SIM selected and Comments (February 16)

 1, Wen: greater intensity of policy measures taken have the ability to overcome the difficulties
Xinhua: 6 to 13 February, Premier Wen Jiabao at the Zhongnanhai hosted five seminars seek to draw on the upcoming November Second Session of the NPC session to consider the , the sports sector representatives, business representatives and workers, farmers and other representatives of the grassroots masses, respectively, attended the forum.
Wen Jiabao spoke at the forum this five times. He said that this year's government work report should be a copies of the report of confidence to implement the action report. to recognize the situation and a profound understanding of the seriousness of the international financial crisis and uncertainty, the more difficult to estimate the full number, policy measures taken by a number of greater intensity. to strengthen their confidence, the development of China's economic fundamentals and long-term trend has not changed for the better, we have full confidence, with the means to overcome the difficulties.
【Comments】 Premier Wen, after a classic quote often mentioned, during the two sessions, countries continue to favor the introduction of the policy of revitalizing the economy and planning, to enhance confidence in the market, at present, the domestic economic data has transferred a good sign, such as the PMI index for three consecutive months rise in new lending in January 1.62 trillion market, nine industries such as the revitalization programs have been introduced, which on the economic recovery and build confidence in the domestic market played a good role in promoting. (The good news for the macro)
2 , light industry revitalization plan to preserve the average annual growth of 8%
export China Securities Journal: sources 15 to the China Securities News said, submitted to the Ministry of Industry, Development and Reform Commission proposed the revitalization plan of light industry, various policy measures to be taken so that the average annual growth of light industry output value of 10% average annual growth of 8% of exports each year three million new jobs, the industry reduced emissions of major pollutants 10% -12%.
revitalization plan proposed the establishment of appliances, paper, lighting, cleaning products and surface active agents, metal and agricultural products processing industry, industrial upgrading projects, a special food safety capacity-building, light industry and focus on information technology equipment inside a special fusion of key industries and light industry such as clean production of special . The special focus of the industry in technological transformation of enterprises as alternative objects.
【Comments】 light this week, the revitalization plan will be formally submitted to the State Council discussion will involve appliances, paper, dairy products, agro-food processing, food and beverage manufacturing, furniture, paper, Educational and Sports Goods, cosmetic, plastic, glass, ceramics, metalwork, lighting, clocks, glasses, 45 architectural decoration industry and other industries, light industry, the purpose of planning for the revitalization is to protect exports, security of employment, their efforts may be very large, concerned about the relevant industry stocks, particularly small stocks rise, such as dairy products, appliances, etc. (The good news for the macro and industry)
3, the central bank: the confidence of anti-deflation can be implemented resolutely lower interest rates Policy
Xinhua Xinhua Beijing February 15: The People's Bank of China Deputy Governor Yi Gang said recently that China's actual situation, the zero interest rate policy or quasi-zero interest rate policy is not a good choice, in fact, the current level of interest rates in China in an interest rate policy misunderstanding, the Federal Reserve is the federal funds rate overnight lending rate commercial banks, like the overnight inter-bank market interest rates, while the lending rate of about 0.8%. Our one-year benchmark deposit rate was 2.25%, while the large U.S. current one-year bank certificates of deposit (CD) customers in the retail interest rate of about 2.14%, in fact, is about the same. with the situation in China, Yi Gang said that China's savings deposits accounted for the high proportion of GDP, the domestic rate of labor productivity and factor productivity in rising returns on capital do not support zero-interest rate policy, zero interest rate policy is not necessarily a good choice for our country. currency stability, Foreign exchange rate is to maintain the basic stability of the main objectives of the central bank or the recent anti-deflation. to Japan and the United States to implement the zero interest rate policy as an example, although these policies have a role in stimulating domestic demand, but the effect is limited, so the comparison interest rates in the same interest rate when compared with each other in nature and can not be confused with each other. This means that although the recently published CPI and PPI to continue at low levels, but is unlikely to cut interest rates, and one of the reasons is to keep the RMB exchange rate stability and prevent a lot of hot money to flee. (the news for the market neutral)
4, China's huge foreign exchange reserve management will be and the symbol of China's reserves from 51.6 billion the end of 1994 the end of 2008 soared to 1.95 trillion U.S. dollars, ranking first in the world and is growing rapidly. For a long time, China's huge foreign exchange reserves is usually some low-key investment risk, low-yielding assets, such as purchases of U.S. Treasury bonds. some signs that the world's largest foreign exchange reserves management and use of important changes will occur mm from the construction services, and improve its efficiency and profitability. China is trying to change long-standing channels and methods, improving their efficiency and profitability, more attention to provide important support for the domestic construction.
