A rebound in the stock of capital without the support of the first 8 months down.

<P>: Http:// hearing, after a continuous 8-month continuous growth, A-share market stock funds in June a sudden decline. .</ P> <P> SW Shanghai Securities News and Securities Research Institute, jointly launched the latest issue of the "stock market monthly financial report" shows that in June, A-share market stock funds net decrease of 100 billion yuan. .This is the stock funds in September last year, down 10.0 billion for the first time since the fall. .As of June 29, Shanghai and Shenzhen stock market capitalization of about 1.006 trillion yuan. .</ P> <P> the A-share market funds have been two consecutive months, the monthly chain there deceleration, the stock market funds into short-term growth surface is the bottleneck as investors need to pay close attention to the problem. .</ P> <P> transaction costs increased mainly due to </ P> <P> the latest "stock funds monthly report" shows, June 1, 2007 to June 29 period to IPO IPO capital outflow .15.6 billion, in the form of stamp duty and commission amounted to 53.3 billion outflow of funds, the funds into the market about 589 million, offset by after-market stock funds decreased by 100 billion yuan. .</ P> <P> compared to last month, the month the new market funds (one-way flow) from 76.0 billion to 53.3 billion reduction, resulting in recessive loss of 17.1 billion of funds; the burden of stamp duty and commission from .34.0 billion increase to 53.4 billion, resulting in the loss of 194 billion yuan; IPO significantly speed, increased by 150 million capital expenditures. .</ P> <P> Overall, capital inflows slow down, stamp spending and new shares issued speed, co-pressed financial market, "Tau", while the increase in stamp duty and commission expense is the main reason. .</ P> <P> rebound surface support has not been funding </ P> <P> stratified sampling based on calculation of SW Research Institute shows that capital market activities in the June surface was divided into several stages. .</ P> <P> first in the first three trading days in June, despite the broader market plunge, the market stock funds have been increasing, suggesting that there may be short-term money market transactions; from 6 to 15, the tape .During the early impact of the high points, the market stock funds has been decreasing, which is likely to be the broader market was an important reason for not high; June 18, "China Ocean" began to subscribe in cash, A-share market has also ushered in a June maximum .net inflow of funds in a single day, a substantial increase in market stock funds 34.0 billion the same day; has dramatically, June 21 the Commission issued a document in full swing QDII fund brokerage business, on a net outflow of 19.0 billion market; then with .high failure of the broader market, the market stock funds have continued to decline, from 22 to 29, A-share market stock funds average daily reduction of about 40 million. .</ P> <P> Clearly, the June 18 issue of new shares and the broader market QDII policy announcement, does that affect a certain amount of funds, and funds have not been pre-rebound surface support, the more important reason. .</ P>.