Why China's stock market stop-go

 Why China's stock market and stop and go
mm and the earliest recovery of real estate issues such as financial and capital
Fudan University, Director of the Centre Professor Xie Baisan
(a) of the Chinese stock market trudged, stop and go
I blog in an article last week, repeatedly mentioned: The Chinese stock market look not to a large number fled.
is a typical Wednesday, from weight to the small cap index stocks, opening up a pull, is the highest price the day, plunged down a day later, a fall is 100 points and then,UGG boots clearance, regardless of China Banking Regulatory Commission, the Commission how the rumor, say hello, have similar rebound weakened, the area has been stagnant, is poised to do, or local building head. ready also do not see.
the main concern of the market, and rumors are mainly:
(1) fast gate opening of IPO shares, EB Bank is the first. Results markets such as fear of tigers,bailey UGG boots, A, B shares, slumped with the Shanghai and Shenzhen. SFC immediately out of the rumor, saying that there is no new shares in the plan and intention. This rumor if 1mm2 point before January 2000, will the stock market jumped immediately. And now time and time again so the rumor (at least four times), the more to the above, the role of the smaller. the management's goodwill is obvious, in this financial crisis, hoping the Chinese stock market can Revised gave birth rate, stood out. but in fact, people want to back but in normal market fluctuations, you can do some difference. As a matter of new shares issued, so the old rumor, and so after the rumor was not, so why not Everyone knows that the stock market rose 2900mm3000 area, the new shares is not made impossible. GEM prepared for the company, at least more than 1,400. these are not on this year's it? not on this year, next year have to ah! Do not send too fast on the line.
(2) monetary policy should be changed. s in the first quarter as wide: 4.5 trillion, after so much no longer possible to come. After all banks are to get early information, it is more than willing to take back. after such a turbulent and will borrow it? period is now the most money . But Yi Gang, vice governor immediately rumor: , third and fourth quarter, at least below the first quarter of it. Otherwise, come up with a non-inflation to be there. Ogawa gay is like going to extremes. last year, the bank loans is extremely difficult, but also bank was said: the central bank's natural enemy In fact, because of the currency driven market, people do not dare to go on fighting this year has earned a 40mm60%, enough.
(3) corporate performance decline: if he has 519 listed companies published in both the chain fell year on year, 11.91%, respectively, and 15.07%. This makes the stock market when investors often lack of confidence in the key, not daring to fight a protracted war, and can only take things one step.
, of course, the stock market like a warm room, flowers, still Among the management to safeguard them, but it has become bloated. especially the private placement in 2500 shipments to avoid the crash, you can not flee. (why do engage in private, too timid.)
short the economy was not really pick up, the stock market is man-made, well known, a look not fled, so look trudged out. But the hunters came from the 1700 Masters point, many feel that this year has been enough.
fact were most worried about the stock market or the last 5000 rookies, do not know buy low, sell high throw by stage to spread low-cost, liberating themselves. (Some of them will be other people have been 6,000 points, hey!)
(b) of the Chinese stock market is a cornucopia
Chinese stock market is a lot of practice. It was a year to get a wave of market,Bailey UGG boots, 20mm30% enough; some year-round in the inside, stalker; has been pegged to a good stock of high throw bargain-hunting. should control the position, playing guerrilla, to meet the GEM and the drama of the opening stock index futures.
In fact, the stock market are also many varieties of security. Since last summer, people climbed on the Panzhihua Steel and Vanadium Chongqing Titanium, the Great Wall shares, will deliver the promise of the reorganization of assets, that is 9.59 yuan in the cash option, has been talking about. no matter how few companies notice, statement, many people just do not believe that the world can there be such a good thing? and Panzhihua Iron and Steel, but also approved by SASAC and the CSRC, how it can be deceiving, how credible it? Coca-Cola to buy Huiyuan Juice is not only 3 of 12 HK dollars to buy Hong Kong stocks it? but people would not believe. last week, 23 Day, Panzhihua Steel and Vanadium to 9.71 yuan's value, to investors of a beautiful answer. (Note: I give this case, things have gone.) can be seen, the stock market is a cornucopia ah! (It was: the stock market a bad thing more, a good thing that people did not dare to believe.) In fact, a lot of opportunities, several times more than bank deposits to buy .6.5 million, eight months rose by 40%!
(c) the real estate market will decline to deep : Will the latest economic recovery?
In fact, the author most concerned about the industry, is the revitalization of the industry did not enter the top ten real estate market. look at all aspects of the message: Previously there have been a period of positive, and significant warming over the. Beijing, Shanghai,UGG shoes, Shenzhen stocks on the decline, but a considerable number of real estate companies to increase cash flow, while further investment will decline in real estate, real estate companies such as Poly in the first quarter, no new development projects. I have seen some real estate executives, it seems that there are fell to a record low. mm longest chain of the real estate industry, with 40 industries related to steel, 30% for real estate. the real estate industry share of GDP, 7mm10%.
If, after the real estate industry through the Indian summer , continue to move toward a deep recession, it will greatly hurt the Chinese economy.
Xiaonian outspoken speech in a place that, with all belief, he believes the United States full access to the economic adjustment, but may recover first. and China (due to the protection of local governments, mainly on the local real estate market, where it accounts cadres mobilized to help buy a house, etc.) but not further adjust the economy, whether the latest recovery. his words and my other If a friend happens to coincide with China's economy is half-baked, whether the latest recovery of it. (of course the stock market and real economy is not exactly the same). We have to stay in mind, we go more mentally prepared.