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Data:2009-12-12 2:34
Source: Guangzhou Bandung Author: Huang Yongyao
The much-anticipated listing of ICBC Friday's meteoric rise to the broad market has not only failed, but disappointingly Gaokaidizou stock index to a close at the overcast, it is very clear that is subject to broad-market index stocks dragged down by. Awkwardness at the same time part of the fund in emerging economies such as Hongdu Aviation lower limit, so the market is naturally worried about the trend of the ICBC listing will clone the Bank of China, and the prices come down there or have a great stage decline. First, from a technical point of view, a sign on K-line adjustment of doctrinal, Zhou K line remained intact upside shape, and thus short-term adjustment is inevitable, but it should also pay attention, the ICBC drag on the broader market next week generated by impact will be different from the Bank of China, because the Bank of China to market targeted at just about 4 yuan, then test a low minimum to 3.22 yuan, a natural deep drag on the broader market, but the ICBC opened today, the more sensible position on the low side and the current 3.28 yuan The closing price of the issue price is just over 5 percentage points of profit margins, and it fell to 3.12 when the issue price, China International Capital Corporation will be possible to use 6.8 billion of funds to support the market, taking into account the value of their investments and with H shares parity, its downside is limited indeed, far less than the Bank of China before. But this does not mean that tape will not be adjusted. First of all, Recently, many, including blue-chip banking stocks such as broader market themes through ICBC or political tasks of a certain rise in ICBC's listing, whether the main or the market will naturally relieved, there is no new targets for profit-taking pressure to so that tape to adjust requirements. And the current fund and QFII's position is also heavier end of the year also made the short-term shortage of funds within a broader market launch Quotes are slim. Therefore, adjustment is inevitable, but the space would not be significant, it is mainly the ICBC and Bank of China from the current issue price closer to the relative block of the market's weakness is likely. Of course, some stocks of the amplitude will be deeper. Also to note is that bull and bear market adjustment of the adjustment is different is that, once the broader market bottoming out, stocks will be more active, but the opportunity to capture this individual stocks more difficult.
One up from a technical analysis of the broader market early next week to adjust the most important is to look at 20 day MA support, if they can still be a strong finishing Shouwen. Since this year is actually a result of the Bank of China and ICBC and other giant landing, the index has lost its real meaning, set up their investment strategies and selecting individual stocks is the most important. Future, "28" phenomenon will be more serious.
Hot spots and individual stocks in the market, signed at the market's adjustment, short-term should avoid large-cap stocks and blue chip, focusing on the theme of re-stock as well as low-cost small-cap stocks because the market by the end of calendar year habit of re-fried. Another point of view from the midline can also be better to focus on the development potential of those low-priced small-cap stocks, which recommended to focus on Tengda Construction (600,512). International investment guru Warren Buffett stock in the selection of the most stress is placed on the development prospects of the industry enterprises, while the Tengda construction is located in the construction industry as a pillar industry of national economy, one known as "sowing the economy" and "10000 annual growth industries, "in recent years to benefit from real estate and infrastructure to enter the rapid development of high-growth phase, subject to the impact of high-growth industries, and with the industry to build casting a continuous limit-S into the stimulus, recently the plate in the Long Yuan building has signs of strength, Tengda construction in the industry precisely because of shared high-speed growth, in just a few years, the current annual output value of up to 5 billion, profitability in the national municipal construction enterprises in the forefront, in the The increase of lag on their plate is a great opportunity. In addition, the Tengda construction, an equity is widely dispersed, with the standard acquisition of the concept of individual stocks, the company's chairman of Friends of Ye-yang as a major shareholder had only 826.98 million shares, compared with only 5.18% stake, in other words, only about 32 million money can be won, the company's largest shareholder position, the honor and the opportunity is extremely rare in the two cities can be described as the largest shareholder wins throne "easy."
Over the years, Shanghai and Shenzhen by the end of the two cities have the habit of re-fried, equity disputes, acquisitions over the years with the anti-takeover is also the history of Chinese and foreign stock market's hottest and most exciting subject, which is a great opportunity for the Unit. And that the company's major shareholder is the company's founder, is the company's managers. Management ownership interests and more to make the management company's development is closely related to the concept of MBO with a standard, in addition, the Unit as well as market stir in Jinbin concept and the concept of the Expo concept and the big orders. Because the company's main business located in Shanghai, Shanghai in the "Eleventh Five-Year" period to speed up facing the international financial center and an international shipping center and promoting the comprehensive reform pilot projects in Pudong, host the World Expo 2010 Shanghai China, the Yangtze River Delta regional development in national planning and other important opportunities. At the same time, one of the company's future strategic focus on the Tianjin, Tianjin, is due to the building of a modern international port city oriented economic center of northern China, with the construction of Binhai New Area, China's highways municipal construction company as a leading enterprise in the use of force would be much land. Therefore, the unit also has a substantial Jinbin concept. Since the Tianjin Binhai New Area was included in states 'Eleventh Five-Year' plan after the policy Jinbin concept stocks are positive expectations, many have achieved more than double the price, so the unit is still in the bottom of the Jinbin should focus on the concept. The company also has a hand-held notion of large orders, due to the concept of holding large orders, international institutional investors most attention and gradually gained recognition of the market, so its future potential should not be ignored even on.
According to the company announcement a few days ago, the company won the bid, "Shanghai Metro Line 10 9 Standard project", the project's contract price of 235.9 million yuan. The company also with the Shanghai Metro Shenkar Line Development Co., Ltd. signed a construction contract, the Shanghai Metro Line No. 11 marked the northern section of a 11.1.2 Elevated subway station, construction of civil works by the company won the bid, the contract price 1.53 billion. Ye Yang, chairman of Friends said, "Eleventh Five-Year Plan" that "to strengthen the basic industries, infrastructure construction", with respect to the main road and municipal engineering construction industry Tengda building is concerned, prospects are encouraging. It is understood that in 2006 the company's business objective is to achieve proposed objectives of the construction output value of 1.35 billion can be expected that the company is still in a steady stage of this year. A rare "shell resources," won the first major shareholders throne "easy" subject matter and honor, combined with the first three quarters it has achieved earnings per share to 0.125 yuan, while only 3 yuan more than the current share price, but also a few hand a 100 million large orders, which for a low-cost small-cap stocks in terms of its institutions is no doubt a great temptation, according to the unit's third-quarter report shows that the new top ten shareholders of circulation into the two organizations, namely the Warburg Trust - the trust fund collections in 2006 No. 5 holds 291.53 million shares held by Fidelity Investments and Beijing in the East 200.00 million shares, which means that currently the largest shareholder in circulation, "Warburg trust" just to increase over 2000 10000 funds can win the first largest shareholder throne, which the company brings a wealth of themes in the future.
