Category: Money tips Release Date: 2007-01-17
Source: Department of Yang Investment
First, market trend: In today's Shanghai Composite Index opened 1727.91 points, up 1733.41 points, the lowest 1719.16 points to close at 1732.98 points, up 11.94 points. Shanghai stock market opened higher today, the morning after the broad market volatility adjustments, the gap in the gapped covering heavy volume after the broad market strength, with a final K-line on the Shanghai Composite Index closed up a vaginal discharge hatched bald Yang Xian.
2, the message face: 1, Zhou Xiaochuan: Future likely to face upward pressure on inflation. Central bank governor Zhou Xiaochuan said recently that China is making steady progress in the reform of the RMB exchange rate formation mechanism of RMB exchange rate flexibility, strengthened noticeably. Countries in the world should be a shared responsibility to address the imbalance in global economic development. He also called on States to oppose trade protectionism, with greater sincerity in the Doha Round negotiations progress. China's economy maintained rapid development, the overall situation is good. China's economy still faces structure is irrational, the environment and employment pressure and so on. Financial sector reform has made great progress, but to establish and improve the governance structure of the task is still arduous; inflation at a low level, but the future may face upward pressure.
2, IPO Inquiry issuing new regulations come into operation tomorrow. China Securities Regulatory Commission announced yesterday that the "ultimate version" of the "securities issuance and underwriting management approach." In the medium and small companies listed on board a preliminary inquiry by the direct pricing; offline subscription simultaneously with online subscription; lead underwriters can not refuse without good reason to attend a preliminary inquiry inquiry object; initial public offering of more than 400 million shares, you can Placing shares to strategic investors, but also may use the "over-allotment option (green shoe)" mechanism.
3, ICBC started nearly 18 billion A shares 36 billion H shares, as in recent years, the world's largest IPO. Industrial and Commercial Bank of China (hereinafter referred to as "ICBC"), will be accepted at the hearing this week, four and start over will apply, the ICBC has set the ratio of two shares, starting nearly 18 billion A shares, nearly 36 billion H shares, sources, two kinds of shares, if not entirely the same price will be very close.
Third, stocks observation: today's market, broad-market index stocks rose in a row after adjustment, but the general trend in the small-cap stocks is better, the Olympic Games, real estate, technology and space defense outstanding home loans to borrowers, there also appeared B shares of the overall rise. The two cities has more than 1,200 stocks stocks rose, G Wu Hua, G-Shenzhen Airport, G E Wu operators, G Air Power, G Ring medicine and so on with 10 non-ST stocks closed limit-price report; down the stock has more than 100 individuals; the two cities account for the vast majority of stocks rose.
4, analysis and forecasting, and investment operations recommendations: Today, Shanghai stock market opened higher on the morning after the broad market volatility adjustments, but the gap in the gapped covering heavy volume after the broad market strength, the final day on the Shanghai Composite Index closed up a K-line taken off the shadow line of bald Yang Xian, it is noteworthy that today's Shanghai and Shenzhen B shares have soared, B shares with the majority of daily limit. We believe that the broad market crossed 1700 points after a strong upward trend to accelerate, the current of the stock market for investors was a rare happy time, investors should seize the opportunity to get as many benefits for investors with short positions, and Qingcang concerned about the bottom of the form of good and start heavy volume stocks.
