Category: Money tips Release Date: 2007-05-24
Source: Ling Xue-wen Guangzhou Bandung
By the plate and the stocks were mixed impact of the Shenzhen and Shanghai broader market Wednesday basic trend of extending the previous session continued the pattern of finishing high shock, but the overall strength of operating characteristic is still evident, especially the Shanghai Composite Index once again set a new high of 3769.25 points, Quotes, and hit a record closing high of record. After the short-term retaliatory upside, the short-term profit-taking pressure and holiday effects, etc. factors make the market digested the existence finishing requirements. From the positive point of view, the investment in the high enthusiasm and with the influx of new funds under the impetus of high short-term shock is what led the formation of new hot spot brewing process. In the broad market into the capital-driven bull phase, the overall market valuation does not have a significant advantage of the situation, the financial sector, and other indicators of stock and other weight-core assets will once again be the mainstream in favor of capital and additional funds, investors should continue to be closely concern. The rising trend in the index under the specific choice of investments and operation of the target should return the value. And substantial merger and reorganization and asset injection is undoubtedly the performance of the stock of listed companies to achieve growth in an important way by leaps and bounds, the relevant investment opportunities worthy of further exploration.
[Today's market conditions]
In the financial sector as a whole stronger, driven by broader market Wednesday Shenzhen and Shanghai continue to maintain high order pattern of a strong shock, both small Yangxian reported income, with about 262.998 billion; of which the Shanghai Composite Index once again a new high of 3769.25 points Refresh Quotes, the overall trend clearly stronger than Shenzhen. Index runs from the day the trend point of view, early on the Shanghai Composite index was 3708.57 points, after Mogao opened and a slight trend of differentiation of individual stocks dragged down under the shock once, five days moving average intraday low of 3653.99 points in the vicinity, after the financial weight plate and some indicators of stock under the impetus of an active shock rise, eventually to close at 3769.25 points, to close out the long lower shadow with little Yang Xian. Shen Chengzhi adjustments in the majority of individual stocks, dragged down by the trend of the basic maintenance of high order, 5-day moving average of the index of the formation of the markets.
From the disk situation, stocks continued to divide the trend, from the Change Number of proportion of the Shenzhen market, the ratio of 221:386 Number Change, Change Number of the Shanghai market ratio of 334:508. Or table, the Jiangsu Sunshine, Shanghai Xin-mei, Huaxia Bank, Yingkou Port, a new and into the other 28 non-ST stocks daily limit. Specifically, the merger and reorganization of assets into the theme of the market share continues to be an active interest in, such as the Yingkou Port, Huayuan Development, Shanghai Xin-mei, Hua Xin, Xinhua media, Aerosun so. Second, pharmaceutical stocks have a good plate performance, such as Xin Fu medicine, the Department of Medicine, daan genes, the new medicine and so on. Deserves attention is that the overall strength of the financial sector, such as Huaxia Bank, China Minsheng Bank, Bank of China, Industrial and Commercial Bank of China, China Life Insurance and so on. Another part of the weight indicator stocks such as China Yangtze Power, China Unicom, also perform well.
Wednesday, the Shanghai Composite Index opened to 3708.57 points, up 3769.25 points, the lowest 3653.99 points to close at 3743.96 points, up 23.43 points, or 0.63%, turnover of 176.718 billion; Shen Chengzhi opened 10,624.53 points, the highest 10,745.51 points, the lowest 10,456.36 points, close of 10,668.27 points, down 0.77 points, or 0.01%, turnover of 86.28 billion.
[Today In news]
Wednesday mainly in the following several news worthy of investor attention:
1, China Insurance Regulatory Commission Chairman Wu Dingfu, disclosed yesterday that China Post Group established insurance companies have submitted their application. The people concerned analysis, China Post Group, if established insurance companies, will work with postal savings banks, in the rural market advantage, and to learn from Japan's micro-insurance model.
2, SSE, today issued a bulletin on the the "trading rules" involved in some of the price restrictions on the terms of the magnitude of change of the IPO on the first day so no prices have gone up a collection of restricted stock decline in the price bid to declare the limits, from the issue price (or pre-closing price) 50% ~ 200% relaxation of the issue price (or pre-closing price) 50% ~ 900%.
