Category: Money Tips Date: 2006-08-12
Investment Points â—?Along with copper, aluminum and gold and other metals prices continued a record high, as well as the anticipated appreciation of the yuan to continue a sustained, non-ferrous, and real estate continue to uplift the strong plates. The iron and steel, building materials and other stocks bottomed out in the economy is expected to rebound in the market have also been concerned about the next. In addition, stock change, "Eleventh Five-Year," a new countryside and mergers and acquisitions on various topics related to the performance of stocks also took turns. The market has entered a phase of relative strength.
â—?While we remain optimistic on the stock market long-term, but also that the recent market rise with the fundamentals support. But it is also believed that the need for the current main factors driving the market to re-read. Is mainly reflected in: the constant increase in the profitability of analyst forecasts has basically reflected in stock prices, the expected performance is no longer a major factor to support future increases; H shares of its own in a more vulnerable position, its A shares from the stimulating effects may positive shift negative; awash with liquidity, is also promoting an important factor in the recent stock price up, while the flow of tightening may affect the future market of the macro-surface. Therefore, the future market need to maintain a cautious attitude.
â—?our overall strategy to determine is: the accumulated gains in the market the larger cases (the majority of the main species already have 30% -50% increase), choose the cash advance is a wise choice to achieve a profit, in order to follow-up to a possible 10% -- 15% of the rise in the high risk not worth taking too great; choice in the industry, apart from focusing on good fundamentals and growth of the high rate of plate work (such as banking, retail, power equipment, etc.), should increase the plate on the defensive and pre - or small plate configuration (such as roads, etc.), and focus on electric power, petrochemical, and other plates there is an event-driven opportunities (such as resource price reform and the coal linkage). Moreover, in addition to the existing chips on the market, the second half of the increasingly close to the "new from the old section" will provide investors with new investment opportunities.
â—?5,6 month we make adjustments to the existing industry configuration, according to the principles of robustness, we are actively over pre-or little out of the business cycle, with good growth at the bottom of the industry and companies. We have the following sectors: banking, food and beverage, petroleum, petrochemical, transportation and the implementation of over strategy; the same time slow down your computer appliance, the configuration of the airport route weight; the rest of the industry to maintain a neutral configuration.
Strategy to determine the next two months: prudent cash profit Our overall strategy to determine is: the accumulated gains in the market the larger cases (the majority of the main species already have 30% -50% increase), choose the cash advance is a wise choice to achieve a profit, in order to follow-up to a possible 10% -15 % of the rise in the high risk not worth taking too great; choice in the industry, apart from focusing on good fundamentals and growth of the high rate of plate work (such as banking, retail, power equipment, etc.), should increase the plate on the defensive and pre-or small plate configuration (such as roads, etc.), and focus on electric power, petrochemical, and other plates there is an event-driven opportunities (such as resource price reform and the coal linkage). Moreover, in addition to the chips already on the market, the second half of the upcoming "new from the old section" will provide investors with more investment opportunities.
While we remain optimistic about the long-term the stock market, but also that the recent market rise does have a fundamental support. However, the market for a lot of information beyond a reasonable interpretation of the scope of the market began to look forward to "hundred shares" return and ignore the possible bubble, we consider it necessary to prompt the potential risks, and the main factors affecting the stock market re-analysis .
500) this.width = 500 'align =' center 'hspace = 10 vspace = 10>
Performance increase: start pulling effect passivation of 3 1 [2] [3]
