Chin point raised rebounded weak effect in settlement

Today the market continue to slight callback, spare once a substantial decline in the stock market index fell to 1000 point integer, tail, in the Fund to the dramatic effect of stocks rebound, the two sides on the date of the stock index to regain lost ground, finally closing with cross star. Two city total turnover of about 80 billion compared with the recent enlargement. Technology trends, two city market is in decline, short-term oversold despite repeatedly, but no visible signs, because of the dramatic rebound in the stock market index callback to 1000 point integer position, historically, key locations tend to have a better result. According to the China Securities Depository and Clearing Corporation publishing open data show, June 1, the total number of new accounts (including A shares and b shares and funds) reached 10665 households, and may 31, the total number of new accounts, increased compared to 6008 households had 78%. From the trend, this year, more new accounts whilst a considerable drop in 2004, but since March this year, this drop has started to reduce, if June can continue this growth momentum, that due to the significant decline in the stock index of on over-the-counter funds have more attractive, we believe that the current lack of incremental funds directly to attract the policy, the market is always a lack of funding, lack of incremental funding for admission is related to the policy and guidance. In addition the Commission Chairman Shang Fulin represents five measures promoting capital market reform and innovation, in the share-trading reform pilot process aims to achieve market supply and demand balance of funds, from the article, no concrete measures, is expected to have a policy of substantial benefit to wait for some time, waiting for the conditions of further maturation. Disc surface characteristics 1, bank stocks has played an important task of defending the Chin point, cmbc, Huaxia Bank, deep development, Shanghai Pudong Development Bank, China Merchants Bank merchant rebound, push the stock bottomed out, the Board's overall strength and no substantial good, some market participants considered that, Bank stock market orientation has been quite close with the Hong Kong market, the plate portion of the stock of existing valuation has continued to fall to block. 2, power plate, part of the stock fell today as qianyuan zhangze power, electricity, electric power, Star Xichang etc has substantially decreased. 3. Fund after heavy stocks down first, Yunnan baiyao, cimc, suning power, and so on that day the oscillation amplitude exceeded 5%, this part of the stock once a sharp decline due to short-term oversold thrown back, finally closing with hongpan. From Tiger Edition was released yesterday, deep in the motherboard market, decrease of more than 7% of five securities, there are four stocks appear in gold. Indicates that the high-end customer in gold has been the recent sell-off of agency core assets. In the face of the core assets, Fund Manager can do only sell shares, homeopathy. View recent fund the active adjustment is quite normal, since the Fund's core assets take highly concentrated positions will result in part of the stock market price the height, the current decline is an error-correction process, these stock adjustment is well in place. Therefore we consider that even today a rebound in funds to stocks also wouldn¡¯t yet.