3, the CSRC issued the Audit Committee April 28 will be held 47th, 48th Working Conference, namely, three-bedroom, Jiangsu review of additional applications Lane Industrial Co., Ltd., Shenzhen Sunlord Electronics Co., Ltd and Jiangsu Jiangyin Port of Hong Kong Group Co., Ltd. started the application.
4, investors trading settlement funds will be the full implementation of third-party depository, by the end of August is the deadline set by regulatory agencies. Accounts nowadays is promoting clean-up, that is, the securities industry, the completion of third-party depository, one of the important basic work. Management of the securities market in 2001 accounts the situation thoroughly. In the more than 3600 million accounts ,800-9 million accounts have real ownership of the funds corresponding to the relationship. Today, the Shanghai and Shenzhen cities of more than 90 million total accounts, of which there should be a lot of water. Regulatory departments of the estimate, "If the right half-operator, there may be irregularities in the account more than 4000 million."
5, according to CAAC statistics, a quarter of the whole civil aviation industry achieved a total turnover of 7.92 billion ton-km transport, an increase of 19.5%, including international routes, higher than domestic routes, Hong Kong and Macao routes passenger traffic showed slow growth.
6, "In addition to expanding the scale of things, the competitiveness of China's domestic banks are increasing over the past five years, exceeded the performance of the West Bank, in order to bring a substantial return on investment." Boston consulting firm yesterday released a "global prosperity the banking sector "so that. In numerous banks, China Merchants Bank and Minsheng Bank over the past few years, the highest total return to shareholders.
[Afternoon Brief]
By the plate and the stocks were mixed impact of the Shenzhen and Shanghai broader market Wednesday basic trend of extending the previous session continued the pattern of finishing high shock, but the overall strength of operating characteristic is still evident, especially the Shanghai Composite Index once again set a new high of 3769.25 points, Quotes, and hit a record closing high of record. I believe that, after a short-term retaliatory upside, the short-term profit-taking pressure and holiday effects, etc. factors make the market digested the existence finishing requirements. From the positive point of view, the investment in the high enthusiasm and with the influx of new funds under the impetus of high short-term swings are leading the formation of new hot spot brewing process. If the hot successful switch, then the stock market outlook is still further upside potential.
Despite the apparent trend Wednesday disk differentiation of individual stocks, but the capital flows are once again present the new features. Particular interest to investors concerned about the financial sector's overall strength and some weight blue-chip index stock market activity will undoubtedly become the biggest bright spot Wednesday. The author in the previous session's focus on the analysis of market conditions mentioned index continues to rise with the recent formation of the more contrast, including the weight of the financial sector, and other indicators of core assets, including stocks although the overall trend is relatively stable, but subject to such bodies in recent phase of the fund passive lighten up and other factors affect the overall performance significantly behind the broader market. In essence, if the Boyi from the market point of view, as the market-core assets and the development of an important weathervane Quotes of the financial sector, as well as indicators of stock weight groups, the next 300 index futures and the formal implementation of margin trading to a large extent, will continue to enhance its mobility; the same time, from the asset allocation point of view, strong liquidity, performance, solid growth in the weight of the core of blue-chip group of mainstream institutions still must be configured varieties.
Especially in the broader market into the capital-driven bull phase, the overall market valuation does not have a significant advantage of the situation, the financial sector, and other indicators of stock and other weight-core assets will once again be the mainstream in favor of capital and additional funds, investors should be continue to pay close attention. Noted that the Boston Consulting Group recently published "thriving global banking," says that apart from expanding the scale of things, the competitiveness of China's domestic banks are increasingly improved performance over the past five years, exceeded the West Bank, for investors with a came off handsomely. I have been stressing, after policy restructuring, asset stripping, corporate governance reform and the introduction of strategic investors, domestic banks in the system architecture has been initially equipped with modern hardware core commercial banks, the industry is beyond the critical period of development. Moreover, the "Enterprise Income Tax Law" in the merger of domestic and foreign income taxes are also a significant positive for the banking industry.
In addition to these core assets, with merger and reorganization of assets into the overall theme of species listed on the market continue to be sought after. The author believes that the rising trend in the index under the specific choice of investments and operation of the target should return the value. And substantial merger and reorganization and asset injection is undoubtedly the performance of the stock of listed companies to achieve growth in an important way by leaps and bounds, the relevant investment opportunities worthy of further exploration.
