Prospects for the stock market rebounded in 2009 not only reversed

 2009 stock market outlook: only rebound fails to reverse
2009-1-6 Daily News
2009 China's stock market also is relatively tough year, the reason is that there is no end to the financial crisis and economic decline of inertia , the size of non-problem is not ***.
Compared with 2008, 2009, the biggest bright spot in the active fiscal policy, which is part of the Chinese economy can squeeze out of a nightmare. business because of the global consumer demand and active contraction, the central bank also fueled anti-overheat situation, but lags behind the scene so unusual, so the situation before and after the toss, hoping no longer appears.
affect the stock market in 2009 the two main factors, one is expected to continue to decline in profitability of listed companies will be more than 15%, the second is the size of non-reduction of 4 times in 2008, the negative is expected to exceed 2008.
2008 performance of listed companies declined, the just-concluded fourth quarter of 2008,UGG boots cheap, there are a number of listed companies issued results amended notice , most of the performance of the company the original growth forecast revised downward. As the central pillar of China's economy as poor corporate performance, the SASAC, said deputy Huang Shuhe, central enterprises in 2008 is expected to total revenue of 11.5 trillion yuan to achieve, an increase of 20%; about 7,000 billion yuan in profits, down 30%, if you exclude the impact of two natural disasters and petrochemical, power generation companies and other policy-related losses by favorable factors, the total profit of 1 trillion yuan, with 2007 In 2009 basically the same as the proactive fiscal policy will boost the role of a central rate,Discount UGG boots, but the results will not change the downward trend.
As for the size of Africa, the size limit, I am afraid will become China's stock market is always pain. Mr. Li Daokui proposed, will size of the non-sold to the Social Security Fund, to a prison the size of non-permanent solution to the problem Plaza. This is wishful thinking good economists. size of Africa, the size limit of the most important issue is to solve new parts, but not limited to the stock size of the share reform of non- , that is not really the problem, real problem is the size limit of a steady stream of water can not handle. If the stock market rebounded slightly, restoring new issues, and constantly create new size limit, how, how much money can be diluted to undertake this kind of ;? investor confidence and how to support the bottom line?
Moreover, the size of social security funds transactions with non-Why? is a special social security fund investors, not as an ordinary secondary market investors, with the market price for the size of the non-access disk. And the vast majority of large resources of non-hands the hands of the SAC, the SAC has been since the transfer of state-owned shares a reluctant social security, and now there is no basis to the large non-Social Security. Not only reluctantly,UGG shoes, the SASAC has expressed that he would make arrangements for asset management companies, do their own thing, I expected the SASAC is the largest market makers, if not for large non-control over state assets to seize the initiative in the M &? interest, long-term status of the SAC system, They would not easily give up.
Dai of China Social Security Fund Council President said the end of October 2008, state-owned shares to enrich the social security fund approach is being developed, the current understanding of the various departments within the territory has been consistent, announced. institutional living eye, can retreat into,Bailey UGG boots, you can cash out of thin air, for state-owned enterprises restructuring services, affect the situation as a whole, China's stock market will not easily eliminate the privilege.
globalization of the global financial crisis will further deepen China's capital market prices will be more by the international market constraint. tightening as the global financial crisis continues, the world's major financial institutions, find ways to alleviate liquidity difficulties, the first serves decent assets, against the common rule out near the end of .2008, Switzerland Ag (UBS) Swiss bank which held the sale of its 1.33%, a total of 3,378,000,000 shares of the H Shares of Bank of China shares, received $ 808,000,000 in capital gains, net of $ 491,600,000 in 2005, holding costs, UBS received more than 60% rate of return. In the current financial markets, is a miracle.
Chinese financial institutions other financial investment banks such as Royal Bank of Scotland (Royal Bank of Scotland) and Bank of America (Bank of America), is also eyeing for sale its shares in Chinese banks, to feed their own balance sheet. With the high growth phase of China's financial institutions was fading, the stock price along with the international market and go, the reality is irresistible.
It is said that in 2009 the central bank will release more money, double rate will be lowered, even if the increase in the trillion yuan true, the money will not be converted into capital market investments, but will make up 08 enterprises and individual investors the formation of undesirable balance sheet, and only fill the hole, the investment have a charm. no one who will be clamoring wealth money into the stock market and property market.
avalanche and fell in 2008 is different from 2009 will be Yindie shock of the year, do not point the bottom of the crash in 1664, nor those who followed shouted   rose. with the policy introduced, there will be some of the structural plate rebound opportunities. only so far.
Note: the end of 2008 , playing the elegant end of the piece, wrote a a lingering fragrance.