Category: Money tips Release Date: 2007-02-24
4000 points the stock market the first major diving, Shanghai stock market fell below 3,900-point mark, the two cities in recent Bacheng stocks fall
PRC stock market finally found reason for a drop in the Shanghai Composite dropped 147 points yesterday, breakdown 3900 points to close at 3899.18 points, or up to 3.64%, is stand on the 4000 after the biggest one-day point drop this year in in May for the first time below 5-day MA. There are investors with emotion: "I was stuck with a bull market!"
Financial institutions yuan yesterday, the People's Bank raised the deposit reserve ratio by 0.5 percentage points to 11%, this will have a direct financial institutions to freeze funds 179.5 billion yuan. With the QFII indicated that a substantial adjustment did not think before the A shares, regulators issued notice, as well as the risk of speculative funds is strictly prohibited reminder under the combined effect of such news, the stock market to make a great extent.
The Shanghai Composite Index to 4055.83 points, the same day nearly 10 points higher gapped open on the red to 4069.85 points, the highest point of the day, after all the way down oscillation. Afternoon after the city opened an integer index fell below 4,000 points mark, near the close Shiyou breakdown of the 3900-point mark. After dropping 3891.36 points, the Shanghai Composite closed at 3899.18 points, down 3.64% compared with the previous session, the day the amplitude can reach 4.41%. Shenzhengchengzhi the day to close at 11,414.54 points, down 317 points, or also reached 2.71%.
Volume was moderate on larger cities, Shanghai stock market turnover 205.494 billion yuan, while turnover of 98.678 billion yuan in Shenzhen. B shares yesterday, the same callback, SSE B shares closed at 310.68 points, down 6.10 points; Shenzhen B shares closed 5276.52 points, down 269.40 points.
A Shanghai stock market yesterday, shares of 196 up, 627 down; Shenzhen City, 143 up, 457 down, 21 stocks daily limit, lower limit of 10. The two cities is about 76% of the stocks fell. Market, short-term callback, ST class relatively strong performance of individual stocks, there are 25 daily limit, while transportation stocks may show relatively stable, such as the Zongshen Power, Hongdu aviation and XAC International contrarian improving.
Yesterday the market adjustment pressures mainly due to the weight indicator stocks, finance, coal, oil, electricity and automobile plate as a whole experienced substantial decline.
Decreases in the forefront of home, and basically shares of financial sector stocks, according to statistics software, great wisdom decrease of the financial sector 4.93%. Cross-listed on-line since yesterday, led banking stocks after the opening bell Gaokaidizou drop in short-term profit-taking pressure led to broad market gradually come down. Shanghai Pudong Development Bank, Huaxia Bank, China Merchants Bank the biggest intraday decline over 5%, such as the Ping An of China, Industrial and Commercial Bank of China, China Unicom and Huadian Power International and other varieties of adjustment is also relatively large.
â–?Field
"How do ah? Clearance or not ah?"
Yesterday afternoon, two ambitions, still slumped more than the entire stock. Looking at the electronic screen of a green, still packed inside the three-tier three-tier securities business outside the Office of shareholders who are all a straight face.
Liu stocks for many years master of this also appears to be tight, the elderly, wearing big glasses and wasted no time in watching the big screen every second movement of the figures. "Quotes every minute is being changed, I also calculate up how much loss the amount of the cast or the Shou-ah." Aunt type it appears that some investors panic, while shares of phone calls reporting the situation changes, while anxious to loudly asked: "how do ah? Want to do all the clearance ah?"
"It's hard speaking, perhaps tomorrow will be an inertial down ... ..." Liu master look of frustration. What the old shareholders will continue to reflect on their own greedy aunt, "have already earned a double, but he still want to earn more." The new shareholders who will shop around to find the wind, to see whether or not to sell the stock tomorrow morning.
Not reduce the number of accounts is still queuing queue
Yesterday the securities business in the city hall, the reporter found that the same number of people who open an account, "queuing" to the fast closing there are still many of them came to open B shares.
"It's like swimming, diving to be floating on the sea to breathe the same up and down is a normal thing, long ago the stock market special cow, and now fell off is understandable, but fortunately, do not worry 'H' is heard to fall." Said a middle-aged investors, and now Although the risk of entering the stock market bigger than some time ago, but its future still have confidence in the bullish market.
