New stock Break A-share market at the bottom of the signal gradually strong

Reporter Zu Yijun after a long period of shock operation, a-share market in the near future began to release the bottom signal frequently, and the institutional attitude towards the market is also generally cautious optimism.　　All kinds of signs make investors look forward to, a shares of the bottom or has come, the market dawn is ahead. From the historical experience, the emergence of large areas of new shares break, is the market is extremely not optimistic about the embodiment of the market is often the formation of the bottom of the signal. New shares have broken mmmm on a massive scale since the start of the year. Following the January 7 listing of the first day of the New Year's IPO break curtain, 10th listed in the United States, 13th listed Sinovel, show strong shares have joined the ranks of the new shares, 18th listed 5 new shares are collectively broken, as of January 18, 2011, a total of 21 newly listed stocks, of which 13 break　　, break rate of up to 62%, in a A-share history is quite rare. At the same time, a, H-share premium index has long been used as one of the important measures to judge A shares valuation, when the index is low, it is often also a a-share rebound.　　Since the end of December last year, the A and H premium indices have fallen for four consecutive weeks, with the January 17 A and H-shares premium index falling more than three months from the beginning of last October to a record low after a fall of 4th. On the policy side, whether it is the formal introduction of real estate tax, or the increase in the reserve requirement ratio, these seemingly should be "to power" policy on the impact of the A-share market is now a "drizzle", the Shanghai Composite Index has remained at the current level of fluctuations in the position.　　The stock market is "numb" to the big bad news, and one of the signs of the market entering the bottom. According to statistics, the December 2010 A-share average P/e ratio is 28.79 times times. According to historical data, the 20 times-fold P/E ratio generally becomes the confirmation signal that the bottom of the market is coming.　　A shares of the current valuation has been in the history of the lower region, at the same time, the market 2 yuan shares in the lake, the capacity of the hundred units shrink, can also be seen as the market near the bottom of the signal. At present, the institutions of the market to the real reversal when the arrival still disagree, but for a share of the state there is still a consensus.　　Most agencies believe the current stock-a-share slump is unlikely. Everbright Securities said that, although the short-term negative factors, but the market sentiment has been more pessimistic, the main index of the market decline of more than 15%, last week listed 5 new shares in the first day of all break, food and beverage, commercial retail and other consumer industries experienced a fall, many stocks have highlighted the value of investment. Based on the logic above, the view that there is no need for panic, the decline in space is limited, suggest investors to optimize the layout center buy.