Category: Money tips Release Date: 2006-03-16
A share markets are facing regulatory policy "combination punches" stressful, so many analysts are cautious about the trend yesterday. But what surprise is that the broader market soared yesterday appeared, the Shanghai index successively break 4100 points, 4200 points, an integer mark anti-pressure, rose 154.51 points, Monday to form a red trend.
"Combination punches" brings two major driving forces
In fact, the sensitive analysis of groups as early as this trend has a certain amount of expectations, because they weigh the "combination punches" on the stock market long-short effects, found that the main trend is still bullish, first because the "combination punches", the the re-introduction of tough regulation and control policy is expected to be relatively less, at least in the next two months, will not have strong regulatory policies. And interesting is that in the next two months, there will not be listed on the possibility of a large concentration of blue-chip, which could give separate ways a more ample funds available space maneuvers. This could also be a so-called "shoe" landing an alternative explanation.
Second, because "combination punches" further reduce interest rates and U.S. dollar interest rate of the RMB interest rate differential, thereby pushing more money into the territory of arbitrage, and so the larger the driving force of the yuan appreciation. Reported that the RMB exchange rate parity 7.5642 yesterday, compared with the previous trading day rose 70 basis points, which means appreciation of the renminbi momentum remained strong. The yuan has been the A-share market to do multi-master leads, therefore, "combination punches", the mean A-share market to do more multi-master thread Jingzhuang powerful, so as to promote the A-share market stronger again.
Tape Innovation another job at hand
As in the short term there will be no new bad news the market to do more suppression better atmosphere, the Shanghai index is likely this week hit a new record. On the one hand, in a recent appreciation of the renminbi under the impetus of yuan assets, repeatedly trying to flaunt concept stocks, broader market on strong growth momentum, while the concept of yuan assets, stock performance has also been a strong growth in support, especially banking stocks-than-expected growth, greatly slowed the mainstream financial panic on the valuation bubble, which will help enhance the A-share market to do more emboldened. More importantly, the real estate market due to optimistic expectations, but also boost the mainstream funds to iron and steel, automobiles and other engines of economic growth, the sex industry optimistic expectations, and thus making such a variety of re-strength, the tape constitutes a catalytic role.
In addition, the volume of re-moderate amplification. Short term, the Shanghai stock market turnover of less than 600 billion from the amount of turnover to the level of rapid expansion to yesterday's 156.66 billion yuan, indicating a very strong financial flexibility, optimistic about the future of A-share market funds very much to see the trend once formed, the will be actively involved in the A-share market, thus promoting the A-share market bounced up space to expand upward. At present 200 points remaining from the previous high of space, it seems broader market this week, is expected to re-record.
Of course, since the existence of the short-term A-share market rises too fast, as well as financial and property shares such as the engine of plate pre-blocked with the characteristics ascribed to the short term, there may be some broader market fluctuations. But the market is at best in today's minor adjustment, or even intraday to adjust, and then it will show another rise, the Shanghai index breakthrough early high point, enter the new rising trend.
I suggest that investors at this point and can be作两手准备First, an active interest in the current A-share market hot stocks, including the RMB appreciation thread, as well as national economic engines sex industry shares. The second is to actively search for future subjects are expected to appear rich stocks rise, including the brokerage stocks, but also a qualitative change is expected to face some of the fundamentals of individual stocks, brokerage stocks of Yatai Group, the Sea-sheng, Guidongdianli, China Heng Group and other varieties can be tracked.
