60 days or usher in a major bull market

China's fiscal policy and monetary policy adjustment, as well as 4 trillion yuan of the "big" program to stimulate the economy greatly boost the confidence of the market, Merrill Lynch, Pacific Securities, Hong Yuan Securities, and other agencies began to look at more than China's economy and A shares. Pacific Securities Research Center, general manager of Guo Shiying even said that if the policy introduced in succession, China's economy will not be out of the fast-growing track in the spring next year (the latest was in May 2009) the assets of China will formally enter the market at home and abroad to promote capital , A new round of prosperity rare in the history of cycle "Drastic" optimistic "Popular Securities News" reported that Merrill Lynch research report released on the 11th that is expected in the next two years, the Chinese Government has made public 4,000,000,000,000 yuan of economic stimulus program to the gross domestic product (GDP) growth rate should be brought in Up to about 3% of 4 trillion yuan of the total number of terms on November 9, which is only about 1,650,000,000,000 yuan of funds for the new (deducting since mid-October announced the investment plan). Pacific Securities Research Center, general manager of Guo Shiying is optimistic that as China is the basis of a solid, as long as the surface-active fiscal policy and to start strong infrastructure of the Chinese economy and China's capital market will not be more serious, on the contrary, overproduction, lack of employment , Sluggish consumption and other issues will be resolved. According to his analysis, financial laws repeatedly show that the financial turbulence comes and go, not to mention the more other people's crises. First of all, China is fortunate that it has control of the capital firewall; Second, the United States thanks to the financial crisis took place in a timely manner, or China's foreign exchange reserves, as well as banks and other businesses, may be more foreign investment and infiltration suffered even greater losses; In addition, China's national conditions of this crisis, not enough to round out China's rapid development track. China is experiencing the pain of economic restructuring, as long as the correct policy direction, it is not a serious global problem. China can even the world crisis as a major development opportunities on the right moment. The vast domestic market, the huge amount of national savings, abundant labor force, strong financial strength, strong accumulation of foreign exchange, this is no country through the ages Qiuzhibude economic base, in which case, why do we blindly pessimistic? The Morgan Stanley chief economist for Greater China Wang suggested that the Chinese government earlier announced spending plans should show determination to support the economic growth that will help strengthen market confidence and enhance the effectiveness of fiscal policy. The new round of the bull market around the corner? In the Chinese government to stimulate the policy agreed at the same time, many institutions have begun to China's long-term development of capital markets are full of confidence. Hong Yuan Securities chief researcher at the strategy, said Tang Yonggang, 6124 anxious to point directly under the two major determining factor, that is, the reversal of supply and demand (limited to the sale of shares) and earnings are expected to reverse (slow down economic growth), but now, these two factors Are changing. For example, a total of 34 shareholders, the company issued a notice of the extension of the reduction, A shares of the company's shareholders to reduce delay, a shareholder, "Wei Wen," the first step in the strategy; A total of 155 companies issued 518 notices of shareholders holdings, stock holdings reference to the market value of up to 25,046,000,000 yuan; At the same time, the sound-day holding shares in the hippocampus and the A share repurchase is expected to open a wave of buy-back of listed companies. At the same time, he believes that in the A-share market fell sharply against a background of M & A is expected to speed up the restructuring of low-priced stocks of the larger theme of the market rebound. Current A-share market is trying to bottom, and large-scale M & A-share market is the real bottom. According to his analysis, if the government policy to stimulate the economy works, is expected to show a profit to the good will further stimulate the industry to reduce capital extension, the overweight, buy-back mergers and acquisitions and restructuring. A history of the shares in November to February next year's market share in low-cost material or larger, so Di Jiagu the recent rebound will continue. Guo Shiying are optimistic that, given the global liquidity into the blind, followed by the prosperity of people will be shocked! Development model because the United States and the international impact of the decline in credit in the next round of international capital flows, China is bound to be the focus of the world and the land. In accordance with the laws of the market, is the need to restore confidence in a period of time. He personally believe that all of China's economic and capital market bottomed out almost all of the forecast period are somewhat conservative. The spring of next year (the latest was in May 2009), China's equity markets at home and abroad will be formally entered the capital to promote the new round of prosperity rare in the history of the cycle. However, funds to build a letter published in the latest investment report that, CPI and the PPI in channel is down, with the decline in valuation, the opportunity to buy the attention should be gradually enhanced. Outside the site is expected to stabilize at the same time, in October to create the largest monthly decline in the market as a whole rebounded higher probability. However, economic growth climbed from the bottom of whether or not to rise into the channel or consolidation, depending on external demand and domestic demand growth rate of recovery. At present, emphasis should be placed on the defensive investment, focus on less cyclical industry and "increase security" under the theme of investment opportunities.