【Comments】 context of the financial crisis, need to broaden the channels of foreign exchange reserves, the use of 4 trillion yuan and China's combined economic stimulus package it is another of my Government with new opportunities and means, such as Aluminum Corporation of China announced on June 12 through the establishment of joint ventures and Convertible Bonds subscribed to the world's third-largest mining giant Rio Tinto is to inject 19.5 billion a proof, this is by far one of the largest enterprises in China foreign investment action, than the virtual capital invested in foreign exchange reserves to secure more, the U.S. subprime mortgage crisis in the banks gave us lessons we changed the idea of foreign investment, I believe in the future there will be more generous foreign investment, but also enriched the subject market speculation. (The good news for the macro)
5, China's central bank to break the regular weekly issue of central bank bills with ease when the market liquidity
Capitol News: In January a record 16,200 yuan of credit in the context of the amount of days, even weeks, the central bank stepped in to ease the issue of liquidity. Following last week's 3-month central bank bills issued, the day before the central bank re-issue 3-month central bank bills. This is the central counting the first three months are issued even weeks, it clearly broke the last 3 months, fortnightly conventional means since the beginning of November last year, 3-month central bank bills fortnightly frequency will change But does that mean 3-month central bank bills issued to the weekly release will be restored remains to be seen.
1 adding licensing alarming number of loans, the central bank may be appropriate controls about market liquidity, in order to achieve stable and balanced growth of credit. But the mass withdrawn from circulation may not occur, the recovery needs financial support.
【Comments】 central bank's open market operations to absorb more passive part of the liquidity, maintain market funds face smooth. but it can not determine the central bank will resume in March this central vote will be issued weekly, after all, return of funds after the Spring Festival is also the practice. the central bank to control credit data in a timely manner, if the February incremental credit remains high and is likely to increase the circulation of weekly circulation. especially the recent hot stock market, trading volume continuous zoom, the market hit record highs, also reflect abnormal abundant market liquidity, the central bank out of the market, this action is short-term liquidity control considerations. (the message is short-term bearish )
6, the four major industrial revitalization plan is expected this week staged drama
Eastern wealth network IT department: the involved in planning the industry's most extensive yet to decrypt the light, responsible for planning and national Development and Reform Commission Ministry of Industry is still strict tone.'s electronic information industry revitalization plan an initial six projects, at present, the electronic information industry, the first draft of the revitalization plan has been introduced, submitted to the State Development and Reform Commission has recently reviewed, modified, consideration will be submitted to the State Council, is expected to become the third installment of the industrial revitalization plan was adopted. petrochemical industry revitalization plan has been introduced than the steel, automobile industry planning two more complex and involved in many sub-sectors. had, according to the National : medicine, real estate, finance, energy compete for four major industries of the tenth revitalization plan, the ultimate medicine will take the lead out.
