Category: Money Tips Date: 2006-01-12
Source: Oriental Fortune
Today, wide oscillation index. Shanghai Stock Market today opened 3708.57 points, up 3769.25 points, the lowest 3653.99 points to close at 3743.96 points, up 23.43 points, turnover of 176.77 billion yuan, up 345, down 522; Shen Chengzhi, today opened 10,624.53 points, the highest 10,745.51 points, the lowest 10,456.30 points to close 10,668.27 points, down 0.77 points, closing 85.99 billion yuan, up 218, down 369.
Message surface: In order to improve the first day of IPO pricing efficiency and reduce the price limit to declare the real price for investors to declare the impact of the Shanghai Stock Exchange announced yesterday that the rules of the trading restrictions related to the magnitude of the price part of the provisions be modified.
National Development and Reform Commission yesterday released the "China's financial development strategy of the overall study" the report said, with the deepening reform of state-owned enterprises and the population aging trends in the development of the social security system will greatly speed up their financial investment promising. With the expansion of the insurance industry functions, the insurance funds will be more through the capital markets development, and as an important institutional investors, and financial market development, the formation of benign interaction.
Shanghai and Shenzhen stock markets opened lower morning and quickly test a low, morning is basically a volatile after the funds have the purpose of midday pulling large capitalization stocks, especially the Yangtze River for electric oscillation index climbed, to the Shanghai stock market closed up 23 points, the Shenzhen market was down 0.77 points, , Liangnengweisuo larger, but still support the market trend in the scope.
The rapid decline early stock market, popular with today's "People's Daily editorials will be issued tomorrow!" Related to the amount of shrinkage could explain the market at this point and will also cautious, but the market or the market should be based on trends prevail, the trend is the objective exist. Look around, and now the general mentality of the investors in an extreme contradiction, both want to get pulled up when the acceleration huge profits, wants to flee ahead of the success of the top, daily swings between greed and fear, the results of both worlds is likely to be has become a family fell into the water, they must either choose greed, fear, or choose, the results should be better than the swing.
Disk observation, steel, media, and electrical appliances are active, while the indicators of stock in a state of collective adjustment, China's Ping An and other financial shares fell, while restricted stock for further gains. Individual stocks, the Northeast Pharmaceutical, Haixin, and Tianxing Instrument, Wuzhou Pearl, Dongsheng daily limit the impact of science and technology. Standings did not decrease the ST shares of stock reform, and some high-priced stocks fell in front, but the number was small, or less, structural adjustment is still underway. Bank stocks rose significantly, as pre-market's blue-chip behind the plate, the recent short-term technical adjustment in place, Huaxia Bank, China Minsheng Bank, China Merchants Bank, Shanghai Pudong Development Bank, Industrial Bank, Industrial and Commercial Bank, Bank of China have strong contrarian. Financial sector's strength on the one hand because of a technical rebound in demand because in a bull market pattern after the adjustment, a strong rebound in each section will be a normal, on the other hand with the relevant policy news there is a big relationship. World-renowned consulting firm in Boston reported that the table cloth, the competitive strength of China's banking sector is increasing, the performance of the past five years has exceeded the West Bank. At present, three state-owned banks crowd in the world's top ten banks in the column, which greatly improved the comment in the market for the valuation of bank stocks has been high confidence in the Government today made up of the financial sector reform plan Investors also for the future have a clear understanding of the development.
There are market analysis, Hu Zhi at the bottom, the steady rebound, although the top of the pressure, but the upward trend of inertia, as well as a large off-site resources, there is the expansion of investor confidence, have led to the index does not have the down the space, particularly in the weight room for blue-chip as a whole did not fall against the backdrop of Hu Zhi shocks in the short term after the attacks will continue to have the upward force and decided to increase the power of space on the weights come from the Index.
Steel and brokerage operational concepts and the active involvement of banks and other blue-chip funds, cause for concern.
