Category: Money Tips Date: 2007-08-05
Source: Xu Bin Guotai Junan
Wednesday undertake a strong trend to continue upward Thursday to do more than broad market, stocks broad based, obviously. Shanghai and Shenzhen, have emerged after the market opened strong sell into a wave plate, but in multi-strong buying appears to have no defense under the force, after the tape all the way to go high end to recover lost ground 4,000 points. Shanghai stock market to close at 4048.29 points, up 62.25 points, turnover remained at 180 billion level.
Premier Wen Jiabao set the tone for the financial forms
Financial reform of China's financial market development as an important part of playing a key role. At present China's financial reform has entered the deep water area, how the outcome, there is no authoritative conclusion. 16, the morning opened in Shanghai in 2007 the African Development Bank Group Boards of Governors of the meeting, Chinese Premier characters names mentioned in his speech: "Although China's financial system exacerbated existing imbalances in international payments, foreign exchange reserve growth accelerated, funding the problem of excess liquidity, but the overall form is good, we are increasing the financial reform and regulation efforts, and actively address these issues. "Premier Wen forms of finance, including the stock market set the tone, it seems destined to a broader market to Thursday continuation of the previous session's strong rally.
Tape is almost all day Thursday to maintain the red plate on top of individual stocks appears broad based pattern, the two cities are 100 came to our house daily limit individual stocks, the index has returned to the previous highs. Plate, the effect of stimulation by the yuan appreciation, real estate industry very strong performance of commercial real estate plates eyes, Xinhua Department Store, Dalian Friendship, Wangfujing and other firms Fun column or the front of the plate; In addition, subject to the real assets such as medicine and modern pharmaceuticals re-driven themes, medical plates trend is also more active. Generally speaking, for two consecutive trading days on market sentiment rose wake-up call, but the market a few varieties have been reaching record highs, and institutions in the current point and fled to the will of the very firm and ability to maintain the current strong market outlook remains to be seen.
Whether investors rational?
Push forward the development of capital markets, this view is not false, but "as also Xiao and loser Xiao", once the capital in the market chain broke, the market rely on to maintain our hard-won victories. China's securities market to the present, experienced retail age to the body age (Let us say 02,03 years after the withdrawal of the retail market for institutional era), and now again back to the retail era. Data reflect the current A-share market structure, institutional holdings accounted for 40%, 60% of individuals, but the structure is the institutional trading accounted for less than 20%, while the personal accounting for more than 80%. More fund managers honest frustration: "Do not ask me whether the market would rise, to ask outside the retail!" Therefore, a rational individual whether an investment has become a key factor in the relationship between market trends. 5 days in a row the number of more than 300,000 accounts, after May 15 due to stock market crash and the day A-share accounts dropped to 30 million or less. With today's announcement the number of A shares of the new accounts will show that the enthusiasm of investors, completely subject to market fluctuations so that almost no independent ability to judge, loss of self-property investment. Therefore, the market has accumulated a greater risk in urgent need of a rational technical adjustments, investors should be cited in order to guard against.
Individual stocks, we recommend investors to focus Holley Pharmaceutical (000,607), the company now has an annual output of 70 tons of artemisinin production capacity, the scale of production capacity in the world, and occupies 90% of the domestic and international resources of more than 80% of the artemisinin , with the absolute global dominance. Artemisinin is currently Holley series has become known in Africa, a famous Chinese brand, China-Africa economic and financial cooperation prospects, the company's future development space is extremely wide. The secondary market, with the share price steadily upward, the unit volume can also intermittent amplification, the main intention of looting chips exposed, afternoon trend can still see the high line, investors may be bargain-hunting interest.
