Category: Money tips Release Date: 2006-02-28
Source: Beijing Daily Messenger Author: Jiao Jing
Hovering at a high level for two weeks in Shanghai and Shenzhen stock markets finally "61" Children's Day on this day smile again show. Hu Zhi yesterday broke through the previous high of 1678.60 points, up to 1684.71 points, 1,700 points, tough fight broke out.
"It's the stock followed the broader market in the hands of a few days 'sedan chair', and my heart also followed perturbed, and now look at the stock market 'great strength' seems to come back, I feel quite happy." Zhang Auntie although could be considered the old shareholders, and but also recognized the market for the better long-term point of view, but it has experienced five years of long-term bear market, in the current relatively high, Zhang aunt operation is still very cautious.
Aunt compared with cautious Zhang, Miss Qin can be said to be fearless. "It will not buy into the stock account on how it is called stocks? Did not adhere to the three days, I hold herself back any." "Impulse buy stocks," the reporter that Miss Qin such operations can represent a lot of new investors are now state of mind .
And stockholders of the phenomenon of disagreement operate the same as the current number of people in the industry short-term market trend also emerged a different view.
Some market participants believe that the current broad based, driven by individual stocks, broader market steadily upward, trading volume has steadily enlarge, Shanghai and Shenzhen Stock daily limit of nearly one hundred companies to make money effects will continue to attract outside funds into the market. Therefore we can say after two weeks of the strong stock shocks then returned to the rising channel, broad market is expected to be adjourned to the afternoon rally, goal is 1750 points, -1.78 thousand point pressure off.
At the same time, other analysts point is that technically the Shanghai and Shenzhen cities of weeks, months lines are clear regulatory requirements. They believe that a record high yesterday, some technical indicators show the phenomenon of a more serious departure from the top, indicating how much space there is no tape. And they worry that speed up the IPO shares, restricted shares and warrants listed on the circulation market funds would be diverted.
So how should grasp the opportunity of the stock market do? Experts suggest that investors now should be light-weight stocks index, for early or too large not blindly chase stocks higher, more attention to a number of low-cost compensatory growth stocks. Because the main positions in the future would be inclined to steady the industry, so electricity, coal, water, highways, ports, iron and steel stocks, pharmaceutical stocks, etc. should be brought to pay attention.
In addition, experts believe that investors "holding a profit" the most important, in the present circumstances, holders of short-term operation of thinking more appropriate.
Fund view:
Qian Qi crash will not be repeated
1700 points the stock market capture just around the corner, but it will not be repeated in April 2004 on the Shanghai Composite Index fell from 1700 points the way of history? î—?î—?Franklin State flexibility in the market value of the fund managers Hai Zhang Xiaodong of this analysis that, compared to highs of two years ago, the current market environment has changed dramatically. "The same is the macro-control, the current control means more moderate and more market-oriented fundamentals also support the stock market up, coupled with the continuous influx of foreign capital, liquidity is maintained, in particular, share the success of reform in 2004 of state-owned shares reduction in stark contrast to the fear. "
Zhang Xiaodong said that investors in stock selection, you can focus on growth stocks, while the flexibility to choose some short-term arbitrage opportunities in the market hot.
The advent of structured bull î—?"share reform this time caused by changes in the market compared to 2004 although the shape, there are substantial differences. Qicheng currently has listed companies completed the share reform, which continued to rise for the broader market provided a firm of the base. "Fortune SGAM Fund for aspiring managers earnings growth Luan Jie, said the market is already in" post-stock reform "era, the structure-based bull market initially set up.
Luan Jie view that, in this case, real estate, finance, consumer brands and services, resources, privatization and foreign mergers and acquisitions, as well as innovative science and technology classes in the market changes, companies may become separate ways funds are most concerned about the plate. These industries are also a listed company is focused on dividend-based industries, dividend investing is expected to lead the future investment trend.
