Category: Money tips Release Date: 2006-03-13
Source: Ling Xue-wen Guangzhou Bandung
Following the previous day's stock rose sharply higher open and strong after the Shanghai and Shenzhen broader market Tuesday the basic trend of extending the previous session's strong run to continue to slightly higher volatility, in which Shen Chengzhi refresh again a new high of 14,342.91 points of the stock market, the Shanghai Composite Index has shot up intraday to 4280.85 points, and further approximation pre-peak. Observed market performance can be found, despite the previous session's broad based, the stocks trend a certain degree of differentiation, but the Stock Quotes still very active; Clearly, the pressure at the early stage high technology as well as gapped gap is not closing out Monday under the premise of relatively high investment in market sentiment that the current state of mind is more stable stock market outlook also means that there is still further upside potential. Worthy of further emphasized that, with the index rising, and raising the level of valuation, the real investment value of the species will have become increasingly scarce. Therefore, the opportunity during the afternoon digging must carefully study the company's fundamentals, on the one hand from the perspective of endogenous growth for high-growth varieties; the other hand, epitaxial growth from the point of view, continue to tap the asset restructuring, asset injection and the Overall listing of investment opportunities.
[Today's market conditions]
Strength to undertake the previous day, Tuesday maintained a strong running Shanghai and Shenzhen broader market trend, the two cities are in stock to close at Yang Xian; of these re-Shen Chengzhi Refresh Quotes 14,342.91 points, a new high, the Shanghai Composite Index approaching previous highs further resistance, the two cities together turnover of about 285.885 billion. Index runs from the day the trend point of view, early in the Shanghai Composite Index opened 4247.75 points, after the basic focus on finishing the previous day's closing point and shocks in the morning before closing non-ferrous metals, steel and other hot spots callback once, dragged down by falling fast, but the As the afternoon, shares of banks, brokerage firms, the central theme of enterprise integration of active stocks, broader market to re-stabilize and maintain the pattern of strong shocks. Shen Chengzhi trend was stronger in the Shanghai stock market to continue to maintain the shock upside trend.
From the disk situation, stocks trend a certain degree of differentiation, including the Shenzhen market, the ratio of 423:207 Number Change, Change Number of the Shanghai market ratio of 555:305. Or table, the Stock Quotes to keep active, the two cities a total of 74 daily limit of non-ST stocks, including the Jinjian rice, up to shares in the clouds all shares, the North entrepreneurship, Shanghai Pharmaceutical, Yintai shares, the new continents, HEDY Holding, and the earth foundations. Specifically, the affected businesses and Nanjing, Ningbo, firms will be this week's news, five had a number of equity shares of commercial banks or brokerages, trusts and other listed companies, sought after by the market's positive, such as Shanshangufen, Chongqing Road & Bridge, Intime Share West Marine shares, the earth-based, Nanjing Hi-tech and so on. In addition, asset reorganization, listing assets into the overall theme of varieties continue to perform well, such as the Sea-sheng, Chinese and Western medicine, Lingyun stake in Sichuan Changhong, China Nuclear Science and Technology, Sinochem International. Drop table, the recent performance of active non-ferrous metals, energy saving, new energy, new materials, and some other blue-chip stocks started to adjust, Zhenhua Port Machinery, the gold gold, Tianwei security changes, such as rank decreases in the forefront of Yunnan Copper.
Tuesday, the Shanghai Composite Index opened to 4247.75 points, up 4280.85 points, the lowest 4209.58 points to close at 4269.52 points, up 16.17 points, or 0.38%, turnover of 185.635 billion; Shen Chengzhi opened 14,189.75 points, the highest 14,342.91 points, the lowest 14,057.62 points, close of 14,336.40 points, up 141.85 points, or 1.00% on turnover of 100.25 billion. (Ling Xue-wen / Practice Analyst)
[Today In news]
Tuesday mainly investors to focus on the following information:
1, China Banking Regulatory Commission has the credit of the misappropriation of funds by corporate bank branches to eight administrative penalties. Involving misappropriation of China Nuclear Engineering and Construction Corporation short-term loans into the real estate market, securities market and other channels of the Bank of Communications Beijing Branch and Beijing Bank, two institutions will be given fines and other administrative sanctions; involving China Shipping (Group) Company misappropriation of loan capital subscription of new shares of China Merchants Bank, Industrial and Commercial Bank, Bank of China, Industrial Bank, China CITIC Bank and Shenzhen Development Bank, part of the six bank branches in Shanghai, will be given a fine, suspension of business and the proposed abolition of executive qualifications of the punishment.
