Category Archives: Technology

Shenwan Hong four rising concern in the United States last month the non-agricultural employment fig 洛克王国上古战龙

Shenwan Hong: four rising concern in the United States last month the non-agricultural job digital hot column capital flows thousands of thousands of stocks the latest Rating Rating diagnosis simulated trading client Sina App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future? Sina Hong Kong stocks launched "Hong Kong stocks are not attractive" big discussion, with a rational and constructive attitude, welcome to pay attention to Hong Kong stocks, people concerned about the capital market, together with Hong Kong stocks for advice and suggestions, and conspiracy of Hong Kong stock market tomorrow. Please to hkstock_biz@sina. After two days of decline, stocks rebounded on Wednesday, with Hong Kong stocks rising for fourth consecutive days and trading 24000 points. The Hang Seng index yesterday opened 71 points, at 23859 points, followed by repeated upward trend, Rose had narrowed to 38 points, see the day low of 23826 points. Afternoon city trend is strong, the Hang Seng Index rose 215 points, see full-time high of 24004 points, but the city dropped a little time. The Hang Seng Index closed at 23952 points, up 164 points or 0.69%; China refers to newspaper 9947 points, up 135 points, or 1.39%. The turnover rose to 64 billion 632 million yuan. Market forecast: sterling exchange rate yesterday fell to around 1.24, is the lowest in 31 years, dragged the dollar outside the main currency down, offshore renminbi fell to more than 6.7, nearly two months since the low, accelerate or mainland stocks inflows of short-term, promote the HSI this month rise through September before the high level of about 24364. The market will also pay close attention to the September employment figures released by the U.S. Department of labor tonight. If the number of new nonfarm jobs can be maintained at more than 170 thousand, the U.S. stock market will steadily increase during the third quarter earnings announcement. Stock news: jxin Technology Holdings (3638) announced, according to the price of 0.46 yuan per share, placing a maximum of 330 million shares, raising $144 million net. After the expansion of the allotment of shares, the company has issued approximately 8.56% of the issued share capital, and the placing price is 0.55 yuan compared with the stock’s closing price yesterday, which is about 16.4% discount. The company said net proceeds would be used as a general working capital, as well as funding for investment opportunities from time to time. Shanshui Cement (0691) announced that about 910 million to 950 million new shares will be placed at a price of 0.5 to shares per share, with net proceeds of about 434 million to 456 million yuan. The net proceeds will be used to repay the outstanding debts. After the expansion of the highest allotment of shares, the company has issued approximately 21.9% of the issued shares, and the placing price is 6.29 yuan before the suspension of the shares, which is about 92.1% of the total. The company’s shares have been suspended since April 16, 2015 because of the lack of public ownership. If the public shareholding of the shares is recovered after the completion of the allotment, the company will apply for resumption of the stock trading. IPO: core wisdom Holdings (2166) announced the IPO results, priced at 1.83 yuan per share, close to the lower limit of 1.77 yuan to 2.39 yuan bid, net financing of about 206 million yuan. On 2000 shares of one hand