【Comments】 starting point from 1664 to the present, you can clearly see that the national macro-policy adjustment on the stock market contribution, from the initial investment of 4 trillion to the nearest ten industrial revitalization plan, the stock market waves of passion. outside the stream of funds into the stock market, planning for the revitalization of each industry, the market will ignite the enthusiasm of pursuit-related plate, A-share market policies context of the plot is very clear. the stock market the more the fire burned more prosperous, in particular the introduction of two pre-industrial planning, this policy will be subject, or market acceptance, investors should pay close attention to. (This message was related industries plate positive)
7,200 million in equipment manufacturing industry, the Fund approved
Economic Observer: more than two years, China has studied the equipment manufacturing industry investment fund has finally surfaced. Recently, the State Development and Reform Commission issued Industry in the scale of the Fund approved 200 billion. Fund sponsors the first National Development Bank to become one of the main distribution of the Fund, another main issue in Shenyang City, Liaoning Province, Shenyang SAC over Rui under the Investment Management Limited. < br> National Development and Reform Commission on February 12 the officials told this newspaper that the newly established fund to support mainly the development of China-based equipment manufacturing industry, with direct equity investment, helping enterprise technology and innovation are three main functions. ; investment fund R & D for manufacturing equipment, corporate investment and financing, and related policies to provide practical support equipment manufacturing, equipment manufacturing industry to improve the international competitiveness of existing technology and equipment manufacturing breakthroughs in bottleneck has been the focus of the revitalization of the national industry, China's current financial evaluation and credit system is not conducive to the development of equipment manufacturing enterprises. As equipment manufacturing industry's own characteristics and market environment, resulting in many enterprises have a high debt ratio, insufficient funds, outdated equipment, no money to reform, particularly the financial crisis on China's real economy, the decline in exports of Chinese products, business conditions do not good, but much-needed funds for technical transformation and innovation, industry is conducive to the establishment of the Fund out of the woods equipment manufacturing, equipment manufacturing industry investment fund once operational, a number of special importance for national economic development of state-owned enterprises will be key equipment manufacturing focused support, such as electrical equipment, machinery and equipment. (The good news for the industry)
8, China's GDP nearly 3 trillion Ocean GDP 9.87%
CNS: Thirteen State Oceanic Administration released data show that in 2008 China Marine Economic Statistics Bulletin GDP 9.87%, essentially flat with the previous year. Among them, the marine industry was seventeen thousand three hundred billion, ocean-related industry was one hundred twenty-three million yuan. 2008, China major marine industry in general to maintain a rapid growth. marine power industry, water use of industry, marine pharmaceuticals and other burgeoning marine industry is flourishing, the added value of faster growth than the previous year. State Oceanic Administration at a press conference, spokesman Li Haiqing said, due to freezing rain and snow disaster early last year and the second half of the global financial crisis, and many other factors, coastal tourism, marine transportation, offshore oil and gas industry and other industries slowed growth rate compared to last year have different level down; marine shipbuilding industry new orders decreased as compared to previous years.
【Comments】 global financial crisis is far from over, the development of marine economy will bring a lot of uncertainty, the Chinese marine transportation, ocean shipping industry, coastal tourism growth slowdown will likely be apparent, therefore the development of marine economy may be recovering from a long period of time. (the center line of the bearish news for the industry)
9, this year China's machinery industry output to grow by about a five percent
CNS: From the China Machinery Industry Federation was informed that the expected 2009 growth of China's machinery industry total output value will be about a five percent, and export profits will grow into about a full year before the economic situation will show a low after the high dollar. China Machinery Industry Federation responsible person that can overcome the current year, the industry is facing many difficulties and achieve double-digit growth.
【Comments Central Government has issued a trillion yuan to expand investment in the economic stimulus package, a series of industrial structure and consumption structure in order to stimulate economic growth, measures are being gradually introduced, the domestic market for the machinery industry enterprises development of a broad room for maneuver, but also plate for the mechanical movement of the stock market provides the fundamental support. (The good news for the machinery industry)
10, Chongqing, planning Power on the 13th: Following China's first inland bonded port area after the mountain flowers, Chongqing plans for construction of development zones in China's third-largest plan in the spring horizon. Chongqing Vice Mayor Zhou Mubing, said the State Council has made it clear in Chongqing Development of . Chongqing Municipal Foreign Economic and Trade Commission Li Jianchun said relevant departments of the Chongqing municipal government is to revise and improve subject is always an endless stream of speculation, Shanghai Pudong and the Tianjin Binhai stocks experienced a lot of round plate speculation, major grain-producing province, Hunan, total grain output in 2008 reached five hundred ninety-four billion kg, an increase of twelve billion kg, achieved five consecutive years of increase, a record high yield, rice production in the provinces of China first.
