By TX Investment Consulting Co., Ltd.
- Jul 18, 2011
- Macroeconomic
Shanghai and Shenzhen stock market rallied after recession last week, but turnover shrank to some extent compared with that of previous weeks. Viewed from elements influencing the market trend, semi-annual macro-economic statistics and understanding of Premier Wen’s research address were definitely the market focus and greatly influenced the market. To outlook the after-market, priorities will .......
By TX Investment Consulting Co., Ltd.
- Jul 26, 2011
- Macroeconomic
Monetary policy is likely to loosen in 2H 2011, whose attention will gradually pass from expansion control and price stabilization to growth. We believe that in case of not strong price adjustment power and relatively normal climate in 2H 2011, the CPI growth will stably drop month by month after July. The whole year CPI .......
By TX Investment Consulting Co., Ltd.
- Jul 26, 2011
- Macroeconomic
As the big cap is in shock box, medicine sector adopts both offensive and defensive strategies. In two weeks, Shanghai Composite Index went up by 2.20%, TX medicine index by 9.53%, which beat Shanghai Composite Index by 7.33%. Up to this week, TX medicine index shows that medicine sector has performed better than the big .......
By TX Investment Consulting Co., Ltd.
- Jul 12, 2011
- Macroeconomic
Out of many news highlights last week, the one that has attracted the most interest was the hydro-project conference. It was the first water conference that is called by the CCCP (the Central Committee of the Communist Party of China) since the PRC was founded. According to the Xinhua News Agency, it was made clear .......
By TX Investment Consulting Co., Ltd.
- Jul 26, 2011
- Macroeconomic
Recently, international capital market tumbled and dollar index accordingly fluctuated, which surely increased risks in exchange market. According to short-term factors affecting the exchange, dollar and euro exchange will be mainly influenced by international economic event, investor risk preference and anticipation on rate increase in short term. .......
By TX Investment Consulting Co., Ltd.
- Jul 26, 2011
- Macroeconomic
With the approach of July 2011, market interim statements began to be released. According to TX statistics, 771 listed companies (over 30% of the total listed companies) released interim reports up to 26 July, 2011. Of which, 462 companies announced to see increase, 32 to see profit and 106 closed even. We hold that interim .......
By TX Investment Consulting Co., Ltd.
- Jun 8, 2011
- Macroeconomic
Industrial added value of May 2011 sees year-on-year growth of 13.2%, with month-on-month acceleration down by 0.2ppt. We hold that slack demand and high inventory are the main cause. Nominal and actual investment acceleration slightly advance, yet still in historical low range. Jan-May Investment in Fixed Assets of City and Town is expected to grow .......
By TX Investment Consulting Co., Ltd.
- Jun 9, 2011
- Macroeconomic
Since investors’ anxieties of declining economic acceleration begin to dominate the market and the big cap maintains concussion recently, we suggest investor layout term investment at relatively low position and set flexible and low-estimated industrial funds as main orientation. To see in details, after years of adjustment, high valuation risks of domestic demand consumer industries .......
By TX Investment Consulting Co., Ltd.
- Jun 8, 2011
- Macroeconomic
During the last week, Shanghai and Shenzhen stock markets remained adjustment at relatively low position; viewed from the whole, trading enthusiasm was not high, and trading volume and turnover rate took on sign of continuous shrink. Viewed from TX style index, small-cap shares begin to rebound after excess earnings reaching the interim low; Mid-cap Growth .......
By TX Investment Consulting Co., Ltd.
- May 23, 2011
- Macroeconomic
During last week, Shanghai and Shenzhen stock market downwardly fluctuated. Shanghai Composite Index saw 0.44% decline; viewed from TX industry, market hotspot was in non-periodic industries like food & beverage, electrical appliance and communication. Viewed from configuration, we suggest emphasis be put on individual shares of weak periodic plate with steady profitability and relatively low .......