Who shares in the pursuit of post-disaster benefit
2008 05 24 05:28 China Securities Journal - Zhongzheng Wang Xu Guojie
reporter after the earthquake, cement, road and bridge plate, and benefit from the sudden emergence of disaster medicine, Many individual stocks is a prelude to beginning the continuous limit. Chongqing Road & Bridge (15.29, -1.70, -10.01%, right) from May 12 9.41 yuan to 16.99 yuan 22, shares rose more than 7 days 80%, is undoubtedly the first stars after the earthquake the stock market shares; Sichuan Road & Bridge (10.06, -1.09, -9.78%, it) also to the daily limit for 5 consecutive trading days to close, or more than 60%. But Friday, the Chongqing Road & Bridge was tightly sealed in the daily limit on Sichuan Road & Bridge is also struggling near the daily limit, and create a transaction amount of days. in the end who benefit from these stocks in the post-disaster blowing hot and cold?
br> In a well-known Internet company's Tianqi Lin recalled that an earthquake was shaking their office has a lot of people panicked, screaming earthquake, and while there are other rumors spread, the first thing is to hurry back to his seat on the shares held in their hands to sell. We did not experience it, so I chose to avoid this uncertainty, First think of cement, cement reconstruction requires a lot. Shares of relatively familiar, and secondly, the cement stocks are cap, lower, should be easier to follow the trend of speculation and attract disk. to the huge profits, with the further disclosure of the disaster, he bought China Railway Bureau (16.27, -1.59, -8.90%, right), is expected to benefit from increased demand for infrastructure services, just a few days more than 15 % return.
serious casualties, although the money to invest in the stock market and the mourning, to help the disaster areas is not inconsistent, but I still feel very guilty. Tian Qilin after the earthquake the stock market as .
hot money flagrantly exert
Central China Securities, said Zhang Gang, consisting mainly of hot money to private equity is the protagonist of the current market.
Topview data show that, Chongqing Road & Bridge, Sichuan Road & Bridge and other stars share market boom when Ten seats are the first to buy the brokerage business department, there are funds and other institutions were not there seats.
shares from the perspective of these rising stars, the subject of hot money in search operations, also after some screening, as for the cement shares Taihang Cement (7.34, -0.60, -7.56%, bar), Jiangxi Cement, Qinling Cement limit in a row after the earthquake, as at 22, or more than 20%, close to 40% higher. However, as the cement Awkwardness of the leading fund industry Conch Cement (57.06, -1.57, -2.68%, right) dwarfs, just three days after the earthquake rose by 6.75%. Similarly, the fund holds more horse racing industry (14.67, -1.24 , -7.79%, right), 22, 12 than the closing price rose only 5.3%. Tianshan Fund densities of shares (11.80, -0.17, -1.42%, right) with the time period rose only 7.49%.
Simple induction can be seen that a common characteristic, that is not soaring fund holding, almost no institutional positions. Typical such as Sichuan Road & Bridge, Chongqing Road & Bridge, Taihang Cement, Chongqing development (11.61, -1.29, -10.00%, bar), etc. These companies show a quarterly 08, the top ten shareholders of circulation or a fund are not, or only one fund to enter, and fewer shares. Sichuan double horse is an exception, the stock has a lot of funds were crowding together As a local veteran cement stocks of Sichuan, in the convergence effect and the atmosphere of speculation, the Going is inevitable.
who shares in the pursuit of post-disaster benefit (2)
2008 年 05 月 24 日 05:28 China Securities News - Zhongzheng Wang
interviewed a number of fund investment officer, said in unison, which is basically a reconstruction of the concept of stock speculation. ; all hype the concept of value is not involved. an increase of cement, steel demand, it is only a one-time, the nature of the related companies will not have to change the fundamentals.
It is due to the characteristics of hot money 短炒 so messy hot market, industry wheeled quickly, often led the plate before the day after the day led by a plate, a plate the previous day's leading decliners led after the day section. Quotes difficult to keep up with rapid changes in focus for investors. CITIC Securities (33.39 , -0.71, -2.08%, bar) Research Department of Statistics show that on May 13, led the day into blocks of biological medicine, led by non-ferrous metals, but in the May 14, became non-ferrous metals led the vanguard, to May 15, led by medical and biological become a main.
observed from the disk, May 21 rally since the slowdown in the cement stocks, many early strength cement stocks occurred in the shares of the various types of electrical, construction shares chemical fiber and textile stocks start going up, such as the Xichang Electric Power (7.01, -0.59, -7.76%, right), Kowloon power (7.21, -0.72, -9.08%, right), Tengda Construction (7.30, -0.81, -9.99 %, right), Long Jian shares (5.08, -0.45, -8.14%, right), Jilin Chemical Fiber (6.16, -0.44, -6.67%, right) and so on. disaster hot stocks have benefited from the rapid transfer of multi-faceted flower signs.
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speculators speculation stock market after the earthquake characteristics, the perfect interpretation of the stock market depends on the mass psychology Keynes, beauty quiz similar to the theory of stock picking.
Internationally, Japan, Taiwan and other places hit by the earthquake response after the stock market is basically exactly the same happened in 1995, Kobe, Japan, magnitude 7.2 earthquake, although the gradual decline in the stock market after Japan, but with the construction and building materials-related stocks continued to rise there, the same, Taiwan 1999 suffered a magnitude 7.3 earthquake, cement, steel and building materials stocks have both been up, down stocks mainly in banking, real estate and insurance.
in the stock market classic, by such a rapid response to emergencies make the most money in the story: For confirmation that the disaster was reflected in the trading room displays, but now Alexander has bought enough to fill two super tankers of crude oil. Also called the phone: supply, including potato products. Therefore, uncontaminated product prices will rise in the United States, at least you will expect this.
close to the A-share market is the most recent case in February this year, frozen snow disasters, then continue freezing the large area around the affected crops, including sugarcane land, according to reports, to close up less than one-third of sugar cane, the lack of raw materials, production of sugar makes the sudden reduction of sugar prices is expected to make a corresponding rise in futures and stocks appear immediately the rise in violent, such as Nanning Sugar (20.00, -0.50, -2.44%, bar) in February rose to about 49.53%, your sugar shares in February rose 49.42%.
addition to sugar, the international futures market by large-scale transformation of the affected power grid will be Traders said one reason oil prices rose as the expected large-scale relief and reconstruction work, the need for adequate oil supply to China after the earthquake may increase diesel fuel imports.
we learn from history is , when a major incident occurs, a keen speculators never take into account the present limited interest, but will consider the market reaction to the second and third step, when panic seized the wealth in people.
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