Policy blowing warm air market confidence is restored frequency.

<P> There are two banks in the Department of the weekend open-end funds issue and the Commission has approved easily Fonda, Peng Hua, Lion, Harvest, ICBC and other nine fund companies for multiple accounts eligible for financial business, driven by positive ., Shanghai Composite Index opened 4546.75 points to close at 4561.13 points midday, up 64.01 points, turnover of 48.88 billion, more than 800 stocks rose more than 24 stocks fell; Shenzhen Component Index opened at 16,718.78 points, closing at 16,884.98 points midday, up 388.75 .point, turnover 5.225 billion, up 688 shares, 17 stocks fell. .Turnover between the two cities than the previous signs of significant amplification, reflecting the positive stimulus of active funds. .Industry point of view, animal husbandry and fishery is still led the broader market, rose more than 4%, commercial chains, instrumentation, pharmaceutical, telecommunications industry has also followed. .Change Number of multi-occupied ratio shows a clear advantage, and turnover is also an amplification, frequency of warm air blowing policy side, the market confidence is restored. .</ P> <P> It http:// hearing, panel view, two issues of agriculture and the pharmaceutical sector funds plate against a larger force, which blocks the Hejia, Denghai Seed, universal Denon, Xinnongkaifa ., Long Ping High-Tech Great Northern Wilderness, and among the biggest gainers, medicine section of the sea is strong medicine and health yuan to rise, with prices subject matter eye-catching performance of the sugar and stock tires, which of your shares and Nanning Sugar sugar strong limit, and tires .Qingdao Double Star stocks also performed well, released 10 9 Ingenious also send a strong limit, driving some of the expected high turn sent stocks small plates of the strong. .Published February 19 in which the annual report of fertile Chinese medicine, sailing shares and green earth gainers. .</ P> <P> comprehensive analysis, in January 2008 and February 2006 and the collapse due to surge in 2007, the digestion of high valuations, internal and external, the external economic environment, lower growth, the global economic recession .concerns, tight domestic monetary policy and macro-control pressure, lead to lower growth in the market for domestic macroeconomic concerns, while the size of non-lifting of the ban and financial pressures chips, A-share market a substantial equity financing corporate impulse, the market estimates are induced .concern value, and the Fund on the super-distribution and other major blue-chip financial position is exacerbated by the tone of the market adjustment limit. .From the broader market since the October 2007 mid-term adjustment period of 4 months has completed the ABC in three waves, the index fell 30%, already at the end and mid-end adjustments. .First of all, after the Lunar New Year, the Shanghai market on February 15 Shanghai unilateral market has reached a turnover of 58.4 billion on February 5 554 million, July 13 570 million and on November 27 and 28 .540 billion. .Amount of energy that point in 4500 under the short kinetic energy has been a big failure. .Another 20 are expected next Thursday, and 5 lines, 10 lines converge. .30, line two weeks, will also converge, once the beneficial stimulation of good news, explosive upside. .Second, the market already has investment value, the Shanghai and Shenzhen 300 Index in accordance with the present performance of the dynamic price-earnings ratio in 2008 was 25 times, the management stopped in the 6000 stock funds in 4000 to re-start a new fund management that is currently authorized 4,300 points .the point. .Management can also halt peace, financing, taxation measures, financing rhythm control and reform the system of issuing new shares to prevent the stock market ups and downs. .</ P> <P> CPI on Tuesday announced the imminent fears than-expected CPI in January, the central bank raised the reserve once again the possibility of short-term the market will be repeated. .However, we believe that in 4100-4500 the low area oscillation bottoming process requires patience. .This process is the process from quantitative change to qualitative change, technical indicators and the index appears at the bottom or a little eventual reversal distance, I believe that when technology and policy at the end anastomosis end, in March with the debut performance of the major blue chips, if 2007 .performance of listed companies increased by 60%, we believe that disclosure of listed companies during the 2007 annual report the performance of the waves can still look forward market speculation. .Of course, the future market rebound space and sustainability will depend largely on whether to bring the policy in March and the subsequent further clarify the results from the first quarter performance of listed companies, the market capital side effects, management .attitude, the rhythm of the new fund issue and the market's pace. .</ P> <P> 2008 the new government will increase government spending on agriculture, energy conservation and the pharmaceutical sector's expenditure will be relatively large, for which agency will fund flows Recently medicine, agriculture, commerce, small plates, .venture capital and 3G, machinery and fertilizer. .The new government will focus on improving people's livelihood and promote social harmony. .Expansion of urban basic old-age insurance and basic medical insurance coverage, basic medical insurance for urban residents to expand the pilot to popularize the new rural cooperative medical care system. .Develop education and health services, adhere to the public health of the public nature of the steady implementation of the medical and health system for the people to provide better medical and health services. .In two forthcoming before the dip CHINA concern medicine, daughter of medicine, Jinling Pharmaceutical, the river Fosun medicine pharmaceutical and medical stocks. .</ P> <P> growth is always the subject of high-Song Pei theme is the permanent theme of annual market. .2007, the most prominent effect of the stage to make money in the annual report before and after the announcement, while the annual market in the most important theme is-expected that the distribution-than-expected performance and the high ratio on January-April 2008 with overall market movements during the period to .crucial influence. .Policy tightening is expected in the next institutions to advocate diversification and differentiated investment strategy to deal with systemic risk. .Advantage in the style of small-cap stocks will last 1-2 months. .Recent topics of high Songpei stocks favored by the funds, such as the Golden Phoenix has announced technology, Suzhou solid technetium, purple Xin Pharmaceutical, Guangyu Group, GD and other contrarian rally, one concern has been released High Bonus .speculation is not sufficient and other companies such as GD, and Ingenious. .In addition, a considerable number of good results in small cap, high growth, capital fund and more, end of year to send a high proportion of transfer possible. .The current stage, high dividends and High Bonus and distribution potential of the company with high market funds will be sought after. .Investors, according to the Annual Report has disclosed the time of high concern is expected to send the stock transfer, such as the green earth, sailing shares, radius support, dual-Heron medicine, such as Royal Bank shares and Jilinsengong. .□ Huatai Securities </ P>.