While the new investors are still increasing, a number of securities business offices have begun to remind investors: It may be new investors into the market peak has emerged, this round of crash that could be a sign of the peak. "If the capital reduction carried by the new investors, post-market decline is entirely expected," and a large security consulting firms to determine, therefore, at the end of May early June, the whole number of new shareholders accounts decline will occur.
â–?shareholders Case
Case 1 people drop his daily limit
Two consecutive limit-board, the Commission will not be stopped, but also hard to say ah?
Face stocks opened higher after yesterday's great diving all the way to market, stocks of history Mr. Chen appeared to be very near some very leisurely. "No down 3% on it?", Mr. Chen ST purchase shares in these two days have been two consecutive limit-board, and profits 30%.
A friend encouraged, Mr. Chen had never dip shares earlier this year bought the first stock. Great Quotes optimistic time ago, Mr. Chen is also with the bullish stock. To May, he has repeatedly fought in 35 stocks. In addition to its own society analysis of the basic stock prices, Mr. Chen will also have to securities or other related companies shares insider's friends inquire about the trend.
"Most are the various sources used as a reference to the relevant recommendations, and then make their own judgments of a comprehensive." By this mode of operation, Mr. Chen has rarely missed, a new piece of shareholders in the more fortunate one. The drop in the luck out alive, but also slightly disturbing to Mr. Chen: "two consecutive limit-board, the Commission will not be stopped, it is difficult to say ah?"
Mr. Chen that the trend is in dispute, the general trend is still upward, but the message is still a city, too speculative, "has fallen may be really beneficial to the entire stock market value of investment to return to, but also perhaps."
Case 2 day loss of 130 thousand yuan
The afternoon, when the stock market dive, the stock plummeting until the lower limit. Stock green, my eyes are green.
At 3 pm yesterday, the stock market closed. Looking at the lower limit of stocks, individual investors look of frustration Mr. Zhang, his face pale, the more noticeable.
"Last week, the risk of reminding the Commission issued a warning, I am worried that Monday's stock market will crash, so they waited at the front of the computer, but the surprise is the day the stock market rise not fall. Today, I would careless, and that the cloud over the wind the Qing. "deadpanned Mr. Zhang told reporters:" It's like the wolf, and said more but do not believe, did not expect the real wolf came. "
Mr. Zhang on April 27 to 26.22 yuan shares bought 5 million shares of Orient Group shares, has spent more than 130 million yuan. "April 27 Shigekura buy, 28 limit-day, earning about 60,000 yuan. But then is the" beginning of a nightmare. "Yesterday, a day on the fell 2 5 Yi Gu, the loss of nearly 130,000 yuan.
"In fact, throw away the opportunity of kicking the stock. If the time in more than 25 getting rid of a loss would not be so great. Because the stocks of money in part by friends and relatives, so do not want to sell at a loss, the total loss trying to make money back. the afternoon, when the stock market dive, the stock plummeting until the lower limit. stock green, my eyes are green. What I am most worried about is the future of the stock market. "
Case 3 5 minutes 40000 no more
You open a Web page is not an login liquidate, is a daily limit. The last is true!
"I watched as a straight line down, less than 5 minutes, 40000 money is gone." Yesterday, in the stock market, "Fighting" Two months later, 33-year-old Yao River (a pseudonym) on the experience of the first Second let him tremble in fear of diving, "is not an open website login you liquidate, that is a daily limit. the last is true!"
Yesterday an opening, Yao River's two stock performance was fairly stable, to close at noon has lost a lot. Did not expect a bigger blow yet to come in the afternoon an opening, "less than 5 minutes, or 1 yuan. Coupled with the other shares fell 3 percent, that is, within a few minutes, nearly 40000 there is no money. "
The stock market to hit Yao River is not the first time yesterday. April 19, in a business trip YAO colleagues received a text message: "stock market crash!" Yao River opened her notebook computer to see market, "bar about 2:30, when the Internet is ready to throw away some, I opened the results from China Construction Bank's website, log into it for a while also a couple of minutes it, Made in refresh the page has been lower limit of! a straight for the next jumper, you do not have any way are not only looking at tens of thousands of pieces there is no money. "
Now, Yao River, said his impression is that "I was kind of being stuck in a bull market."
