Category: Money tips Release Date: 2007-07-08
Source: Guangzhou Bandung Author: Ling Xue-wen
Is the National Day holiday this week, before the last trading week, from Monday to adjust the operation of Shanghai and Shenzhen broader market shocks trend, the market appears more cautious attitude, while the short-term initiative to help further digestion callback technical resistance at the top of the box. Disk features from the recent run, around the RMB appreciation and the subject of speculation in oil prices triggered repeated active, including the financial and banking, real estate, aviation, particularly real estate and banking section as shock index in August rose has been a major push to do more one of the drivers. Another key concern of investors is characterized by disk in order to aerospace defense, 3G and IPTV, digital television and other independent innovation and technology topics enthusiastic pursuit of stocks by the market.
[Today's market conditions]
Monday shenhu tape showing the pattern of shock adjustments, including morning with the Shanghai Composite Index opened 1722.74 points, after 3G, IPV6 and other technology hot topics, as well as aerospace and military industry, driven by higher shock once, but by the 5 moving average back pressure; afternoon plate weakened by a number of individual stocks drag, stock-style diving down there one time, the minimum dropped to 1709.77 points, late in the tech sector stock, driven by active again pulled back to close at 1722.37 points to close out the yin doji. Shen Chengzhi trend slightly stronger than the Shanghai stock market, the recent rebound in a record high of 4320.58 points, after the shock to fall back and close out with a long upper shadow of the small Yang Xian.
From the disk situation, despite the broader market started to adjust, but the Stock Quotes to keep active, Taiji Industry, G your route, China Jian Tong, G Huasheng and other 11 non-ST stocks daily limit, most of which belong to independent innovation type stocks, including the military and aerospace Other technology stocks were more active subjects, in addition to, such as G satellite, G Air power, Eastcom Peace, G Purple, G laborers, Shanghai Science and Technology, Jiaotong University Science and Technology, G variety, G ICT, G Wing Ding, G ZTE, G Gao Hong and so on 3G, IPV6, digital television and other technology stocks overall performance of the theme of active and has become the biggest bright spot where the market Monday. In addition, the benefit from yuan appreciation of real estate continue to perform well plates, G Wanke, G the grain land, G Bao, G Shenshen Fang, G Jinqiao, etc.; a number of consumer topics including medicine, business and other firms have also been problems, such as G 100 Union, G Fosun, G daughter, Lukang Pharmaceutical, G medicine glass, G in the 100 and so on. It is noteworthy that, to benefit from international crude oil prices and the appreciation of the RMB a double positive for airline stocks sought after by the market, such as China Southern Airlines, Air China, China Eastern Airlines, G Shanghai Airlines and so on. From the drop table view, G Sinochem to build, G on the real joint, G-Chi Wang, Datong Coal Industry, G Wu and so on have significant diving, the highest decline in the forefront.
Monday, the Shanghai Composite Index opened to 1722.74 points, up 1732.28 points, the lowest 1709.77 points to close at 1722.37 points, down 2.99 points, or 0.17%, turnover of 23.196 billion; New Composite Index (000017) opened today at 1441.62 points, the lowest point of 1428.21 up 1449.16 points to close at 1439.96 points, down 4.61 points, or 0.32%, turnover of 19.928 billion.
Shen Chengzhi opened 4263.74 points, the lowest 4242.07 points, up 4320.58 points to close at 4271.97 points, up 2.04 points, or 0.05%, turnover of 11.694 billion. Shenzhen, a new index (399.1 thousand) to 1717.10 points, opening morning, the lowest 1703.46 points, up 1731.73 points to close at 1716.65 points, down 2.53 points, or 0.15%, turnover of 8.756 billion.
[Today In news]
Monday mainly in the following several news worthy of investor attention:
1, the SFC Fashen Wei tomorrow ICBC's A-share audit starter. As the first case of A + H sync with the price listed company, ICBC A shares starting prospectus disclosed that the three Aspect draft declaration. If all goes well, ICBC is expected to open this week, three pre-road show, in mid-October at the same time investors in the Mainland and Hong Kong public offering.
2, it is reported that management is currently being set up fund management companies brewing exit mechanism, when the deterioration of the financial situation of the fund companies are likely to lose eligibility of fund managers.
3, Chairman of China Securities Regulatory Commission said recently that the persons concerned, China Financial Futures Exchange expects that in the end of this year or early next year launch of stock index futures, the Commission is actively cooperate with relevant departments to the revision of the Provisional Regulations on Futures Trading and Futures Act in the drafting of工作. He also stressed that will promote the participation of relevant financial institutions to develop financial futures, the risk of internal control mechanism.
4, Shanghai and Shenzhen Stock Exchange today identified 11 listed companies to enter the 51st batch share reform process, including the Shanghai stock market's Dongfeng Motor, Mailyard, Jinjian rice industry, the days of Section shares the constant group, power shares, * ST Songliao and three precision pharmaceutical 8, as well as the century of Shenzhen Guanghua, Zhongguancun, the South building materials, etc. 3.
5, 9 23, "China's Next Generation Internet CNGI model network core network CNGI-CERNET2/6IX" in Beijing, through the acceptance of experts organized by the Ministry of Education.
[Afternoon Brief]
Is the National Day holiday this week, before the last trading week, from Monday to adjust the operation of Shanghai and Shenzhen broader market shocks trend, the market appears to be more cautious attitude. In a recent analysis of market conditions I mentioned, the Shanghai Composite Index from early August to a record 1541.41 points, turned up to the recent high of 1746.61 points, a rebound, up more than 205 points accumulated at the same time by issuing new shares and holiday advent of the impact of technology Top pressure to gradually appear on the box. The author believes that the National Day holiday in the remaining four trading days before, the market will remain high shock pattern, while the short-term initiative to help further digestion callback technical resistance at the top of the box.
Disk features from the recent run, around the RMB appreciation and the subject of speculation in oil prices triggered repeated active, including the financial and banking, real estate, aviation, particularly real estate and banking section as shock index in August rose has been a major push to do more one of the drivers. G last Friday with the China Merchants Bank H shares listed in order to recruit G acts on behalf of the bank shares the trend of short-term shocks, and to run a certain impact on stock, but I believe that, A-share listed banks will benefit from China's economic rapid growth, yuan appreciation, good spreads widening, the potential is still worth looking forward to the center line.
Investors should focus on that Monday with the disk space defense, 3G and IPTV, digital television and other independent innovation and technology topics enthusiastic pursuit of stocks by the market. With the implementation of the strategy of China's independent innovation, the relevant listed companies will inevitably face a major development opportunities. China has the information industry as a breakthrough innovation, while the technology industry in the country has stepped up support and rapid economic growth has begun to pick up the next, with the "national long-term Science and Technology Development Plan (2006-2020)" and "10 15 "Planning for the importance of independent innovation capability, science and technology industry faces enormous development opportunities, especially in the software, communications, industrial chain, new electronic components and other technology industries are expected to explosive growth. August 29 release of "Information Industrial Technology Development" Eleventh Five-Year "plan and 2020 long-term planning framework" shows that our country will be integrated circuits, software, new components, high-definition digital TV, broadband wireless mobile communications, next-generation networks, network and information security, home network and intelligent terminals, automotive computing platform engineering, agricultural information platform, intelligent transportation systems, information industry and information technology service platform, scientific research platform and service system for 13 major projects focus on research. While noting that the above-mentioned major projects related to listed companies involved have begun to take an active interest by the market, we recommend investors continue to closely track.
