Thursday, October 15, 2015

Revival of the concept of State owned enterprise reform unit the Shanghai composite

Internet, military-led sector also rose, the Shanghai composite index continued to climb on its 3,300 points. Zhu Weihui surge information

Experienced depression a day, on October 15, the a shares charge again, even legal hit Japan also failed to stop.

Earlier on the day, low in both Shanghai and Shenzhen stock markets open in the market thought that "Black Thursday" strikes again, the Shanghai composite index continued to climb 3,300 points, Internet, military-led sector also rose, rose pattern between the two cities. Up close, the Shanghai composite index at 3338.07 points, up 2.32%; the gem at 2404.53, up 4.32%.

Zoom in the deal between the two cities from the previous session, when sold for a total of 825.9 billion, 362.6 billion in Shanghai, 463.3 billion in Shenzhen. Total 137 stock trading between the two cities, only fell 7. Gem when 35 stock trading, 4 down.

Seen from the side, and Internet shares led the market, rising up in the afternoon near 7%, Eastern wealth, Thai Asia shares such as stock trading, Shun network technology more than 8%. And small-cap subjects overall upswing, banking, steel, insurance, oil and gas and other weight plate or relatively backward.

On October 14, Premier Li presided over a State Council Executive meeting decided to improve compensation mechanism for broadband telecom services in rural and remote areas, narrow the urban-rural digital divide; deployed to speed up development of rural business, promoting consumption by growing new formats improve people's livelihood and identify measures to promote the development of express and nurture new growth points of modern service industry.

News, broadband speed, mobile Internet stocks overall strength, agriculture-related e-commerce stocks market concern, huilong shares, produce, set share prices higher in the East.

The other hand, after several days led the concept of charging unit suffered shocks, while stabilizing in the afternoon, rose slightly less charging concept leading stock trading Shanghai potevio for the third consecutive trading day.

It is worth mentioning that the afternoon opening, renewed the concept of State-owned enterprises reform, sdic xinji, COFCO tunhe, into shares, Shanghai potevio, Changchun East, Luoyang glass stock trading, food, biochemistry, JI before the turbine shares, led by forestry and paper.

The same day, markets out of the message, State company pilot reform program has been State party and approved by the Board, the pilot reform programme overall mobilization meeting held on September 28, marking the company pilot reform started.

Joe forever, an analyst at guotai Junan securities said that State investment company approved by the pilot program marks the first investment company of both companies are State-owned capital has entered a practical stage, State-owned assets management from tube to tube on the shift of capital, has taken a big step again.

In addition, on October 13, the Central leading group for deepening reform on State-owned enterprises was considered and passed by the 17th meeting of function definition and classification guidelines (the opinion). According to the media was informed that the opinion is expected to be released within the next two or three weeks.

A-shares closed higher at the same time, the Asia-Pacific market rose pattern. As a-shares closed, Hong Kong's Hang Seng index jumped 2%; the Nikkei 225 index rose 1.15%; Korea rose 1.18%.

Since July, a share Thursday to maintain a strong pattern is rare, and why on the day rose again? Market indicators clearly showed obvious improvement in sentiment from 8 September.

1, the latest data showed last week, securities margin over five consecutive weeks of net outflows, achieved a net inflow of 68.4 billion yuan.

2, the balance of financing between the two cities continue to 5th consecutive rise. On October 14, the financing balance at 595.4 billion yuan in Shanghai, a net inflow of 3.1 billion yuan. SSE financing balances at 359.3 billion yuan, a net inflow of 2.3 billion yuan. The Group merged with public comments the shift

3, the gem back to 2,400 points, bounced back nearly 30% in 15 trading days, more than 75 times times earnings. Agency analysts to "embrace the Red October," "Love In Autumn" point of view come in October.

However, the peripheral markets underperformed, industry analysis of the factors leading to a-shares opened lower on the day. Overnight US stocks fell for a second day. The Dow at 16918.2 or 0.96%; NASDAQ index at 4784.83 or 0.25%.

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