Category: Money Tips Date: 2006-03-20
Revaluation in the new round of turmoil for many years been seen as a market, "vane" and struggling to fund investors in a multi-stationed at the edge of the 1057 points will do the opposite as the recent market, "Air Force Commander" .
The Awkwardness of Fund also hit by the "air strike" in the value of the fund arising from the revaluation adjustment of investment strategy, investment opportunities are also being nurtured.
Fund "defection" has tricky
Since the entry in May, transportation, ports, petrochemical, chemical, pharmaceutical and other funds Shigekura species have a continuous sharp fall in stock rebound yesterday, dragged down again, "hind legs." Once high-flying leader Awkwardness Shanghai Zhenhua Port Machinery in May since the decline has been as high as 26%, yesterday's decline again in contrast to a rebound in stock; In addition, modern pharmaceuticals, and other Tasly Awkwardness is also included decreases in the front table. The recent market characteristics of these two gives us a deeper level of inspiration.
First, although the first settlement on the topic of split share structure has been discussed for the pilot has cooled, but the Fund but the sharp decline in Awkwardness, and has not been eased, and continue to render Awkwardness of the spread of momentum, not a huge drop in The Awkwardness of Fund will soon appear Budie, valuation storms will also develop in depth.
Second, the expected impact of the yuan will appreciate the largest Zhenhua Port Machinery, China Shipping Development and other varieties of export earnings has been generally substantial adjustments had to digest revaluation losses, but the recent appreciation of the renminbi is expected to gradually weaken the case, the Fund is still Awkwardness substantially decreased. Clearly, the resulting decline Awkwardness of Fund is due to the deep-seated and fundamental factors, macro-surface changes caused by the fund for its initiative Awkwardness lighten up and lighten up positions aimed at restructuring and strategic re-layout.
Investment opportunities are being nurtured
It is based on the above analysis, a new round of revaluation turmoil, new investment opportunities will again appear. The past two years, subject to macro-regulation and on factors such as rising raw material prices continuing to slide, cycle-based industries will usher in new opportunities.
First, the fundamentals are strong opportunity for improvement is welcome shares the main driving force. On the one hand, China's implementation of macroeconomic regulation and control has been more than two years. Released in April from the recent macro economic indicators have been the beginning of the current results, except for few individual has been basically restored stable. With the weakening of macroeconomic pressures, periodic restoration of the industry cycle will also be opportunities to re-welcome. On the other hand, the first quarter of this year due to rising international crude oil prices, and pulling the relevant prices of mineral resources to drive a substantial increase in raw material costs related industries, cyclical industry, the valuation of listed companies have lowered, and as international crude oil prices since the second quarter The decline, in the first quarter, prices of raw materials affected by the cycle-based industry, the industry began to recover once again faced with the inevitable revaluation of its valuation is also expected to increase. In this effect, banks, automobiles, and power-cycle-type blue-chip varieties have strengthened recently, and is expected to again be institutional investors of all ages.
Secondly, through the recent trend is not difficult to find in the port, medicine, etc. The Awkwardness of Fund fell sharply, while the blue chips are also brewing rebound, its stock market performance in the past two months in advance has long been stabilized and showed a low cross - plate shock movements, and the index continued falling against the formation of patterns. With the market index at 1047 points, a rebound is expected to gradually rise above, once the market stabilized, a number of blue chips will usher in a rebound opportunity.