【Comments】 Hunan is a major agricultural province, the output record is undoubtedly good news. Hunan, Long Ping High-Tech Agriculture shares this famous, in addition to Long Ping High-Tech, there are gold Cereals Industry, Dongting Lake water and other related reproductive and Hunanhaili AGRICULTURAL class stocks. (The good news for the regional industry)
12,2 13, LEVEL-2 on the depth of monitoring
funds flush LEVEL-2 BBD decision-making system displays 13 Net buying large single tape 1,136,200,000 shares. Plate 13, only the flow of funds shows communication and cultural industries, forestry sector net outflow of funds in the state of stocks of capital flows showed a net outflow of funds today, a large stock are the Oriental Pearl Tower, the soldiers optoelectronics, Panzhihua Iron and Steel steel, alum, large single-day fund net sales trends show a large amount of stocks for the Guangzhou Shipyard International, China Shipping, Wuhan Steel shares.
depth analysis system flush LEVEL-2 blocks the flow of funds showed a net inflow of funds today, the larger the plate: real estate, securities, banking. the real estate section of about 2.11 billion net inflow of funds, 12 of the largest single sector amounted to 5.2 billion yuan of net buy, net capital inflow of a large stock are Vanke. Securities plate fund net inflows of about 20.1 billion, 12 of the largest single sector amounted to 890 million yuan of net buying. net inflow of capital stock for the larger Hai Tong Securities, CITIC Securities. banking sector capital flows showed net inflows of about 1.46 billion, a large single-day shows a net movement of funds large amount of stocks to buy Bank of China.
【Comments】 From the above data, 12, market trend and consistent flow of funds, the Fund Fund yet to give up signs of short squeeze has also made use of market heavyweight, The funds from the net outflow of 3 consecutive days net inflow of steering, but also into the heavyweight section, after which the potential benefit to the market. property sector fundamentals are improving yet to come, but the weight of large, charged at a critical moment, you can wait and see the center line, and bargain may be appropriate to short-term concern; securities sector is gathering popularity of the plate, often represent the market's trend, the recent trend of the plate positive, appropriate attention could be bargain-hunting; banking sector, although controversial, but the plate is a plate just started every low can be properly recognized. (The good news for the market)
13, reduction of high position or low position in point is the Fund holdings of tug of war between 2300
China Securities Network news: the latest fund position monitoring data show that last week 223 Supporting open-end fund positions for an average of 69.11%, 68.33% relative to the previous week up 0.78% position. As measured during the benchmark Shanghai Composite Index and Shenzhen Component Index rose 8.71% on average, excluding the impact of last week, the stock market variations, the overall 223 Supporting open-end funds generally change the relative position the previous week, -0.86%. If you ignore the impact of subscription for new fund, the Fund may take the initiative to the whole operation to lighten up slightly. Specifically, the pre-existing positions rallies fund holdings of higher signs of The existence of pre-position funds to cover short positions with lower behavior.
