Posts Tagged ‘Stock’

How the debt crisis affected China, Greece

Wednesday, October 13th, 2010

-Action: a beautiful 15 today Aspect

By the rating agencies lowered the Greek sovereign credit rating to junk long-term impact of the external market in general fell sharply. However, in the domestic banking sector, petroleum and petrochemical sector growth in support of a quarter, the A shares Xianyihouyang today. To the closing stock index reporting 2,900.33 points, slightly 0.26%.

Could see, A shares on a major message from the external market is not sensitive. Indeed, over the debt crisis is expected to Greece’s negative impact on China’s economy, hardly wise.

The reason why Greece is highly concerned about the debt crisis, because the country has seen in the sovereign debt crisis, not only for its cast a shadow over the domestic economic outlook, but also for the euro’s future uncertain. Greece, the real debt crisis more euro crisis. Euro problem is inherent. And sovereignty, monetary and financial systems and monetary systems were combined, and woe in a different situation, as a regional common currency euro, is not to establish a unified financial system in the same over. Thus, any member of the financial system problems, the effects will spread across borders of other member countries and the euro’s fate. While Germany had the intention of the Greek out of euro zone countries, but also make the euro hurt. To a large extent, the euro quickly became the reason why the international reserve currency, with its close ties expansion prospects.

Euro by Greece is facing a debt crisis is difficult to be alleviated through continued depreciation, as people worry about the prospect of the dollar level of no better than the weak euro. People will eventually believe that the dollar Ye Hao, euro worth mentioning, among them the status of the international monetary system will continue to weaken both.

This is precisely the point. I prefer to believe, the Greek international debt crisis will accelerate the process of the yuan, but on the price of RMB internationalization of the yuan revaluation (fish and bear’s paw can not have both), so the impact on China will first be achieved through the appreciation of the renminbi of.

By the way, the central bank recently the so-called “interest rate and exchange rate will be fixed one,” saying it was to the effect, because the interest rate and not a substitute for appreciation, it touches will further increase the upward pressure, while the interest rate rise does fit relieve the pressure. That being said, the recent appreciation of the RMB is much larger than expected rate hike expectations.

Today, beautiful 15 (reduced version) or two up five. Jiangling Motors and Hefei Urban Construction were up 3.07% and 1.26%. Today, once short-listed Weichai Power Dikaigaozou morning, after being sold and closing edged lower 0.25%. To close in the third period pretty average cumulative increase of 15 from the last trading day of -12.53% to -11.12%, the cumulative increase of 15 nice rebound from 32.29% to 34.42%. Thus, the beautiful 15 from September 1, 2009 the cumulative increase since the main stock index has been 4.26 times increase over the same period, despite the recent performance as expected.

The third phase of “beautiful 15″ (reduced version) Briefing

Code
Referred to as 3 04 months
April 28
cumulative gains
Dynamic price-earnings ratio
09 per share

Close (yuan) close (dollars)
(%)
(Times)
Income (yuan)

000528
Liugong 21.57 20.97 -2.78 8.8
2.39 (10 expected)

000550 JMC 22.84
3.07 10.0
2.28 (10 expected)

600449
Racing Industry 35.23 26.40 -25.06 11.6
2.28

000961
South Building 19.35 15.04 -22.27 6.9
2.18 (10 expected)

600742 FAW-rich dimension
26.92 22.70 -15.68 13.5
1.68
002208
Hefei Urban Construction
22.70
-14.89 16.8
1.35 (10 expected)
000 338
Weichai Power
60.97
-0.25
8.17.50 (10 expected)

The third phase of “beautiful 15″ average -11.12 10.8

“Beautiful 15″ 51.24 34.42

Beautiful 15 leading index 304. 74%
326.52% (4.2652-fold)

The Shanghai Composite Index 2900.33
8.07

Heavyweight stabilized

Saturday, October 9th, 2010

-Action: a beautiful 15 today Aspect

Bank shares in the first quarter by four percent to encourage performance EADS were mixed today, A shares open higher in the afternoon again pulled up, helpless and subject shares late small plates bad news fast by hazy edge lower, weighed on the market under pressure. To the closing stock index reported 2868.43 points, down 1.10%.

Today, beautiful 15 (reduced version) or a suspension of a rose 5. Hefei Urban Construction up 2.03%. After three consecutive trading days up heavy volume after the Jiangling Motors today shrinkage adjustment, although the decline and closing up 8.06%, but volume can be relations, is expected to re-market outlook is still strong. To close in the third period pretty average cumulative increase of 15 from the last trading day of -11.12% to -12.98%, the cumulative increase of 15 beautiful down from 34.42% to 31.61%, a beautiful 15 from September 1, 2009 since cumulative gains for the main stock index rise of 4.59 times over the same period.

