Super action in the two main

External news: 1. 29 Federal Reserve, the decision-making at the regular meeting decided to cut interest rates by 0.5 percentage points, down from the existing 1.5 to 1%. This is for the Fed to deal with the financial crisis in the emergency cut interest rates twice this month, 0.5 percentage points ( Comments: The United States continues to drop interest rates again has little room) 2. Chonggao the U.S. stock market decline, down 77 points; the current Asia-Pacific region, Japan's stock market rose 250 points. Domestic news: 1. People's Bank of China decided on October 30, 2008 from financial institutions to cut the benchmark interest rate of RMB deposits and loans, one-year deposit interest rate from the current 3.87 percent, down from 3.60 percent, down 0.27 percentage points; one-year loan Benchmark interest rate from the current 6.93 percent down to 6.66 percent, down 0.27 percentage points; other grade deposit. Benchmark lending rate adjusted accordingly. Personal housing accumulation fund loan interest rates unchanged (Comment: Although this month has been falling interest rates twice, But for purposes of the stock market had a limited impact on the market, "money" to rescue the city). 2. Statistics show that: Shanghai and Shenzhen stock markets in November there were 132 companies listed 16,321,000,000 shares of restricted stock will be listed for sale, including the first original shareholders to sell restricted shares. Institutional placement of shares first. Directional additional placement agencies limit the sale of shares . Shareholding limit incentives to sell shares, as well as the share sale of the shares are limited. Limited ban the sale of shares of the total market value of about 100,359,000,000 yuan, a lifting of the ban in October to increase the size of 17.72 percent. One share offering limited lifting of the ban in November as the number of 11,765,000,000 shares, according to the October 27 closing price, lifting the market value of about 62,011,000,000 yuan, a lifting of the ban in October to reduce the size of more than 11 months into a two-unit limit to ban the sale of shares The size of the total lifting of the ban size of the market value of 61.78% (Comment: The issue of lifting the ban remains China A share market, the head of the sword). 3. Securities and Futures Commission yesterday on the Margin pilot to suspend business to carry out denial of the rumors and said that the normal business of promoting. Two main force in the Super Action: 1. After the market fell 73% after, A-earnings ratio stocks had fallen sharply in Shanghai and Shenzhen 300 dynamic-earnings ratio of only 12 times, static-earnings ratio of 14 times.'s Market valuation has entered the record low level of the region. From the Has been disclosed in the third quarter of QFII stock situation, the scale of investment did not fall but rise, the number of shareholders rose to 902 million shares, increasing 42.5 percent over Central 2. As of Oct. 29 has been disclosed Quarterly Bulletin of the three listed companies in 1233, a total of 17 Social Security Fund Portfolio 117 listed companies coming out of the top ten list of shareholders in circulation. The social security funds into 52 new companies, by 30 warehouses, 19 of the company's stock has not changed, and Jiancang of only 16 companies. In fact, the market fell to 6124 from 1665, the overall rate dropped by nearly 73%.'s Main capital markets will continue to Opening a reality. QFII and the social security fund, for example. Insurance fund. Public Offering new and old funds. Private equity fund. Brokerage and The central part of the business, and so on. Once the pace of their co-ordination, the two cities at the bottom of the building will play an immeasurable role, investors need to observe the formation of this force.