【Comments】 for the funds concerned, and to lighten up their Masukura are normal phenomena, mainly based on the size and position next to determine the relevant market, which the Fund also appeared on the differences between the current market. Year of the Ox under this interpretation of the structural funds to promote the sustained high-index rose for the fund will be larger after the adjustment concerns, and their shares rose too high, and there are signs rallies reduction; part of the short positions, wet storage are concerned about the fear of heights will blindly repeated loss of low chips to cover short positions arising from the phenomenon of pre-position the company to initiate a higher reduction of signs and the existence of pre-position the company to cover short positions with lower signs, which existed for long and short game showdown with the market, In addition, the very important factor, is like a tiger staring at market trends, it can not be ignored, for more than a cautious 2300 points better than blindly optimistic. (This message temporarily bearish for the market neutral)
14, this week Restricted Shares lifting of the ban last week the chain increased 38.0 billion five into
Shanghai Securities News: Statistics show that 42 listed companies this week, the restricted shares traded, the number of lifting the ban of 53 million shares, the scale of 380 million, compared with the previous weeks of 3.5 billion shares of restricted shares lifted 25.6 billion increase in the scale of five into the ring. which Dali Technology, Knopp letter and Joint Chemical 3 Restricted Shares of listed companies as the first of the original shareholders ban type-restricted shares; Fengle Seed , COFCO Property, JMC, Xian tour, Northeast Pharmaceutical remaining 37 listed companies and other restrictions on sale of shares lifted the share reform type of Restricted Shares. from the stock look, COFCO Property and Shen Shenfang A lifting of the ban larger, respectively, 7.8 million shares and 5.7 million shares of .42 listed companies, Shanghai Airlines, National Chiao Tung University Southeast Asia, the sea is medicine, sub-Po medicine, leading shares, Shandong Pharmaceutical Glass, Bayi Iron & Steel, Hyde shares and the Chinese listed company shares nine times the actual into the circulation. Suiheng Yun A, and the grain number of shares outstanding property to be no more than 30 million shares, close to the circulation. from last week into the circulation 6 times listed company, with a number of restricted shares in the final lifting of the ban period, the average weekly gain of 10.5%, far outperforming the broader market over the same period rose 6.4%, including molding technology, sublimation Beik, Xinxingufen and the power source 4 variety of weekly gain more than 12%.
【Comments】 As the market continues to heat up, every day more than 2000 billion yuan in trading volume, the lifting of the ban this week to increase the number of 38.0 billion does not seem to constitute a greater threat, but the cumulative effect or impact effect of heart should not be overlooked, especially on the trend of individual stocks is more attention. (The bearish news for the stock)
15, Zijin Mining to the Philippines to actively seek investment opportunities in
CNS: Zijin Mining positive seeking investment opportunities to the Philippines, the Philippines, officials said the revival of the country's mining industry has been the outcome. The Philippines Department of Environment and Natural Resources Deputy Minister 迪米特里欧 b 伊格纳斯欧 said it expected the economic power and resource-rich areas, such as China, India, Korea, Australia, the economy will soon recover and return to the track of long-term economic growth. The Philippines is Asia's economic strategy area, close to China, Japan, Korea and Australia, the main market, economic growth is expected to be bright.
Since 2005, Zijin Mining attempt to start investing overseas, worked in Canada, Russia, Peru, Tajikistan and other countries and regions invested in eight companies, the acquisition of mining projects, total investment of two hundred thirty million U.S. dollars. Zijin Mining is currently the gold annual output of more than fifty tons, is the largest gold-producing companies; million tonnes in annual production of copper, is the third largest producer of copper mining. It also has a number of gold and nonferrous metal mines under construction, China has become the control one of the largest amount of resources. At present, Zijin Mining has two large-scale foreign investment projects, one through the acquisition of control of listed companies in the UK White River copper-molybdenum mine projects in Peru, copper resource of 7.42 million tons Mo two hundred and eighty thousand tons; the other is gold project in Tajikistan, amounted to one hundred and seventy tons of gold resources.
