When Will "Tight Money" End The Two Dimension And Look For Opportunities For Individual Stocks?

< p > < strong > 1.

When the money is tight, /strong < < /p >.

< p > the continuous decline of the market is closely related to the financial tension at a recent stage. Although the financial strain at the end of the year is predictable, the recent tension is more intense than in previous years.

Three factors bring adverse expectations to the market's capital side.

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< p > first, the interest rate of "a href=" //www.sjfzxm.com/news/index_f.asp "> /a" /a "increased again. At the end of the year, the demand for capital withdrawal from various industries raised the interest rate of funds again.

The reverse repo rate of treasury bonds has also been at a relatively high level recently.

Over the years, the interbank lending rate is expected to continue for some time.

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< p > secondly, the Shenzhen stock exchange is about to start the new share purchase test. The two cities are not far from the gate opening time.

According to statistics, the number of new shares to be issued in two cities is more than 700. Although the SFC has restricted the eligibility of new shares, it can not change the effect of "drawing blood" in the issue of new shares.

The upcoming IPO makes investors more adverse to the expectation of capital side.

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< p > third.

From the perspective of exchange rate, the scale of quantitative easing has been reduced by 10 billion US dollars in the recent "a href=" //www.sjfzxm.com/news/index_c.asp "/a".

The US dollar index is now hovering around 80. With the US shrinking QE in the next few days, the US dollar index will rebound significantly, which will change the flow of capital between the United States and emerging markets.

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< p > from the above three points, the "tight money" situation will continue for a period of time, and the time period is longer than in previous years. The most important influence comes from investors' poor expectation of capital.

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< p > < strong > two.

Small and medium capitalization stocks sing the new year's market < /strong > < /p >.

< p > under the situation of tight funds, cross market quotas will still exist, but mainly concentrated on small and medium capitalization stocks.

The new rules promulgated by the SFC have had a relatively large impact on the gem. The market capitalization of small and medium capitalization stocks has made a larger adjustment than the index. After a period of adjustment, this series of stocks reappeared.

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< p > first, the us a href= "http://fz.sjfzxm.com/" > Dow Jones index < /a > a href= http://pop.sjfzxm.com/popimg/fz/index.aspx > NASDAQ index < /a > continues to hit a new high in recent years, and the pace of US economic recovery is obvious.

The strong recovery of European and American economies means new opportunities and opportunities for new products R & D capability and demand for high-tech industries. Meanwhile, expanding 4G network both inside and outside the country will bring some new changes to the industry.

The adjusted high-tech stocks have begun to attract.

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< p > besides, from the perspective of the market, although there are not many index opportunities, funds still need to find some opportunities to get profits. Small and medium capitalization stocks have less demand for capital and are prone to "tug of arms" effect, which is attractive to active small and medium-sized funds.

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