Days to lead the market where the volume changing hands Money Tips

Category: Money tips Release Date: 2007-06-03

Source: Ling Xue-wen Guangzhou Bandung

Last week, the market continued to hit a single day and one week the amount of historical transactions days later, Monday stocks in Shanghai and Shenzhen Stock broad based, driven by continued strong upside and Quotes another new high of 13,000 points, in which Shen Chengzhi break integer mark, the two cities Total turnover reached 394.707 billion, again refreshed daily volume of traded days. With the index, rising high to run a massive amount of tape changing hands from one angle, the current market psychology radical and excitement, but also to remind the investors can not ignore the current funding-driven Quotes relatively strong speculative atmosphere of the possible index fluctuations. From Monday's market performance, asset reorganization, listing assets into the overall theme of the hype is still a hot market, where the chase. Worthy of investor attention, with the stock index futures the smooth progress of the preparatory work, management has indicated that the Shanghai and Shenzhen 300 Index futures will choose an introduction. As with index futures arbitrage, hedging, price discovery and risk hedging functions, so that may arise in the future the process of structural differentiation in order to weight the market represented by blue chip varieties of core assets is expected to once again become popular and rush to raise the main body The strategic objectives, investors weight the trend of blue-chip index stocks should be kept close attention.

[Today's market conditions]

Monday stocks in Shanghai and Shenzhen Stock broad based, driven by continued strong upside, and the prices high constantly being refreshed, in which Shen Chengzhi successfully penetrated the 13,000-point mark an integer, the Shanghai Composite Index hit a record high of 4283.93 points, closed at both Yang Xian, leaving a gapped gap, total turnover of about 394.707 billion a day, another single-day volume of traded days. Index runs from the day the trend and looking at some of the weight indicator stocks opened higher, led the morning session on the Shanghai Composite Index opened sharply higher to 4221.58 points, after finishing in the minor to continue to climb concussion after hitting a high shot up to the day high of 4283.93 points, after finishing the basic pattern of the maintenance of a high strength. Shen Chengzhi the corresponding high-opened high-away present trend, a record intraday high 13,125.35 points.

From the disk situation, stocks broad based situation, the Shanghai market Change Number ratio of 719:122, Shenzhen market, the ratio of 500:97 Number of Change. Or table, the Stock Quotes very active, the two cities a total of 58 non-ST stocks daily limit, including the Orient Tantalum Industry, Silver Star Energy, Finance Street, Huadian Power International, Xichang Electric Power, the new lake entrepreneurship, Hengtong optoelectronics. In particular, with the reorganization of assets, asset injection with the overall theme of the species listed on the market continue to be in hot pursuit, including the central enterprises holding Hudong Heavy Machinery, China Petroleum Chemical Building, Dongfang Boiler, Dongfang Electrical Machinery and so on. Worth noting that some weight-cap stocks have tended to target active, such as Sinopec, China Unicom, Industrial and Commercial Bank of China and so on, a good performance indicator stocks a strong impetus to focus on the broader market shift.

Monday, the Shanghai Composite Index opened to 4221.58 points, up 4283.93 points, the lowest 4215.24 points to close at 4272.11 points, up 92.33 points, or 2.21%, turnover of 261.066 billion; Shen Chengzhi opened 12,830.00 points, the highest 13,125.35 points, the lowest 12,830.00 points, close of 13,026.66 points, up 345.21 points, or 2.72%, turnover of 133.641 billion.

[Today In news]

Mon mainly investors to focus on the following information:

1, the SSE, the Ministry of listed companies, recently issued the "* ST and ST on the strengthening of the risk of revealing the company notice." Notification requirements, * ST and ST's controlling shareholders to be timely and practical information circularization controller, at least once every two weeks to disclose the risk of prompt notice.

2, sources said, not long ago, the Ministry of Labor and Social Security and the Ministry of Finance convened by some commercial banks and fund companies to conduct small-scale seminars, conferences on the basic pension insurance of workers invest in personal account management approach discussed. Meeting The message indicated that the basic old-age insurance fund personal accounts of investment management model will be handling the local social security institutions into the direct management of external financial institutions entrusted investment management, investment tools will be appropriately widened, bond and stock markets will become The new investment channels. Present, China's basic old-age insurance fund about 300 billion yuan.