申万宏源:恒指四连升 关注美国上月非农职位数字 热点栏目 资金流向 千股千评 个股诊断 最新评级 模拟交易 客户端 新浪财经App:直播上线 博主一对一指导 新浪港股APP:实时行情 独家内参   港股还值不值得投资?出现了什么问题?未来出路在哪里?新浪港股发起“港股还有没有吸引力”大讨论,以理性、建设性的态度,欢迎关注港股、关注资本市场的人士,一起为港股建言献策,共谋港股市场的明天。来稿请至hkstock_biz@sina 。   美股连跌两天后于周三反弹,港股昨日连续第4天上升,盘中曾升穿24000点。恒指昨日高开71点,报23859点,其后走势反复向上,曾收窄升幅至38点,见全日低位23826点。午后大市走势呈强,恒指一度升215点,见全日高位24004点,惟尾市时段稍为回落。恒指收市报23952点,升164点或0.69%;国指收市报9947点,升135点或1.39%。大市成交额上升至646.32亿元。   大市预测:英镑汇价昨日急跌至1.24附近,为31年以来新低,拖累美元以外主要货币向下,离岸人民币跌至6.7以上,为近两个月以来新低,短期或加快内地资金流入港股,推动恒指本月升穿9月份前高约24364水平。市场同时关注今晚美国劳工部公布的9月份就业职位数字,若新增非农就业职位数字可维持于17万份以上,将有利美股在第三季业绩公布期间稳步向上。   配股消息:晶芯科技控股(3638)公布,按每股配售价0.46元,配售最多3.3亿股新股,集资净额1.44亿元。配售股份占扩大后该公司已发行股本约8.56%,配售价较该股昨日收市价0.55元,折让约16.4%。该公司称,所得款项净额拟用作一般营运资金,以及为不时物色之投资机遇拨资。山水水泥(0691)公布,按每股配售价0.5元,配售约9.1亿至9.5亿股新股,集资净额约4.34亿至4.56亿元,拟将所得款项净额用于清偿未偿还债务。最高配售股份占扩大后该公司已发行股本约21.9%,配售价较该股停牌前收市价6.29元,折让约92.1%。该公司股份由于公众持股量不足,股份买卖已自2015年4月16日暂停,如果股份的公众持股量在配售完成后恢复,该公司将申请恢复股份买卖。   新股上市:芯智控股(2166)公布招股结果,按每股1.83元之作价定价,接近招股价1.77元至2.39元的下限,集资净额约2.06亿元。一手2000股,中签率为100%。本港公开发售部分录得超额认购约14.5倍,据此,重新分配国际配售项下初步提呈发售的2500万股发售股份,以满足香港公开发售项下的超额需求。因此,香港公开发售及国际配售股份占比更改至30%及70%。国际配售获适度超额认购。招商证券(6099)公布招股结果,按每股12元定价,略低于招股价中间价12.16元,原招股价11.54元至12.78元,集资净额约103.36亿元。一手200股,中签率为100%。本港公开发售部分录得超购4.23倍,国际配售获适度超额认购。以上股份将于今天在联交所挂牌。   美国市场摘要   观望气氛浓厚,美股三大指数个别发展   美股早段下跌,其后因美国上周首次申领失业人数意外回落,以及欧央行决策人一致决定推进购债计划支持,美股随即反弹。及后市场观望非农新增职位,大市气氛淡静,指数窄幅上落,华尔街股市周四个别发展。道琼斯工业平均指数收市跌12点或0.07%,报18268;标准普尔500指数升1点或0.05%,报2160;纳斯达克综合指数跌9点或0.17%,报 5306。   美国上周首次申请失业金人数意外下跌: 美国劳工部公布,截至10月1日止当周,美国首领失业救济金人数为24.9万人,为4月以来新低,按周减少5000人,市场原本预期增至25.7万人,已连续第83个星期位于30万关口以下。   有传图片分享应用软件Snapchat母公司Snap正筹划上市,其招股时估值可能超越250亿美元。消息人士指出,Snap计划最快明年3月上市。   商品市场摘要   OPEC再度举行会议商讨减产问题,油价造好;金价连跌5日   石油出口国组织(OPEC)本月再有非正式会议商讨配额问题,市场对此感正面、积极,油价继续造好。纽约期油收市升61美仙或1.2%,报每桶50.44美元,突破50美元大关。布兰特期油收市升65美仙或1.3%,报每桶52.51美元,为近4个月以来高位。而上周首次申领失业金数据向好,联储局加息可能性升温,支持美汇走强,美汇连升4天,金价则因而低走,连跌5天。纽约12月期金跌15.6美元或1.2%,收市报每安士1253美元,近4个月低位,同时跌穿200天移动平均线1256美元水平。 进入【新浪财经股吧】讨论相关的主题文章:

12 have completed the listing or planned to be listed in Hongkong. In response to the prospect of Hongkong listed companies 临澧鼓王

