Category: Money tips Release Date: 2006-12-08
Source: Ling Xue-wen Guangzhou Bandung
Abstract: Relying on five days moving average technical support, Monday's Shanghai Composite Index continued to climb slightly and further close to 3000 points, an integer mark, to close at 2954.91 points, once again close out the small Yang Xian. At this point, Hu Zhi has formed a "five-Lian-yang" pattern of attacks, short-term to the 3,000-point mark integer seems ripe for attack and explosive. "Eleventh Five-Year Plan" emphasized the need to enhance the capability of independent innovation as a national strategy to develop the core group of leading industry in the emerging competitive, Premier Wen Jiabao at the Fifth Session of the Tenth National People's Congress once again stressed the need to focus on building an innovative nation earnestly implement the national long-term scientific and technological development plans outline the objectives and tasks. The context of national development strategies, including the financial industry, equipment manufacturing, information industry, biomedicine, aerospace and defense industries, energy and alternative energy, energy-saving environmental protection and new materials will have tremendous opportunities for development.
Today's market conditions
Monday continuation of the recent trend of Shenzhen and Shanghai tape continue to run strong pattern of total turnover of the day around 134.06 billion. The Shanghai Composite index which basically relies on five days moving average continues to push slightly further approaching 3000 points, an integer mark, once again received a small Yang Xian. As of today, the Shanghai Composite Index on K-line has not even received five-yang, forming a steady rising pattern, do not rule out short-term trading volume in the hot spots and in close collaboration with another attack on the 3000-point mark may be an integer. Shen Chengzhi basic trend continued last Friday, showed the trend bottomed out, and to take longer under the shadow line of Yin doji.
From the disk situation, there are different cities of the magnitude of the majority of stocks rose, including the Shanghai market ratio of 642:199 Number Change, Change Number of Shenzhen market, the ratio of 482:146, limit-significantly increased the number of individual stocks. According to rough statistics, Xinxiang Chemical Fiber, Fosugufen, Hechi chemical, Wanjie Hi-Tech, Eastern Group, China Railway Second Board, Gehua other 54 non-ST stocks to daily limit at close. A specific term, subject to the downward effect of oil prices, plastic chemicals, chemical fiber and other downstream industries stocks overall performance, such as the daily limit of Jilin Chemical Fiber, Dandong Chemical Fiber, Fosugufen, Xinxiang Chemical Fiber and so on. Digital television, media networks and other technology stocks have significantly stronger themes, such as Gehua, Chang'an Information, Yan network video, Siu-dimensional technology, the number of source technology, the Oriental Pearl Tower. Clean energy, energy-saving environmental protection, new energy topics solar stocks such as Leno, Hunan Electric shares, Chen Xinhua, Luan ring energy, Anhui BBCA Biochemical Co., Grand China Principal. Asset restructuring, asset injection with the overall theme of stocks listed on the market continue to be sought after, such as Johnson & Johnson holding, Xian-Cheng Industrial Co., and so on. In addition, some corporate finance and equity finance stocks are strong, such as Bank of China, Industrial and Commercial Bank of China, Oriental Group, EMC trust, Fosun medicine, Xiamen International Trade and so on. Drop table, the non-ferrous metals, automobiles, and some military aircraft on international topics such as the West Unit, Changan Automobile, Jean-nickel industry on the forefront among the fall.
Monday, the Shanghai Composite Index opened to 2945.92, the highest point of 2958.63, the lowest 2904.74 points to close at 2954.91 points, up 17.00 points, or 0.58%, turnover of 86.511 billion; Shen Chengzhi opened 8137.04 points, up 8156.04 points, the lowest 7940.86 points to close at 8130.75 points, down 15.69 points, or 0.19% on turnover of 47.551 billion.
In news today
Monday mainly in the following several news worthy of investor attention:
1, the National People's Congress Chairman Wu Bangguo yesterday at the Fifth Session of the Tenth National People's Congress NPC Standing Committee work report, said that anti-monopoly law, state-owned assets law and other laws, plans scheduled for consideration this year. Wu also said that this year to supervise the work of supporting the formulation of laws and regulations, we must strengthen supervision of budgetary and economic work.
2, tentatively named "The link's" state foreign exchange investment management company will be established during the year. According to informed sources, the formation of the company's main person responsible for the former Deputy Minister of Finance, Lou Jiwei, current deputy secretary general of the State Council; the first to be issued the equivalent of 200 billion -2500 billion yuan bonds; the first investment object is of similar CNOOC and other energy companies in the strategic investment.
