Category: Money Tips Date: 2006-09-10
Recently, at least three well-known Master of the Chinese stock market international investment made their point of view, three masters are telling their own stories, pointing out that the direction of mixed, giving investors no small confusion.
Daryl Guppy on China's stock market has entered a bull market is undoubtedly the most exciting to judge. Although it was said Daryl Guppy is a prominent international mature market, the godfather-level figures, but the fame of its battle with the composite moving average analysis of whether the law can be applied without any obstacles the Chinese stock market, there are some doubts. China, who declined to be named technical camp believe that the share reform experiment, the entire market has undergone tremendous changes in market conditions, including pre-and post-float market capitalization very different, and so therefore two completely different markets, not to simply use a number of technical means of analysis; foreigners difficult to understand the tremendous changes that may be acclimatized. The country people in the field of technical analysis may also be far from enough compared with Daryl Guppy, but the Chinese stock market "Chinese characteristics" to understand, is not touched in Daryl Guppy can be compared and the. His criticism of the number of points of Daryl Guppy's weak spots.
Relative to the astonishing glimpse of Daryl Guppy, the Rogers Chinese stock market should be regarded as an old acquaintance. Rogers to make irresponsible remarks on China's stock market does not get off at the beginning of the Walawala, but the opening of B shares in its account after five years. In May 2004, Rogers in Beijing, Shanghai, Shenzhen held a three lecture circuit, he said: "China will give investors 10 years, there's money, but I will not now buying Chinese stocks, in the next 4 to 16 months, China's stock market will fall into the gutter. "Rogers's prediction seems to happen. By the end of January 2005, he corrected himself and said: "If 100 million, I suggest that investment in China's stock market." In his view, A shares are in the short-term downturn period, the bottom of the impending, about to usher in the first wave of the bull market. But the real bottom but it does not appear in the time he spoke, but almost half a year later. The so-called difference being the least bit, absurdity thousands of miles, if someone meticulously according to the instructions of Rogers, it would mean that loss was tragic? However, Rogers will not recognize this account, and he always not without cunning, said: "It's not that let you buy now, but that future opportunities."
There is also a root authority called the charges, said that China is now the stock market bottoming out too early. Fagan Stella Zi Mu is the director of research at the global consulting firm, he is on the split share structure reform, but it is also pointed out that the share reform alone not enough to achieve the revitalization of China's stock market purposes. In his view, the market responded positively to the reform measures, because investors have been compensated, they are now optimistic, because a large number of non-tradable shares has not yet entered the market, once a large number of entry, the market will be further lower.
To be honest, Fagan on the split share structure reform point of view in some areas and I closer. However, despite this, I was about why he is so surprised to see a stranger on the stock market to make such comments in the offing. Taking into account OFII reform of the machine to take advantage of a large number of stock holdings of A shares of the reality, I do not know Fagan's remarks whether any particular purpose, is in line with QFII operations, or is it deliberately put a smokescreen?
An indisputable fact is that, in addition to the direct or indirect investment in China's stock market Soros and Buffett, the rest of the so-called Master of International Investment in China's stock market is not much voice. In this regard, Daryl Guppy's weakness can say is their common weakness. The contrast is that both Soros or Warren Buffett, did not mention the Chinese stock market has never been a speech. This allows us could not help but recall the proverb: do not call a cat catches mice. Of course, not a cat-and-mouse scream aloud, and not without reason, only people between the moment of truth is not easy to figure out Bale.
