Category: Money tips Release Date: 2007-02-02
Market Days congenial Gu: March investment opportunities outweigh the risks The basic factors affecting the market outlook, we focus on analysis of split share structure reform on the influence of the stock market which in the event of changes, "two sessions," brought about an opportunity or a shed the risk of breaking old and new planning opportunities and risks, A Unit of estimate value is overestimated, the listed company's annual report and the future performance expectations and so on.
Stock split share structure reform has laid the foundation for developing long-term health Since the split share structure reform has proven that stocks will change it into the stock market continues to improve promotion of the main driving factors, those who are actively participating in the reform of the investors, has received a high rate of return on investment, stock reform has brought this to make money effect, driving the market gradually turn for the better.
However, the split share structure reform of the stock market's good performance not only for the payment of prices brought about because of the short-term effects of money, but more importantly, the performance of the stock market to lay the foundation for developing long-term health. By making the split share structure reform, to resolve a long-term basis for the development problems plagued the stock market.
By the split share structure reform has brought many positive impact, we can determine, our stock market so that investors fear has gone. The basis of healthy development in the stock market, investors can truly share the results of macro-economic growth has resulted in a period.
The "two sessions" will bring an opportunity or a risk? In March, the market attention, of course, will be the world's attention, because the "two sessions" should be held in Beijing, we raised the incident as the Shanghai index passed 1,300 points, a major incentive. Running the stock market tells us the history of the law, prior to the meeting and meetings in progress, the stock market will be stimulated by the policy of good rose, but with the expected positive cash, the stock market will face a new round of adjustment.
In accordance with the law, this year's "two sessions" will also result in similar effects to the stock market, as experienced for many years, "Valentine's Day" roses always in the pre-holiday prices and the day, while the Festival the same prices to return to normal. Good opportunity for investors is concerned, it's just for you to obtain an increase in short-term revenue opportunities. In different market environment, in the good reflection of investor cash after is different, such as the 2005 "two sessions" to bring the ship opportunities, this year's stock market decline are unjustifiable circumstances, "two sessions" may simply mean the end of the stock market has returned to the normal operation of the pre-track, but the trend does not change the original run, so we think that the "two sessions" convened opportunities than risks.
A stock valuation is Jianxian risk? For the valuation indicate how much risk, in fact, and there is no absolute basis. For the post-bubble burst from the fear of approaching investors inevitably lingering fear, therefore, always pay attention to the changes in PE as our A-share market the psychological portrayal of the current cautious. Therefore, we need to eat assurance to investors.
Annual Report of Listed Companies and the future performance expectations
Prevalence of listed companies as investors decline in overall performance concerns, resulting in the stock market difficult to have a long-term bullish basis. Period in 2005 we reported that a listed company's overall profits will be down about 5%. However, pointed out that many industries have been through the worst of times, such as electrolytic aluminum, iron and steel, engineering machinery, coking, automobile, cement, etc., we expect 2006 overall performance of listed companies would be more stable, even small increases, thereby the formation of the stock market support.
Off the old and new planning opportunities and risks IPO and refinancing as a sign to start as investors worried about the old and new draw-off. We believe that investors have reason to fear this outcome, because history tells us that China's stock market, IPO early often means short-term stock market correction will appear. But history also tells us that, with the IPO launch, often usher in the real rise, and even indicates that the bull market started. This situation not only in the mainland market, Hong Kong, the United States have a similar experience. At present, the stock market rally is to promote the reform of the basic power, but the lack of fresh blood into the stock market tend to make people feel tired and weak, and allow investors to refreshing only the issue of new shares and listing. Therefore, we believe that investors can appropriately to avoid new from the old to bring short-term risk, while striving to grasp the IPO, after issuance of new shares to bring the valuation of structural adjustment in the opportunity.
China Merchants Securities: Advantages corporate profits will continue to improve a total of 8 1 [2] [3] [4] [5] [6] [7] [8]
