rebound | china financial daily

October 14, 2008

Stock Market Of A & B

Filed under: Financial News — Tags: A-share, analysis, B-share, capital injection, rebound — kinpoo @ 12:21 am -0700

Early analysis: A-share is very difficult to out of their way
Europe and the United States started again last night to rescue the market, and the stock market appeared rise of Europe and the United States market. And in early trading Nikkei and the Hang Seng Index performance is going to be substantial. And the A shares in early trading today also opened the high-situations, but we is not in good state, and we only to follow the trend, plus the market also has less confidence of the market investment. The market opened in the near future, so there is a high level of the fall.

In the afternoon the quick assessment: the past high market turned round, and the bounce depended on the important stock on the afternoon today
A-share market has obviously been affected by the world’s positive impact on the red Monday, sharply higher in early trading opened. Shanghai Composite Index opened at 2139.06, opened 65.50 points higher, but after the opportunity to 2146.73 points we are facing a more serious sell-off, especially the heavyweights in the early emergence of obvious characteristics of the cash funds.

Bank of Japan and Australia rescued the stock market again with putting out a capital injection Joint of 12,900,000,000 U.S. dollars to ease credit crunch
Hexun news: according to Bloomberg News it was reported on October 14, after the European leaders announced spending huge sums for the inter-bank loan guarantees to rescue, Japan and Australia are also active handed again to save the market. The two countries join hands to use the central bank’s own money market with injection of 12,900,000,000 U.S. dollars to alleviate the global credit crunch.

A-stock sharp rebound in stocks is difficult to see
A-share on yesterday afternoon followed the trend of the external market, and today followed the trend of U.S. stocks opening higher, which is only reinforcing the same message. Because we are all aware of what kind of background the external market produced. Naturally the hollow target of heavyweight-stock and short high rushing of stock index are also felt flattering.

[Afternoon commentary] B share index rose 1.59 percent in half-day, and turnover doubled
Panorama network on October 13 news: because many governments have been offering financial rescue plan, Europe and the United States overnight stocks rose more than 10% of the incentive. Because of he continuation of a strong Asia-Pacific markets Tuesday, the Shanghai and Shenzhen B-share market rised sharply higher in early trading open, but the resumption of the is difficult to be accomplished overnight. After taking stock index up more than half, turnover in the two cities marked with a big bang, showing signs of active funds.

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October 12, 2008

Securities Markets & Share Holdings

Filed under: Financial News — Tags: Buffett, rebound, securities — Nancy @ 10:23 am -0700

Securities business: Warrent Buffett in the storm
The Stock King Warrent Buffett altered
In the past half month, the panic of Wall Street start to become an encounter in a century. But half a year ago, Warrent Buffett thought that “the worst time of the crisis was over”. Now, he will change the idea to call it as “Economy Pearl Harbor Event”. He also criticized the action of Congress on finance salvation is so sluggish.

Ford planed to seel out part of shares of Mazda
Xinhua Beijing on October 12: According to Reuters, informed sources said that due to the decline in car sales, the spread of financial crisis and debt burden, the United States Ford Motor Company is considering the sale of some of Japan’s Mazda Motor Corp. shares.

More than 50 listed companies increased holdings of shareholders
Suning Appliance, ZTE, Hong Run-building,and other corporates’ announcements show that recently, the shareholders increased holdings from 0.006% to 2%. According to statistics, since August 28th holdings of Securities and Futures Commission issued new regulations, the holdings of shares by shareholders of listed companies has more than 80.

Insurance is explained as present, and melon-cutting as high interest, so client cannot set his heart at rest ahout bank insurance
Although the banking supervision departments, trade associations continue to standardize the documents of the Bank’s insurance sales, many members of the public reflect that the bank insurance sales personnel misleading seems to be increasing. Why can not get out of the cycle of bank insurance misleading?

The rebound of A shares is prevented, and bond market feed “fund” to overwinter.
Among the investors in the bull, market rate of return of only 3% to 4% of the bond funds may be uninteresting, but in the face of the A shares fell more than a bear market, the pursuit of stability in the value-added assets investor attention will start to bond Funds, less than the record high bond bull market is raised debt-hot.

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September 29, 2008

Financial Crisis Effect

Filed under: Financial News — Tags: brokerage, Citigroup, rebound, Sinopec — Nancy @ 7:31 pm -0700

Asian foreign exchange markets in early trading on the 30th U.S. dollar are against Japanese yen, hitting the lowest in four months
Comprehensive news coverage on September 30: 30 Asian foreign exchange markets in early trading, the dollar is against the yen after touching 103.53 yen, the lowest since the end of May. In the United States 700,000,000,000 U.S. dollars rescue from the House of Representatives is rejected by the accident, leading to the eve of the U.S. stock market. Investors sell off any high-risk site.

After the Day it will continue rebound
Brokerage believes that the performance of listed companies and the growth is important to choose stocks based on. Recently, the policy has been warmer. Since the Ministry of Finance and the SASAC encouraged the controlling shareholders of listed companies stock holdings, there are more and more holdings of the controlling shareholder of the increasing number of cases and high enthusiasm.

Citigroup Will Buy Wachovia
Citigroup will buy Wachovia and assume operational 312,000,000,000 U.S. dollars in loans of a maximum of 42,000,000,000 U.S. dollars loss. Comprehensive Beijing newspaper reported on Monday night that the U.S. Federal Deposit Insurance Corporation (FDIC) said that Citigroup will acquire the Wachovia Bank in a difficult situation.

Sinopec 4,300,000,000 shares will be post-banned, accounting for more than half of the percentage of outstanding shares
A China Petrochemical will post-ban on October 10 the sale of shares 4,300,000,000 shares limited, representing the proportion of the outstanding shares of 51.01 percent of the total capital ratio of 5%.Southwest Securities based on recently released data, and reported in October the restrictions limit the sale of shares in China’s petrochemical monopoly 43,091,000,000 yuan, for a total 50.22 percent of 85,800,000,000 yuan.

Curing the financial crisis, China and Integrated Traditional and Western Medicine has a good effect
CBRC Chairman Liu Mingkang of Tianjin in Tianjin attended the 2008 Davos Forum, said: “The current in the United States since the Great Depression, is the worst financial crisis in the world, but it is still monitoring the local, international cooperation which should be strengthened . “He strengthened international cooperation against high expectations of the financial crisis.