Category: Money tips Release Date: 2006-03-28
Source: Kim Merrill Lynch Investment
1, Market Guide:
Shanghai Stock Market Tuesday tape for a strong finishing, and then pull the small Yang Xian, Shanghai Composite closed at 1657 points, up 8 points, amounting to 32.2 billion into gold, with basically the same as yesterday.
Message level, the State Council yesterday forwarded the Ministry of Construction, Development and Reform Commission, Ministry of Supervision, Ministry of Finance, Ministry of Land Resources, People's Bank, State Administration of Taxation, Bureau of Statistics, China Banking Regulatory Commission and other nine ministries and commissions "on the adjustment of housing supply structure to stabilize housing prices of the views of , "" provided from June 1 onwards, 90 square meters of personal housing mortgage loans down payment shall not be less than 30%; commercial banks nor the proportion of project capital not reach 35% of the real estate enterprise and other loan conditions loans; right to purchase a home resale transactions in less than five years, according to its house sales income of the business tax in full. "It appears the country firmly curb the irrational real estate prices rising great determination, and real estate products to face re-shuffling, the strength than the bad real estate company will be a litmus test. Some media reports, "China Banking Regulatory Commission has just issued a few days ago to the Bank of China A-share listed in the approval, the approval process has been transferred to the SFC. But for the Bank of China issued A shares in June saying that a person can not control it fast. "Bank of China issued A share market has long been well known, but not in the market in June but delayed, impact on the market will be delayed.
As the index had been rising for three days, and therefore broader market early today, finishing out of the trend, but the market is support for strong, the market continued to show a hot spot emerged in a diversified, G Maotai another diluted share reform led to a new high strength alcohol plate, while G Moutai and G Marine of another ex-high display of the main high-priced blue-chip growth stocks, "Yao Ding Aoyama do not relax," promise to be the determination of the value of investment in the end, which further expand the market room for imagination very useful. The Maotai put warrants listing as high as 900 percent or more than stunning, but also led a number of put warrants collective upside. In stock finishing, the warrants became a paradise for speculative funds, G 31 of the non-tradeable shares will soon have a continuous fat edge upside, that the market came out of non-tradable shares is not afraid. Military plate after a short space again after a whole body strength, such as the Hongdu Aviation, Hafei shares are a strong upside, the new G-Xiang electric energy sector, G Shanshan, also showed strong, while the real estate section in the introduction of a time when bad increased rather than decreased inflation, the underlying cause is that some time ago again weakening real estate stocks have done a fully digest the bad, today's advantage of this opportunity in this endeavor. The non-ferrous metal stocks also rebounded sharply, there came back to sign. Weak performance is mainly petrochemicals, iron and steel as well as the financial sector. China Petrochemical to continue to focus on the broader market down the formation of a certain inhibition, G Baosteel also clearly led to two days before the callback and the strong performance of the steel plate to suffer an overall decline. Generally speaking, most cattle early non-ferrous metals, real estate stocks will remain repeatedly finishing among the indicators of shares issued in recent stage it seems difficult upward force, the market opportunities are mainly in the previous stage on the flat of the compensatory growth stocks, the main one has a clue mergers and acquisitions and strategic reorganization of subject matter stocks, or by 3G, digital TV, bio-medicine, science and technology class, represented by stocks and the third is the market ignored the cyclical nature of pre-trade stocks, such as ports, electric power, transportation and other plates.
Tuesday tape Xianyihouyang, in the red after three soldiers out of a long-closed under the shadow of a small Yang Xian, not only short-term profit-plate once again to be digested, but also a good technical shape to be repaired, no doubt very beneficial for the afternoon. Hook up again on the 5th and the average head, issued Jin Cha buy signals, market outlook is expected to re-up attacks, and create a new high round Quotes.