China Merchants Securities on A stock market value evaporated 120 billion h to break the Chinese Economic Net Beijing on September 30th news (reporter Guan Jing) recently launched in Hongkong, China Merchants Securities prospectus, after becoming the Orient Securities and Everbright Securities, this year third landed the Hong Kong stock market of mainland brokerage. China Merchants Securities the shares to be issued 891 million new shares, the IPO price range of HK $11.54-12.78, is expected to raise funds 102.85 to HK $11 billion 390 million (about 13.3 to 1 billion 470 million U.S. dollars). China Merchants Securities H shares are expected to be listed in October 7th, and joint sponsors are China Merchants Securities, JP Morgan chase and Morgan stanley. The prospectus, including Ma Huateng, Guo Guangchang and Jia Yueting and other capital chiefs, China life, Chinese reinsurance, Yunnan city investment companies have "pockets" shares. However, investors admit H shares behind, Merchants Securities in the A share market is a "chicken feather"". Compared with the April 2015 9 record of the highest price of 40 yuan, in September 29th the company’s closing price of only 16.97 yuan, 120 billion 93 million yuan market value evaporated. It is worth noting that this year the H-share listing of Everbright Securities and Orient Securities are listed in the beginning to break, Zhejiang bank and the Bank of Tianjin has two mainland banks listed on the first day of break in Hongkong, China Merchants Securities market outlook is not optimistic. At present, there are A+H securities stocks in Hong Kong stock market, namely CITIC Securities, Haitong Securities, GF Securities, Huatai Securities, Everbright Securities and orient securities. In addition, CITIC construction, Guotai Junan Securities, Societe Generale Securities, Changjiang Securities and other brokers are also busy preparing for landing Hong Kong stocks. From the scale of the net profit of the large brokerages in the mainland, among the top 15 brokerages, 12 have completed the listing or planned to be listed in Hongkong. In response to the prospect of Hongkong listed companies, China Economic Net tried to interview the relevant staff of China Merchants Securities office, but did not receive a reply as of press time. Raising the amount of H shares down 70% capital gangster admission "hold popularity" as early as last May 15th, China Merchants Securities announcement that intends to issue overseas listed foreign shares (H shares) and the application in the Hongkong stock exchange listing. Later in June, the actual control of China Merchants Securities, China Merchants Group received approved by the SASAC, the SASAC of China Merchants Securities IPO agreed to issue not more than 1 billion 179 million shares H shares of stock options. At that time, media reports said, China Merchants Securities initially planned to start IPO transactions in the fourth quarter of 2015, financing through Hongkong listing is not more than 5 billion U.S. dollars. But since then, A shares plummeted last summer, and valuations of similar companies also fell, forcing China Merchants Securities to reconsider its IPO funding. According to the current information disclosure of China Merchants Securities, H shares fell to a maximum of $1 billion 470 