China Securities Certificate shall be the blog asked him online, but also in the New Year Yǔ Nóng dedicate a gift of Chinese securities investors, in particular, soaring to meet with the author
a new year, 09 year bull market review ad summary
investors over the past year is awarded the harvest of the year, although we have experienced 08 years of financial crisis, but the central government issued a series of timely and decisive policies to stimulate the economy, in which the stimulation, China's economy for a single flower show, proud of the first world, to show the world the economic recovery of the Chinese people's wisdom and courage, made a great contribution, the universal high praise. A stock market crash from 2008, after continuous to 1664 points out of the downturn in the market for the year rose 80%, A-share market once again usher in a surging bull market, Shenzhen Component Index rose more than 100%, the Shanghai index was relatively less, but the biggest gain was more than 90%, stocks rebound is strong, the stock doubled to become the norm, up to 4 times 5 times or even a significant number also.
Second, the new year ahead
Outlook 2010, China's economic development is facing still more difficult, the international community to join hands in the economic incentives for achieving economic recovery are faced with increasing economic stimulus withdrawal and adjustment of the pressure, the strengthening of inflation expectations also facing tightening of monetary policy , the slow pace of economic recovery in the global context, foreign trade situation is still grim, change the extensive mode of development, promote economic structural adjustment, support key strategic emerging industries, is still facing many challenges.
New Year, for Chinese investors , the State Council issued a series of heavy policy, in 2009 closed the last trading day, the State Council approved a tax on the size of the non-reduction program, from 1 January 2010 onwards, the transfer of individuals from restricted shares of listed companies 20% of personal income tax collection. renowned financial commentator of water the size of the skin of non-reduction of the State Council promulgated the 2010 tax as a way to positive, which is the management of the stock market to the wandering shocks give a directional signal, the stock market in 2010 opening may be performed for a good start. a number of fund managers and analysts for the market are more optimistic about 2010, economic recovery have been identified, even with moderate inflation, there will be conducive to the recovery of corporate profitability. Cinda Securities chief strategist said Huang Xiangbin , according to his understanding of the message, along with strategic investors on the size of the non-and individual income tax is approved, the international tourist island of Hainan, and stock index futures may also be granted in the New Year's Day after the announcement after another, once the three positive followed in 2010 opening may be a continuous boom situation and soon exceeded the previous high.
British Institute of Lida Xiao Tai Securities, said the new regulations encouraging investors to long-term holdings, inhibit short-term cash behavior, loyalty and co-cultured cultural growth, investors care more about the fundamentals of listed companies, is conducive to the healthy development of the market. future reduction will have to pay personal income tax under the new regulations, a long time, corporate shares tax evasion route through individual shareholders on the gray channel blocked , the mysterious phenomenon of the rich will reduce the stock market over the place.
the face of such positive and optimistic people in the industry generally, we can see that confidence in the market management of care and determination, but revealed a clear signal, management has For the size of the non-aroused considerable attention, recalled in 2009 because of the size of the problem and give non-negative effects of the stock market has been plagued by the healthy development of the market, I believe that in the new year, the management first address inhibition revealed by the size of the policy of non-signal for the new year will play a positive role in promoting the market.
three trend of
Festival last few trading days from 2009 to the continuous rise in Look, Steller Shelter of the stock market is an objective, the author notes constantly emphasize multi-year market has been established: In the December 24 of the Notes ((main complete Jiancang, the new prices come)) article pointed out: the main pre-deliberate suppressed entirely for the purpose of adjusting stock exchange positions in the bottom of the main institutions have satiate, pre-judgment of our medium-term bullish fundamental is still valid, this wave of collapse, the main body should have completed the strategic position adjustment unit for the purpose of Jiancang , then the next big market is a new beginning. The author's closing comments of the day ((main 剑指 where?)) of a paper re-emphasized: operation, adhere to the holdings to be up, after a post-crash The current market is gold everywhere, and we always picked up gold shining, for holding re-emphasized the principle of Yǔ Nóng, adhere to hold gold in your hands, because it will soon be light. At the same author 30 December day afternoon assessment ((golden fly, 4500 is not a dream!)) once again called for the article: A macro news or holding festive holiday old topic before us, I thought: as long as Tazhun rhythm, a good grasp hold variety, ease holders Share the holidays is very safe and very happy new year 4500 has been occupied on the card is not a dream! later in the day's closing comments Yǔ Nóng ((grab chips warehouse full of the countdown)) article highlights: the last trading year day is coming, in the remaining 4 hours of trading time, how should we do? the broader market, how will the go? Yǔ Nóng that: the main rise has come, the climax coming, grab the chips warehouse full countdown! due tomorrow bulls grab chips, stock still more substantial gains, as long as we Tazhun rhythm, a good grasp hold variety, peace of mind is very peaceful holding festivals, and very happy, I believe the festival is full of joy after the stock market will also give you a surprise and harvest. Let us in 2009, the last full-time positions, let us in 2009, the last trading day of grab chips, let's warehouse operations to meet the full 4500 points coming!
