Category: Money tips Release Date: 2006-02-20
In recent days, China Central Television Station Economic Channel broadcast of "Dialogue: Interpretation of China's macroeconomic situation," quite a lot of meaning. On the screen lists the relevant data and indicators are: the three interest rates, CPI increased 3.2%, GDP growth of 11.5%, the trade surplus increased 83.1%, the Shanghai stock index increased 33.5%, the national average growth rates of 5.3%, fixed asset investment growth 25.9%, the state's foreign exchange reserves increased by 20%, the RMB against the U.S. dollar increased 2.9%. The Facilitator asked the State Bureau of Statistics, Xie selected five data in order to describe the characteristics of China's economic development during the first half. Xie chose to raise interest rates, CPI growth, GDP growth, trade surplus growth, fixed asset investment growth 5. In addition to Xie, there are 10 guests participate in a dialogue program. Securities chief economist of a woman growing hope that the above card stock to replace the fixed asset investment growth. This is probably regarded as the securities industry's geese are swans, which were not responding to other guests. They put forward the people's income and consumption growth or employment growth to replace the interest rate increase.
In fact, the data provided, the most undervalued stock I am afraid, is the growth in one. First, institutions such as the Shanghai Stock Exchange index released, there is no index on the card. Second, the market impact of greater Shanghai Composite Index, SSE 180, SSE 50, Shanghai and Shenzhen 300 (4477.636,17.07,0.38%) in the first half of 2007 rose 42.80%, 74.75%, 61.52%, 84.82%. I can not find the first half of 2007 rose to 33.5% of the stock price index. Lady's chief economist, noted that this mistaken nor false. Because other data are correct, while the Shanghai index has not yet Xie and other candidates, so that the data are contradictory error did not affect the content of the dialogue in this issue.
Xie did not set out the reasons for the choice of card stock that is: "... ... Shanghai stock index, which is a very important issue, which is a macroeconomic barometer, but it does in our current stock market is not fully reflect the whole picture of China's economy. "Thus, in the eyes of government officials, the stock index should be has not yet become a macro-economic barometer, which is more important than investment in fixed assets.
In the eyes of government officials, fund-raising function of the increase is probably the most noteworthy. It is reported that starting the first half of 2007, and then raised a total of more than 300 billion. From 2000 to 2006, the company through the issuance of A, B, H shares and convertible corporate bonds, followed by 2089.20,1251.63,961.38,1357.24,1509.97,1882.51,5594.29 billion in total funding. In 2007, a new record not only the total amount of funding without suspense, but mainly in the mainland markets for financing. This is a fundamental turning point. As of 26 July and 19 working days. Been approved during this period there are radio and television starting Express (002152.SZ), Jiangsu Province of moisture (002150.SZ), the western material (002149.SZ), Jiangxi Masakuni science and technology, Fangyuan bearing (002147.SZ), the Big Dipper ton (002,151 . SZ), Nantong, micro-electrical (002156.SZ), Chenzhou Mining (002155.SZ), Shanghai Han Zhong Seiki, Shenzhen Hui Cheng Electric Group, Yantai Spandex, BAOXINIAO (002154.SZ), Jiangsu Chang Aluminum Aluminum industry, the Shenzhen City afar Valley Information Technology, Shenzhen City Sanxin Special Glass Technology, Ningbo East power transmission equipment, electric brilliance in Guangzhou, Shanghai CIMIC building ceramics, zirconium industry in the East of Guangdong Science and Technology, Anhui Jingcheng Copper, Guilin Guanglu figures TT 21 companies, daily average 1.11. At this rate, for the establishment of several years of Fa Shenwei the first time.
In the eyes of some investors, stock up or down is a symbol of good luck or not. They think: From the second half of 2007, the years, China will have a series of events. During this period, like the stock better to set off firecrackers, as reflected celebrations. To pray for luck and is China's traditional culture. To extrapolate from these folk, the result will determine the ebb and flow of Chinese-style thinking. However, from the formulation, management, stock price index should be a macro-economic barometer, rather than to an auspicious sign. This means more attention to stock investors, the meaning of the auspicious signs, the more indexes Change is difficult to play the role of a true barometer.
