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Changes in monetary policy, care and thought need to recognize the new

Changes in monetary policy, care and thought need to recognize the new

Concern of the central bank’s Monetary Policy Committee the first quarter of 2010, recently held a regular meeting. Special emphasis was placed, to make flexible use of various monetary policy tools to maintain reasonable liquidity of the banking system sufficient to guide the overall moderate growth in monetary credit. Credit funds to be put in the relative balance, for the whole year credit control objectives. “Yang Xian upward trend in the second quarter set up to determine”

The regular meeting of the fourth quarter of last year compared to regular monetary policy, the meeting put before the credit balance with the “relative” word. Some analysts believe that this shows that the credit or the central bank and the real economy needs to be put with the laws, rather than simply balance the year’s credit will remain high to low.

However, the central bank’s Monetary Policy Committee in the first quarter of this year, the day after the regular meeting, the central bank announcement of the meeting concluded. Prior to the market interest rate hikes, exchange rate and other hot issues, the central bank to disclose the information did not directly mention. Some analysts believe the central bank announced the meeting that there is no direct reference to raising interest rates is to clarify the recent speculation on interest rate adjustments, not to convey the sights on the meaning of the interest rate adjustments.

Music blind cast that excessive market speculation the central bank policy, is not conducive to understanding the central bank, is not conducive to the implementation of regulatory policy. Market should understand the central bank to control the central bank more room, so as to maintain the same direction, to safeguard economic stability. And the central bank’s control is not weighed on the market, the central bank to consider the market objective factors, macro-control is for the purpose of protecting the market. The market should also have policies to prevent risks, can not rely on policy grew.

2010, China’s economic situation facing the most complicated year, the state of monetary policy, exchange rate above caution and consideration is to ensure stable economic development and coordinated development between the industrial structure adjustment. Investors should not overly suspicious in this area. Grasp the opportunity in the market to more from the policy on industry support, adjustment to sort out our thinking, the value of stocks in mining companies should be concerned about the fundamentals and profitability, the concept of pure speculation to maintain vigilance. The only way to get a better yield this year.

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Control followed the opportunity to view real estate shares

Regulation of real estate shares followed the opportunity to view

17 State Council issued a circular calling for the implementation of the various regions and relevant departments of the responsibility, and resolutely curb housing prices in some cities, effectively solve the housing problem of urban residents.

Notification requirements, and resolutely curb irrational demand for housing. Implementation of more stringent credit policies differentiated housing. To strictly limit the variety of names, and on the speculative real estate speculators. Commodity housing prices are too high, the price rose too fast, supply areas, commercial banks according to risk status, suspended the third set and over to buy housing loans; on more than 1 year can not provide proof of local taxes or social insurance payment that the non- suspension of payment of local residents to purchase home loans. Local governments may be the actual situation, to take temporary measures to limit the purchase copy number in a given period.

Le vote in private that: this policy clear to buy No. 3 suites can suspend loans, it is clear that the phenomenon of the development for the property market speculation, speculators to rampant speculation that is causing part of the city a major reason for high house prices, these people by driving up price, frequently purchased several suites, etc. in the real estate market speculation, while the other hand, most people unbearable high prices, will naturally lead to the Government.

On the other hand: After 14 set the tone for the State Council executive meeting to adopt more effective policies and measures to curb high prices, 15, announced increased second mortgage down payment, interest rate and other part of the policy, the introduction of more stringent measures, policies, said To play the role of tax policy regulation, therefore, if the existing policy is difficult to achieve the desired effect of policy regulation, then regulatory policies will also introduce new, real estate industry will face a tough future for some time the policy environment, this will also stock other form drag.

Comprehensive view of the weekend news side: with heavy blows the State Council regulation, real estate, but the lack of enforceability of the industry that the latest measures, market still expressed wait and see. Fund and other organizations have advanced significantly lighten up the real estate sector, and gradually come down to earth in the boot, the real estate sector is expected to gradually rise bottom. Suspected fraud by Goldman Sachs, Europe and the United States stock and commodity prices fell quickly. Domestic stock market has been ahead of the resource stock response, and domestic inflation is expected to gradually clear and lead to foreign markets. Index is expected at around short-term shocks in the 3100 order, the resource stocks will lead the stock to re-up.

Property stocks with heavy blows to curb high prices affect the geometry

Property stocks with heavy blows to curb high prices affect the geometry

Land Department yesterday held land supply and regulation of real estate nationwide video conference. Session, will be soaring in the prices of land in urban areas to improve the transfer system of bidding, auction and hang the pilot; parts must be clear and appropriate increase in the total supply of land; house prices rose too fast, too high the city, to strictly control the large size apartment housing construction for the land.

Little Su Yun, Vice Minister stressed that throughout the trial, we must guard against the emergence of new high ground, to prevent the land price fluctuations to the second and third line of urban expansion. Pilot cities and content determined, and the Times to the Ministry for the record. In the pilot process, according to the actual construction of different land conditions and the introduction of government regulation of the target multi-factor evaluation, explore and improve the system of land transfer bills auction and specific policies. “Leading the broader market breakthrough disc two forces Board”

In this regard, Lok private investment that rising prices have affected people’s livelihood, the negative impact on economic development can not be ignored, the central level will not be indifferent to curb high prices of the relevant statements and policies will remain between the various functional departments introduced, such as the SAC requirement of non-real estate enterprises main central exit programs within 15 days of development, housing and construction department should also introduce some practical measures. However, the property market trend is still the greatest impact of monetary and credit policies, should concern the policies and activities are making the real estate industry facing a period of time in the future policy environment is still more severe.

