Positive signals are accumulated

 The expected positive during the Ching Ming holidays fall, the plunge in the early part of today's A-share market, Shanghai Composite Index fell 59.73 points and fell below up to 3400 off. However, the subsequent rapid rise of China Petroleum and other heavyweights, and bring tape meteoric rise again . Noon Shanghai Composite Index closed at 3550.96 points reported, up 3.04%.
disk point of view, the major group rose plate, brokerage, paper and printing, non-ferrous metals led the Shanghai and Shenzhen stock markets again showed broad based pattern, reflecting sentiment running high. In fact, the adjustments to the last week, the market has already begun, some positive signals. first group of blue-chip first arrested, Jing Shengou a larger index funds, in the event of large cap stocks for several days after the monologue, on Thursday market shares across the board increase the size of disk situation, that after the recent panic selling, almost all of the stocks have adjusted more fully completed. heavyweights from the recent heavy volume continued to rise, signs of blue-chip institutional funds is very significant return, plus Fund distribution will usher in the history of the most intensive wave of positive signals are accumulated are conducive to the expansion oversold bounce.
recently reported that last Wednesday intraday stock index fell below 3300 points, when many investors flesh out, in CICC Lujiazui Ring Sales to buy shares in a number of ranking, many of which are ranked the first in the buying, and buying a very large number. Specifically, the buying was mainly targeted at blue chip companies. < br> Coincidentally, HSBC research report released last week, flatly given time to rescue the market, Since the outbreak of bailout debate, the first clear statement of the QFII. HSBC Bank research report, even in its bold prediction, to improve the investment climate A shares, the Government will not only save the city, and will be announced on the eve of the Beijing Olympic Games a series of rescue measures, including may include reducing stamp duty, issued regulations to tighten the secondary market and the introduction of risk hedging tools.
Moreover, the Fund will usher in the next issue of the most intensive wave. Currently, 10 new funds are issued, 17 new funds wait distribution, the fund industry in 10 years there the most intensive wave of new fund issue. It is worth noting that 17 outgoing and 14 new funds only for partial shares of the Fund, the remaining three are two funds for the bond funds, one for the QDII fund. whether it is the total number of new fund issue and outgoing, or partial shares of the Fund were issued and the total number of outgoing fund industry hit a new high.
Although the policy side there is no good, the market is still cautious, but species of the cumulative effect of positive signals, perhaps the most difficult time the market will be walking away.