|
|||||||||||||||
|
||||||||||||||||||
Data:2009-12-12 2:34
Source: Kim Merrill Lynch Investment
Wednesday broader market rebound. Early benchmark Shanghai Composite Index to 2851 points Tiaokonggaokai, fall to 2849 points, slightly higher after the concussion and broke through to a 10-day moving average of repression. Afternoon, a strong shock at a high level index. The final tape to close at 2896 points on turnover of 75 billion yuan over the previous day to enlarge a number.
Message level, the ongoing National two upload a message, this year will focus on the development of corporate bonds is likely to take the path to the existing corporate bonds corporate bonds outside the separation of the new varieties, both concurrent manner to promote co-existence. Industry insiders believe that to develop corporate bonds, it is precisely Premier Wen in the report relating to the question of the meaning of expressions. In addition, Premier Wen will "alleviate the problem of excess liquidity in the banking" as the focus of this year, after the government yesterday, the central bank open market operations to increase the intensity, issued 160 billion yuan one-year central bank bills. This is a one-year central bank bills issued by the second highest point of the history. As a result of a one-year central votes short duration changes in its distribution yield limited impact on the market, coupled with poor exchange bond market liquidity constraints, the market there was not much response. The issuance of a formal exchange Tianfu Growth Focus Fund, the subscription started shortly after again rapidly approaching 10 billion because of the size limit of the declared end of the day to raise the ceiling, which is the open-end fund in history, or never happen. The industry believes that open-end fund panic purchasing the emergence of the highlights investors enthusiastic about the same time, but also further reflected in the huge financial potential of the market, but the weak investor awareness of risk is also a concern.
Secondary market, subject to the impact of international stock markets rebounded today, showing once again high in Shanghai and Shenzhen opened higher away situation. Full strength blue-chip index has become the main driving force lift index. Sinopec, China Unicom heavy volume higher, the formation of a good variety of other blue-chip stimulation. Quotes continuation of a strong financial sector. Among them, CITIC Securities rapid pulled, triggering Hongyuan Securities, Liaoning Fushun, Youngor and other brokerage stocks rose the collective. Although there is no banking section of yesterday's domineering but still maintained a steady upward pattern. A larger short-term adjustment of steel plate ushered in a new round of rebound, Wuhan Iron and Steel shares, Bayi Iron & Steel, Maanshan Iron and Steel shares were all higher, do more to stimulate the market enthusiasm. Fund Shigekura today a change early weakness, China's heavy truck, Suning Appliance and so strong limit-growth after the blue-chip stocks out of the water reflects the growing value of the investment. London non-ferrous metal prices rebounded by the stimulus, the metal plate trend firm, Baotou Aluminum, Nickel, etc. to re-take a good Jean. In addition, electric power, chemical industry, the Olympics, the media and other sections are also a strong trend. Intraday stocks daily limit increased again, in the face was still ample capital in the market against the backdrop of long re-accumulation of energy.
On the whole, broad market opened higher today, high away, off the steel, finance and other varieties of weight continued strength, to guide and support role in the formation of market sentiment. Technically, the short-term stock broke through 10, moving average repression strength long attack very strong, broad market is expected to re-higher afternoon. Comprehensive judged: Bullish
