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Data:2009-12-12 2:34
Source: Guotai Junan
Disappeared two weeks later, the Shanghai Composite K, we once again saw a chart in Yin Xian. But the volume has not been reduced, but rushed into the 20 billion mark, so the amount can be gradually enlarged, as well as information on better broader market faster surface will lead to the root Yinxian digestion. More noteworthy is that today's real estate stocks remained strong feature of this bull market hot plate indispensable trend of the market outlook worthy of our focus.
Three factors have contributed to real estate Quotes warming
Recently, many stocks that hit a new high straight, which is extremely eye-catching addition to a number of Olympic-related stocks but also have to Poly Real Estate, G Vanke A, G, led by property stocks such as China Merchants. Poly Real Estate and especially the performance of the most praiseworthy, the Unit for 5 consecutive trading days has hit a new high, up to 21%. So why real estate stocks will be out of such a position?
First, the background from the point of view, the RMB exchange rate parity has been hit three consecutive trading day a new high since the exchange rate reform, since the accumulated appreciation of the exchange rate reform has been reached 1.868%. Market analysts believe that since the exchange rate reform a good adaptability of our economy, macroeconomic regulation and control needs as well as ways to reduce exchange rate risks enterprise solutions, multi-together will promote the yuan to a long time, large fluctuations in the trend of appreciation. Real estate as the most important long-term investment in fixed assets will undoubtedly benefit from the currency appreciation. Second, from a performance point of view, thanks to the hot real estate industry in recent years, coupled with the growth of settlement projects, and many appeared in the performance of real estate stocks turning point or a new growth point, real estate section mid-year report performance resulting in a very strong eye trend. More importantly, the new accounting standards will be implemented in January next year, will further promote the market for real estate stocks on the shift of the focus of the next valuation of optimistic expectations, performance of property stocks will continue to grow steadily. Effects from within the last point of view, the country's new real estate regulation and control policy for real estate credit, made no small investment restrictions, the most immediate consequence is that competition in the industry to expand, corporate survival of the fittest, the more money the company earns more money, the more money the company more favored by investors, "Malone effect" gradually intensify. The advantages of high-quality real estate stocks will be more apparent.
Bull market in real estate stocks continue to perform essential
Since August, the market is more clearly the concept of the hot plate and real estate course ought to Olympic plate. Olympics concept stocks in the index in August a few winding paths of the process has played a crucial role, while the real estate section also contributed. Quotes Throughout August, the real estate section of the plate is always in the most active among the repeated strength greatly boost market sentiment. Especially in the benchmark Shanghai Composite Index breaking 60-day moving average that day, Poly Real Estate limit-driven real estate stocks strong boost of the stock. From the view of Hong Kong and international stock markets, a number of major international stock indexes are inseparable from the sustained bull run of the strong real estate stocks. Began in 2003 in Hong Kong the Hang Seng index of real estate bull market has created a big bull market in three years, from May 2003 of the 8338-point start, and now has surpassed the maximum 17,500-point mark, or to 109.88%. The Hang Seng Index since the bull market is still continued. Today, China's A share market is bullish recognized early in the first half continued hot non-ferrous metal plates built into the bull market in stock index led the cornerstone, but the plate will eventually withdraw from the mainstream, in the second half Quotes can be renewed the performance of property stocks can be described as extremely important. A sustainable and stable market for the mainstream hotspots will be able to effectively gather popularity, funding, while the psychological layers have a positive beneficial effect, so the interpretation of the next few years will be more Quotes passionate, so real-estate stocks in the next bull market will be, it must be an essential protagonist.
Concerned about the birth of a new theme
With the China Life A-share market is expected to visit, is expected to become the market shares of insurance, hot topics, taking into account the original landed in Hong Kong market, China Life Insurance to be Warren Buffett when the preference for unilateral price higher, so the concept of insurance is expected to help China Life Insurance has become a hot issue. Penetration into the company's annual report has a "Pacific insurance" equity investment of up to 7,000 thousand dollars, the future market will be a huge value-added hypothesis. In addition, the Company's investment in Bank of Communications up to RMB 13,577 thousand dollars, so companies have the most substantial financial idea. The secondary market, the stock price at the bottom of history, at present or not, there is a better low-cost 3 yuan a rebound opportunities, pay close attention.
