After five and anion, Tuesday market did not undertake the previous trading day weipan rally, long, low, open, and then by-wave huitan push, but did not amount to follow up, in the afternoon, the market began to decline, down eight points close. Turnover continues to shrink, two city trading volume 83.48 billion.
The market always faces break Chin may be six large dish even yin have lost nearly a hundred point, Prev close approximation of the Chin point again. The trend show on Tuesday the slack tape still lack rebound sign, lax, investor confidence, the market down broken bits of strong internal inertia forces are still likely to be the current market trend, the market is faced with the possibility of breaking the Chin at any time.
Pessimist: 800 points not impossible
Lin from haitong securities, save believe to large pandie 800 points is not possible, although five years to A share index has dropped to 70%, but A-share market numerous performance differential unit, waste unit, the current price is still too high, there is a decline in May. Forest view, previously the Commission President in his speech, Shang Fulin made it clear that the pilot did not share in the third, "strive to be concentrated in a relatively short period of time, basically completed the share-trading reform," description of share reform will be full speed, a full circulation of A stock market not far away. In the stock supply increased, securities market differentiation will further intensify, it will only be concerned with those blue chip-chip, while the low-performing, non-industry leaders, nothing highlights of waste unit, will be forgotten.
Forest-deposit to Hong Kong stocks, for example, 1000 only Hong Kong stocks, stock prices in excess of the above only HSBC Holdings, twenty or thirty dollars stock only thirty years only, and this corresponds to the stock below $ 1, with more than 680, in which the stock in 1 cents below 300 only. Currently, a stock market share price is lower than 1 hair money yet, less than 1 dollar money in only two. As long as the contrast with a Hong Kong stocks, you see that those who refuse unit there is still a considerable decrease of space. Forest view, Hong Kong stocks in the stock price is lower than the net assets of abound, but which have no influence. The stock of the situation in the future A unit has a great potential for recurrence.
Optimist: market maximum pessimism has lifted
With the above views, guosen securities senior analyst Li Wen-hui believes that the market decline of space is not large, on the ground from him on the shareholder structure of rational calculation. Lee believes that has launched a pilot programme of unit into view, assuming that the market average 10 unit sent 2 ~ 2.5 unit on prices should not be a too high estimates, for example, power (information market Forum), a non-negotiable shareholders equivalent to the flow of shareholders every 10 shares to pay consideration 2.27, coupled with capital reserve increase and dividends section, circulation at least every 10 shares of shareholders may obtain 2.5 unit above, CITIC Securities (information market Forum) is sent for every 10 shares, huahai 3.2 pharmacy (information market Forum) and 10 send 2.5 unit. Like the star-quality companies that have such a delivery unit, the performance of the company, compensation should be more than that. If A stock market for every 10 shares has 2 ~ 2.5 compensation equivalent to the market increased by 20% to 25% of the space. In the broader market indices maintained at 1000 points are not changing, the market actually has dropped to 800 points or more. Therefore, at least for a certain period of time, the market is no reason to 1000 points. As for the unit to increase stock supply, after Li Wen-Hui did not consider it necessary to have too much anxiety. In accordance with the provisions of the unit into a non-negotiable shares, the amount per year, for the performance of the company, the shareholder to holdings, stock will not strongly, the possibility of selling point is to exist, but will not be sold to not holding. Even those who are willing to sell the stock, their cash funds, there will be a significant part of the return to the market. Therefore, the fear of unit into Quicken will cause share prices have no reason to.
Pessimist thinks that A stock market numerous performance differential unit, waste unit price still too high at present, stock index fell to 800 points is not possible; optimist that now tradable ideas have been identified, the securities market is the biggest factor of bad addresses, the market is no reason to 1000 points. 1000 points or 800 points? for has many uncertainties of the Chinese stock market investors found that they still face a "Hamlet" proposition.
No comments:
Post a Comment