CICC 5 factors caused by the stock index has not yet formed a trend

CICC: 5 factors caused by the current stock index has not yet formed the trend trend of sina finance App: Live on-line blogger to tutor Jiepan listen to expert selection on Tournament Lin Niugu shares (08) securities times net Sept. 31 news CICC believes that due to the following five reasons, the current stock index has not yet formed the trends trends, is expected to continue to maintain a narrow range of fluctuation. First, the fundamentals, despite the July industrial profits data significantly improved, but the need to guard against a low base last year factor, and the problem of excess production capacity has not improved significantly, its sustainability remains to be seen; second, policy, restart curb asset bubbles under the requirements of the central bank recently and 14 day repurchase also means a further easing of monetary policy space is limited; third, from the perspective of risk preference, failed to reform the current measures exceeded market expectations, and since the July meeting of the Political Bureau of the first mention of the "suppression of the asset bubble, including property, banking and insurance products have strict regulatory signs, the overall effect the risk appetite will tend to be negative; fourth, the external market, the Federal Reserve Chairman Yellen proposed in recent months by the United States in the Jackson Hole Conference Economic trend makes the possibility of interest rate increases, but also for the short-term trend of A shares increased uncertainty; fifth, taking into account the G20 summit approaching, the market or the existence of stability is expected to limit the downward movement of the stock index. CICC recommend investors to maintain a neutral position, the operation of the proposed combination of reporting the situation, pay attention to boom for the better good matching degree and the valuation of stocks and sectors, such as poultry, household appliances, food and beverage, medicine and so on; theme, suggestions focus on supply side reforms, the local state-owned enterprises reform, PPP theme. (Securities Times Online News Center) Sina statement: this information reproduced from sina Associated Media, posted this article for more information to pass, does not mean that agree with their views or confirm the description. This article is for reference only and does not constitute investment advice. Investors operate accordingly, the risk of their own. Enter the Sina financial stocks] discussion相关的主题文章: