Category: Money tips Release Date: 2006-08-06
Source: Min Fa Securities
Today, Shanghai and Shenzhen to undertake a substantial rally last weekend, opened higher, but the broader market has also led to massive short-term driven up short-term have been against the plate, Hu Zhi commenced after opening break 1650-point intraday adjustments. Intraday volatility from the two cities the trend of finishing, the market in the long-term Xishou mentality more apparent, the two cities were not fill out the same day stock gapped gap was re-pull up late and weak real estate plate for a long time to re-strengthened, the two cities indexes are based on the date of the final closing high, the overall point of view, incremental funding approach accelerating trend.
The weekend news, Shanghai and Shenzhen Stock Exchange has issued a new "Exchange trading rules" whose outstanding feature is the rotation of concern for the previous market transactions, opening up drop restrictions on brokerage margin trading system as well as market-maker system, and so on reserved for the system interface, the new trading rules also introduced a market order of this new means of transaction, such a move will largely play an active market and increase the role of trading.
Today, the performance of individual stocks, first of all, Sinopec, G Long electricity and G shares of Baoshan Iron and Steel and other indicators in the completion of the task of boosting sentiment index after excitation into the disk to adjust the indicator unit solid performance for the individual stocks of the echelon wheeled to establish a solid platform, but also free up the performance of other stocks of the index space. Second, non-ferrous metal plates continue to be strong, the main species such as the G Lu gold, G Zhongfu Dengjun early Feng Ting, and Su Liang showing up as the market trend Xishou, non-ferrous metal plates in the business this year is optimistic about the expected performance under its follow-up was still worthy of optimistic. In addition, from today, stocks rose board point of view, are mostly occupied by low-cost compensatory growth species, a large number of long-term poised or passively with the broader market stocks noticeable rise in incremental funding to actively promote the feature.
Despite the short-term gains in Shanghai and Shenzhen stock index higher, but the index stocks steady, while a large number of individual stocks to be compensatory growth and will provide the impetus for the broader market continued to rise, so should continue to actively participate in current operations. Incremental funding approach from the point of view, should focus on high quality low price yet to be compensatory growth stocks, such as coal, automobiles, steel, water, highway and other cyclical industries are classified as pre-class section.
