Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-01-26
Since the beginning of the stock market from the interpretation of view, although one of the foundations supporting the bull market --- the attractiveness of the overall market valuations have fallen considerably, overall market size needs to increase opportunities for the expansion of the process of re-accumulation. However, the internal structure, in order to iron and steel, petrochemical, power, coal, construction machinery and transportation sectors, represented by blue-chip stocks of the PE on average 8-15 times, from a global look at the low valuation; from supporting the bull market --- performance-based growth in the other point of view, mid-year report shows a good overall performance of listed companies in the market is generally expected, we believe that the overall performance of the second half than the first half of the growth rate is difficult, but in the long run, China's economic structural adjustment, will bring added value in various industries increase. Overall, therefore, we believe that the market is in the fourth quarter of negative factor for clear, positive factors to be reunited more optimistic environment, while institutional innovation will enhance the market's overall investment value of the bull market will still be able to further interpretation. Therefore, the next stage of the stock market, we believe that the strategy may be temporarily ignore the valuation of troubled driving force attenuation is still focused on the concerns of its growth, when there is a reasonable basis for the valuation of the premise and performance growth to be sustainable, seizing the adjustment of opportunity to actively intervene to hold, should be noted that for sustainable growth in mining, get rid of lack of growth companies.
Read the report: Huatai Securities in the fourth quarter investment strategy report: most investment value of 50 stocks. Pdf