million fund-raising, means that China Merchants Securities has raised by 70% more than expected. At the same time in order to ensure the smooth issuance of H shares, China Merchants Securities also introduced a draft plan of staff through asset management plan subscription H shares this year 3 month, participants for the company directors and senior management personnel, VP level and above personnel performance standards and other levels of outstanding personnel, a total of not more than 1500, the total amount of funds a total of not more than 20 billion yuan. Recruit; 招商证券靠天吃饭:A股市值蒸发1200亿 H股破发 中国经济网北京9月30日讯(记者关婧) 近日,招商证券在香港启动招股,成为继东方证券和光大证券之后,今年第三家登陆港股市场的内地券商。招商证券此次拟发行8.91亿股新H股,招股价范围为11.54-12.78港元,预计筹资金102.85至113.9亿港元(约13.3至14.7亿美元)。 招商证券H股预计10月7日挂牌,联席保荐人为招商证券、摩根大通及摩根士丹利。此次招股,包括马化腾、郭广昌和贾跃亭等资本大佬,中国人寿、中国再保险、云南城投等公司纷纷“掏腰包”入股。 不过投资者入场H股的背后,招商证券在A股市场却是“一地鸡毛”。与2015年4月9日创下的最高价40元相比,9月29日该公司收盘价仅为16.97元,市值蒸发1200.93亿元。 更值得注意的是,今年登陆H股市场的光大证券和东方证券均在上市初即告破发,浙商银行和天津银行两家内地银行也在香港上市首日破发,招商证券的上市前景不容乐观。 目前港股已有A+H券商股分别是中信证券、海通证券、广发证券、华泰证券、光大证券和东方证券。另外中信建投、国泰君安、兴业证券、长江证券等券商也在紧锣密鼓筹备登陆港股。从内地大型券商净利润排名规模来看,排名前15家券商中,已有12家在香港完成上市或计划上市。 针对公司香港上市的前景,中国经济网试图采访招商证券董秘办相关人员,但截至发稿时未收到回复。 H股募资额下调七成资本大佬入场“撑人气” 早在去年5月15日,招商证券发布公告称,拟发行境外上市外资股(H股)并申请在香港联交所主板挂牌上市。在随后的6月份,招商证券实际控制人招商局集团收到国资委批复,国资委同意招商证券IPO发行不超过11.79亿股H股股票方案。 当时有媒体报道称,招商证券最初计划在2015年第四季度启动IPO交易,通过香港上市筹资不超过50亿美元。但此后A股在去年夏天暴跌,同类公司的估值也下跌,迫使招商证券重新考虑其IPO筹资额。 根据目前招商证券披露的信息,H股集资额降至最多14.7亿美元,意味着招商证券已经将预期集资额下调了七成多。 同时为了保证H股顺利发行,招商证券还在今年3月推出了员工通过资产管理计划认购H股的方案草案,参与对象为公司董监事、高级管理人员、VP层级以上业绩达标人员及其他层级业绩突出人员,合计不超过1500人,资金总额合计不超过20亿元人民币。 招商证券在公告中表示,所有参与对象的购股股数在H股IPO价格确定后将一并确定,而最终的价格会有多大的折价率,还需要看市场的决定。 尽管员工持股计划尚未落实,不过招商证券为H股顺利上市请来了不少资本大佬“站台”。 根据港交所披露的信息,招商证券的基石投资者为国际配售中的重要部分,占H股IPO比重60%。在11名基石投资者中,人保集团旗下的人保寿险认购最多,达5.225亿美元;周大福与EastPacific各认购5000万美元;中国再保险、腾讯主席马化腾旗下Advance Data Services Limited、复星国际、国家电网子公司英大信托、云南城投集团子公司彩云国际、乐视网全资子公司LegitValue分别认购3000万美元。另外,中国兵器装备集团认购2000万美元。 虽然目前招商证券的H股认购尚未结束,不过东方证券7月H股公开认购不足,只获得96%认购,国际配售部分录得适度的超额认购,光大证券在港发售部分则超额认购0.68倍。有香港分析师认为,招商证券H股的市场认购可能较国际配售要“清淡”。 另外,除了集资额缩水,招商证券此次发售H股还较A股大幅折价。其定下的招股价区间是11.54至12.78港元,以9月29日A股收盘价16.97元人民币计,H股较A股折让约35%至41%。 由于目前香港市场偏弱,从已上市的券商新股情况来看,形势不容乐观。以东方证券为例,发行价为8.15港元,挂牌当天即破发。截至9月29日收盘,股价报7.91港元,较发行价跌去2.94%。另一券商光大证券,也是上市第四日就跌破发行价12.68港元,29日收盘报11.80港元,已较招股价跌去6.94%。 A股表现“一地鸡毛” 定增110亿难托股价 在投资大佬入场H股的背后,招商证券在A股市场却是“一地鸡毛”。公司9月29日收于16.97元,与2015年4月9日创下的最高价40元相比,市值蒸发1200.93亿元。 形成对比的是,招商证券在A股市场没有停止融资脚步。 2014年4月11日,招商证券非公开发行股票的申请获得证监会通过。公告显示,招商证券向特定对象非公开发行股票11.47亿股,发行价格为每股9.72元,最终募资111.02亿元,招商证券将募集资金全部用于补充公司资本金和营运资金,并于当年年底使用完毕。 另外,今年上半年招商证券净利润同比大降69.5%至22.36亿元,营业收入51.98亿元,同比下滑67.23%。招商证券称,主要是由于去年7月以来市况不景气及参与股市稳定措施。 而招商证券2015年度实现营业收入252.92亿元,同比增长129.87%,归属于母公司股东的净利润109.09亿元,同比增长183.29%。 数据显示,经纪手续费、佣金和利息收入一直是招商证券最主要的收入来源,占总收入的比重在六成左右。但今年上半年,该业务收入为48.9亿元,较上年同期的125.1亿元下降60.9%。同时公司的证券投资业务营收为2.7 亿元,同比下降93%。 由此来看,招商证券亦难避免“靠天吃饭”的行业规律。事实上,上半年券商日子都不太好过。 中国证券业协会统计数据显示,今年上半年证券行业累计实现营业收入1570.79亿元,净利润624.72亿元,分别较同期下滑52.47%和59.22%,其中行业代理买卖证券业务净收入559.76亿元,较同期下滑64.67%。 而A股25家上市券商上半年实现净利润总额421.48亿元、营业收入总额1160.8亿元。其中,21家上市券商今年上半年净利惨遭“腰斩”,山西证券净利跌幅最大,同比下降85%,14家上市券商营业收入同比降幅逾五成。 分析人士表示,券商上半年业绩同比大幅下滑已在市场预期内,主要体现为经纪业务手续费净收入以及公允价值变动损益较上年同期下降明显。随着大盘从高点滑落,今年上半年证券市场表现低迷、股票交易量同比大幅萎缩、两融余额的下降等市场环境的变化,以及监管的日趋收紧,对券商业绩影响很大,是导致营收和净利润腰斩的主要原因。   股市早报,投资前瞻,涨停预测,牛股捕捉,尽在微信号【凤凰证券】或者【ifengstock】  盘后剖析A股走势,指点明日走势,请关注微信号【复盘大师】或【fupan588】      相关的主题文章:

