China Merchants Bank and Vanke a fell 2.21% and 3.27% respectively

Source: Internet
Author: User
Today's investment in Monday A-share market opened lower, early 300 closed to 2765.75 points in Shanghai, down 1.09%. The three major stock indexes in New York fell in Friday as energy and financial stocks tumbled, offsetting the effects of positive economic data.  The Dow Jones Industrial average and the Nasdaq Composite Index fell 0.75% and 0.54% respectively. Zhou Xiaochuan, the governor of the People's Bank of China, said that a moderately loose monetary policy would continue, and that the specific operational strength needed to take a step forward and fine-tune the situation according to actual needs.  He said that a large amount of money and credit in the first quarter will not cause inflation, but the liquidity released by the national monetary authorities in the international financial crisis could lead to bubbles. Suspension of more than 1 years of the Yangtze River Power (600900) resumption of the licence, the opening of a slightly lower, rose 4.81%. In Saturday, the company issued a notice, to undertake debt, to the Three Gorges Corporation non-public issue shares and payment of cash, the acquisition of the holding shareholder of the Three Gorges Corporation held the target assets. The initial valuation value of the target assets of this transaction is about 107.5 billion yuan. Guotai said, do not consider the 2011 acquisition of underground power plants, 2009, 2010, 2011 Earnings per share of 0.6, 0.75, 0.77 yuan, the current 2010, 2011 dynamic P/E ratio is 19.5, 19 times times, PB about 2.7 times times. Although the short-term growth of doubt but long-term no risk (the company has a successful, efficient foreign investment history, can partly solve the 2010 growth problem).  Increase the rating to "overweight", after the target price of 16-17 yuan. The Yangtze River power of the rise failed to drive the market blue-chip rose. PetroChina (601857) and Sinopec (600028) fell 2.81% and 2.08% respectively. Aviation sector continued to differentiate, Air China (601111) fell 1.37%, and Southern Airlines (600029) Rose 2.04%. Citic Securities (600030) and Baosteel (600019) each fell 2.57% and 0.32% per cent.  Bank real estate hand down, China Merchants Bank (600036) and Vanke A (000002) fell 2.21% and 3.27% respectively. Chinese longevity (601628) fell 1.13%. In April, the year-on-year decline in corporate premiums was further expanded, and the trend of slowing or even negative growth in premium income may continue in recent months. The "balancing strategy" is still moving forward, and business structure improvements are expected to drive new business values to grow faster.  CICC points to maintaining a "prudent recommendation" rating for the Chinese longevity and H shares, based on the improved business structure, the level of spreads that are expected to rebound and the new business value expected to achieve faster growth. Wine Plate, the recent continued weakness in the market in Guizhou Maotai (600519) rose 1.58%. automobile, electric power, home appliances and glass and other plate relatively leading, medical equipment, financial real estate, pharmaceuticals and highways and other backward cities.

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