3, Deputy General Manager of China Financial Futures Exchange Zheng Hu, recently said that the King had hoped to prepare the various agencies step up and actively prepare for and do the basic introduction of stock index futures, we should cultivate skilled business service employees in place; to strengthen customer's financial futures risk education; good trading systems and technical preparation; familiar with futures trading laws and regulations, understand business rules, improve risk control level. For the introduction of stock index futures and the smooth operation of sound and lay a good foundation.
4, Agricultural Bank of China Yang Mingsheng, said yesterday that the reform of the Ministry of Finance in the Agricultural Bank of China will play an injection of the role. He also revealed that, the bank's external audit is expected to come out this year.
5, the central bank open market operations last week, there have been a series of "unexpected", which last Friday directed the central three-year distribution of votes is expected to raise interest rates make the market heating up again. But through a concrete analysis of the history and the central voting issue of orientation, analysts believe that the operation is still mainly directed against excess liquidity, and increases in interest rates without necessarily related.
6, National Defense Science, Technology recently released in China "" Eleventh Five-Year "Space Science Development Plan", first announced the development of a blueprint for China's future space science. These include, China will further develop manned spaceflight, lunar exploration project, space hard X-ray Modulation Telescope and recoverable science experimental satellite and other four major space project.
Comment on market outlook
Relying on five days moving average technical support, Monday's Shanghai Composite Index continued to climb slightly and further close to 3000 points, an integer mark, to close at 2954.91 points, once again close out the small Yang Xian. At this point, Hu Zhi has formed a "five-Lian-yang" pattern of attacks, short-term to the 3,000-point mark integer seems ripe for attack and explosive. Shape from a technical point of view, in hot wheeled, driven by the recent Shanghai Composite index is basically relying on average 5 days out of the running pattern of a small climb, in addition to 10-day moving average level of operation, the various short and medium term moving average 5, 20, , 30 and 60-day moving average have maintained upward trend, note 2? 27 crash Quotes panic occurred, and did not change the market trend in the overall operation.
Investors should be concerned about the Monday morning of the People's Bank of China Governor Zhou Xiaochuan on monetary policy in response to a reporter's question that "took place shortly before the stock market for price volatility, I look at the outside world, whether it is the media, or in economics Jia Ye Hao, market candidates to ask somebody, there are lot of comments. I personally feel that this is not the macro-level problem, it should not cause a significant change in trend. "As global economic integration, progress, stock market volatility between closely related, it also shows that China's market also need to accelerate development, we should further enhance the proportion of direct financing, capital markets further and build better, faster and more international. I have repeatedly mentioned that if the state's economic development strategy and the financial system of the large background, formed by China's securities market in recent years, the better the long-term trend is still good, especially the support of A-share market a number of fundamental factors that including macroeconomic sustained and rapid development, upgrading of performance of listed companies, the RMB appreciation trends and the situation of excess liquidity is not a fundamental reversal in sight.
From Monday's disk performance, part of the corporate finance and equity finance-related stocks were in hot pursuit of the market, especially the Bank of China, Industrial and Commercial Bank of indicators such as the weight of the solid performance for the stock market confidence, stabilize and stimulate the market to play an active role in popular . Careful investors can be found in these two indicators of unit weight of active stimulation, mainstream funds, creating a wave of equity value of the excavation, Eastern Group, Xiamen International Trade, Ningxia Hengli, CUHK shares, EMC trust, Fosun Pharmaceutical such a jolt. I had also mentioned that, in the context of financial reform, many commercial banks are actively seeking a listing, thus bringing the relevant equity shares of listed companies, value-added opportunities for the revaluation of assets is bound by the mainstream institutions of all ages.
In addition, the benefit from the consumer to upgrade and the Olympic economy will bring digital TV, 3G industry, and other topics, as well as shares in line with national industrial policy-oriented clean energy, energy-saving environmental protection, new energy sources has also been subject shares in hot pursuit of the market. "Eleventh Five-Year Plan" emphasized the need to enhance the capability of independent innovation as a national strategy to develop the core group of leading industry in the emerging competitive, Premier Wen Jiabao at the Fifth Session of the Tenth National People's Congress once again stressed the need to focus on building an innovative nation earnestly implement the national long-term scientific and technological development plans outline the objectives and tasks. The context of national development strategies, including the financial industry, equipment manufacturing, information industry, biomedicine, aerospace and defense industries, energy and alternative energy, energy-saving environmental protection and new materials will have tremendous opportunities for development.
