Abstract: Shenzhen and Shanghai this week to maintain speed up the bottom of the pattern of the broader market, the Shenzhen and Shanghai stock index declines to -4.91% and -5.95%, Zhou K line both with vaginal discharge hatched Yinxian barrel. From the cities to the amount of transaction volume continuous refresh trend, the market has been a marked convergence of short kinetic energy, the market continued to adjust the space is very limited. the broader market downturn can get rid of the current predicament, and adopt comprehensive measures to quickly restore market confidence is a big key. recently for certain trades and industries policy adjustments, and related fiscal policies despite the introduction of stability to a certain extent, the role of the market, but only these are still not enough. management should continue to strengthen the institutional infrastructure market, speed up the stock index futures, margin and other financial innovations introduced pace, and actively guide compliance strategy funds and funds into the market so long.
[Spotlight and market opportunities]
Shenzhen and Shanghai this week to maintain speed up the bottom of the pattern of the broader market, the Shenzhen and Shanghai stock index declines to -4.91% and -5.95%, Zhou K line both with vaginal discharge hatched Yinxian barrel. As of now, the Shanghai Composite Index Zhou K line has been formed obvious. However, successive refresh transaction volume from the two cities to the amount of the trend, the market has been a marked convergence of short kinetic energy, the market continued to adjust the space is very limited.
from the adjustment point of view, the Shanghai Composite Index last year October fall since the record high of 6124.04 points, its lowest point at 2370.74 points this week, the biggest decline in total to -61.28%, nearly ten months of the time there is such a huge adjustment in the domestic stock market history, are very rare. I mentioned several times recently, the full maintenance of stability in the context of management, the market again plunged irrational panic in the market can be said that breaking the normal order of their run, investor confidence has suffered a very severe blow, unless outside help, the market itself is unlikely to get rid of the dilemma remains in the doldrums. the last stage of the performance of the broader market downturn proves the judge.
noted that the disclosure of National Bureau of Statistics this week PPI in July to a new high 10% twelve years, once again a major blow to confidence in the market. Statistics show that since October 2007, China's industrial producer prices rose continued to increase, rising from 3.2% to 10% in July this year, or in the double digits, since 1996 the highest gains. Because of the rising PPI will definitely increase the business costs and operational difficulties, the results may lead to difficulties in enterprises to increase employment and reduce income and directly reduce the expected profit. Obviously, the July PPI create another job for 12 years to become the new the broader market has fallen sharply on Monday and the Shenzhen and Shanghai stock daily limit an important incentive for a large area.
I believe that the continued downturn in the broader market could get rid of the current predicament, and adopt comprehensive measures to quickly restore market confidence is a big key. recently for some sectors and industrial policy adjustments, and related fiscal policies despite the introduction of stability to a certain extent, the role of the market, but only these are still not enough. management should continue to strengthen the institutional infrastructure market, speed up the stock index futures, margin and other financial the pace of innovation introduced, and actively guide the long-term compliance strategy funds of funds and the stock market and so on.
noted that as the industry leader in the China South Locomotive will be listed next Monday, can run to the recent weakness of the A-share market to bring turning point for investors to focus. China South Locomotive and in railway and urban rail transportation equipment market share in the domestic leading position. in railway locomotives, passenger cars, trucks, EMU, and other transit vehicles are the market share of all business areas more than or close to 50% EMU as much as 80%.
[market risk and strategy]
year, our economic and social development in recent years experienced the most severe challenges and tests. The current economic and social development in China very complex environment facing, uncertainties and destabilizing factors in increasing macro-control more difficult. solve the economic operation of the outstanding contradictions and problems, to maintain stable and rapid economic development, not only the need to strengthen macroeconomic regulation measures more proactive, Flexibility is also required relevant departments to maintain coordinated policy mix boxing fight. to strengthen fiscal and financial control, a good grasp of monetary policy in focus, intensity and rhythm at the same time, increase financial restructuring, independent innovation, energy saving , SME development and improving people's livelihood and other support efforts to improve the financial weaknesses of the economic and social development of support mechanisms. prices, foreign trade, land, industry, environmental policies should be subordinated to and serving the general requirements of macro-control.
[today's news of]
Friday mainly in the following information for investors to focus:
1, China South Locomotive Co., Ltd. announced that the company will be held August 18, 2008 (Monday) in the Shanghai Securities officially listed on the Stock Exchange, the stock referred to as The total capital of 100 million shares. Among them, the online issue 2.4 billion shares will be listed next Monday; network of 6 million shares under the lock placement of 3 months.
2, the China Securities Depository and Clearing Corporation latest statistics show that , at 7 at the end, funds, QFII, insurance companies and other institutional investors, managed accounts in the bank's A stock market value of 1.871818 trillion yuan, increasing 18.47 billion yuan over the previous month. Meanwhile, the month lifted the share reform faster than Shares June. It should be noted that the Shanghai and Shenzhen each month to open 12 new social security fund account, which is nearly half a year to the Social Security Fund for the first time new account.
3, and staffing requirements ), based on the addition of the People's Bank exchange rate of the Secretary.
4, it is learned that has been of concern The current reform state-owned assets in Shanghai, in principle, move to request. Recently, the manuscript of this paper has made a report on the Standing Committee of Shanghai Municipal Party Committee and consideration, while also reporting and consideration of the views of corporate governance structures (draft) continue to maintain low consolidation pattern, the two cities combined turnover of about 42.849 billion, once again set to the amount of transaction. From day running of the state index of view, early on the Shanghai Composite Index opened 2434.41 points, in the iron and steel, nonferrous metal and some heavyweight driven by active day moving average resistance was above 5, the highest rebounding to 2476.86 points, but watching the market atmosphere, rebound fatigue, and ultimately to close at 2450.61 points, to close out the put a small lower shadow Yang Xian. The Shenzhen Component Index show the corresponding low consolidation of the trend, closing out the small Yinxian.
from the disk situation, stock trends apparent differentiation of the Shenzhen market, the ratio of 370:347 Number Change, Change Number Shanghai market ratio 382:457. or table area Fang Xing Technology, Liuyang Fireworks, the Yangtze River Investment, water fisheries, copper and other 15 stocks sincere limit. from among the biggest gainers in the stock nature, most of the mergers and acquisitions and assets belonging to the species into the subject.
concern is that 987 million shares in CITIC Securities Reform restricted shares traded today, means that CITIC Securities became the first heavyweight to implement only the financial circulation, the stock is relatively stable trend throughout the day, rose to 0.44% as of closing.
Friday, the Shanghai Composite Index opened 2434.41 points, up 2,476.86 points, the lowest 2,414.57 points to close at 2450.61 points, up 13.53 points, or 0.56%, turnover of 27.989 billion; Shenzhen Component Index opened 8269.32 points, up 8,355.08 points , the lowest 8,157.42 points to close 8,233.41 points, down 45.24 points, or 0.55%, turnover of 14.86 billion. (Ling Xuewen / Practice Analyst)
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