Saturday, December 18, 2010
Buffett's holdings in the oil again.
: Http:// hearing on Friday, in a good stimulation of non-farm data, U.S. stocks continued to rise, SP500 index rose 0.96% to close at 1,557.59 points; the Nasdaq composite index is up 1.71%, to close at 2,780.32 .point. .Although the U.S. stock market performed well, but a continuous rise in pre-market is relatively weak in Asia, major markets were mixed. .Although the AH yesterday A shares in a large-cap stocks surged, driven, these H-shares of listed companies in stock price changes is limited. .China Life rose 1.448 percent, to close at 49.05 Hong Kong dollars, A share premium over H shares rebounded from the previous low of 28.95% to 38.25%, but compared to the previous level several times to reach 60%, A share price is still not high compared to H shares .; China Ping An fell 3.276 percent to close at 106.3 Hong Kong dollars, the same day A shares rose 4.77%, A share premium rate rebounded sharply early low of 19.28% to 37.42%, with China Life Insurance premium of approximately the same rate, in this year, Ping An A .Premium rate has been lower than China Life. .Banking sector, ICBC rose 4.508 percent, to close at 6.26 Hong Kong dollars; Bank of China rose 1.142 percent, to close at 4.43 Hong Kong dollars; China Merchants Bank rose 2.941 percent, to close at 35 Hong Kong dollars; through early changes, and China Merchants Bank A .Shares of the premium rates have been previous high point of 40.72% 20.77% down to the present, but still higher than that of China Merchants Bank a premium of 0-10% of the normal range. .Warren Buffett once again the oil holdings, according to the latest reported data HKEx Buffett September 21 to 11.99 Hong Kong dollar holdings of 6661.4 million shares in the oil, which is the fifth since July Buffett's holdings in .oil, and its shares have been held by the 2,330,404,000 shares to 1,470,601,000 shares lower, H share capital increased from 11.05% down to 6.97%. .But the market seems to be the reduction of the larger players in the oil Buffett unmoved, but there is enough floor tray also took shares of Buffett's holdings, after the reduction in their number, the oil price rise not fall, .yesterday to close at 14.1 Hong Kong dollars. .Of course, Buffett has always been looking long term, the former dotcom bubble, he spent more than four years of waiting to prove he's right, this time just because of oil price increases in the short term wrong market, Buffett said, but also .premature..
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