Category: Money tips Release Date: 2006-03-13
Great Wall Fund recently released report of the fourth quarter of the investment strategy that, given the good economic environment so that investors remain optimistic about the future economic trend in mentality, in the fourth quarter of excess domestic liquidity and other reasons the situation is unlikely to improve and promote the game in the fourth quarter price rise will continue to continue.
Great Wall Fund, pointed out that the third quarter witnessed a number of macro-control measures intensive introduction, from the central bank twice raised the deposit reserve ratio to increase deposit and lending rates continued to tighten the supply of land from the state to control the intensity of the increase in real estate, from the economic the means to administrative and legal means, the effect of these macro-control measures will be gradually revealed in the fourth quarter: fixed-asset investment growth has slowed down, CPI will continue to maintain low inflation pressure for countries to further introduction of more stringent macro-tightening measures to reduce the possibility of increasing the domestic macro-economic will to sustain a faster growth rate, a good economic environment so that investors remain optimistic about the future economic trend in mind, investors increase the degree of risk appetite, risk tolerance increases, investment in non - Imagine a large space with high certainty of the "adventure enthusiasm" greatly increased.
Great Wall Fund, said the fourth quarter of excess domestic liquidity situation unlikely to improve. A result of huge trade surplus continued to increase the supply of base money and the state-owned commercial banks, as listed capital brought significant growth of the domestic banking system in a structural surplus of state funds. The central bank to commercial banks to tighten lending, so a lot of money need to find new channels and revenue opportunities. Chase assets in excess of funds would occur steep price rises, or even bubble. As opposed to massive funds, more than 1,300 listed companies are still "scarce resource", so money chasing assets, propelling the stock of the game in the fourth quarter will continue.
The global situation of excess liquidity will continue to short-term, overseas markets will continue to receive support in order for domestic investors optimistic about the psychological support.
Great Wall Fund, suggesting investors look at a regional investment opportunities. Tianjin Binhai New Area as the country unprecedented in terms of policy, funding support is expected to be the next one, "Pudong", become the new testing ground for innovation. Tianjin Binhai New Area will become a continuing hot market, Tianjin listed companies from "concept" gradually become reality, while investment in these companies will have strategic importance.
Great Wall Fund also believes that institutional change will have a tremendous investment opportunities. Two tax merger, the export tax rebate rate adjustment will allow banks, machinery and equipment and other industries benefit from the listed companies, valuation levels will be raised subsequently. The introduction of margin trading, stock index futures is approaching, will hold the market's leading blue chip companies have a new understanding of the value of the investment value will thus be raised.