【Comments】 in the background of the global financial crisis, China's large enterprises to go abroad, to invest overseas good prospects for development projects, is a rare opportunity. especially the non-ferrous metals after a sharp correction last year, the plays a more favorable opportunity. recent Chalco, Zijin Mining stocks such as the rise is a strong market for such investment behavior recognition. In the long run, this investment is very conducive to the development of business expansion, investment opportunities are pretty good. (the long-term good news for the stock)
16, the U.S. Senate finally approved the new economic stimulus plan
WASHINGTON, Feb. 13 Social Power: With the support of three Republican senators crucial to support the Democrats the Senate majority midnight tonight local time to sixty-eight than three vote, approved the House and Senate negotiations over the seven hundred eighty-seven billion U.S. dollars economic stimulus package the final version. At this point, the Obama administration's economic stimulus plan is basically the end of a legislative process, only to be signed into law next week, Barack Obama. 【Comments】
during the National Day last year, the Bush administration launched the final approval of a huge bailout, the U.S. stock market has not this resurgence. At present the administration's rescue plan also was the market's disdain for Wall Street to said that the economic recovery plan there is too much uncertainty, some people think that the program cost is too high, while others believe the amount is too small. No one believes the program will enable U.S. economic recovery. originated in the United States this financial crisis should also have a longer time to wait for elimination. (the message to the market bearish)
17, General Motors, stripping the company filed for bankruptcy protection or non-performing assets
Xinhua: According to the U.S., , auto giant General Motors is considering bankruptcy protection in the courts in order to be able to divest non-performing assets, restructuring the company quality business. in accordance with the previous agreement, GM and Chrysler can obtain government assistance provided 17.4 billion loan must come up with a reorganization plan before next Tuesday. According to Reuters, GM is working with creditors, negotiate auto workers unions in order to be able to strip 28 billion U.S. dollars in debt. However, before the talks next Tuesday, it may be difficult to reach an agreement. in the United States ,UGG boots, the legal basis for enterprises to apply for bankruptcy, there are two. The first is in accordance with the as surplus. The second is in accordance with the to Freddie Mac and Fannie Mae's government took over, the impact of the financial crisis in the U.S. economy from the virtual to the real economy, is still in progress, far end in sight. While the U.S. government stimulus plan huge shot several times, but the economic upturn too early, there are no signs of warming, particularly in the U.S. stock market last week approved a new round of massive stimulus package, the stock market instead of falling, face down Powei trend. Although the A-share market is unique in the world, continued strength, but the surrounding the trend of the stock market is worth our proper look at. (the message to the market bearish)
18, U.S. stocks closed lower Dow hit an 11-month low
U.S. stocks closed lower on Friday, Dow Jones Industrial Average index fell 82.35 points to close at 7850.41 points, the highest since November 20 last year, the lowest since a decline of 1.04%. Dow was in the Nov. 20 dropped to 7552.29 points. week, the Dow fell 5.2%. Dow A total of 30 constituent stocks of the 27 stocks fell, down 5.7% JP Morgan Chase. The House passed the $ 787,000,000,000 economic stimulus plan, the president will be announced next Wednesday repayment difficulties to provide assistance to home buyers plan outline. The above measures to determine whether the market can not work, investors also want to know how the U.S. government stripped troubled assets of financial institutions. investors that the reduction of loans to home buyers foreclosure plan will not immediately solve the problem of the financial system, financial sector under pressure fell 4.2%, the plate this week, down 10.2%, of which the weakest performance of banking stocks.
【Comments】 representative of the United States government bailouts around the world continue to unfold, but the fundamentals of the global economy has not been fundamental change in the real economy is not fully restored, would be difficult to really take a good global stock markets. Of course the specific circumstances of different countries, the extent of the financial crisis is different, A-share market market is a very obvious example, U.S. stocks appeared several times fall, A shares is affected by the day opened sharply lower after pulling up quickly and continue to go its own separate market, but in the A shares, after continuous heating up, gathered a lot of profit taking, the impact would be outside the panel, yet to be observed.
Comprehensive Review
news from today perspective, the macroeconomic front there are still aspects of the revitalization of industry, but also to break the routine even weeks, China's central bank issued central bank bills to ease liquidity in the news, U.S. stocks on Monday for the Presidents Day closed Monday and Tuesday are basically not affected outside the disc., but this week, pattern, subject shares hit out, or table have to occupy the forefront of some of the main control of the strong stock performance characteristics of a strong Hengqiang. rising from the low stocks have also been sought after the new funding. Today will face key technical points, Quotes of the 9.19 resistance near the high, broke through and effectively confirm whether a concern. As the volume of the further amplification of volatility, the two cities may increase. Investors should focus on the operation of wheeled plate changes, control the position, good fundamentals are concerned about the subject matter related to stocks, as well as today's news of the stock and plate, combined with the stock they appropriate for warehouse operation.