Upgrade and blue-chip stock market
article first appeared in the is basically completed the split share structure reform, and second, the successful launch of the Growth Enterprise Market. a matter of course, people are the reform of 2010, concerned when the stock index futures and the introduction of margin trading, as deepening the reform will bring new investment opportunities more important is: stock index futures and margin represents the upgrading of China's stock market.
financial industry is the business of human nature of the industry, her real economy as a fulcrum,cheap UGG boots, with the money as leverage, leverage is the financiers play rate. With the fulcrum and leverage,UGG bailey button, leveraged finance business is decided by the level and risk level, it is the difference between business risk appetite of human nature. in the virtual economy, the financial transaction is not based on the needs of differentiation and division of labor, and different groups of risk preferences. people's rational decision-making from the real economy, the cost / benefit analysis into the virtual economy, the risk / return analysis, risk and wealth drew the equal sign. wealth and seek insurance, wealth or risk, on the wealth pursuit must drive people to take the risk. It's like Disneyland, like all games, some people go is a walk, some people loved to play off crane, walking tour groups have looked at the virtual crane heart fat, love playing too Crane's group looked at people who want to walk: walk blind all right here,Discount UGG boots, what race? more boring ah!
stock market is bound to increase at an appropriate time the level of leveraged investment, and stock index futures and margin trading are the two basis of leverage investment. We in 37 Stock Market research shows: 21 in stock index futures market is introduced before the launch of margin trading in; 6 months before the introduction of stock index futures market has been put option; three markets in the subsequent launch of the margin soon. global stock market is only 5 behind margin trading in stock index futures, and it is lagging because the longer term, these 5 are in stock index futures market after the market launch of the dramatic shock. One of the most typical case occurred in Hong Kong stock market stock market crash in 1987. then there is no short-mechanism Hong Kong stock market since the U.S. stock market in October 19, 1987 case of caused a significant decrease in the stock market than the United States more than doubled. Some experts commented: Hong Kong stock market is the cause of their lack of short selling stock market crash of 1987 one of the main. Based on the above historical experience, we judge the Chinese stock market may be stock index futures will be the first to launch margin trading business before the pilot, but so far, the major derivatives exchanges and futures companies to simulate the operation of stock index futures has reached three years time, the margin of the pilot program has been a number of the matter for discussion. State Securities Fanxiang Peng and other researchers in the Dec. 29 research report bold prediction: in the margin or around the Spring Festival launched in time for the launch of stock index futures may be in the after. must be specifically stated that: Our forecasts do not affect the Commission's decision, the Commission's decision may go through the approval of the State Council.
margin or whether it is the first to launch stock index futures, will be directly or indirectly stimulate the stock market's blue chips, because the pilot program may be invested in the object has been limited among the composition of the Shanghai and Shenzhen 300 Index. from the stock index futures looking to simulate a variety of trading in Shanghai and Shenzhen 300 Index, from a margin perspective, qualified stock can be pledged must be broader blue-chip during the pilot. If the two reforms have been launched within a year, the Shanghai and Shenzhen 300 index fund based products will be expansion, linking Shanghai and Shenzhen 300 financial products will be increased, if the index funds are allowed to pledge financing, but also will hold the funds pledged amplification product size and frequency of transactions. These innovative blue chip trading opportunities will increase liquidity and funding votes rate, the blue chips in the market in 2010 fueled.
Some people may ask: stock index futures and margin trading really necessary? management will be introduced this year, it? Frankly, this challenge is the reform of the two reasons for the delay in implementation. particularly in the After the global financial crisis, derivative securities markets led to the financial crisis deepened and spread, many people increased investment in derivative securities and leverage more doubts and fears. insiders can understand the internal mechanism of the securities market, not unworthy, layman will forest for the trees, due to the financial crisis derivative securities market. reason is very simple to say, the tsunami from submarine earthquakes, but casualties were not a direct result of the earthquake and tsunami, but the tsunami or earthquake triggered the collapse of buildings and so on. then the tsunami, we will collapse because buildings do not build buildings from wounding it? Obviously not. We will raise the building's structural disaster stress, optimal design.
stock index futures and margin trading shelved because of the financial tsunami, or should be in 2009 and GEM has introduced. of the financial crisis,UGGs, these two reforms will be delayed on the agenda, so the recent market rumors not groundless, but no clear schedule. This year the stock market will not repeat the 2009 Focus on the flow of funds to the blue chips. Therefore, we suggest that you focus on the stock market reforms directly benefit the banking, securities and insurance industries leading shares, and holders of equity securities companies and futures companies, listed companies.
new year, .2010 ready in the stock market bubble years of the gradual recovery of virtual to real, indirectly promote economic restructuring and recovery of the real economy, the core of volatility in the stock index 3000-4000 points (5-10% cross-border), the dominant tone will be: stable, looking forward to.
No comments:
Post a Comment