Category: Money tips Release Date: 2005-12-30
Source: Ling Xue-wen Guangzhou Bandung
Synopsis: After nearly two weeks after finishing the sideways shock, a series of bullish stocks in Shanghai and Shenzhen this week, spurred by the trend of breaking up the final choice, especially in the financial and real estate section Friday, driven by the overall strength of the recently launched relatively rare unilateral heavy volume upside market, breaking the nearly phase of a relatively dull market atmosphere; which the success of the Shanghai Composite Index broke through the 60-day moving average technical resistance at 4,000 points, and recovered an integer of this important psychological barrier for the afternoon to further up the challenges laid the foundation for pre-high resistance. From the weekly K-line point of view, this week, both the Shanghai and Shenzhen stock index closed a "hammer-type" Yang K-line, combined with Friday's turnover of the rapid amplification of view, the market outlook is expected to further increase the potential for still broader market. From the hot performance, benefit from the appreciation of the RMB plate including real estate, finance, aviation and other strength is undoubtedly one of the biggest bright spot of the active plate has its deep industry background. It is worth recalling that the introduction of stock index futures process will significantly alter the operation of the current market structure.
Today's market conditions
Strength in the financial and real estate section as a whole, driven by Shanghai and Shenzhen broader market Friday launched a rare recent unilateral heavy volume upside market, where benchmark Shanghai Composite Index has broken through the 60-day moving average and the recovery of 4,000 points to suppress an integer mark, the two cities both indexes, a shaved head barefoot Long Yang Xian reported income, turnover rapidly enlarge to 161.185 billion. Index runs from the day the trend point of view, early in the Shanghai Composite Index opened 3918.41 points, after the yuan appreciation of the benefit from the plates, including real estate, finance, etc., as well as the overall weighted index stocks, driven by strong shocks all the way up, in a breakthrough after the 60-day moving average resistance , the market to do more to further enhance confidence, midday stock indexes continued to rise and, ultimately, close to all-day high of 4058.85 points. Shen Chengzhi corresponding upward trend showed unilateral, heavy volume upside long Yangxian basic declaration of the recent consolidation pattern has been broken, and in the absence of bad news under the influence is expected to challenge the early afternoon high is expected to further upward pressure.
From the disk situation, stocks showed a typical broad based situation, the two cities just 19 stocks fell. Or table, the daily limit the number of individual stocks increased significantly, Mut Wah shares, Yashengjituan, dragons electrical, Tai Lung real estate, 10000 good 10000, Yan Long holding, Xu Fei investment and non-ST Yue Hongyuan other 44 stocks in order to limit - at close. From the hot performance, real estate, financial sector performance is very eye-catching, such as the real estate section of the Vanke A, S Shen Baoan A, S property A, Greenview real estate, Shenshen Fang, Tai Lung real estate, housing development, a strong limit-days ; financial sector, China Life, ICBC, Minsheng Bank, Shanghai Pudong Development Bank, CITIC Bank, Industrial Bank and other active. Financial and real estate index of the side by side to promote increases in strength as the backbone. In addition to financial and real estate sections, the equity brokerage, Expo concept, Chongqing, plates, water, commercial department, as well as the concept of the Olympic Games, also have good performance. Overall, market sentiment is very active, the opportunity to significantly increase individual stocks.
Friday, the Shanghai Composite Index opened to 3918.41 points, up 4062.12 points, the lowest 3918.41 points to close at 4058.85 points, up 145.91 points, or 3.73%, turnover of 106.475 billion; Shen Chengzhi opened 12,786.61 points, the highest 13,420.04 points, the lowest point of 12,775.15 to close 13,417.96 points, up 627.02 points, or 4.90% on turnover of 54.71 billion.
In news today
Fri main investors to focus on the following information:
1,19 Day 56 of the 347 Fund, fund companies to disclose quarterly two completed in 2007. Statistics show that the second quarter, the direction of open-end equity funds slightly lighten up, closed-end funds are significantly Masukura, finance, real estate stocks continued to overweight by the Fund. The second quarter, net income totaled 220.495 billion yuan fund.
2, 19, National Bureau of Statistics released the preliminary GDP accounting for half the value of 10.6768 trillion yuan, up 11.5%, compared with a year earlier, accelerating 0.5 percentage points. Among them, 11.9% growth in the second quarter, quarterly growth rate since the first quarter of 1995, hit 12-year high. Statistics show that in the first half, the consumer price index (CPI) rose 3.2%; the level of industrial prices (PPI) rose 2.8%. Among them, June CPI rose 4.4%, the highest 33-month high; PPI rose 2.5%.
3, as of July 18, the two cities a total of 678 listed companies issued a notice of interim results. Notice of the company's performance based on an estimate, excluding 12 newly listed companies, 666 companies are expected by mid-2007 net profit will reach 138.727 billion yuan, compared with the same period last year representing an increase of 77.46%.
