12 new shares released this week to test the environment

Zhou Xiaoyun this week, the IPO market of new shares increased to 12, will again set off the IPO market climax. The tight issuance of new shares, the increase in reserve requirements, property control policies to squeeze the property market funds ...　　Recently, a lot of factors affect the market capital face, a a-share market this round can continue for how long? This week (February 21 to 25th) A-share IPO market will increase the issuance of new shares to 12, covering the motherboard, SME board and Gem.　　Wanguo Securities analyst Lin Jin said that, in view of the current IPO premium range, and the recent IPO funds flow back to the situation, is expected to participate in the round of 12 new shares of the funds will reach the beginning of the year level. In Friday, the central bank again announced a 0.5% per cent reserve requirement for deposit-type financial institutions, the second time this year that the central bank has raised reserve requirements.　　Some analysts have roughly estimated that the central bank could freeze the liquidity of the banking system by about 350 billion yuan a time after the hike. Zhang Hongbo, chief strategy analyst at Wells Fargo, told the first financial daily that there could be some financial pressure on the market ahead of this week's four-day payment.　　Overall, however, the increase in reserve requirements at the current point of view is expected to have a relatively weak impact on the capital side of the stock market. Zhang Hongbo that after the holiday, the interbank market liquidity has improved markedly, the 7-day repo rate has fallen from more than 8% during the spring Festival period to less than 3%.　　In recent years, the number of tickets is also relatively large, February and March due to the central votes of 352 billion yuan and 668 billion yuan respectively, the whole market funds have been biased in favour of the recent. On the impact of the tightening, Chen Zhihua, the Changjiang Securities analyst, also said that January credit was not up to the market's forecast of $1.2 trillion and was below the historical average, and from that point of view, the pace of credit was manageable and the tightening policy of tighter liquidity in the future was expected to weaken.　　With the increase in the number of tickets and the expected rise in appreciation, the financial tension between banks temporarily eased, money market rates return to normal. There are also some market people believe that the real estate control policy on the property market squeeze, so that the funds moved to a-share market, thus pushing up a a-share this round. Zhongyuan Securities analyst coupling beams that, with the deepening of the real estate control policy, in the current securities market has a certain profit effect, may attract some real estate funds into the stock market.　　Low-priced blue chips with higher safety margins are expected to be the focus of these funds. But some analysts are more cautious that in the current tight environment, the market does not have a large scale of the financial environment. Japan Securities analysts believe that at present, the central system of inflation rate in China has been raised, and may remain high for a long time. Correspondingly, the tight pattern of monetary policy is difficult to reverse quickly. In view of the exceptionally sensitive adjustment of the interest rate to the deposit rate, the market does not have the financial environment which has a large scale. In the medium term, the adverse impact of the tightening policy on market valuations and the performance of listed companies will requirePay close attention.　　Coupling beams also believes that in the current macro-environment, blue chip trend of the timing is not ripe, the future index is expected to suffer 2,950 points of pressure test. "First Financial daily" annual subscription price of 360 yuan