Category: Money Tips Date: 2006-04-17
Recent multi-tape in order to run a strong horizontal turbulence, instead of scrambling early, we believe that entering in April, the market faces uncertainty has increased, such as H shares may be ascribed to drop in company performance is not satisfactory, new from the old off is expected to increase and so on. Therefore, we believe that A-share market will be a certain level of adjustment, we recommend investors to adopt a relatively stable strategies, short-term operations should pay attention to the following two points:
First, we must continue to focus on H shares on the linkage role of the A shares. October 31 last year, started, A-share market performance and trends of Hong Kong equities exactly the same as the correlation coefficient between the returns of up to 0.6 above shows that Hong Kong shares with A shares of linkage between them is increasing. As the A-share market is becoming increasingly internationalized with the promotion of share reform gradually established under the action of the linkage effects, H shares, any minor changes will inevitably affect the domestic A share market. In addition to the broad market is currently outside the linkage effects, H shares of the company's stock position has played a profound effect on A shares, part of the H shares rose on the A-share market in stocks has a significant demonstration effect of hot spots. As the Hong Kong stock market information is often ahead of the A shares, the interaction of hot speculation, reminding us that Fried A look at H shares into shares of several trends of today, investors should pay close attention to the movement of H shares in the new from the old, before Investors can even take the radical HA linkage operation strategy: H shares may be bought up the relevant A shares, H shares or may sell the relevant A shares.
Secondly, in the shock pattern in the subject matter to pay attention to the theme of speculation. A greater impact on the mainstream blue-chip index is now built into the top stage of shock and even the band, but the recent G Jielong 5 consecutive daily limit of the powerful trend, bringing not only the "Disney effect", but rather to make money demonstration effect, reflecting the enthusiasm for funding to do more trips have been fully mobilized. Following categories of investors can now focus themes:
First, the concept of new energy sources, is now available to focus on wind energy-related stocks, such as the G-Xiang electricity. Over the past five years, cumulative wind power installed capacity of the world's average growth rate has remained at 33%, China plans to the scale of wind power by 2020, up 30 million kilowatts, with the current 760,000 kilowatts of wind power in China, compared to growth of wind power 39 times, visible growth of wind energy is no trivial matter.
Second, the concept of digital television. Digital TV users have been expanding, after more than a year of operation, the digital television profit model has basically taken shape, the future capital costs to upgrade, the incremental pay-TV revenues will allow network operators significant increase in profitability, G Gehua,. HtmlG Pearl , G radio and television will benefit.
Third, the concept of 3G. Domestic 3G is expected to gradually clear, is expected in 2006 for licensing, system equipment providers, system integrators, the first to benefit, G ZTE, Datang Telecom, G power source may be cause for concern.
Fourth, the concept of Tianjin Binhai building. The State Council has passed, "Tianjin Urban Master Plan (2005-2020)", will the development of Binhai New Area as the focus of efforts to build an international port city of Tianjin, northern China economic center and the eco-city. G Jinbin, G TEDA, G Tianjin Binhai New Area of Tianjin Port and other stocks may have a better short-term performance.