Miao-Yao River Unit of the money was originally prepared to buy a house, "the price is too high to buy up some difficult, but also always feel that price should be down, when a thought, might as well use the money ready to buy a house first went to Zuogu Piao. "
Case 4 decisively to sell remind myself how lucky
In the event of a major adjustment, profitable part of the meeting of Finance of water, to protect the fruits of victory is very important.
Successfully escapes the old shareholders Ho then look of excitement, secretly glad.
"I have had 10 million of funds on hand, both their own stocks, but also to help a friend Trader. From the end of April, I have been semi-warehouse operations, not all the funds are put into stocks, mainly too risky. In the event of major adjusted earnings met with some of the financial-oriented water, to protect the fruits of victory is very important. "Mr. Ho most of the money to buy a nine Shido. The stock briefly rose to 16.58 yuan, followed by the stock market dive, crashing in the 15.05 yuan. "Nine Shido turn from red to green, I have a look at the situation is not ready for the stock are immediately thrown. Now it seems that this decision is very wise." Although Mr. Ho decisively the stock sold out, but he the future of the stock market the stock market continue to be optimistic.
Also some of the old shareholders do not even have reason the stock market news, listen to reporters Quotes, the old shareholders forget about Miss Lu said: "Overall Looking back, is still making money, so I am not afraid." When asked whether it intends to handle the future thrown to the stock when Miss Lu laughs and says, up or Change for the old shareholders are normal, if you do not have a very unexpected circumstances, should not be reason those stocks.
Shenzhen Development Unit of the reform introduced new programs
WASHINGTON deep concern the development of share reform has finally made a breakthrough. In the first share reform proposals have been negatived, after nearly a year Shenzhen Development yesterday submitted to the Shenzhen Stock Exchange, shares of the new reform program. The new unit compared to the previous reform programs have greatly improved. As long as the adoption of new programs, Shenzhen Development Unit will be distributed to the total number of shares in circulation is equivalent to 1 / 10 of the bonus shares. The next few days, mainly non-tradable shareholders and tradable shareholders will exchange the new program, the final package will be submitted to be on June 8, 2007 meeting of the relevant shareholders meeting when shareholders will vote on share reform program. In addition, the share reform program after the passage of the deep development of the proposed issue of warrants.
The program is set to the orientation of the flow of shareholder dividends. However, this dividend is not a cash dividend, but rather be reflected in the form of stock. In other words the outstanding shares of Shenzhen Development Bank shares approximately 1.409 billion shares, it will send a redness about 140.9 million shares of stock. Is actually non-tradable shareholders bonus shares of its outstanding shares are transferred donated to the shareholders, as stock prices change right. Therefore, the share reform program after the passage of circulating shares for every 10 shares will actually receive a share bonus shares, the proportion of non-tradable shareholders will be diluted shares nearly 7%.
â–?afternoon Analysis
"Fell to 3500 points, only normal"
Zhao Hongmei (Orient Securities Co., Ltd. Guangzhou Office Manager BaoGang Road, securities business): adjustment is inevitable. Not fall Now that's not normal. The current stock market bubble and the risks have accumulated a lot. Appropriate the entire stock market decline would benefit health.
Quotes from the current point of view, should enter the short-term adjustments, must be a continuous or on 7 days to 10 days, be called normal. The stock market can not move forward, to 10000 points, very high. But in the long run, the entire stock market trend is definitely upward, as it relates to the Olympic Games, with the entire country's economic development is consistent. Should this go on forever, even if the market do anything to adjust, the state will also introduce measures to adjust. As far as we know, some time ago a number of large institutions and funds have already begun lighten up, the old shareholders had to leave the multi-throb in the stock market is the new shareholders.
Is estimated that by the end of May early June, the stock market index can be adjusted to 3500 points, there will be more normal. Now is a good thing or not or that I have to ask why.
"There are 10% decline in space"
Cheng Yonghong (Mountain and Sea Investment Advisors Securities analyst): This adjustment is actually quite normal. The new investors entering the market this year, the normal adjustment among the vigilance is necessary. In China, the current proportion of retail investors holding 65% -70%, far higher than the international average. This time, the large fund or institution, is the best opportunity to lighten up. Strange if stock will not drop.
Adjustment, such as after the reunification proposal is, then, not later than buying. Is estimated that there are still 10% of the stock room for adjustment, that is down about 400 points, the space, this time investors have to circumvent the subject shares, catch up blue chips. But blue chips, even if the buying, it is best carried out in phases do not have a heavily loaded.