如果类似苹果的公司将资源投入至海德拉巴 木犀瓜片

Apple will be set up in India outside the United States first R & D center Sina Technology News Beijing time on February 12th morning news, Apple will set up R & D center in India Hyderabad. This will be Apple’s first R & D center outside the United states. The research and development center will cover an area of 250 thousand square feet (about 23 thousand and 200 square meters), with an investment of 25 million US dollars. It is expected to create 4500 jobs in the region. Large IT companies, including Infosys, Wipro, Microsoft and Cognizant, have set up offices in the region. Apple will set up a preliminary innovation center in Hyderabad in June this year, and will start the R & D center at the end of this year the overall operation. Apple plans to develop map technology locally for iPhone and Mac computers. Apple had established a technology support center in Bangalore years ago, but because of the quality of service, the center was closed 10 years ago. So far, Apple’s core technology has been developed independently in the United states. Apple will outsource to third party companies only if it has low maintenance applications. India TILON Jianabang information technology minister Jieyeshen · (Jayesh Ranjan); Jane Lan said: "this is very positive. Apple is not only concerned about the city of India, but also concerned about Europe and other parts of the world. They decided to set up a research center in Hyderabad is the city that." He didn’t confirm when Apple was going to sign a memorandum of understanding. Industry insiders estimate that the specific time will be at the end of this month or early March. Tielen Jianabang Technology Services Department is responsible for human Carter shevah · (Venkateshwar Rao); Rao said that Apple’s decision to strengthen Hyderabad science and technology industry as the center of the image. He said: "Microsoft Windows 10 in the development of Hyderabad, at present it has become a global product. If the company will be similar to Apple’s resources to Hyderabad, so it can not only create jobs, but also bring a good image to the city." Google CEO Sandahl · (Sundar Pichai); Pichai visited India last December. When he announced that the next few years, Google will set up the largest park in South Hyderabad, but only that the headquarters of the United States park. Microsoft CEO Satya · Nadella (Satya Nadella) last December also went to Hyderabad. He announced plans to expand local business operations. (Wei Jin)

苹果将在印度成立美国以外首个研发中心   新浪科技讯 北京时间2月12日上午消息,苹果即将在印度海德拉巴成立技术研发中心。这将是苹果在美国以外的首个研发中心。   这一研发中心的占地将为25万平方英尺(约合2.32万平方米),投资将为2500万美元,预计将在当地创造4500个工作岗位。大型IT公司,包括Infosys、Wipro、微软和Cognizant已在当地成立了办公室。   苹果将于今年6月在海德拉巴成立初步的创新中心,并将于今年底启动研发中心的全面运营。苹果计划在当地开发地图技术,用于iPhone和Mac电脑。   苹果多年前曾在班加罗尔成立过技术支持中心,但由于服务质量问题,这处中心于10年前关闭。到目前为止,苹果核心技术的开发主要在美国自主进行。只有对技术含量不高的应用维护工作,苹果才会外包给第三方公司去做。   印度泰伦加纳邦信息技术部长杰耶什·兰简(Jayesh Ranjan)表示:“这是非常积极的进展。苹果不仅关注印度的城市,也关注欧洲和全球其他地区。他们决定在海德拉巴成立研发中心是对这座城市的肯定。”他没有确认,苹果将于何时签订谅解备忘录。业内人士估计,具体时间将会是本月末或3月初。   泰伦加纳邦科技服务部门负责人文卡特谢瓦·拉奥(Venkateshwar Rao)表示,苹果的决定将加强海德拉巴作为科技行业中心的形象。他表示:“微软Windows 10在海德拉巴开发,目前这已成为一款全球产品。如果类似苹果的公司将资源投入至海德拉巴,那么这不仅能创造就业,还能给城市带来良好的形象。”   谷歌CEO桑达尔·皮查伊(Sundar Pichai)去年12月访问了印度。当时他宣布,未来几年,谷歌将在海德拉巴成立南亚最大的园区,也是除美国总部以为的唯一园区。   微软CEO萨蒂亚·纳德拉(Satya Nadella)去年12月也前往海德拉巴。他宣布了扩大当地业务运营的计划。(维金)相关的主题文章:

