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<P> Stock market plunge late in heavy volume. .The reason, multiple versions of the market spread. .</ P> <P> sum up, there are several recent bearish news. .</ P> <P> message level, the central bank vice governor Wu Xiaoling, 19, said that in the case of double surplus balance of payments, China's excess liquidity risk exists, the central bank will be raised through the alternate use of the deposit reserve ratio and the public offering .central counting method to recover mobility. .</ P> <P> chairman of the National Social Security Fund Xiang 20, said the stock market performance this year was wonderful. .As for next year how much upside there, it is difficult to determine. .Compared to this year, due to the way stock index rose, the risk is also increased. .However, because the Social Security Fund to select multiple markets, varieties of investment, do not put your eggs in one basket, the risk can control. .Analysis pointed out that item, then suggests the need of social security have high shipping. .</ P> <P> see from the financial side, the next Zhouer Guo Shou A shares will be issued, there are agencies who will freeze 600 billion a conservative estimate of funds. .</ P> <P> In addition, the end of the year the Fund faces pressure on dividends, a cash requirements. .</ P> <P> the most recognized reason is that the recent rise in the broader market due to acceleration, profit-getting heavy, high lighten up will gradually increase. .</ P> <P> However, optimistic analysts believe that the stock does not change the upward trend in short-term adjustment. .</ P> <P> touch nerves in funding, the Ping An Securities analysts believe that 2007 will mark the two-way funds face big expansion, large expansion of the market value of the situation. .It was reported that funding next year look into the market of 4,500 million, will exceed the demand for funds. .</ P> <P> today's news that manages 225 billion U.S. dollars of funds, the largest U.S. pension funds - CalPERS next year will be the first to allow its fund investors, including China, several emerging economies, stock .. .</ P> <P> not be overlooked is that there are still hundreds of billions of new funds Jiancang period. .China Merchants Securities believes that the most sensible option at this stage is still cautiously optimistic, to be holding up. .</ P>.