From tomorrow, the third of a beautiful 15 (reduced version) and then there are new faces, short-listed for the sustainable growth of the constituent stocks is full of Fukuda car. A Quarterly Bulletin revealed that various types of vehicle sales in the company rose 47% last year based on the further sharp increase of 42.9%. Operating income increased as the clear leader in operating costs increase, profit margin expansion, net profit rose 179%, report 0.566 yuan per share, is the 2009 half-year earnings per share of 1.15 times. In a number of construction project will be put into the case, expects a capacity planning problem will be better this year, the annual earnings per share of 2.26 yuan a breakthrough possible, the current dynamic price-earnings ratio is only 8.9 times.

The third phase of “beautiful 15″ (reduced version) Briefing

Code
Referred to as 3 04 months
April 29
cumulative gains
Dynamic price-earnings ratio
09 per share

Close (yuan) close (dollars)
(%)
(Times)
Income (yuan)

000528
Liugong 21.57 20.43 -5.28 8.5
2.39 (10 expected)

000550 JMC 21.00 -5.23
9.2
2.28 (10 expected)

600449
Racing Industry 35.23 26.40 -25.06 11.6
2.28

000961
South Building 19.35 14.97 -22.64 6.9
2.18 (10 expected)

600742 FAW-rich dimension
26.92 22.11 -17.87 13.2
1.68
002208
Hefei Urban Construction
23.16
-13.16 17.2
1.35 (10 expected)
000 338
Weichai Power
60.14
-1.60
8.07.50 (10 expected)
600 166
FOTON
20.11
8.9
2.26 (10 expected)

(Which, due to short-listed at different times, Jiangling Motors, Hefei Urban Construction, Weichai Power and Fukuda benchmark price of motor vehicles were 22.16 yuan, 26.67 yuan, 61.12 yuan and 20.11 yuan)

The third phase of “beautiful 15″ average -12.98 10.4

“Beautiful 15″ 51.24
31.61

Beautiful 15 leading index
304.74%
359.45% (4.5945-fold)

The Shanghai Composite Index 2868.43 6.88

Add to bearish market

Sunday, September 5th, 2010

-Action: add to bearish market

Bank of China announcement, the Board has recently adopted an additional motion to vote, decided to issue 40 billion A shares market, convertible bonds, which is face value of one yuan of 40 billion A shares (issue price and to raise funds because of the scale is not pre- determined), the difference is that 40 billion A shares issued after 6 months to become equity. In view of the Bank of China’s A share price of the current 4 yuan, it is estimated the additional funds from the market, take away the 1400 billion.

This message as a large-scale supplementary capital of the banking sector this year, a prelude to action, is inevitable. China Banking Regulatory Commission said earlier, commercial banks to add capital to follow the market approach. The so-called market approach, of course, for the stock market.

According to the Board, at present the Bank’s capital adequacy ratio was 11.63%, higher than the China Banking Regulatory Commission to develop the largest bank in the standard shall not be less than 11%. Domestic commercial banks to hold a large proportion of the domestic risk weighting of zero, and therefore no bad debt provision of sovereign debt investment grade, this is actually quite high. It is said the CBRC plans to large banks raise capital to 12% off the assembly line. Even so, to 0.37% and bring disaster to the interests of investors on a hundred million A shares, is clearly thy-neighbor approach. That being said, the domestic banking system to the stock market is indeed an enemy of Bo in their own interests.

Do not think that other commercial banks previously reported relatively high capital adequacy ratio to the neglect of the possibility of additional follow the Bank of China, because of the continuing expansion of the asset at any time to oppress the capital adequacy ratio to 12% or less, especially distribution of the corresponding reduction in the annual capital Allowance.

The Dow rose to 11,020 points, a 20-month high

Thursday, August 26th, 2010

-Action: a beautiful 15 today Aspect

A good quarterly performance expectations, market confidence has been lifted, U.S. stocks opened higher today fully, the Dow rose to 11,020 points, opening soon, creating a 20-month high. Following last Friday’s drop in the dollar index today Tiaokongdikai adjourned to the decline. Wall Street bank is widely expected quarterly results for a sharp rebound in shares. Standard & Poor’s analysts will be short-term goals to increase from the previous 1200 points to 1250 points.

A stock market jittery today, heavyweight, real estate stocks fell heavy volume, a very thick atmosphere of panic. To the closing stock index reported 3129.26 points, down 0.51%.

