97% of the fermentation has been revealed positive profit report.

<P> Market is still down in the inertia, the two cities yesterday, driven down heavyweight again, the bottom of the building appears not a single day. .In the pessimistic expectations, restore investor confidence requires a complex process. .The recent market events occur very intensive, it is all the new situation in the game of unprecedented complexity of the market led to the current market and confusing. .</ P> <P> is still good "fermentation" </ P> <P> in a number of recent fundamental and market-related information, the positive factors in the majority. .Olympic torch has been officially lit, the Olympic business opportunities on the positive effects of the economy has been closer and closer, approaching launch of the GEM, the prototype of a multi-level capital market is emerging; unpopular in Taiwan last weekend's "referendum" failed, over the years hanging in the market .to alleviate the concerns, a point often weighed on the market in sensitive excuse be removed. .</ P> <P> Policy surface continued to pick up, especially the issue of new funds. .21 China Securities Regulatory Commission approved four new funds, including three equity funds and one bond fund, which is the third consecutive year, 7 weeks since the Commission approved on Friday a new fund. .This means that A-share market's subsequent efforts to gradually strengthen the supply of funds, but also conducive to the formation of a wave of efforts to the broader market bounced up a larger market. .</ P> <P> change inflation expectations may be at a turning point. .Residents of the central bank survey showed a substantial decline in inflation expectations. .The central bank said that "interest rates, reserve ratio has increased space" only after raising the deposit reserve ratio, the intensity is actually less than expected; analysts believe that inflation in the coming months if there is no significant decline in inflation expectations may change in the residents. .</ P> <P> It http:// hearing, the Commission said it would strictly review refinancing options listed company, yesterday another fund company issued guidance on fair trading system, from the investment decision-making, trade allocation, monitoring, surveillance and information .Disclosure of fair trading system building, "Rat" and the special fund account the interests of financial transfer may occur by the scheme. .</ P> <P> but, as in the strong market rally, the bad effects of the policy tends to weaken or delay until the cumulative effect appears to play the same deficiencies in the decline of the market environment, many positive effects also need to .a fermentation period, and, as the market environment, the cold, the fermentation period also need to be extended. .</ P> <P> valuations become more reasonable </ P> <P> Annual Report is being disclosed, according to statistics, annual reports have been disclosed over profits of listed companies increased 37.75% over the same period last year; if weed out the impact of China's oil, .comparable year on year profit growth of 79.28%. .Among them, 97.15% of the listed companies profit, 86.97% of the listed companies net profit growth year on year. .Even if the business slowdown, but still growing. .The fundamentals of listed companies in the large-scale deterioration of the situation did not occur, the results sufficient to support the current share price, after a sharp correction in the market, the valuation has been amended, has little room for further decline. .Can be said that a rebound in the direction is clear, but the bottoming process is very complicated. .</ P> <P> games become more complex </ P> <P> but the market is supply and demand variables are unprecedented since the bull market. .The biggest bull market in the main body?? Funds, and their right to speak face the biggest bear market size of non-lifting of the ban the army of the main challenges. .According to statistics, from 2008 onwards in the next three years, A-share market will usher in the "ban" peak, total "ban" the scale is expected to reach 903.19 billion shares. .Among them, the number of shares in 2008 lifted a total of 118.127 billion shares, 2009 is 663.742 billion shares, up 121.321 billion shares in 2010. .Short army arrives in the new situation, the market structure becomes very complicated game, which is the bottom round market can not afford to delay the end of one of the most important factors. .Opportunities and risks in this period, the market may need more patience. .</ P>.