Category: Money tips Release Date: 2006-03-26
Source: Chong-jun's advice Authors: Li Wenqi
Among the many bad blows, the sharp decline in stock this week, 10,20,30 Japanese lines have collapsed, Zhou K-line revenue out of 118 points of Zhang Yin, turnover 144.5 billion, a dramatic drop last week.
Face more bad news this week: Monday CAMC online purchase, and the freezing of funds more than 200 billion; Tuesday at the Hong Kong media reported the Bank of China successfully listed on Friday it will produce, Industrial and Commercial Bank of China also announced its intention to achieve during the year, "A + H "; Thursday in Europe and South Korea's central bank announced interest rate by 0.25 percentage points, Asian and European markets (except the mainland stock market) as a whole fell; SFC also announced that thorough investigation of illegal money into the market. This series of bad, took a heavy blow to the confidence in the market, investors holding mentality began to falter, have joined the ranks of selling stock index also will be quickly slipped easily puncture 20,30 integer off-day moving average and Qian Liu, Zhou K-line revenue out of this round of the biggest Yinxian Quotes. Early next week, there are three-line subscription of new shares and the Bank of China Securities Regulatory Commission will publish the review listing applications, the market needs further absorb the negative impact of these messages. But we should also see that only the CAMC, frozen more than 200 billion of funds, indicating that funds are available off-the broader market and long-term continuity of existence Quotes solid foundation.
Friday the media will not be published in a most investors pay attention to news: the State Administration of Foreign Exchange announced that from July 1 onwards, no longer requires purchase foreign exchange for overseas investment quotas, domestic investors demand for foreign exchange can be fully met. After the implementation of split share structure reform, China's mainland stock market faces another historic opportunity that is opening up the capital market. The announcement means that China's yuan under the capital account are free to honor a major step forward in, while the globalization of China's mainland stock market has become more close. In China's sustained and rapid economic growth and health of the long-term appreciation of the RMB exchange rate channel into the context of listed companies in China face in the context of globalization revaluation, which will support the broad market and further gains in the medium and long term.
In the short run, stock index closed Wednesday from August 2001 the largest since Yinxian, technical form of deterioration, market sentiment, particularly hard-hit in the short term there is broad market patterns and restoration techniques to restore market sentiment and demand; in many bad cases, Fri stock is not new lows, indicating that short of energy through the vent quickly after there has been weakened, 1238 ~ 1695 points, two thirds of the technical-bit 1543-point support in the vicinity of the broader market to a certain extent; next week to continue broad market rebound requirements.
Stock index fell sharply this week, during the development of Tianjin Binhai concept stocks contrarian full strength, style Jinxian king. The plate can be there is such a strong performance, great relationship with the fundamentals - Recently the State Council has clearly stated, there should be four major initiatives to promote the development and opening up of Tianjin Binhai New Area - another "Pudong New Area," quietly rising. Binhai New Area to accelerate the implementation of large-scale development will make greater contact with the coastal development of the direct benefit of listed companies. G-Bin can be the biggest gain this week, nearly 40%, G TEDA is also up 38% Thursday disk is a 12 daily limit coastal development concept stocks occur, coastal development of the concept of plate new market leading position has been established.
Broad market rebound will be short-term oscillations are expected to operate on the proposed development of coastal stocks continue to focus on the potential of varieties.
