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March 25, 2010

The rumor that adjusting the stamp duty cause the setbacks of the stock market

Filed under: Financial News — Tags: , — sherry @ 12:07 pm -0700

The rumor that adjusting the stamp duty cause the setbacks of the stock market
China A-shares fell sharply. Among them, Shenzhen Component Index is down 200 points, Shanghai composite index falling 37 points, once again approaching 3000 points mark. Some analysts believe that rumors of the duty adjustment today is one important reason for the stock market decline.

Recently, the “bilateral collected from stamp duty in April,” rumors frequently found in the mainland media. National Tax Administration officials did not make it clear whether to adjust the stamp duty. This ambiguous attitude, objectively facilitated the spread of rumors trend, although some experts have pointed out that the stamp duty policy adjustments and the introduction of stock index futures almost no necessary connection, but the SAT did not make a clear response to circumstances, investors rumors is still skeptical.

For the adjustment of stamp duty speculation, the Central University of Finance and Institute of Finance, Professor Qiang said the rumor as early as the beginning of this year alone, but there is no need to adjust the stamp duty. The current market conditions, stamp duty and policy should be stable. He Qiang said that the amount of stamp duty depends on the market, the level of activity, while the smaller the initial launch of stock index futures, stock index futures as the scale, the market “both sides to” transactions are more active, the total amount of stamp duty at this time there will also be greatly increased .

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August 28, 2009

State Research Center Fan Jianjun: days the amount of credit is not the housing market into the stock market

Filed under: Financial News — Tags: — lily @ 11:13 pm -0700

State Research Center Fan Jianjun: days the amount of credit is not the housing market into the stock market
In 2009, the stock market rose more than 70%, the housing market rose more than 40%, which more people believe that a lot of credit funds have entered the above-mentioned areas. The amount of credit in the end the number of days into the real economy? Whether the housing market into the stock market, and pushed up the stock market, housing bubble?

For the people’s questions, the State Council Development Research Center of Financial Research Institute, Fan Jianjun, director of securities research at the response observed in the economic monthly, said: “Credit market expectations into the stock market is not over.”

Fan Jianjun made a calculation: the first half of Bank of New Credit 7.4 trillion, of which 11000 personal loans to the residents, it is basically impossible to return part of the funds; 6.3 trillion of loans to non-financial enterprises, these loans will become deposits, then at least the first half of corporate deposits increased 7.5 trillion, but the central bank data released by the first half of the increase in deposits of non-financial enterprises is only 5.9 trillion, only the difference between the 1.6 trillion disappeared.

“This year, in January the central bank announced another data for us to explain the whereabouts of 1.6 trillion provide clues, 1 month, 1.6 trillion of new credit, including loans to non-financial enterprises is 1.5 trillion, while financial enterprises are more than 1200 billion. “Fan Jianjun, said.

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August 20, 2009

National blood transfusion before the fund can issue 60 billion-intensive boosting the stock market

Filed under: Financial News — Tags: — lily @ 7:19 am -0700

National blood transfusion before the fund can issue 60 billion-intensive boosting the stock market
Recently issued a new fund-intensive, ETF feeder fund “front lines” gate opening, more than the fund’s nearly only “one-to-many” products reported accounts, these funds are no doubt over-the-counter will inject new vitality into the market. According to statistics, the National Day can enter the market before the new fund is expected to more than 60 billion yuan of funds.

Since August, the market fell sharply, but did not affect front-line fund companies to fund the launch of the new heat. Castrol returns to set up a flexible configuration bulletin issued yesterday, the fund-raising and its share of the interest carry-over funds of a total of 10.1 billion. Easy Fonda yesterday in Shanghai and Shenzhen 300 Index Fund will notice that on August 21 ahead of the end of raising more than scheduled August 28 in advance, 7 days a raise of more than 10 billion size.

Today and tomorrow, the market will usher in wheeled Dacheng industry and the growth of Penghua Featured issued two equity funds. With the card 500 in the South and the Great Wall Jingshun energy infrastructure equity fund these two armies joined issue, the issue of new funds launched this week, the climax of a period of time with the partial sale of shares in the fund reached 13. In addition, industry card 100 Index Fund will be issued next week to join the army. Partial fund shares issued in such a high density this year is very rare.

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