Category: Money tips Release Date: 2007-03-15
Source: Huatai Securities Author: Chen Huiqin
Beijing September 23, according to Xinhua, the Internet technology, the Chinese people stood in the forefront in the world. "China's Next Generation Internet Network CNGI core network model CNGI-CERNET2/6IX" 23 in Beijing, through the acceptance of experts organized by the Ministry of Education. The project has a number of major innovations, on the whole reached the world advanced level. CNGI the successful construction of the network model, not only to establish China's leading position in the field of next generation Internet, with the right to speak, is more important is completely free from the Internet on foreign dependence on key technologies and products in ensuring national security, the same time, China's Internet industry will have an important impact. The construction of next-generation Internet, our pioneering built the world's first pure IPv6 network, accelerating the pace of the world's next-generation Internet development; pioneering put forward Ipv6 (Internet Protocol sixth edition) of the original address of certification, for the next generation laid the foundation for the security of the Internet. In addition, the national backbone network for the first time large-scale use of domestic IPv6 routers, furnish an important test environment and platform to accelerate our core router in the IPv6 technology matures, completely free from the Internet, building on our foreign dependence has important strategic significance. Acceptance of experts unanimously recommended that, with the next-generation Internet technology development and increased demand for new applications, but also further development of the network functionality, expanding the scope of network applications and give full play CNGI-CERNET2/6IX as China's next-generation Internet and its application research and test platform role. Should be said that the rapid growth of the Internet has become an information and communication industry in the development of China's one major bright spot.
Affected by this news, today's cities, and 3G network the concept of technology stocks led the way, becoming the most dazzling highlight of the session, in which the letter G Tong, G Huasheng, G Tang, G Gao Hong, G ZTE among the biggest gainers, while the two City by G satellite, G your flight, G into the hair and G Air powered rockets as well as the G Unit is also represented by military force have made can be described as Shuangxingshanyao. We believe that the two plates by the state policy support, the center line look good.
ICBC will be off because of the news, making the two cities banks G and G China Merchants Bank Shanghai Pudong Development be adjusted. Afternoon in non-ferrous and coal, as well as Shanghai local shares callback, driven by broader market ascribed to the consolidation of the day to close at 1722.36 points on a fully mechanized, down 2.99 points, closing 23.19 billion yuan, Shen Chengzhi to close at 4271.97 points, up 2.04 points, Turnover 116.3 points. B shares to continue a strong rise cities, especially Shanghai B shares rose heavy volume.
Quotes from the third quarter, we have seen a strong real estate and bank shares rose, while Datong-Qinhuangdao railway, G and G Financial Street erected in the sea and other firms, in fact, from these plates and the stocks rise we came to a conclusion that band underestimate correction triggered by market, consult this path, we believe the structural bull market in the current situation, market adjustments to the rise and rise through the structural and structural adjustment generated, Qi Zhang Qi or the situation more difficult to appear, Thus, we should actively leverage on the market in different periods of structural opportunities and avoid the risk of structural adjustment. Quotes run trend of the nearest stage, we believe that with China Merchants Bank H-share listed banking stocks triggered by the rising main l-band segment is over. Interpretation of the week, the market view, we think first of all with the "11" golden weeks of the advent of commercial retail, tourism, food and beverage and other consumer topics represented by the companies still expected to active, we believe that consolidation in particular, low-build Recently potential in the full G-100, G 100 large and G co-investment opportunities for friendship will come. Secondly, the gradual and reasonable valuation cases, the structural adjustment within the market is conducive to the spontaneous flow of funds to those high-quality large cap blue chips, with the fund and QFII, insurance funds and pension fund investment in a significant increase in margin trading, and The introduction makes the blue-chip stock index futures has become an important resource allocation, while the high-quality blue chips is still the preferred orientation of these institutional investors. With the increasing number of new blue-chip funds transfer, underestimate the blue-chip pulse opportunity in the fourth quarter more, which is why the Bank of China, G Unicom, G Long electricity, G, and G Fujian China undervalued blue-chip high-speed, etc., should adhere to the center line bargain-hunting mainly absorbed.
From the midline, the current multi-year layout of the main varieties of institutions will be surfaced in the fourth quarter. In our view, machinery and equipment, 3G software and energy stocks such as the growth plate in the main field of vision will enter. In many ways the country is strong support for equipment manufacturing industry, technological innovation, not only through tax incentives, but also create demand directly through the procurement of the specific point of view, power equipment industry, the state's new energy devices and electrical equipment on the first and second input remains high, the relevant listed companies, such as TBEA, the National NARI, G Huaguang, Xu G Zhejiang relays and the sun will be directly benefits; while national railway equipment manufacturing industry, high-quality corporate G start times and the north, G iron In 2007, the performance will be greatly increased.
Machine tools and military industries is also a state-sponsored industries, with a core competency for growth stocks. Recently the State five ministries and commissions of export tax rebates on some industries will be with effect from September 15 to adjust the textile industry under the impact of the largest non-ferrous metals and iron and steel industry will be 8% and 5% to cancel. And major technical equipment, some IT products and bio-pharmaceutical products as well as some of the state's industrial policies to encourage export of high-tech products export tax rebate rate from 13% to 17%; parts, processed agricultural products as raw materials, export tax rebate rate of 5 % or 11% to 13%. The company has benefited from G Shen Machine, G Qin development, Shanghai Mechanical & Electrical, G Houston, G into the hair, Zhejiang, medicine, etc., especially for the export proportion of G into a hair larger companies benefit from the obvious. Defense industry also has orders for shares at the same time increasing the performance of listed companies is expected to increase, while the injection of military assets, will quickly increase the value of the relevant month it is expected. If G and G XAC rockets.
Finally, from the midline of view, the extension produced by injection of assets-style expansion will become the main part of the new institution's values. In-floating system, the listed company's growth has not only a simple endogenous growth through the realization of major shareholders of these companies are bigger and stronger performance of listed companies will grow by leaps and bounds, thus, the overall market, asset injection, and to re-structure a variety of ways such as extension-type expansion will allow listed companies to profitability and growth is expected to undergo significant changes. This is its central holding firms listed companies is expected from the restructuring of the central enterprises to get more into quality assets. We continued growing and the layout of the "catalyst" for the stock.
