Tuesday, November 23, 2010

A shares rose BAOXINIAO China's stock market

 Special comment
Beijing News yesterday, the global subprime crisis has been the maverick Chinese stock market closed out an exception to a powerful sun.
In the long view, the results of this rose is up space to expand again, 5000 has been close at hand. So also will the spread of market optimism, there are friends and even joked,
But at Zhangshengyipian, the reason people still see the problem. For example, the market is still the ICBC, Bank of China, Sinopec, Baosteel and other stocks in a few national team leader speculation; for example, the listing date price-earnings ratio of 180 times the maximum landing Issue The chair also avoid the risk of collapse then?
we all know, every country's stock market has been irrational sensation in the history of the United States, Japan, India, etc. are no exception. particularly so in emerging markets like China + transition market, a large number of chips to Therefore, it is difficult to avoid the irrational sensation. for the same crime, in the United States to pay for the cost of the two cities differ.
Now, in the share reform benefits, macroeconomic overheating, RMB appreciation and the lure of the Olympic Games is expected under the multiple Chinese stock market is the headline to its peak point, earnings, book value, and so rigid target stunned internationally is the main Zhizhinaohou, the city rate of popular dream, after another hundred shares, and finally even the most fundamental support needed Financial stocks have been pushed into a bargaining chip control disk, so that a brokerage researcher friend recently said to me: This is my brain on the recent statistics do not what number, index of reason, as we looked around, all of the stocks have been doubled several times, even after being cut 5.30 garbage stocks, are more at least have doubled its start gain! one of the main reasons it is said to be greatly increased performance!
However, several times in the stock pushed higher after the first significant increase in performance will have Accounting system reform and change out of a piece of performance out of thin air, this also has greatly increased the performance of sustainability it? Furthermore, said the to the substantive benefits? withstand the financial statements of listed companies responsible audit it? I am very suspect, and even, I would say, if I organize a statement audit, might most of the negative interim results of these enterprises.
Imagine more competitive today, its soaring performance come from? Are corporate profits more than a decade ago are now more likely to begin? knowledge of people in China,cheap UGG boots, the industry is now difficult, the use in the virtual market Insider speculation down by their great interest for the time being, it is the executives and their friends and relatives have the real reason for stocks.
,UGG shoes, of course, is the result of sensation from the fundamentals have flying stock price,UGG bailey button, as if heaven had a magnet , as if the Earth lost appeal, and if China Ocean, birds and other good news we can openly shares to more than a hundred times earnings debut, eventually entangle the temerity to chasing group after group of investors. From this sense, the recent good news of new shares Bird's performance can be said that the best speculative interpretation of the city, its name under the banner of good news, in essence, to obituary notice it.
There is no free lunch! everyone knows this truth, so I have friends who broker Fellow and the doubts of many investors, that too in this market distress.
In fact, the market at this time only a front sight, and that is you have the financial knowledge. For example, the price-earnings ratio is too high to return sooner or later; for example,bailey UGG boots, making it sooner or later into the ship; for example, world not only rise and not fall in the stock market, and so on. remember these, you will always keep a clear head, to full warehouse will not gamble, do not relish in the crash rose to ignore the potential risks.
Stones from other hills, can learn. For example, in the month before the U.S. stock market crash, headquartered in Boston, the global investment management company, founder and chairman, Mr. Grantham would point out that we are in history moment of the first global bubble! He said his colleagues are worried that the excess of his, but he still bearish alone stick to their position. In fact we know that the stock market really plummeted, an American known as Kam. because the iron rule of the stock market is the small number of people making money; because getting too much of life is the most common black humor; because the person who, without long and short term, he must worry about.
Hopefully, I was reminded of this good news.

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