4, China Financial Futures Exchange, Zhang Xiaogang, director of research and development in the "2007 Shanghai Finance Forum", said time to market for stock index futures will be announced in advance. However, he did not specify the interval between the announcement ahead of time how long, saying only that this time, listing the message can be fully digested in the market.
Comment on market outlook
After nearly two weeks after finishing the sideways shock, a series of bullish stocks in Shanghai and Shenzhen this week, spurred by the trend of breaking up the final choice, especially in the financial and real estate section Friday, driven by the overall strength of the recent launch rare unilateral Quotes upside heavy volume, breaking nearly a relatively dull period of market atmosphere; in which the success of the Shanghai Composite Index broke through the 60-day moving average technical resistance at 4,000 points, and recovered an integer of this important psychological barrier for the afternoon challenge of further upward laid the foundation for pre-high resistance. From the weekly K-line point of view, this week, both the Shanghai and Shenzhen stock index closed a "hammer-type" Yang K-line, combined with Friday's turnover of the rapid amplification of view, the market outlook is expected to further increase the potential for still broader market.
In fact, from the tape medium to long term trend, as of now, the Shenzhen and Shanghai market's overall upward trend has not changed, even in the stamp duty increase caused by 5? 30 crash and subsequent rebound fell Quotes Quotes, although the index appears volatility, but the benchmark Shanghai Composite Index are in the vicinity of 20-week moving average to obtain strong support, Shen Chengzhi is near the 10-week moving average to obtain support. Also from a fundamental point of view, A-share market continues to improve as a solid fundamental support, noted this week, National Bureau of Statistics released the first half of GDP growth of 11.5%, of which 11.9% growth in the second quarter of this year, quarterly growth rate of record in 1995, a 12-year high since the fourth quarter, GDP showed the rapid growth of China's economic growth is very strong. Secondly, from the listed companies, mid-year report on performance point of view, the two cities so far a total of nearly 700 listed companies issued a notice of interim results, notice of the company's performance based on estimates, the company's net profit is expected by mid-2007, compared with the same period last year an increase of 77% or so, in order to stock up and laid a solid foundation. I have always stressed that the performance increase is the fundamental driving force of rising stock prices, the performance of listed companies, mid-year report substantial growth and further enhance the confidence of the market to do more, as well as the trend of the market outlook optimistic expectations.
In the meantime, this week, and further restoration of a series of bullish sentiment. First of all, we understand that the CIRC A direct investment of insurance funds has been increased from 5% share to 10%, in theory, to some extent increased the supply of capital in the market to ease the IPO as a result of capital-intensive release tension. Second, the NPC Financial and Economic Committee earlier this week at the 91st plenary meeting that guide the healthy development of capital markets, the task is arduous, to be stable and moderately tight monetary policy, we should further promote the capital market system construction to prevent the stock market large fluctuations. The management of these statements are still the care stock market continued its consistent stance, to stabilize market confidence and alleviate the panic early to play an active role. Third, the yuan continued to record high this week, also significantly stimulated the market's revaluation enthusiasm.
From the hot performance, benefit from the appreciation of the RMB plate including real estate, finance, aviation and other strength is undoubtedly one of the biggest bright spot. Repeatedly mentioned in a recent article, finance, real estate and aviation plate has its deep industry active in the background. RMB appreciation as the promotion of the current round of a major bull-market power, appreciation of the renminbi is still the most important investment themes. From the second quarter, the Fund's transfer positions the direction of view, the financial and real estate agencies have also been continuing overweight also re-confirmed this logic. For the real estate section is concerned, China's heavy industrialization and urbanization, the pace of further progress in raising the level of people's income will be to promote the development of China's real estate industry, RMB appreciation and the new accounting standards such as real estate stocks may also constitute a positive impact.
The development environment facing the banking sector continued to improve, "Eleventh Five-Year" plan set is conducive to stable economic growth target for the consumer to upgrade the bank to develop non-interest income, to achieve business transformation, the implementation of the next two tax merger will also greatly reduce bank the actual tax burden. For the aviation section, the recent expansion of Sino-US air transport agreement was signed, there is help domestic airlines to expand its international shipping business; from fundamental point of view, airlines in the ultra-expected demand growth and the yuan appreciation the profit growth cycle is expected to strong macro-economic growth, raise income and consumption, upgrades, factors such as rapid growth in foreign trade will continue to promote the aviation market, passenger and freight demand remained strong. From the airlines that have announced interim results point of view, in the first half of this year by the aviation kerosene prices, appreciation of the yuan and other effects of the external business environment, the relevant airline's operating performance appears significantly. Therefore, the main line from the revaluation of investment point of view, mining-related opportunities is still a major focus.
Worth once again reminded that the China Securities Regulatory Commission this week issued the first batch of two financial futures brokerage business "license", indicating that stock index futures are Approaching. The introduction of stock index futures process will significantly alter the operation of the current market structure. As with index futures arbitrage, hedging, price discovery and risk hedging functions, so the future launch of the Shanghai and Shenzhen 300 Index futures will be enhanced to some extent, the sample stocks in Shanghai and Shenzhen 300 index of mobility.
