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Data:2009-12-12 2:34
Source: Xiao Yu Hang Jiuding Allianz
Shenzhen and Shanghai stock market volatility fell heavy volume Wednesday, the Shanghai and Shenzhen cities of the total turnover of 1,500 billion yuan, the two cities become a real-estate stocks triggered a major short tape diving power, Vanke A, Poly Real Estate, investment property, shares of Golden Group, and other heavy volume and the strong Next and more resolute, firm lower limit of these species point of view, the real estate section of the drop was explained by the strongest market began to falter Chi Chou plate for afternoon I believe that there will be a strong multi-year setback plates, which plates are likely to be concentrated in engineering machinery, lack the performance of military support varieties, some varieties of financial securities, so the amount of income overcast days behind, it is highly likely to explain in 2007 the probability of the formation of a great big top.
Shanghai Composite Index from the Wednesday day trend point of view, late morning overstating the financial heavyweights such as Industrial and Commercial Bank of China Shanghai Stock Market varieties form a false break, the afternoon intraday sell-off surging out of the real estate stocks most of the lower limit in the two cities under the influence of the broader market started to decline, some anti-late-winged. Vanke A trend from the heavyweights of view, the release of the amount of 26.6 million days of limit down, at least illustrate how the market has been the main institutions began to deliver the hands of chips, while the variety of terms from its position, there is still a considerable distance; or better from a variety of point of view, mainly concentrated in poor performance of the cap, lower on the performance of these species is a kind of compensatory growth means that its short-term features of the more obvious, its continuity is weak, with limited market appeal.
For the afternoon, the current A-share market in the most powerful real estate stocks have started at low tide, which sapped the short term, though still may be see-saw, but because these species are the main cost is very low, they appear continuous sell-off is also the possibility of a larger and therefore difficult to intervene in the short term; in the real estate stocks fell after the plates which could be hit or predominant species it honor? I believe that part of the engineering machinery plate, pushed up non-performance of military support plate, part of the financial and securities class sections will be significantly short of the important species, for these pushed up investors should stay away from the main varieties.
150 billion, which is China's A-share market turnover first time in years the amount of days, which on the one hand shows an increase in the stock market investors enter the market; the other hand, also indicates that the stock market has reached a higher risk areas. From the fundamental point of view, the current domestic financial policies, including reserve requirements, the central bank open market repatriating their capital intensity, low-cost year history of selling shares of restricted circulation, introduction of stock index futures (in the high zone launched), QDII ice to carry out Deng Jun of the A constitutes a subdued stock market fundamentals, the impact, but from a technical perspective, the long-term technical indicators Shanghai and Shenzhen cities has emerged at a very high position, technical at the top of the regional apparent, its up the space even more limited, The market in China Life's high positioning the formation of A, H is self-evident risk of a huge price difference, so the author from a combination of fundamentals and technical terms, A-share market may be significant adjustments in the near future into being, while the Some varieties of damage may be beyond the imagination of investors, the proposed strategy of prudent investors to adhere to wait and see the main long-term funds should not intervene, in order to moderate short-term funds should be a high potential bargain-hunting for bargain-hunting operation.
Prevent plate: lack of support of the military concept stock performance;
Time concern: China Life next Tuesday indices into account the impact on the market;
Concerned about the plates: warrants performance of growth plate and low-cost varieties.