in Review 2009 when the trend can not let us think of how many retail investors Ta, when hovering on the card to restart from the point of 1664, when many investors because of panic and Ta, when the threshold of 2400 points on the card, when the number of so-called Master, Finance bearish commentators vigorously, causing the number of retail point Ta of the 2400-3478 wave of the bull market. In today's economic recovery, market, and frequent positive situation, relationship, this is the long-short market differences can never be unified.
then how in the end the trend after the holiday go? 2009 on the card in the interpretation of the 1664 points to 3478 points of bull, go to a relative period of adjustment and stalemate phase, while undergoing a rebound several times, but below the high point in early mortality, 09 year-end rally interpretation of this wave to the ending, from a technical point of view a successful stand of 120 stock index closed contour, which is the author expected ; meaning quite significant. Furthermore, among the three good looking 31, has delivered one of the two remaining positive as the market's expectations and the expectations will be expected to fulfill, in fact, has made a positive reflection of the market . from the current policy, Fundamentals, technical perspective, the possibility of postganglionic Changyang great, soaring prices will rise in the post master be proved.
four Vision 2010
2010, the world economy will continue to slow recovery, although facing many difficulties, but the overall recovery rally is to establish a bottom, although in 2009 the process of economic recovery, due to inflation and the Vietnam and other relevant national measures taken to curb inflation, increase interest, then subject to greater China market, the market rumors that a lot, the general fear loose monetary policy can be continued, there was some strong reactions A shares, In the November 27 meeting of the Central Political Bureau and the General Secretary's speech, the central clear the appropriate monetary policy without wavering, to the central economic work conference set the tone, the Central Economic Work Conference has once again clearly appropriate monetary policy continue to give the A-share market a imagination and the opportunity to see the first half, I believe that the Chinese economy will enter a rapid recovery and development stage, but with the advent of rapid development, but also brought new problems, ; the problem in turn placed in front of economists and the central government. 2009 the central government for anti-inflationary expansion of the problem of anti-double-dealing was Just because the economy's rebound brought the inevitable acceleration of inflation and double-expansion will be more prominent, and the second half of the government might take to solve this problem, the series of measures and policies will also be pouring at this point in time. To this end, the outlook for 2010, the trend with the first quarter, I thought: from the annual trend of view, a quarter or two ago, will be the stage of stock index continues to rise, the Shanghai 3500 -3800 point should be seen, of course, the process of rising, there will be short-term adjustment, but that just like a spring in the cold, though colder than winter, but spring is always a warm up day by day. Third-quarter trends are likely to experience adjustment, stalemate, and then ascribed to the three stages, I believe that the year 4500 is not a dream. For the current fourth quarter, the trend is not especially optimistic about the author, the main reason the policy fine-tuning from the problems with continuity.
far as capital markets, the 2009 to ample liquidity of the stock market as the main driving force changes will occur, the market performance of listed companies will be substantial investment in upgrading the value of the core will occupy the mainstream, the expected launch of stock index futures in the clear context of the gradual, steady type of central line investors coefficient of weight, growth well, the low valuation key blue-chip plate configuration, such as insurance, banking, coal, steel and so on, as the government measures to stimulate the economy to gradually slow the lift, the new continuation of the policy of stimulating domestic demand, this wine, business retail, food, travel, automotive, appliance and other industries still have a positive growth potential and upside, in the subject investment strategy, the Shanghai World Expo, low-carbon economy, the Guangzhou Asian Games, the seven regional economic and strategic industries, in industries with excess of six The merger and reorganization, there are good trading opportunities. In short, the 2010 outlook remains bright A shares, the Chinese stock market will also be a step towards more mature and rational.
the past year, the harvest is the China Securities Investor year, new year, Chinese investors to look forward to a year. Yǔ Nóng goosebumps moment, filled with emotion, 09 years of long and short game fresh in our memory, of which there are mistakes because the judge with Yǔ Nóng to loss and depression, but also because of the joy of Yǔ Nóng precision operation and harvest. the new year the new weather, challenges and opportunities, let us closely pulse of the market, quasi-market step on the rhythm, precision capture stocks, in the full enjoyment of the new year brought us the market game excitement and happiness, let us look forward to the new year brought us the stock market the benefits and gains. Yǔ Nóng at this time can not help but re-reflections: life because of the stock market wonderful, and the stock market game but can not become a burden in life. despite the life, stock market confusing, Xiaokan waves of life and the stock market is the greatest joy of my life! 【Unit】
No comments:
Post a Comment