Of course, there is also a blue-chip differentiation of the expected trend, similar to last Friday, and Monday's broad based trend will be very difficult to re-achieved within a certain period of time.
Overall, although the coal, automobile and other mainstream varieties have launched a strong performance, Xishan Coal and Electricity intraday daily limit, while the Shanghai Automotive closing is a large single-plate closure in the daily limit. The first of these stocks hit new high, while other blue chips have a certain role in promoting the stimulus. However, too much short-term gains, resulting in the adjustment pressure is also doubled. In the next Quotes, we believe that like coal, automobile and other plates may also be short-lived though strong, but the intraday adjustment is inevitable. In contrast, Monday or less the whole iron and steel stocks, non-ferrous metal stocks may still have significant short-term rebound in space, investors in the current Quote of the operation, should be careful chase can be considered bargain-hunting, Qingcang participate in the market rebound opportunities.