2, the operation recommended that:
1, position: 60%
2, attention: cheap oversold stocks
3, hot Analysis:
As the index had been rising for three days, and therefore broader market early today, finishing out of the trend, but the market is support for strong, the market continued to show a hot spot emerged in a diversified, G Maotai another diluted share reform led to a new high strength alcohol plate, while G Moutai and G Marine of another ex-high display of the main high-priced blue-chip growth stocks, "Yao Ding Aoyama do not relax," promise to be the determination of the value of investment in the end, which further expand the market room for imagination very useful. The Maotai put warrants listing as high as 900 percent or more than stunning, but also led a number of put warrants collective upside. In stock finishing, the warrants became a paradise for speculative funds, G 31 of the non-tradeable shares will soon have a continuous fat edge upside, that the market came out of non-tradable shares is not afraid. Military plate after a short space again after a whole body strength, such as the Hongdu Aviation, Hafei shares are a strong upside, the new G-Xiang electric energy sector, G Shanshan, also showed strong, while the real estate section in the introduction of a time when bad increased rather than decreased inflation, the underlying cause is that some time ago again weakening real estate stocks have done a fully digest the bad, today's advantage of this opportunity in this endeavor. The non-ferrous metal stocks also rebounded sharply, there came back to sign. Weak performance is mainly petrochemicals, iron and steel as well as the financial sector. China Petrochemical to continue to focus on the broader market down the formation of a certain inhibition, G Baosteel also clearly led to two days before the callback and the strong performance of the steel plate to suffer an overall decline. Generally speaking, most cattle early non-ferrous metals, real estate stocks will remain repeatedly finishing among the indicators of shares issued in recent stage it seems difficult upward force, the market opportunities are mainly in the previous stage on the flat of the compensatory growth stocks, the main one has a clue mergers and acquisitions and strategic reorganization of subject matter stocks, or by 3G, digital TV, bio-medicine, science and technology class, represented by stocks and the third is the market ignored the cyclical nature of pre-trade stocks, such as ports, electric power, transportation and other plates.
4, Stock Market Gold Rush:
G Double Star (000,599): re-soaring lead blowout
G Double Star (000,599): in 2000, the company through the holding, absorbing a consolidated basis, the White Qingdao Huaqing Industrial Group, has entered the tire manufacturing business. Company has basically formed an annual production capacity of 1.5 million units, expanding the size of the industry rare. More good news is that, in 2003, the company invested in expanding its high standards, modern agricultural tire production line, so that agricultural tire production capacity to reach 2 million units / year. Into the tire industry since 2000 has been, Qingdao Double Star has invested nearly 10 billion yuan into the development of tire industry, as at the end of 2004, the company entered the domestic tire out of the top five. In addition, the company also completed the restructuring of Dongfeng tire acquisition. So far, the company took only five years, and replace the domestic tire industry leader position, and the present, G Double Star break tire production capacity of 10 million units, its the largest tire maker unshakable position.
2005 annual report, company to complete the main business income of 3,097,047,500 yuan, increased 33.25% over the same period the previous year, of which main business income of the tire to achieve 2,550,524,900 yuan, an increase over last year as high as 39.17% over the same period, growth is considerable. The company's main business of the respective profit and net profit of 312.6065 million yuan, and 61.8515 million yuan, respectively, compared with growth of 37.54 percent a year earlier and 50.55%, indicating the rapid development of an exciting trend. The company expects full year 2006 core business revenue strive for new growth, operating performance levels to a new level.
Shares of the company earlier had changed, the program for 10 to send to the price of 3.5 shares, while non-tradable shareholders promised to ban after the expiry of the sale price is not lower than the latest audited net assets per share weighted average twice as high. Company's current net production per share 2.18 yuan, which is the majority shareholder has promised not to at 4.36 yuan price reduction, while the current stock price is less than 3 yuan, is clearly the major shareholder of the company's future development and stock prices have sufficient confidence to perform well, At present, there are close to 40% of price arbitrage space.
The secondary market, the stock diluted share reform has undergone months of cabinet vibration, there have been signs of new money Jiancang, Japan and charts to form a composite head and shoulders on bottom-up break. Tuesday in heavy volume put up offensive Yang Xian, MA systematically and comprehensively take a good, display Xipan has ended, the market outlook is expected to accelerate out of the soaring market, can focus on.
5, stocks recommended:
G Double Star (000,599): the pride of the company from the original shoe through the holding, absorbing a consolidated basis, has entered the tire manufacturing business has now become the largest tire manufacturer. A substantial increase in company's 2005 results, showing excellent momentum of development. The secondary market, the stock-day chart on the form a composite head and shoulders bottom-up break. Tuesday in heavy volume put up offensive Yang Xian, MA systematically and comprehensively take a good, display Xipan has ended, the market outlook is expected to accelerate out of the soaring market, can focus on.
