Week, CSI index in after last week of violent shocks zhihou, again attributed to calm. two cities main index gravity rendering shocks Xia moved situation, week early shenchengzhi and junior index successively created adjustment low, Thursday index also breakdown 2,307 points, will adjustment low Xia moved to 2,302 points. Meanwhile, two cities turnover also further atrophy, Shanghai week sold amount fast atrophy to 219.1 billion yuan, daily sold amount insufficient 44 billion yuan. Friday, Shanghai sold amount only has 38.9 billion yuan, created in recent years low . Then, Outlook indexes go from here? short-term fluctuations of RMB exchange rate effects on the a-share? joint investigation this week, from "do you believe will enter depreciation cycle?", "do you think foreign investment will continue mass leaving the country?", "do you think the devaluation of the Renminbi on what constitutes good?", "you think the impact of the devaluation of the Renminbi on the a-share market?" And "do you think on December
Whether the index will fall below 2,300 points? " 5 areas to investigate total 1024 received valid votes cast. Devaluation of the Renminbi or into cycle data display, December 9, 2011, the Yuan central parity rate for interbank foreign exchange market 1 RMB 6.3352 Yuan against the dollar, down 33 basis points compared with the previous trading day. December 9 renminbi fell in early trading against the dollar in the spot market 0.5%, 8 trading days in a row hit trading range limits. devaluation of the Yuan against the dollar to continue it? "Do you believe will enter depreciation cycle?" Survey, select "Yes" or "no" and "don't know" votes was 466 votes, 405 and 153 votes, the percentage vote, 45.51% and 14.94%, respectively. seen from the findings, that devaluation of the renminbi into cycles and investors who held opposite views
Closer, showing investors whether the recent drop of RMB exchange rate has changed the original appreciation trend there is a difference. At the same time, "do you think foreign investment will continue mass leaving the country?" Survey, select "Yes" or "no" and "don't know" number of votes were 476 votes, 469 and 79 votes, the percentage vote, 46.48% and 7.71%, respectively. foreign weapons leaving the country on this issue, investors also has significant differences. However, on December 6, the Central Bank announced according to the Central Bank in October, the cumulative balance of Foreign Exchange accounts for $ 89.34 billion lower than in September, for nearly 8 years bank balance of foreign exchange monthly decline for the first time. only in December 2003 there have been negative growth, a net decrease of $ 145 billion. display Central Bank's Exchange fell under the influence of Europe and the economic environment, some foreign return
Home., however, did not let go due to China's capital account, and has huge foreign exchange reserves, in addition, China remains one of the fastest growing countries in the global economy, we believe that the possibility of foreign weapons leaving the country is not very big. Foreign trade, garment industry benefited since the devaluation of the Yuan exchange rate rises, in the process, the a-share market benefits such as aviation, papermaking and printing plates in the funding of all ages. short-term devaluation of the Renminbi on the plate and what impact it? "Do you think the devaluation of the Renminbi on what constitutes good?" Survey results show, select the "clothing", "goods" and "foreign trade", "car" and "don't know" votes were 144 votes, 95, 584 votes, 51 and 150. proportion of the vote respectively, 14.06%, 57.03%, and 4.98%. can be seen on the survey results
Investors generally believe that the devaluation of the Renminbi for foreign trade and the apparel industry has a positive effect, and for home appliances, automotive limited impact. Statistics show that Shanghai stock index since the peak in early November, foreign trade, textile, papermaking and printing as well as home appliances and other index adjustments between 10% per cent. slightly more than the same period of Shanghai composite index decline. Since December, foreign trade, textiles and garments sector index was down about 2%, and fell more than 4% papermaking and printing plates, 1% Shanghai composite index fell in the same period, shenchengzhi decline in almost 2%. From the angle of sector performance, the devaluation of the Renminbi on foreign trade and textiles and garments have a certain positive role, appeared on bad paper printing, dragged down overall but is still subject to market conditions, limited short-term fluctuations of RMB exchange rate on the plate impact. Moreover, although the dollar in the spot market exchange rate of RMB 8 trading days in a row hit trading range lower limit, since December
State authorization of people's Bank of China Yuan central parity against the dollar in foreign exchange trading center announced minimum 6.331, and day 1 the dollar against the Yuan central parity December 9 gap has only 42 basis points. Currency neutral impact on the a-shares since the beginning of December, the a-share main stock index further down the center of gravity trend, so what about the Shanghai composite index will fall below 2,300 points? short-term devaluation of the Renminbi would increase adjustment pressure a shares? "You think the impact of the devaluation of the Renminbi on the a-share market?" Survey, select "impact negatively", "effect of neutral", "effect of positive" and "don't know" votes cast 341 votes respectively, 410, with 164 votes and 109 votes, the percentage vote, 33.3%, and 16.02%, respectively. Results from the survey, that the Renminbi depreciation of negative impact on the a-share and shadow
Neutral together around three-fourths., considered neutral by the dominant. shows investors generally agreed that the devaluation does not have a large negative impact on the a-share market. At the same time, on "the December index will fall below 2,300 points do you think?" Survey, select "Yes" or "no" and "don't know" votes were 721 votes, 278 and 25 votes, the percentage vote, 70.41% and 2.44%, respectively. 70% of the investors that the index in December fell below 2,300 points. Taking into account the recent Shanghai composite index unchanged at 2,300 points to 2,350 points in narrow areas run from 2,300 in only one step away. therefore, even if the index Outlook below 2,300 points, does not mean that the majority of investors believe the stock will further collapse. Stock index rebounded early next week a chance from the message
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