Category: Money Tips Date: 2007-06-04
Source: Shanghai Joint Authors: Xiao-Yang Chen
The market concerned about another large-cap stocks today --- Da-Qin Railway under the net purchase issued shares This expansion also shows that the end of the peak. In this context, yesterday's Shanghai Composite screeching halt 30-day moving average, to close out a small-Su Liang Yang Xian, while the turnover of 16.643 billion more than a month before re-approaching the level of land supply. Reproduce in the amount of the market what is the signal then?
Deja vu in the amount of features
Tuesday tape, and did not continue Powei down, but, led by heavyweight stabilized, showing a slight recovery in the trend stabilized. But the amount can not in time to meet to further shrink, reaching the level of the recent Quotes of the land supply. So that investors can not help but recall, in June 15 this year, the Shanghai Composite use the same amount of 15.9 billion transactions, there had been a land supply, the prevailing market environment into the Bank of China issued on the eve of the fear of purchase, but over time The passage of time and market expansion pressure on the weakening of new shares, the market has interpreted in a subsequent wave of nearly a month of short squeeze rally. Familiar features of the current re-emergence of land supply, and the Datong-Qinhuangdao Railway today issued new shares financing of this purchase is the peak of the end of the short-term expansion of the pressure must slow down, does that mean another wave of short squeeze rally season, which apparently makes Investors face the same level and similar to the amount of market conditions aspire to the impossible.
Its most active subscription of new shares
As the IPO market this year, since lifting the ban has been issued publicly traded shares have received a lot of money to purchase rate of return. Data show that in the five new shares have been issued, the market opened the first day of an average rise of 93.38 percent, with an average purchase yield of 0.45%. In a way, are all good on and off various types of funds to stimulate active participation. The published information in perspective, Poly Real Estate Network starting A shares under the IPO subscription households hit a new high since the restart. Must-run E-billion commitment in 1874, under pursuit, in which a success rate of only 0.0565%, while the issue size of only 27.2 million in Germany and the United States chemical industry has received nearly 3,500 billion yuan of the pursuit, and a success rate of new shares hitting a low of 0.0487% Similarly, the Datong-Qinhuangdao Railway A stocks online purchase 230 bodies have been sought after the heat, showing purchase of new shares reached an unprecedented active, the amount of the funds is also increasing its capacity. One can imagine that the recent broad market continued to reproduce a level so that Su Liang, indicating the funds on the secondary market, there are clear signs pulled out.
Similar Quotes can be repeated
With the release this week, five new shares subscription is completed, clearly focused on the secondary market, expansion of the pressure release to a temporary close. So, the current can spill in the market as a capital return once again to challenge the new bull market high-continue to play it? The author believes that passage of time, this moment was one, although since a large number of blue-chip blue-chip companies after another IPO, will enhance the market value of the hub, and further blocking the broader market down space, but in the future to accelerate continuous expansion of new shares, plus interest argument breaks out, coupled with semi-annual report to disclose the market is entering phase, a slight decline in overall performance expectations, the midline Quotes is not so optimistic.
Although led by heavyweight Sinopec appeared stabilized stabilized, but did not continue to show upside market, explain the lack of funds just to maintain Bu Zhiyu face further deterioration in the disk, which can also promote short-term intervention on bargain hunting. The opportunity to choose, the yuan appreciation theme, coal chemical industry, commercial chains, tourism consumption, listed as a whole concept, semi-annual report Yejiyuzeng Yuying shares and other directions there is further room for speculation. While overall there has been no more prominent bright spot, the market is still cautious state, the majority of funds focus on short-term pursuit of a single individual stocks, the market potential, opportunities still exist, still worth mining.
Short-term technical perspective, the Shanghai Composite fast Powei Tuesday after 30 days average, there turned up the trend. On the one hand showed that the average short-term support with a strong ability to climb the other hand, stabilized with the heavyweights, along with Kong Huangpan sell into power weakened, and had met with bargain hunting, short-term intervention. But at present index does not break above 5-day moving average, short-term moving averages to stabilize stock market outlook, the direction is clear and meaningful, re-index does not exclude the possibility of Powei 30 average, if the stock once Powei down, would again lead to the killing Konghuang Pan out. However, according to the current disk characteristics, the market outlook is expected to 1650 points, or 30-day moving average around the region to continue to shock finishing operation can be patient and wait for the direction of breakthrough.