SAC is not required for real estate 78 central enterprises the main business news out of the real estate market. We believe that the whole real estate sector will not be immediately affected, but those 16 are classified as “regular army” of the central enterprises, or to take this opportunity to further expand market share, usher great opportunity.

View from the market trend, the official gate opening margin business, is expected to bring short-term to the market about 300 million incremental funding, brokerage stocks and the corresponding short selling the underlying stock, short-term concern. Meanwhile, the Southwest drought than expected, and agricultural drought plate plate, there may be some short-term performance opportunities. Although the index points in 3100, under pressure, there are certain necessary adjustments, but the market will have a higher degree of activity, the overall risk is not high.

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Frequency of very hot real estate policies give up bad I can get work

Bad real estate policies were abandoned I get frequent attacks can be effective

From the China Banking Regulatory Commission Chairman Liu Cheng Liu the two suites down payment less than half the amazing views, the Chinese Banking Regulatory Commission yesterday afternoon emergency rumor, said Liu statement was misunderstood. However, the China Banking Regulatory Commission also pointed out that banking financial institutions to increase risk awareness, and do not purchase loans for speculative investments, such as not to judge, should significantly improve the proportion of down payment loans and interest rates, increase the differential enforcement of credit policy. “Differentiation index futures market only to meet”

Information Services Department, said China Banking Regulatory Commission, Liu 11, the morning of the Boao Forum, Asia’s original words were: “At present, some commercial banks to assess carefully the risks of two sets or more rooms. For example, some banks in Beijing will have two sets of independent and more carefully Housing down payment ratio to 60%. “

China Banking Regulatory Commission reiterated that have been using loans to buy houses, but also apply for second (or more) family home (including the borrower, the spouse and minor children), the proportion of loans of not less than 40% down payment, interest rate risk pricing in strict accordance with .

Le vote in private that the “two sessions” after the price rise beyond many people’s surprise, the same cry of society, the central argument once again added to the media condemnation of the real estate market expected a new round of regulation. However, investors need a clear understanding that in the current external demand outlook remains unclear, while the adjustment of economic structure, still need real estate, automotive and other industries to support economic development, strategic new industries as a new pillar of growth-oriented industries to gain time. Therefore, the state’s attitude in dealing with real estate industry on the one hand and vigorously build affordable housing to meet social needs; on the other hand, will take various measures to cool house prices, to ensure stable development of real estate industry for the economic development of residual heat.

Investors in real estate stocks issues, on the one hand, with the risk appetite of investors may focus on a potential second-line property stocks; the other hand, experienced real estate stocks may boldly sell stagflation heavy volume. This is likely to be stuck deep rate greatly reduced.

Finally, this week will be released later in the first quarter and March macroeconomic data, because the data is expected to remain high, the market may have a policy regulating the management expected. Therefore, domestic and international commodity prices soared, but resources stocks rally on the city behind. Management is currently in control of the housing market sensitive, short-term real estate section will be suppressed by short-term policy support, agricultural plates, or have some gains. Overall, the recent rise among the market is still in the structural, the plate will follow the fundamentals and the policy side, showing differentiation of the situation.

Good policy can support agricultural sector into a new bright spot

Good policy can support agricultural sector into a new bright spot

Premier Wen Jiabao chaired a State Council executive meeting yesterday to study the deployment of further policy measures to support agricultural production.

The meeting decided that further policy measures to support agricultural production. First, a weak seedling winter wheat fertilization, mulching planting arid southwest and northeast of rice seedling greenhouse benefits. Second is to increase the high yield benefits. Third, continue to implement the policy of rapeseed interim purchasing and storage, purchasing and storage price from 1.85 yuan per catty raised to 1.95 yuan. Fourth, to increase farm machinery purchase subsidy funds. Fifth, the implementation of Xinjiang, Inner Mongolia, livestock forage snow disaster assistance. 6 is a plan to implement purchasing and storage of frozen pork, pork purchasing and storage to speed up the progress. Seventh, strengthen and improve the central water conservancy projects, accelerate the establishment of stable growth at all levels of government investment and protection mechanisms, to strengthen water conservancy construction. Speed up the renovation and medium-sized irrigation and pumping stations, controlling key water projects and various water-saving irrigation project. Increase efforts to support rural finance.

Le vote in private that some of this increased price of agricultural subsidies and purchasing and storage, on the one hand will increase the enthusiasm of farmers to increase income of peasants, on the other hand may also indicate the second quarter, prices of agricultural products there is inflation expectations, may lead the relevant agricultural section strength.

Taking into account the market yesterday, the majority of non-rational sell into corrections component, and a significant rebound in U.S. stocks overnight, should be able to mitigate the negative market sentiment. The domestic news of no new issuance is expected after yesterday’s full sell into corrections, short by a greater degree of emotional catharsis, finishing today’s market will be the main shock. Gold plate or in the short term the market benchmark.

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