3, China Securities Regulatory Commission Futures vice director of the China Futures Industry Association President Liu Chao recently revealed that various preparations of financial futures are actively and steadily push forward. Changes to the company's equity futures and financial futures various types of membership reporting, and audit work is being carried out. Futures company executives management practices and management practices futures practitioners will soon be promulgated. In addition, the China Securities Regulatory Commission and China Banking Regulatory Commission on the commercial banks to engage in futures and futures clearing business保证金存管developed jointly by the management.

4, China University of Political Science, Professor Liu Jipeng has revealed, the SAC on the "transfer of state-owned major shareholder of the management of state-owned shares of listed companies," the "state-owned major shareholder stake in the management of a listed company transferee," and so three documents are being sought the views of all parties. This means that state-owned shares will be included in the standardized management. It is understood that the industry is to seek the views of the transfer of state-owned major shareholder of state-owned shares of listed companies the relevant provisions in these Procedures, the transfer of state-owned shares within three years shall not exceed the ratio of the net outflow of 50%.

5, May 28, 2007 authorized the China Foreign Exchange Trading Center announced yuan central parity exchange rate: 1 U.S. dollar against 7.6512 yuan, a record high.

[Afternoon Brief]

Last week, the market continued to hit a single day and one week the amount of historical transactions days later, Monday stocks in Shanghai and Shenzhen Stock broad based, driven by continued strong upside and Quotes another new high of 13,000 points, in which Shen Chengzhi break integer mark, the two cities Total turnover reached 394.707 billion, again refreshed daily volume of traded days. In a recent analysis of market conditions I mentioned, with the index rising to run a massive amount of high tape changing hands from one angle, the current market psychology radical and excitement, but also to remind the investors can not be ignored in the current funding push Quotes a relatively strong speculative atmosphere of the potential fluctuations in the index.

In the article I mentioned in the previous session, analyzing the trend can not ignore the market's run to determine two basic logic: First, the sustained macro-economic growth has led to rapid growth in earnings of listed companies, and second, the trend appreciation of the renminbi under the situation of excess liquidity . That in these two fundamental factors support the inflection point occurred before the market as a whole is running upward trend will not be fundamentally reversed. Monday's strong upside market conditions and market turmoil in recent phase of the operation of upward trends have become the basic logic of the best construed the above-mentioned analysis. Despite the market's overall upward trend remains intact, but it does not mean that investors can participate in the market speculation blindly, but should focus on taking every Quotes stage of the mainstream hot trends.

From Monday's market performance, asset reorganization, listing assets into the overall theme of the hype is still a hot market, where the chase. I have been stressing, assets reorganization, listing assets into the overall performance of listed companies increased by leaps and bounds in an important way, but also corporate value and then the process of discovery and re-creation, merger and reorganization, asset injection and the overall market will continue to be "value into" Quotes of the hot spots and opportunities for continuous phase where the. In digging into the reorganization of assets and opportunities in the process, the author should pay special attention to a new emphasis on a central enterprise reform, reorganization of the hidden investment opportunities. From Monday the central market prices of listed companies holding outstanding performance and near-stage-related species have demonstrated a strong trend of the previous basic judgments. Adjusted according to state-owned assets guidance in key industries and key areas, state-owned capital will maintain absolute control, military, power grids, electricity, petroleum and petrochemicals, telecommunications, coal, civil aviation, shipping industries, as well as seven equipment manufacturing, automotive, electronics information, construction, iron and steel, chemicals, railways and other pillar industries will be the asset-intensive enterprises into the central place and the overall public sector.

Worthy of investor attention, with the stock index futures the smooth progress of the preparatory work, management has indicated that the Shanghai and Shenzhen 300 Index futures will choose an introduction. As with index futures arbitrage, hedging, price discovery and risk hedging functions, so that may arise in the future the process of structural differentiation in order to weight the market represented by blue chip varieties of core assets is expected to once again become popular and rush to raise the main body The strategic objectives, investors weight the trend of blue-chip index stocks should be kept close attention.