Data:2009-12-12 2:34
Category: Money Tips Date: 2006-07-07
Source: State Yuan Securities
Monday stock market index dropped weight under the influence of Hu Zhi morning Tiaokongdikai, multi-covering the gap and then no initiative in trying to speak in the afternoon the short side once again to take the initiative, Bank of China and even hit 3.22 dollars low, panic selling incremental-stock index is based on a minimum of basic points. Shenzhen Composite Index is currently re-approaching the half-line, covering the May 9 gapped gap is only a matter of time, today's Number Change contrast also reflects this pessimistic expectations. Varieties in order to observe the rally, T family mostly non-ferrous metals, there is no obvious representation in the Ruoshi, the rebound often trigger more selling pressure.
As of the end of July, project finance, the scale of more than 100 billion; the one hand, large-share listed noticeably accelerated pace in order to determine the current funding rate is expected in 2006 A equity financing is expected to more than 170 billion, while the total market value of newly issued shares is expected to 9 months more than 4 trillion, close to new from the old before the total size of A-share market. In other words, 9 months will be re-1 A-share market. A short-term equity financing to accelerate the scope and process, is to promote an important reason for market adjustment.
On the other hand, in August of this year will usher in the climax of non-tradable shares lifted the whole month will have 33 companies gradually lifting the ban could be reduction of market value of 31.354 billion, of which the proportion of shareholding of less than 5% (referred to as "small non-") the size of the original non-tradable shares reached 25 billion, although a far cry from the total financing, but the "small non-" Reduction of the impact on investor confidence is a huge chain. On the whole, the market decline has not changed a clear signal, despite the recent intraday do not rule out the emergence of a rebound, but the index has yet to return to a reasonable valuation range, investors continue to adopt a cautious wait-based.
