Category: Money tips Release Date: 2006-07-29
Source: State Yuan Securities
The Shanghai and Shenzhen cities yesterday's heavy volume shocks, high pull-out hanging doji shows that long-short market, further increase the differences.
In news, the Securities and Futures Commission Chairman Shang Fulin stressed the need to continue to strengthen the basic system construction, speed up market innovation and development; In addition, the Ministry of Construction said that the macro-control policies on the real estate market may not be implemented, and should be a deadline for correction and related leadership responsibilities, Meanwhile, the Commerce Department also said that strictly limit foreign investment in real estate. These two policy aims to effectively control the price rise, it will produce a certain pressure on the real estate section.
Intraday observations, ST shares and non-stock reform stocks continue to be a bright spot in the market, the performance of clutter stocks, the market focused on low-priced hot stocks on the subject. Intraday financial and real estate stocks lower, led the market's decline, such as banking stocks ICBC, Bank of China; real estate stocks such as China Vanke A, Poly Real Estate, real estate investment have declined.
For now, the market-oriented non-mainstream varieties of hot money of the market, further increase the market speculation and the volatility of the atmosphere, so that money-driven market, so that cap, lower-rise with a large speculative and risky, Of course, cap, lower market reports reflect the characteristics of individual major expansion, in particular, especially in the new account opening shareholders, which is difficult for the recent decline in the market one of the factors.
Technically, in the broader market has increased the upper channel rail, afternoon if they can not effectively break the track, there are likely to drop, investors should pay close attention to trends and movements of blue-chip plate. Is estimated that tape will still be a substantial oscillation afternoon, the operation should take a precautionary principle, the short-term access.
3071.8 points yesterday, benchmark Shanghai Composite Index opened up to 3085.3 points, the lowest 3008.2 points to close at 3074.3 points, up 3.1 points on turnover of 105.49 billion yuan; Shen Chengzhi opening 8426.6 points, up 8494.8 points, the lowest 8283.1 points to close at 8489.9 points, up 55 points, on turnover of 57.28 billion.