2, It is reported that China Mobile (0941.HK) will be held as early as next month to return to A shares, may raise 80 billion yuan of funds. The facility will be bigger than the Industrial and Commercial Bank of China last year reached a record 46.6 billion into the mainland capital market, the largest IPO.
3, a strength of the export tax rebate adjustment unprecedented storm is brewing. A number of sources told this reporter that, due to the excessive growth of foreign trade surplus, the relevant departments are studying a wide range of export tax rebate policy adjustment programs, including steel, cement, including export tax rebate rate of certain commodities are facing adjustment.
4, the central bank yesterday issued a public notice, in order to maintain steady growth of base money and money market interest rate basically stable, the central bank will be issued today, the sixty-second period of 2007, central bank bills. Period of a central voting issue, the circulation of 15 billion yuan, the due date of June 20, 2007, interest from day of June 20, 2007, maturity date of June 20, 2008, to issue discount method to the full open market operations dealers to price a tender maturity paid 100 yuan face value. The market is expected to vote the interest rate will continue to be the central issue was unchanged at 3.0928 percent.
5, Nanjing Bank Co., Ltd. and Bank of Ningbo Co., Ltd. will be held starting June 22 for the week 5 Fashen Wei received the audit, which officially opened the city's big-screen listing of commercial banks, Bank of Nanjing and Ningbo Banks were among the first lucky.
[Afternoon Brief]
Following the previous day's stock rose sharply higher open and strong after the Shanghai and Shenzhen broader market Tuesday the basic trend of extending the previous session's strong run to continue to slightly higher volatility, in which Shen Chengzhi refresh again a new high of 14,342.91 points of the stock market, the Shanghai Composite Index has shot up intraday to 4280.85 points, and further approximation pre-peak. Observed market performance can be found, despite the previous session's broad based, the stocks trend a certain degree of differentiation, but the Stock Quotes still very active; Clearly, the pressure at the early stage high technology as well as gapped gap is not closing out Monday under the premise of relatively high investment in market sentiment that the current state of mind is more stable stock market outlook also means that there is still further upside potential.
Investors should be concerned about is that the China Banking Regulatory Commission yesterday to the diversion of credit funds by corporate banks in the Mainland of 8 out tickets, thorough investigation of bank credit funds entering the stock market and real estate.
Involving misappropriation of China Nuclear Engineering and Construction Corporation short-term loans into the real estate market, securities market and other channels of the Bank of Communications Beijing Branch and Beijing Bank, two institutions will be given fines and other administrative sanctions; involving China Shipping (Group) Company misappropriation of loan capital subscription of new shares of China Merchants Bank, Industrial and Commercial Bank, Bank of China, Industrial Bank, China CITIC Bank and Shenzhen Development Bank, part of the six bank branches in Shanghai, will be given a fine, suspension of business and the proposed abolition of executive qualifications of the punishment. In addition, the China Banking Regulatory Commission responsible person stressed that although the illegal diversion of credit funds by businesses entering the stock market is only a very individual phenomenon, but must learn a lesson from the banking sector, strengthening management, in particular, is to do the loan review and loan tracking after the inspection. In my opinion, increase the investigation and handling of illegal funds into the market is conducive to the promotion of the long-term healthy development of capital markets.
From Tuesday's market performance, by the Bank of Nanjing Co. and Bank of Ningbo Co., Ltd. will be held starting June 22 for the week, five audit Fashen Wei received the news of the impact of a number of shares of commercial banks, equity brokers or equity futures and trusts have capital appreciation potential in the active pursuit of individual stocks by the market. In the context of reforming the financial system, domestic commercial banks are actively docking capital markets and accelerate the strategic transformation. Many brokerages and commercial banks are actively seeking a public listing, it is precisely because a number of brokerages and commercial banks have the expected listing of the relevant shares of listed companies will drastically increase in investment income, leading to asset revaluation opportunities. From the last phase of the market performance, the concept of brokerage stocks and shares of banks listed companies has become a hot market, and its nature within the scope of the revaluation of assets.
Worthy of further emphasized that, with the index rising, and raising the level of valuation, the real investment value of the species will have become increasingly scarce. Therefore, the opportunity during the afternoon digging must carefully study the company's fundamentals, on the one hand from the perspective of endogenous growth for high-growth varieties; the other hand, epitaxial growth from the point of view, continue to tap the asset restructuring, asset injection and the Overall listing of investment opportunities. In the mining asset restructuring and asset investment opportunities into the process, I have been stressing the new one should pay special attention to the central enterprise reform, reorganization of the hidden investment opportunities in