Today, beautiful 15 (reduced version) Gone with the Wind green across the board again. South building fell 4.92%, but the low carry active, turnover rate 6.12%, the highest in almost three weeks. To close in the third period pretty average cumulative increase of 15 from the previous trading day 1.81% to -1.33%, the cumulative increase of 15 beautiful down 49.23 percent from 53.98 percent.

Panic is the enemy of the market. Today’s A-share market panic even if not really reached the limit, it is unusual feel. Such as interest rate expectations, with Zhou Xiaochuan are wondering: Who want to raise rates? Sinopec, another example of refined oil price adjustment once again ignored the 2.16% drop last weekend, the Premier visited the rural areas, said oil prices would raise subsidies for farmers, which strongly suggested price adjustment will be implemented in the near future.

I hope that the external market does well dispersed A-share market is conducive to panic.

The third phase of “beautiful 15″ (reduced version) Briefing

Code
Referred to as 3 04 months
April 12
cumulative gains
Dynamic price-earnings ratio
09 per share

Close (yuan) close (dollars)
(%)
(Times)
Income (yuan)
000528
Liugong 21.57 22.38 3.76 16.8
1.33
000589
Qian Luntai 18.40
18.05 -1.90
12.7
1.42
600449
Racing Industry 35.23
35.05 -0.51 15.4
2.28
000961
South Building 19.35 18.73 -3.20 8.6
2.18 (10 expected)

600742 FAW-rich dimension
26.92 26.20 – 2.67 15.6
1.68
002208
Hefei Urban Construction 26.19 -2.13
21.8
1.20 (10 expected)

The third phase of “beautiful 15″ average -1.33
15.2

“Beautiful 15″ 51.24 49.23

Beautiful 15 leading index 304.74%
196.57% (2.9657-fold)

The Shanghai Composite Index 3129.26 16.60

Contradiction with the expected interest rate rise

Wednesday, July 28th, 2010

-Action: a beautiful 15 today Aspect

Recent soaring international commodity markets on the one hand is affected by soaring prices of iron ore a long association double traction, on the other hand I am afraid that with the foreign investors generally expect further appreciation of the renminbi. Various aspects of the message to determine the yuan’s recent appreciation of the possibilities are.

At the same time, the voice of the resurgence of domestic interest rates. It is noteworthy that interest rates and expected appreciation is extremely contradictory. First of all, the original expectation of RMB appreciation would stimulate the flow of hot money, and once interest rates, equal to the expected appreciation of this piece of cake to hang frosting, hot money inflows becomes stronger. Second, the positive role of RMB appreciation is to expand domestic demand, but interest rates on the contrary is to curb domestic demand, real interest rates, and appreciation of the negative factors will become one-sided. Third, the idea that raising interest rates to curb property prices is wishful thinking to say, because the interest rate on the property market is far greater than the supply constraint for the role of demand and increased supply of future cases to stimulate the property market prices rise revenge. This point had been repeatedly been fully verified.

Today, beautiful 15 (reduced version) full down, except Liugong, the decline was less than 1%. To close in the third period pretty average cumulative increase of 15 from the previous trading day 2.84% down to 1.76%, the cumulative increase of 15 beautiful down 53.90 percent from 55.54 percent.

From tomorrow, the third of a beautiful 15 (reduced version) to add a constituent stocks – Hefei Urban Construction (002208). Partly due to good growth stock performance this year, in the first quarter increased 35 times expected earnings per share 0.37 yuan, the annual earnings per share 1.20 yuan more than in 2009 achieved 0.693 yuan, and distribution plan to send 10 to switch 5 get 5 0.6 element; in part because of the previous five did better than expected performance of the constituent stocks of the Hefei Urban poor need to be encouraging about.

The third phase of “beautiful 15″ (reduced version) Briefing

Code
Referred to as 3 04 months
April 7
cumulative gains
Dynamic price-earnings ratio
09 per share

Close (yuan) close (dollars)
(%)
(Times)
Income (yuan)
000528
Liugong 21.57 22.83 5.84 17.2
1.33
000589
Qian Luntai 18.40
18.08 -1.74
12.7
1.42
600449
Racing Industry 35.23
35.78 1.56 15.7
2.28
000961
South Building 19.35 20.17 4.24 9.3
2.18 (10 expected)

600742 FAW-rich dimension
26.92 26 .62 -1.11 15.8
1.68
002 208
Hefei Urban Construction 26.76
22.3
1.20 (10 expected)

The third phase of “beautiful 15″ average 1.76
14.1

“Beautiful 15″ 51.24 53.90

Beautiful 15 leading index 304.74%
211.83% (3.1183-fold)

The Shanghai Composite Index 3148.22 17.31