Strong indicators of stocks would not fall in the value of stocks across the boardrestoration Money

Category: Money tips Release Date: 2007-04-18

Broader market higher again Wednesday oscillation, the Shanghai Composite has also hit a new high of 1855. At this point, this week index has not only not even close Sanyo, and thoroughly break down the ICBC listing benchmark Shanghai Composite Index hit a high of 1842.73 points. Before, some investors worried about the listing of ICBC, the broader market is likely to continue copying down the Bank of China listing ascribed to the movement of fear has finally been completely cleared. At present, apart from small board index, the Wednesday of the index of almost all the cities once again hit a new high of the current round of Quotes, ICBC listing lead to a breakthrough Quote this point has been fully confirmed.

A broader market heavyweight blue chips are expected to continue to be the post-1800 Quote of the fundamental upside momentum, and the current Quotes just "tip of the iceberg," is still worth looking forward to the follow-up Quotes.

Since the benchmark Shanghai Composite Index has been successfully accounted for the 1,800 points, the market has significantly increased the differences between long-short, but in going through after a brief confrontation, and finally to multi-party win an overwhelming advantage. Broad-market index stocks, blue chips, the market has undoubtedly become the most fundamental driving force to do more. In the past article, I have repeatedly emphasized: the current phase of the exception? Quot; expansion pressure ", is an almost can not find any reason for short. In terms of the overall market valuation levels, or from the surrounding market news, macroeconomic surface as well as the fundamentals of listed companies seems to have helped in various aspects of broader market continued to develop in depth.

In fact, the issue of new shares this week, six led to broader market Monday re-emergence of the most important reason for relatively significant oscillations, but also to see an empty market, where the most fundamental reason. In accordance with the logic of the past, it was hard to maintain a strong broader market. However, those who have neglected to see an empty one of the most important fact is that with the continued listing of blue chip companies as well as the full circulation era, the current market is going through to the "big blue-chip" era of great change. Indeed, many of the carrier's return to capital in the market will inevitably face pressure to a certain extent, but the appreciation of the renminbi, as well as the proliferation of mobile context of the market is also usher in era of full body. As more stock funds, pension funds and banks and other institutional investors and the rapid expansion of new issues brought about so much pressure, it would be better is the new rising power. Clearly, as long as the valuation, pricing, issuing new shares to the market is bound to bring more fresh blood, the heart will eventually lead stocks momentum.

From the three trading days this week, the overall trend of the market look at the broader market upside pattern has steadily laid the broader market heavyweight, blue chip market has undoubtedly become the fundamental driving force a new round of upside. From the early early start to people's livelihood, China Merchants Bank as the representatives of the banking stocks, the recent upside in a continuous petrochemical industry, Baosteel and other veteran heavyweight, to the newly-listed Air China, Datong-Qinhuangdao railway tape upstart successfully staged a broad market heavyweight? quot; the elephant to dance, "good show. Clearly, the current broad market heavyweight has ushered in" good weather, terrain, and the "great upside opportunity. First, the blue chips of the super-normal distribution, the yuan revaluation ample liquidity in the background, as well as institutions active capital market constitute a broader market heavyweight dancing "days"; Secondly, margin trading, stock index futures and other financial innovation systems has accelerated the tape objectively the value of blue chip varieties revaluation process, can be described as "geography"; Third, from the valuation perspective, the broader market heavyweight blue chips edge overall valuation of outstanding funds "depression" effect clearly has a good start with a comprehensive market-based, can be described as "persons."

From the tape this week, the overall trend of blue-chip blocks of view, almost all industries have maintained the leading stocks super situation. Although some species, such as banking stocks, while short-term increases in Sinopec larger, there is a certain callback request, but the valuation and future growth, taking into account factors that continued to move up the center line is also no suspense. The Bank of China, ICBC and other super-low profile carrier landing is higher for the broad market heavyweight laid the foundation for the steady. In addition, taking into account the stock index futures, such as margin trading, as well as T +0 system innovation has not yet officially launched and implemented, so the current large cap blue chip Quotes may be only "a corner of the ice," is still worthy of further follow-up Quotes looking forward to.

2, nonferrous metals, steel, automotive, and transportation and other value stocks are expected to replace pre-or high growth stock, becoming the new focus of the recent financing concerns.

Value stocks and growth stocks as an equity investment of the two stock-picking strategy, is not fundamentally better or worse, is often accompanied by Quotes at different stages, showing the strength of different characteristics. In the consumption-growth stocks, represented by the accumulated increase is too large, the high valuation, with the three quarterly disclosure of the end of the adjustment is being ushered in a comprehensive pattern, which also contributed to the recent situation of the most important reason stocks differentiation.

However, with the weakening of national macro-tightening is expected, steel, automobile, petrochemical, and other non-ferrous, and finally usher in a cyclical industry, the value of a favorable opportunity to return. These varieties or because the usher in the industry inflection point, such as iron and steel industry, petrochemical, midstream and downstream businesses; or because they underestimate the value of their own, such as steel, automobiles, ports and airports; or because the degree of the industry to enhance the economy, performance growth, if any color in the industry lead and zinc, aluminum, as well as the value of transport and so on variety, significantly undervalued. Only because of the relative lack of growth and other reasons, in the previous stage in the market conditions have been neglected by mainstream funding. However, these species experiencing more than half a year after finishing poised, with the blue chips and growth stocks start trimming, and finally ushered in a comprehensive revaluation opportunities.

Hot this week look at the market, in addition to broader market heavyweight, the value stocks are completely separate ways to become the new darling of funds. Across the board from Monday to start with Baosteel, Wuhan Iron and steel plate as the representative to Tuesday with Air China, China Southern Airlines, Shanghai Airlines and other transportation as represented by blocks, and then to Wednesday in order to loosen macro zinc germanium, HTC shares represented by non-ferrous metals, the value of stocks, especially those that were performing fine, low-valuation stocks leading the industry to become the new darling of funds. Taking into account the relevant sections and the large number of stocks, but also pre-clear stagnation and eventually is expected to become both the broader market after the blue-chip blocks another new hot spot has become, after 1800, another major driving force for Quotes worth investors to focus on.