Category: Money tips Release Date: 2006-04-01
Source: Guangzhou Bandung Author: Ling Xue-wen
Monday tape Xianyihouyang Shenzhen and Shanghai, the overall operation is relatively stable, and both received a "hammer-shaped" Yang K line, indicates that there is still further increase the potential for short-term; also noted that, today, the Shanghai Composite Index hit a climb early in August picked up since the closing high of 1674.97 points, within shouting distance of 1,700-point mark an integer. From the hot disk performance, the recent appreciation of the renminbi over the main line and the start of the financial and real estate continue to have outstanding performance, particularly in the sector, has repeatedly strengthened further boosted sentiment. In addition to the financial sector, the other one is worth digging into the main line is the M & A, asset injection with the overall market.
[Today's market conditions]
Monday tape showing Xianyihouyang trend Shanghai and Shenzhen, two cities indexes are "hammer-type" K-line reported income, turnover has increased more than the previous day. Index runs from the day the trend point of view, early in the Shanghai Composite Index opened 1668.16 points, after the overall weakening of the impact of non-ferrous metal plate adjustments, the minimum to 1653.01 points; with the financial and real estate, asset acquisition and injection and other hot spots active in the afternoon pick-up tape to re-stabilized and eventually close to all-day high of 1674.97 points at close, to close out the vaginal discharge hatched bald Yang Xian, showing the short-term momentum index is still further upstream. Shen Chengzhi a similar trend, showing bottom recovery trend.
From the disk situation, Stock Quotes relatively active, G Garbo, G Yang Light, G Donghua, G Xin Mei, G Chang-Li, 6 non-ST stocks daily limit, while GST Global, G * ST 3 wood, etc. 15 ST stocks in order to daily limit at close. Noting the recent good performance of the financial sector continue to be sought after markets, including China Merchants Bank G continuously reaching record highs, G livelihood, G Shanghai Pudong Development manifestations of active future to speak of further attention. In addition, some merger and reorganization of assets into the overall theme of shares listed have a good performance, such as the G Guangyu, G Chang-Li, G Shennan light, G XAC, G Neusoft, G the grain land, G Shijiazhuang Refining-Chemical, Wuhan Petroleum and so on. Also noted that, as one of the hot pre-main non-ferrous metal plates, today the overall adjustments, such as G, King, G Yunnan Copper, G Zinc Industry, G Pan titanium, G Dongfang Tantalum, G in gold, G Lu gold, G bearing vanadium and titanium, G Chi-hong, G to your inquiry, G Zhuzhou Smelter, G Jean, G Jiang copper decline among the forefront of non-ferrous metal plates have become a key market as a whole fell short of kinetic energy, and drag index lower morning.
Monday, the Shanghai Composite Index opened to 1668.16 points, up 1675.09 points, the lowest 1653.01 points to close at 1674.97 points, up 6.99 points, or 0.42%, turnover of 16.933 billion; New Composite Index (000017) opened today at 1401.25 points, the lowest point of 1388.16 up 1409.24 points to close at 1409.09 points, up 7.90 points, or 0.56% on turnover of 15.132 billion.
Shen Chengzhi opened 4105.52 points, the lowest 4067.19 points, up 4135.65 points to close at 4135.65 points, up 24.62 points, or 0.60% on turnover of 9.995 billion. Shenzhen, a new index (399.1 thousand) to 1677.18 points, opening morning, the lowest 1656.86 points, up 1687.82 points to close at 1687.82 points, up 10.73 points, or 0.64% on turnover of 8.517 billion.
[Today In news]
Monday mainly in the following several news worthy of investor attention:
1, Shanghai and Shenzhen seven companies today entered the 49th batch stock reform, including Shanghai stock market 5, the Shenzhen market 2, respectively Nanganggufen, kyoko shares, health Yuan, ST Zhong Yan, Lu anti-medicine, East A donkey-hide gelatin, as well as the Yanbian Road.
2, Yanbian Road declared a share reform program, and plans to stock reform, repurchase G Aodong held by major shareholders 46.15% stake in GF Securities convertible to absorb the merger integration. GF Securities Board of Directors discussed and approved the swap ratio of 1:0.83. Smooth progress, GF Securities will become the country's first backdoor listing of the securities company.
3, Chinese Vice Premier Zeng yesterday that it would be to further strengthen and improve macro-control, promote stable and rapid economic development. The focus of the second half of regulation is a multi-use economic and legal means to curb excessive fixed-asset investment growth. , "Eleventh Five-Year" period, China will vigorously develop energy resources and environmental protection, equipment manufacturing and information industries, as well as biological, space and marine aspects of key technologies, core technologies; strengthening basic science and frontier science and technology research; the implementation of a awarded a major science and technology projects, including microelectronics, software, wireless mobile communications, numerical control machine tools, oil and gas exploration, nuclear power plants, pharmaceutical, large aircraft, manned space and lunar exploration.
4, sources said, although the management has not explicitly B-share market the timetable for reforms, but has set up relevant departments specializing in B-share market reform, and has been clear that the B-share listed companies do not have stock reform issue, in the current environment, the management of more mainstream view is that B-share market to the merger of A-share market.
[Afternoon Brief]
Monday tape Xianyihouyang Shenzhen and Shanghai, the overall operation is relatively stable, and both received a "hammer-shaped" Yang K line, indicates that there is still further increase the potential for short-term; also noted that, today, the Shanghai Composite Index hit a climb early in August picked up since the closing high of 1674.97 points, within shouting distance of 1,700-point mark an integer. The author in a recent analysis of market conditions already mentioned in the last phase of the macro-control, expansion pressure is relatively light, as well as the long-term appreciation of the renminbi under the impetus of the recent shocks formed by a small upward trend is expected to be renewed, does not rule out the Shanghai Composite Index will continue to mark up the impact of 1700 points, an integer or even challenge the high point of 1750 points, periodic line resistance possible.
From the hot disk performance, the recent appreciation of the renminbi over the main line and the start of the financial and real estate continue to have outstanding performance, particularly in the sector, has repeatedly strengthened further boosted sentiment. The background plates from the bank point of view, I believe that opening up the financial industry have markedly intensified in the context, the banking industry deregulation has become an inevitable trend, a new round of deregulation means that a major breakthrough will occur Mixed , tax and other burdens will be further reduced. In my opinion, A-share listed banks will benefit from China's rapid economic growth, yuan appreciation, good spreads widening in credit continued to grow, non-interest income accounted for higher operating expenses driven by such factors as the rate of decline in the next two years, most of them would maintain more than 20% performance increase should be firm like the banks and even the second half of the performance of the next two years. In addition to the financial sector, the other one is worth digging into the main line is the M & A, asset injection with the overall market. In the context of full circulation, a large number of high-quality assets will ultimately be achieved in the A-share market capitalization, asset injection and the overall market will be an important way, while the resource allocation function of capital markets determine the best asset the first to achieve capitalization; M & A can improve the quality of listed companies stock through private placement to achieve the overall market, to achieve high-quality asset injection and the introduction of strategic investors, but also regulatory authorities in the relevant distribution and M & A activity in the most concerned about two goals. Moreover, the new "management approach to acquisition of listed companies," the official release will be implemented to further invigorate the market for acquisitions, merger and reorganization, asset injection and the overall market is the enterprise value of re-discovery and re-creation, is expected to become the market's continued hot spots and opportunities lie . From the recent market performance, which began around the two main lines of the hot spots are to further strengthen the trend of speculation, but also represents a new direction for the operation of funds, investors can further in-depth excavation-related investment opportunities.
