Category: Money tips Release Date: 2006-07-15
Source: Wuhan New Rand
In news: Wu Xiaoling: central bank's monetary policy is not directed against the stock and property markets
Recently the central bank said the second half of the central bank will take steady tight monetary policy, the People's Bank vice governor Wu Xiaoling said today that the central bank's monetary policy will not be taken directly to the stock and property markets and other asset prices. According to the latest statistics, in May, China's consumer price index rose 3.4%, marking a 27-month high, and hit three consecutive months or exceed 3 percent warning level. Wu Xiaoling's speech, given concerns about the policy people at risk of reduced pressure. However, we consider that the central bank's monetary policy, the indirect impact on capital markets, but also can not be ignored.
Qi Bin, director of Research Center of China Securities Regulatory Commission in Beijing recently pledged to take effective measures to improve the A-share market IPO, refinancing rate, strengthening the H-share companies return to A-share market related work. Should take effective measures to improve the A-share market IPO, refinancing rate, strengthening the H-share companies return to A-share market related work. Blue-chip of the returnees, on the A-share market the healthy development of far-reaching, but also pay attention to the management of capital market regulation of supply and demand issues.
Funds face: Multi-plate power of the market made a strong representation
Obviously a strong early performance of the coal plate, Sichuan Shengda, Xishan Coal and Electricity were all hit limit-Guoyang New Energy, Lanhuakechuang, black or of shares, and so were more than 7%, even though their performance strong, but hot in the afternoon, the market they appear in unusual thin. Alcohol is still a strong upstream plate, Vivi shares, gold seeds of wine, pass the Portuguese shares Yilite, Tuopai Liquor, Gujing wine, liquor, etc. huangtai and emerging markets, driven Huiquan beer, so follow the trend of the Yellow River in Lanzhou Upstream, the plate has a larger short-term gains, the market outlook is not recommended pursuing high. Bank financial sector is also very eye-catching performance today, China Merchants Bank, China Life Insurance have five points or more in amplitude, Industrial Bank, Shenzhen Development Bank A, the rise of China, Ping An and other strong, and their contribution to the performance of the index very hard, but also broader market turmoil the mainstay of the attack. Real Estate section, China Wuyi, Greenview real estate, deep Hung-chi, Chinese food and real estate daily limit, interim results worth looking forward to the plate, there is inertia ascribed to the possibility of afternoon, investors can be properly recognized. Cities add up to more than 50 stocks daily limit, a number of plate turns linkage, and jointly promote the stock up. Fall standings of view, Bentley A, idiopathic fall deeper information, * ST Shanghai Branch, ST Far East, lower limit, other stocks would decline are relatively small.
Technical side: 4000 near the apparent resistance
Continuation of last Friday's strong stock in the Tiaokonggaokai Monday again after a strong attack, with the ultimate benchmark Shanghai Composite Index rose 2.69 percent of reported income, Shen Chengzhi rose as high as 3.64%. Covering the gap in the successful 3800-3778, the index again approaching pre-3900 platform. Today's gapped gaps and pre-gapped a gap in the formation of an island reversal trend. Indicates that there is greater intensity of attacks afternoon action. Indexes have been easy to puncture 5 and 10-day moving average, but the 60-day moving average of the index of repression clear afternoon in shock when the 60-day moving average or a repeated action. Volume and ended flat, and no Suliang phenomenon, there is room for afternoon. Technical indicators, KDJ indicators in the low form "Jin Cha" posture, due to K, D, J value is still oversold region, short-term stock will continue to rebound. BOLL indicators show that the current index in the Boolean line rail access to support in-orbit will continue to rally further, and is currently in orbit around 4,000 points, is close to that point there should be some resistance.
On the whole, the market shot up after a row, the main power of money has been fully vent, or short-term shocks to adjust possible. Investors are cautioned not to chase a high.
