Category: Money tips Release Date: 2006-02-27
Source: Jin Securities Author: SONG Qing-dong
Friday tape the two cities showed a high order trends, early apparent high open-end index of the two cities are making a small Yinxian reported income, but the turnover a moderate activity, as well as the substantive report Zhong Pan Qian Qi Guan red indicates the market before the initiative Sexual changing hands is still very positive. Index runs from the day the trend point of view, early on the Shanghai Composite Index continued the strong features of the previous day's high jump 8:00 opening, and non-ferrous metals and some indicators of stocks suddenly driven to the 1690-point position, but the previous high of 1695 caused by psychological stress also contributed to the capital the previous day's short-term profit has taken rallies end strategy. Since then, accompanied by a large number of short-term profit-plate pouring, the two cities there have been a wave of stock less than the wave of lower order. After midday plate in Tianjin, engineering machinery, and coal, and other hot spots, led by an active index of re-strengthening, and has maintained the pattern of high order shock. Ultimately on the Shanghai Composite Index inched up 0.59 to the end of the red disc in June the last day of trading.
The surface of the weekend news, the new trading rules will be formally implemented Monday, June 30 at the same time the Commission has formally announced the "Securities Companies Regulations trial margin trading business" and "securities margin trading business the company internal control guidelines for the pilot," and is scheduled August 1 officially implemented. "Procedures" provides business brokerage business at least three years of innovative pilot securities firms will be the first pilot projects have been eligible for margin trading, while the "measures" and guidelines from the establishment of a complete management system, operational procedures and risk identification, assessment and control system on the made clear to the pilot's request. The "measures" that the market introduction of the early attention has been long margin trading policy will be officially launched at the same time also shows that China's stock market began with the single market can only do more can do into a long-short a bilateral market, which is At present the stock market in terms of nothing less than a major positive. On the other hand, since the method limits the conduct of the brokerage margin trading can only be innovative pilot securities firms, and therefore later in the brokerage industry will certainly lead to no small earthquakes, particularly in the broker is bound to generate more customer resources a profound impact. Another concern over the weekend news is: National Development and Reform Commission Friday issued an "out of control behind the total amount of iron and steel industry to speed up structural adjustment notice." The circular urges steel industry to promote a joint reorganization, in 2007 the focus out of years ago, and below 200 cubic meters of blast furnace, 20 tons and below, converter and electric furnaces and backward capabilities; phased out by 2010, and below 300 cubic meters of blast furnace and other equipment behind the ability to "Eleventh Five-Year" period, out of about 100 million tons iron production capacity and backward. Prior to this, the market namely, mergers and restructuring of the steel industry has given special attention, the notice will speed up the release optimization and reorganization of the steel industry and is expected to be around the latter part of the steel plate out of a wave of corporate restructuring of the acquisition of the more significant rally .
Surface in terms of the market, after two straight months in 1600, after finishing near the market the main funds have successfully carried out their own positions of structural adjustment in the first half of the non-ferrous metal hot stocks may have been gradually fading out, but in order to consumption upgrading and independent innovation, construction of Binhai New Area, featuring the three main themes of the new investment hot spot has been established market success. In the second half of the market will focus on three main themes of this magnificent bull market to continue to perform. In the index, while 11 Lian-yang situation in the short-term strength of the stock market in the Friday failed to continue, this does not mean that market conditions will tend to weaken in the short term, but in Thursday's Shanghai Composite Index, after the successful stand on the 1657 pre-adjustment of the shadow of Big Yin Xian has been completely absorbed. With Monday on margin trading stock index options, as well as a benign reaction to the Bank of China listed on the stock Wednesday traction effect, the two cities this week, the index hit a new high of this wave is already market proven facts. Therefore, in this week's operation, investors may continue to operate the main radical only in the data later this week of the stock market should pay attention to the market to inflate the index listing of the Bank of China raised the risk of short-term spikes down.
