2008/07/16
Afternoon all Shadiehuzhi market fell after 2700
Today: July 17, the National Bureau of Statistics will release the first half economic performance data. At the same time, this week, the economic situation of the meeting will be held, is expected at this meeting, decision-making will be the second half of macroeconomic regulation and control of the direction, focus, intensity and rhythm of a relatively reunification. Zhang Ping, Director of National Development and Reform Commission said on the 15th, the first half of China's economy has maintained steady and rapid growth, although the growth rate has come down, it is still normal range. Zhang Ping, also pointed out that the current economic development situation more complicated, face many contradictions, challenges and risks, continue to maintain stable economic growth, curb excessive upward pressure on prices great. Recently, the Shenzhen Stock Exchange in Qingdao, Xiamen, Hangzhou, Shenzhen was held "SME board supervision and development of the forum." At the forum, the Shenzhen Stock Exchange for small and medium-sized plate of regulatory requirements made six three major initiatives. State Council Development Research Center financial Xia Bin, director of the Institute that China's stock market to the long-term good, the central bank should be in view of the economic situation at home and abroad, the opportunity to issue a weak signal interest rate increase. Analysts observed that the Shenzhen and Shanghai market continued to fall Wednesday. Heavyweights such as Sinopec and China National Petroleum soft shocks, some restricted the index. Pudie stocks, non-ferrous metals stocks, real estate stocks, Disney concept stocks, such as venture capital unit in the forefront of UN-Habitat, the only part of the Communications Unit, performance in agriculture and forestry shares. At present all the major section decreased, real estate or top plate Habitat, non-ferrous metals, furniture, software, or trust, and other sections are more than 6%, food and feed processing, oil exploration, air transport, agriculture, warehousing plates were relatively resilience, In less than two percent decline. Today, few hot spots, with the exception of 3 G shares slightly active on the concept, the hot money has begun at low tide. Yesterday, the Olympic strong contrarian concept stocks dropped sharply today as a whole, leading Beijing Tourism morning were once fighting to Dieting. Although the communications section rose and a contrarian Zhongwei Guomai limit, but the market Zhuizhang will obviously not strong. 2700 checkpoints were frustrated today, the market has been showing a trend similar to those during the pre-crash characteristics. The short term, Zhongcang financial institutions, real estate, and steel continued to go short, market confidence has hit consecutive two days of the crash will be the first-half months of July rally engulfed in full. Analysts believe that on the whole, the lack of hot and operability is not strong, and the blue chip segment of the overall impact on the disadvantaged also do more morale, turnover gradually shrinking. And the urgency for killing a certain technical rebound in market demand, and can adjust upward back in place, it will be the release of two key signals: the effective volume of shares and financial strength to enlarge. Market rebound patterns have been destroyed First, press comments: 1, recently, the two major U.S. mortgage finance institutions - the Federal National Mortgage Association (Fannie Mae) and the United States Federal residential mortgage loans (premises of the United States) in trouble. Analysts believe that the result of the loan-to-crisis entered a more volatile phase. Review the past year, loan-to-crisis development process, can be said that the market has felt the impact of four-wave, and from the initial crisis has been the loan-to-field, to the entire financial markets and the spread of U.S. economic fundamentals. Comments: fear of the spread and continuing the bad news to the global stock markets cast a shadow. 2, China Securities News - Morning: long decline in the stock market turmoil on the domestic insurance industry, unexpected shock. CIRC Chairman Wu Dingfu, in yesterday's national work conference on insurance regulation that, according to preliminary calculations, as at the end of June, the solvency of the insurance company for less than 12, two more than the beginning, individual companies solvency seriously inadequate. Comments: solvency in the insurance industry overall level of one of the reasons for the decline is the stock market has been continuously lower the impact of the insurance industry itself that there are problems such as irrational product mix, extensive mode of operation, internal management deficiencies. Second, market data: (as of 14:00) The Shanghai Composite Index: 2680.02 rise and fall: -99.43 or -3.58% rise and fall of home: 39: 883 contract amount: 442 Shen Chengzhi: 9247.12 rise and fall: -401.90 or -4.17% rise and fall of home: 38: 708 contract amount: 246 The Hang Seng Index: 21272.25 rise and fall: 97.48, or 0.46% Total: 77: 1591 Total: 688.00 The Hang Seng China Enterprises: 11769.93 rise and fall: 82.61, or 0.71 percent compared with the previous day: -229: 213 compared with the previous day: -183.00 Third, the market situation: Pudie serious disk on stocks, financial, real estate, steel, nonferrous metals, coal, and other heavyweights have become the main force Shadie, although there are some electronics stocks, strong communication plate contrarian, but only the performance of hot flash in the pan, shrinking turnover Do not pose too much of the popular support. 4 and looking forward to investors: Ciji Zhai crisis by the United States to continue to spread the news, the two cities in the financial and real estate stock index plummeted plate drag down the re-emergence of the trend of unilateralism, resulting in lowered Huzhi afternoon approximation to the near 2,700 points. At present, due to the recent rapid decline, stock prices rebound in the original form has basically been destroyed, and technology shape again showed signs of deterioration, the two cities indexes have the possibility of further adjustments. Therefore, I believe that at this stage of positions held by the investors should not be too heavy, operations should continue to be based onrebound. (Hualin Securities)