Category: Money tips Release Date: 2006-06-11
Source: Changjiang Securities Author: Zhou Xiaozhong
Weekend, the central bank announced an increase in deposit reserve ratio by 0.5 percentage points, because the message has come about rather suddenly, from last Friday when news leaked that the disk is basically do not see signs of the market on the news Monday morning to conduct a fairly strong response, the Shanghai Integrated refers to 1559.98 points, Tiaokongdikai, being Kong Huangpan Quick immediate concern 1544.93 points, the short selling of there dried up, stocks in index stocks up, led by Zhu Bo, intraday although there have been two times plunge, but the still in control of multi-disk, Zhong Pan Shanghai Composite closed at 1586.29 points, up 11.82 points, turnover of 21.004 billion yuan a day, compared with last trading day, the amount of tape can be a slow process of amplification.
In addition to Monday the central bank raised the deposit reserve rate to stimulate the news, the China CAMC as the first since the split share structure reform is only officially started trading shares on Monday, in addition, G 31 of the non-tradable shares Monday lifted restrictions on the circulation. From the trend point of view, China CAMC in its special line of independent performances robbed stole the show, the unit opened to 17.11 yuan, the opening price well above market expectations, while the market that its price too high, selling when a large number of gush, The Unit is in the vicinity of 18 per plate stability, with turnover of more than 80%, began to appear immeasurable air up to a maximum of 50 dollars high, the maximum increase of more than 500%, shares the myth of undefeated occur again. Shanggong International opened a similar sensation in history have occurred before, the main problem lies in the T +1 trading system and the first day of No Price Limit. Xiang year the fund opened cards are stir-fried to 10 yuan, giving rise to the Commission to intervene shot, not knowing what to CAMC new measures introduced, but such a sensation in the market Kongfei good IPO.
Monday there are still some hot spots on the disk appeared, such as the opening of Qinghai-Tibet Railway speculation by G-shrine, G Tibet Tibet, represented by mining and other plate, through the development of Tianjin Binhai New Area and active to G TEDA, G can be represented by the Tianjin Sea plate , in addition to plates although not listed as a whole is mountain dew, but the trend of its own run has become more stable and reliable. In addition, the food and beverage section as the representative consumer is also more active, recently active in the poor performance of small and medium plates, the overall trend of weaker broader market.
For the broader market, taking into account the amount of energy changes and market current major hot plate, we have the broad market rally began last Thursday from the judge for vulnerable rebound, rebound initial target area located in the 1580-1600 point near the top in this region facing the 6000 The hold-up more than 100 million chips, the short term, more difficult to fast break, Monday broader market has reached its initial target bit, is expected to commence will be ascribed to adjust the broader market Tuesday. Investors are advised to consider reducing the position rallies round of adjustment will not end soon.
