Category: Money Tips Date: 2006-04-15
Source: Chen Lin Chin-triple consultancy
Do more based on:
1, the two insurance turn the tide, against the big new high just around the corner.
From Wednesday to see the disk, although the market as a whole more cautious, in a sideways, but there is no lack a strong stock, of which the performance of insurance stocks in particular, in two of the most eye-catching, and China Ping An and China Life Insurance intraday trend of stronger, once up 4 % or more, although somewhat late diving, but still be able to maintain a strong meteoric rise to popularity, and insurance stocks because of the high price for the popular high-impact, insurance stocks continued strength even insist on the value of establishing a large capital investment, long-term hold philosophy, tape repeated at a high level of shock is a normal behavior, but we can also see from the transaction, such as the performance of the insurance stocks might indicate the market outlook is a high commitment to challenge the new tape.
Second, the yuan continues to appreciate the broader market a new high soon.
From the market fundamentals look again Tuesday yuan central parity rate hit a new high of 7.6213 yuan revaluation benefit from the concept of the stock market once again become the "pet", the financial and real estate sections also significantly active breakdown of trade between the two cities Tuesday gains chart first two. As the yuan appreciation is the cornerstone of this bull market is one of the fundamental reasons for maintaining the survival of one of the bull market, and the associated section in the long term will also be benefited greatly from the long-term strength of these plates will also bring broader market rising, from Wednesday disk to see a high index has been close to 4335 points, almost recovered since the fall round of decline, creating a new high is only a matter of time.
Short based on:
1, high shock intensified, careful response to the market.
Wednesday market was more cautious, in addition to insurance stocks lift index, the stocks generally softer trend, the market revealed cautious attitude is no doubt that the bad rumors about the market is expected to lead to numerous investors more cautious in attendance, while the value of two kinds of ideas and speculation The race is also very difficult in the short run a sub-abilities of market speculation, the atmosphere is still very strong, from the put warrants can be seen on the crazy bubbling, and the main force of the market trend is also the broader market twists and turns blue-chip plates can not be launched by the continuity of upside, this is also a major factor in intense market volatility, therefore, for the current trend in large cap sideways, see more little action to effectively hedge their risks.
2, large non-profit-rich, sharp increase in funding pressure.
Capital market side will face a huge gap in the pressure to complete share reform of listed companies for two years the "big non-" lifting the proportion of shares held by limited sales to double, from 5% of the total share capital rose to 10%, the part of the proceeds is extremely rich, markets are facing a huge reduction of the pressure. And based on statistics, in June there were 86 listed companies, 558 "small non-" lifting, lifting of the ban on sale of the limited number of shares related to 3.248 billion shares, compared with May a decrease of 1.796 billion shares, up 35.61 percent decline. At the same time, 42 "big non-" total ban is limited to the number of shares sold as high as 776 million shares. More importantly, the lifting of the ban's "cardinal" home ratio in May increased by 12. This shows that the market will face the possibility of funds face intense challenges.
At a glance:
To take back a tape into two progressively in a way forward, not only conforms to the trend of Manniu management's expectations, but also conducive to the perpetuation of market conditions, there is not much in terms of policy intervention in surface pressure in the case, the market is expected to continue according to its own development increased along the channel ahead, investors can maintain a proper position, so that control them. Thursday bearish.
