Category: Money tips Release Date: 2007-08-04
Source: Guangzhou Bandung Author: Ling Xue-wen
Shanghai and Shenzhen stocks in a row after the sharp rise, particularly in 51 post-holiday accelerated upside, the current valuation of the overall level of static markedly improved. At the same time, due to macro-economic policies and the overall profit growth of listed companies, the fundamentals are still there is a certain uncertainty, coupled with a market capitalization of surface will usher in the real test, these factors are likely to bring some short-run impact of stock. Operation should insist on the flow of the strategy, or a huge profit for the rich varieties, timely profit-taking, or lighten up rallies to lock in profits should be wise; On the other hand, it should also devote themselves to tap the potential with compensatory growth species, scientific and rational way to adjust the structure and position the proportion of positions.
[Today's market conditions]
Down by the surrounding markets, as well as the mainstream of non-ferrous metal plates and other diving hotspots collective drag, Shanghai and Shenzhen broader market Tuesday showed ascribed to the trend of lower order, the two cities are put on stock hatched in Yinxian reported income, volume and further amplification, the two cities total more than 89.1 billion. Index runs from the day the trend point of view, early in the Shanghai Composite Index opened 1658.69 points, immediately after a low drive by the profit impact of inertial pressure drop, despite the pullback, and a record intraday high of 1678.60 points, but because of non-ferrous metals have a strong variety of diving, the ultimate progressive shocks drag index down, the lowest mark dropped to 1600 points, an integer near 1604.78 points to close at 1613.25 points. Shen Chengzhi trend similar to the corresponding rendering ascribed to the trend of decline is expected to absorb the short-term there is still finishing requirements.
From the disk situation, stocks trend apparent differentiation, significantly reduced daily limit individual stocks, while a large number of stocks in order to lower limit reported income, according to the author to rough statistics, the two cities more than 70 individual stocks lower limit (excluding ST stocks). The mainstream of the early varieties, such as non-ferrous metal plates by the impact of international non-ferrous metals fell sharply today, as a whole appears sharp sell into the market, Lanzhou, G CCA, G Zhuzhou Smelter, G Jean, G Jiangxi Copper, G Guan aluminum, G Tibetan mining lower limit, G Yunnan Copper, G Zinc Industry, G Bao titanium, G Lu gold, G HTC, G Yu-light, etc. have fallen sharply. At the same time also noted that real estate stocks may also gradually weakened recently, mainstream varieties of callback should arouse our attention. Second, some consumer topics stocks are strong, including commercial retail, liquor, food stocks, such as G-Yi Bai, Hengshuncuye, Hangzhou solution 100, G Tuopai, Huiquan Beer, G Wuliangye. Some of compensatory growth of other species, including coal, electricity, iron and steel and the reorganization of subject matter is also reflected in shares. Some scientific and technological subjects remain active, including today's resumption of the G Haihong, another G Air Power, Daxian stock, G SO long power, space communications, Sino-Microelectronics, G National Security, G ZTE active movements. It is noteworthy that the yuan continues to appreciate the impact of the recent airline stocks as a whole stronger, such as the G Shanghai Airlines, Hainan Airlines, Eastern Airlines, Southern Airlines and so on. For the airline industry, the airlines part of the liabilities and operating costs are denominated in U.S. dollars and other foreign currency, the yuan appreciation was mainly generated a lot of exchange gains.
Tuesday, the Shanghai Composite Index opened to 1658.69 points, up 1678.60 points, the lowest 1604.78 points to close at 1613.25 points, down 50.84 points, or 3.06% on turnover of 54.143 billion; New Composite Index (000017) opened today at 1391.96 points, the lowest point of 1339.68 up 1413.54 points to close at 1352.10 points, down 36.47 points, or 2.63% on turnover of 38.313 billion.
Shen Chengzhi opened 4389.40 points, up 4463.08 points, the lowest 4232.06 points to close at 4252.89 points, down 105.74 points, or 2.43% on turnover of 35.038 billion. Shenzhen, a new index (399.1 thousand) to 1689.62 points, opening morning, the lowest 1613.71 points, up 1715.73 points to close at 1622.04 points, down 58.93 points, or 3.51% on turnover of 25.356 billion.
[Today In news]
Tuesday mainly in the following several news worthy of investor attention:
[1] [2] Next Page
1, the SFC Fashen Wei yesterday's announcement, G Long Electric intends to issue warrants for approval has already been. For all shareholders, free of charge for every 10 shares issued warrants 1.5 copies, issuing copies of the total 1.228 billion. Stock of record on May 17, duration as self-warrants listed on the date of 12 months, to be 6.754 billion yuan fund-raising for the acquisition of all of the Three Gorges generating units.
2, the People's Bank financial statistics released yesterday show that in April new RMB loans 317.2 billion yuan, an increase of 175 billion yuan year on year, the highest level over the same period in history. New yuan loans in April before 158 million, accounting for the central bank's target of annual credit of 63%.
3, disclosed in 2005 from the latest annual report of a recent three consecutive years losses, SSE decided, * ST Yun, * ST Black Dragon, * ST Lingguang, * ST Yaxing, * ST porcelain 5 Since the country May 18, 2006 listing suspended.
4, Development and Reform Commission said it would intervene in the implementation of drug prices, revised every two years.
5, the Shenzhen Stock Exchange which was recently issued a "listed company's internal control guidelines (draft)", to the public for comments. According to the "Internal Control Guidelines", should be a clear division of listed company executives, board of directors and shareholders of the General Assembly for approval of related party transactions of the authority, by the independent directors and supervisors at least every quarter, inspection companies and related financial transactions between the situation; independent directors It should be the company's independent opinion on matters of external security and external security situation of the company on a regular basis for investigation.
[Afternoon Brief]
After a continuous rise accelerated after the broader market Tuesday as scheduled last adjustment. Overall, this round of increase in Quotes not by the listed company is expected to increase overall profitability caused by the rise in market, but by the international market metal prices and resource prices continue to rise, share-trading reform of the institutional factors, as well as the appreciation of yuan assets arising from revaluation of these three power strong rally. Noted that the Shanghai and Shenzhen stocks in a row after the sharp rise, particularly in 51 post-holiday accelerated upside, the current valuation of the overall level of static markedly improved. According to a rough estimate, as of May 12, the market level from 16-17 times the overall price-earnings ratio rose to about 20 times. At the same time, due to macro-economic policies and the overall profit growth of listed companies, the fundamentals are still there is a certain uncertainty, coupled with a market capitalization of surface will usher in the real test, these factors are likely to bring some short-run impact of stock.
Noted that the Shanghai Composite Index from 1400 up near the speed has been significantly larger volume of the two cities hit consecutive days in recent years, and this means the acceleration of the release of the energy bull. Such short-term chase the market of money, consumption is too large, may result in lack of follow-up power caused a relatively large range of adjustment. While such an adjustment of short-term and long-term trend is not right right tape constitutes the essence of the destruction of nature, but for short-term investors or new investors entered the market, it could result in greater impact. I also remind investors that in this, although the Shanghai Composite index has broken through to the 2001 high of 2245.43 points and a rebound in 2004, high of 1783.01 points, formed by the long line of pressure, but in an important technical breakthrough in the pressure lines are often may withdraw sword confirmation process, so the short-term order should belong to the normal digestion and technical order. In the short term action is concerned, I believe that still insist on the flow of the strategy, or a huge profit for the rich varieties, timely profit-taking, or lighten up rallies to lock in profits should be wise; the other hand, should also be devote themselves to tap the potential of the species with compensatory growth, scientific and rational way to adjust the structure and position the proportion of positions.
Previous [1] [2]
