Who in the promotion of China's stock market rise. The four:
Invitation to a Funeral Guanmendagou
mm how to win Battle of the Chinese stock market
4 On 20 April, Shanghai and Shenzhen stock gapped open higher 68.81 and 219.75 points , the set auction record amount of recent days. Finally, the two cities to close at 3,584.20 and 10,258.64 respectively. which, Shanghai rose 135.19 points, or 3.92%; the Shenzhen market rose 401.41 points, or 4.07%. This is it for the retail of the ? impossible! experienced 19 major Yin Xian, guts and then a big retail, but also linked to a low-cost, hoping to pick some of the collection auction bargains only. This is the institutions to? can not! Otherwise, yesterday Zapan not to drop it on their own? In fact, the current round of market, institutional investors are short by .18 at the largest quarterly disclosure that the last three months, the domestic 14 of the 93 mutual fund companies stock fund holdings about 500 million. So, should we not ponder, just who, what strength the courage to make tough in such a short squeeze high prices? Perhaps, the following facts and figures to find only benefit us, ; the clues mm
1. the end of 2006, China's foreign exchange reserves have exceeded one trillion mark, reaching 1.0663 trillion U.S. dollars, 06 year increase of 247.3 billion U.S. dollars on foreign exchange reserves. to the end of 2006 the central parity exchange rate of one U.S. dollar: 7.8087 RMB dollars, China's central bank holdings of U.S. dollar positions, representing an increase of base money invested 8.3265 trillion (no wonder there is such a great present, China's excess liquidity).
2. As of 2006 low, the U.S. benchmark federal funds rate 5.25%. According to the current U.S. economic trends, analysts believe the Fed will continue to be taken this year may be the policy of steadily raising interest rates. The RMB benchmark interest rate March 18, 2007 after raising interest rates 2.79%, 20% reduction interest tax, real interest rates of only 2.23%. This means that if you do not consider the appreciation of the renminbi and other opportunity costs of factors, only one interest rate, foreign investors hold the yuan loss the year amounted to 3.05%.
3. Since July 21, 2005 exchange reform, the RMB has appreciated against the dollar, 5.99%, 2.99% weighted average year. This means that the low of this year, the RMB exchange rate at least in the appreciation on the current basis more than 3%, due to China's RMB exchange rate reform and the transfer of foreign investors who,UGGs, in order to maintain the balance of risk-free return. And if we consider the international capital of 5% 15-20% average yield and the risk of investment rate of return, then, now foreign investors hold at least expect the yuan in the next eight months, the RMB exchange rate against the U.S. dollar appreciation on the current basis 10-25%, which reached $ 1 :5.8-6.9 yuan level. Of course, this only short-term expectations. to medium and long term, according to the World Bank's yuan and the dollar's purchasing power parity, the expected appreciation of space even as high as 50-70%.
4. According to U.S. economist Paul Krugman made famous our country can not give up the independence of domestic monetary policy, then the only remaining capital through Hong Kong, Macao, Taiwan and all kinds of above data and facts as background, we can easily imagine the huge international hot money and speculative capital have poured into China through various channels to market,UGG boots, dormant in every bunker and trenches. In view of China is not open capital about a hardened how financial predators will gamble this international super?
by Western industrial powers especially the United States continue to put pressure on the floating exchange rates, the renminbi exchange rate appreciation in 1-2 years, 20% or even 50% or more, is their ultimate strategic goal. take advantage of the current excess liquidity of the ; and to the contrary (see eventually enter the Chinese market mm sharp appreciation of the RMB exchange rate strategic objectives. reason to believe that this operation is the best strategy of international financial speculators, the Chinese stock market and the RMB exchange rate through the linkage up,Discount UGG boots, get a double speculative gains!
I and does not want to prove the Blackhand Soros) in January this year to sing wantonly abnormally empty rhetoric the Chinese stock market (which can be understood as a market strategy), so we have to believe that the strategic objective is appreciation of the renminbi, we should be bold and depreciation of the RMB! as long as the devaluation of the yuan, hot money inflows into China can not get out, the real estate speculation in the door to further confinement under the premise of speculative capital have forced them to do more in the Chinese stock market. If they are not afraid to push China's stock market 5000, 10000, China has nothing to be afraid of? so that they become the Chinese people, ; on what we called issue of high interest rates in China, the practice of multi-national strategic objectives:
First, can have a Expectations and pressure;
third, to increase the investment channels for the people, is conducive to small and medium investors start gradually from high to get out of no less than the stock market;
Fourth, we can provide a free convertibility of RMB transitional institutional arrangements; < br> Fifth,Bailey UGG boots, high interest rates forced by the real appreciation of U.S. dollar (accordingly, is the devaluation of the RMB), and increase the income of Chinese people, the Sixth, the gradual elimination of export tax rebates in the background, to encourage enterprises to increase export production, reduce non-tariff barriers in Western countries to China's frequent use of the negative impact of foreign trade.
reference to read:
who promoting China's stock market rise.
one who rose in the promotion of China's stock market. The second
who rose in the promotion of China's stock market. The three
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