The Fund Again Encountered "88% Curse" Intensive Issue, Resulting In "Reinforcements".

2010/11/9 11:56:00 36

The collection of hot money "pool" is not the stock market.

Zhou Xiaochuan, governor of the central bank

Recently, the "pool" metaphor for monitoring the entry of hot money has led to speculation in the market about where to build the pool.

Observers believe that "pool" is more about the liquidity management of hot money, the central bank is also likely to innovate in liquidity management tools, not alluding to the stock market as "hot water" reservoir.

fund

Again, "88% curse" intensive issue has led to "reinforcements".

Haitong Securities report shows that last week, stocks and mixed open fund positions rose from 85.43% to 88.89%, an increase of 3.46 percentage points, a record high since 2006.

From a historical point of view, when the fund's position is close to or 88%, it means that the fund has not much money to drive the market up, and the market may face downside risks. The industry calls it the "88% curse."

The fund again encountered "88% curse", most of the research institutions are optimistic about the market outlook.

They believe that in the context of economic stabilization and recovery, the subsequent incremental funding will continue to drive the market.

Shang Fulin

To support the reform and development of Shaanxi's securities industry.

Shang Fulin, chairman of the securities and Futures Commission, said in Shaanxi on 7 th that the SFC will continue to support the reform and development of Shaanxi's securities industry and better serve the local economic and social development.

Earlier, Shang Fulin said in Ningxia that the SFC will actively cultivate listed companies according to the actual needs of local economic development and improve the internal governance structure of listed companies.