the fund has left the team in December last year. Informed sources said 打靶归来原唱

The theme of Asian hedge fund liquidation tide and three funds off the U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time 26 days Bloomberg said, Lazard Asset Management, River CapitalManagement and Pine security capital is three liquidation of its recent Asian theme the hedge fund company. Lazard Ltd in the email announcement that the company asset management department closed a $9 million 800 thousand Lazard Asia ex-Japan Equity Strategy fund, the fund managers have left in singapore. According to another email announcement, real estate and infrastructure company started security capital tube Australian credit has been shut down about $104 million in AMP Capital Asia Quant Fund, the fund has left the team in December last year. Informed sources said, Pine River in November last year, winding up a Multi Strategy hedge fund, for failing to raise enough to maintain the operation of the fund investors’ money. Pine River Asia Fund, which is managed in Hongkong, has attracted about $120 million in investment since it was founded in 2004, people familiar with the matter said. The insider was reluctant to be named because the news was not public. Hedge funds are becoming more challenging as market turbulence weakens returns, and regulatory tightening pushes up the cost of asset managers. In addition, investors switch to the largest, best performance of the information management institutions, but also led to a lot of smaller companies go out of the dark. Eurekahedge Pte data showed that there were more than 800 hedge funds closed in the world last year, a trend that has been evident for at least five years. "Especially in the Asian hedge fund, intensified competition, it becomes more difficult to attract investment, recruitment company Principle Partners Pte in Singapore, the managing director of Will Tan said. "Alternative funds are a lot more." Editor: Li bolt SF171

亚洲题材对冲基金清盘潮起 又三支基金关闭 美股行情中心:独家提供全美股行业板块、盘前盘后、ETF、权证实时行情   新浪美股讯 北京时间26日彭博称,Lazard Asset Management、安保资本与Pine River CapitalManagement是最近三家清盘旗下亚洲题材对冲基金的公司。   Lazard Ltd在电邮公告中称,公司资产管理部门关闭了980万美元的Lazard Asia ex-Japan Equity Strategy基金,在新加坡的基金经理已经离职。另据电邮公告,以房地产与基建起家的澳大利亚资管公司安保资本也已关闭约1.04亿美元的AMP Capital Asia Quant Fund,该基金团队已于去年12月离职。   知情人士称,Pine River去年11月清盘了一支多策略对冲基金,因未能筹措到足够继续维持该基金运作的投资者资金。知情人士称,在香港管理的Pine River Asia Fund自2004年成立以来吸引到约1.2亿美元投资。因消息未公开知情人士不愿具名。   随着市场动荡削弱回报水平,以及监管收紧推高资产管理机构的成本,管理对冲基金变得越来越富于挑战。另外投资者转投规模最大、业绩最好的资管机构,也导致很多规模较小的公司黯然离场。Eurekahedge Pte数据显示,去年全球有800多支对冲基金清盘,这一趋势在过去至少五年里都很明显。   “尤其是在亚洲,对冲基金的竞争愈演愈烈,变得更加困难吸引投资,”招聘公司Principle Partners Pte驻新加坡董事总经理Will Tan表示。“可选择的基金多了很多。” 责任编辑:李栓 SF171相关的主题文章:

  在充盈的资金面之下 临危不惧的意思

The opportunity is greater than the stock market bond market policy imagination – Sohu finance last week in the spread is too narrow, the market heights, profit taking pressure, the bond market has a significant adjustment, the ten year Treasury yields upward 6BP weeks. This week in the "Treasury deposit rates", "14 days reverse repurchase restart" message under the impact of the bond market ushered in the "at the two day". In August 23rd, the central bank 14 days reverse repurchase amount and reduce overnight on line + window guidance "rumors, causing bond market crash. 8 24 April morning, the central bank announced 500 billion 14 day repurchase, yesterday that rumors, the bond market continues to fall, after the central bank announced the 14 days reverse repo rate unchanged at 2.4%, did not increase, the market sentiment eased, bond futures pulled a wave. After the exchange with the funds rate upward intensified, the market panic again, bond trading funds interest rate adjustment is large, fast diving, the surface tension of funds has eased, bond futures far month contract turned red. This adjustment is mainly caused by the change of liquidity, the liquidity squeeze from two main factors: first, the Fed rate hike is expected to rise, the RMB exchange rate under pressure, increasing pressure on capital outflows. The recent Fed officials frequently, released hawkish signals, the RMB exchange rate pressure. Secondly, the central bank lock short put long urged the bond market to leverage, short-term RRR difficult period. After half a year, the central bank once again resorted to 14 days reverse repurchase, lengthen the funding period, mainly to control the bond market through overnight or seven days of rapid increase leverage, to avoid overheating of the bond market. The impact of liquidity is not only the bond market, the stock market will be short-term pressure. After a rebound in the market rose on Monday to break new highs for the year, the market continued to show a shock consolidation trend, the volume gradually shrinking, showing that the market rose early after the lack of upward momentum, a strong wait-and-see mood. Under the central bank funds face filling, firmly control the short end of the interest rate, the bond market has been gradually approaching the limit of the short-term rise, the future continues to rise sharply in the space is more limited. For the bond market, rose more, the future space is small. On the contrary, the stock market rose, the more confidence in the future will be stronger. Therefore, sufficient funds face stocks and bonds are undoubtedly positive, but the bond market limited positive, positive on the stock market has a larger imagination. In view of this, the future of the stock market or the bond market more opportunities. Daily the latest market operation guide and limit prediction will be in WeChat public number: publicize my eyes Kanpan, scan the QR code below (or WeChat search public number: agu819), you will get a different surprise!   

股市机会大于债市 一政策带来想象空间-搜狐财经   上周在利差过窄、市场恐高、获利回吐的压力下,债券市场已经出现了明显的调整,十年期国债收益率周内上行6BP。   本周在“国库定存利率上调”、“14天逆回购重启”等消息的冲击下,债市迎来了“惊魂两日”。   8月23日,央行就14天逆回购询量和“减少隔夜+对大行窗口指导”的传闻,导致债券市场大跌。   8月24日早盘,央行宣布进行500亿14天逆回购,坐实昨日传言,债市继续下跌,之后央行宣布14天逆回购利率持平于2.4%,并未上调,市场情绪有所缓解,国债期货拉升了一波。   之后随着交易所资金利率上行愈演愈烈,市场再次陷入恐慌,现券调整幅度较大,尾盘资金利率快速跳水,资金面紧张有所缓解,国债期货远月合约翻红。   本轮调整主要是由流动性的变化引发,流动性紧张主要源于两个因素:首先,美联储加息预期回升,人民币汇率承压,资金流出压力增大。近期联储官员频繁发生,释放鹰派信号,人民币汇率压力增大。   其次,央行“锁短放长”敦促债市去杠杆,短期降准难期。时隔半年,央行再次祭出14天逆回购,拉长资金期限,主要为了控制债市通过隔夜或七天快速加杠杆,避免债市过热。   流动性影响的不仅仅是债券市场,股票市场短期也会因此承压。在上周一市场大涨突破年内反弹新高之后,市场持续呈现出震荡整理态势,成交量逐步萎缩,显示出市场前期大涨后向上动能不足,观望情绪浓厚。   在充盈的资金面之下,央行牢牢管控住短端利率,债市已逐渐逼近短期上涨的极限,未来继续大幅上涨的空间较为有限。   对于债市而言,涨得越多,未来的空间越小。相反,对于股市而言,涨得越多,对未来的信心会越强。   因而,充裕的资金面对股、债无疑都是利好,但对债市的利好有限,对股市的利好却有较大的想象空间。如此看来,未来股市的机会或多于债市。   每日最新股市操作指南和涨停板预测都会在我的微信公众号:证眼看盘里公布,扫描下方二维码(或搜索微信公众号:agu819 ),你会得到不一样的惊喜!   相关的主题文章: