Category: Money tips Release Date: 2006-06-25
Source: Hangzhou New Hope Author: Ling Junjie
Operation and shares this week, the broad market dynamics are very closely linked, has gone through the Bank of China issued a substantial adjustment in the industry, as well as international shares listed Datong Coal Industry, the overall is very healthy, Friday to close at Qian Liu has been significantly above the strong features. On the whole, despite the lack of short-term upward momentum break, but the short is also very limited power, and long-short the two sides are evenly matched, and market stability and to undertake capacity has greatly increased from the previous month, compared with the market outlook and pave the way upstream. As time goes by, the market environment will be facing much better than expected, targets low stocks do more, flow of capital, to do more to increase variety and so is the broader market to maintain a strong market outlook has started an important basis for upside experienced short-term correction, the broad market is expected to help the Bank of China started issuing and listing this opportunity to once again rise to challenge the top of the important 1600-point pressure and resistance areas.
The reason why the maintenance of the current tape state of shock I could not embark upside, mainly because: First, lack of core do more varieties, can not effectively gather popular; 2, capital surface pressure is still not small, can not support a strong capacity to do more, but with the inside the main varieties of substantial adjustment as well as the gradual awareness of investors of new shares in place, such a negative situation will gradually improve and do more into strength, promote the broader market up, afternoon to do more kinetic energy mainly from the following aspects:
First of all, several indicators of short-term adverse economic stabilized unit, the power to do more, right to form a strong support. Sinopec have recently pulled up sharply, G China Merchants Bank, China Unicom, also entered the ascending channel to contain the spread of the strength of the short. Afternoon of view, heavyweight Sinopec leading the trend can still have high hopes, despite its popularity is no longer in the pre-match, but before entering the share reform program is still expected to make a final contribution for the tape to complete the task and to support the market stage a smooth transition, which is bound to the broader market has played a very positive role.
Second, the Bank successfully issued online purchase shares on the tape did not have a greater impact on the market to run smoothly, this also means that funds face huge detached will end, is expected to eliminate tape running the biggest disadvantage. This shows that the Bank of China issued the short-term negative effects have already been reflected in the pre-disk, so the past few trading days the broader market was relatively calm, which is the best hope for the latter part of the market, to withstand the pressure, then the afternoon will face the continued return of the freezing of funds, so that the amount of upside tape can be restored, lay the foundation upside.
Finally, the Bank of China listing is definitely worth waiting for. From the lightning I would go to the issuance and listing of Bank of China is another typical handling the special matter, was so anxious to complete share reform is the fundamental reason to attack difficult to stabilize the market need for this important task to have the right to speak of listed companies to complete, The Bank of China will undoubtedly have the leadership skills. Sinopec stabilize the market took a major responsibility of the Unit, and good fundamentals is the basis of unit strength, the unit will no doubt become the biggest third-quarter Quotes Aspect, while we should not expect it too high, but the reason to believe that it is able to lead the broader market to maintain a strong running and maintaining the vitality of the market and re-restoration of other blue-chip of the backbone position in the market to extend the value of the existing investor base.
Therefore, tape is relatively optimistic about the market outlook, and do not rule out the possibility of short-term there is repeated, but the space will be limited, a strong foundation shall not be shaken, 1600 points, or shocks, but it is conducive to the shock upside market outlook, experience short-term volatility in the market is expected to be adjourned to the rally, operational aspects, for some time Quotes will be mainly concentrated in a few sections, so stocks need to distinguish between treatment, on the one hand, funding and sustained pulled out due to new share subscription will give some of the value of the stocks are still unrealistically high greater risk , such as most technology stocks, shares and other issues, focusing on avoidance; to wait for subscription of new shares after the Bank of China covering key financial targets are the most noteworthy recent group, we believe that based on the mid-year report Yejiyuzeng plate is the most potential plate, it is recommended to focus on Yejiyuzeng a large number of non-ferrous metal plate, commercial plates, and port machinery.
