The H-Share index accumulated last week up to 6.51% future variables or increased

H-shares saw a sharp rise in H-shares last week, with the H-share index accumulating 6.51% per cent a week to 10428.19, the highest since September last year.　　From the main stock, the strong performance of Chinese financial stocks has been an important positive factor in propping up the H-share index; But while the strong gains from the Chinese financial stocks are encouraging, there is no obvious support, thanks to the market-driven rally, which may be a variable for the overall market trend in the years to come. In addition to Chinese-funded financial stocks, real estate stocks and shipping stocks have become two hot spots in the market. Property shares in the capital accumulated a cumulative increase of 24.96% to HK $17.52, shipping shares in China Ocean accumulation rose 24.12% to 10.60 Hong Kong dollars, other property and shipping shares also have a decent performance. In terms of real estate stocks, the State Council lowered the capital ratio of fixed assets investment projects, including the minimum capital ratio of investment in ordinary commodity housing projects from 35% to 20%, the first reduction since the establishment of a capital ratio system for real estate projects in 96. and the reduction of capital ratio means that the developer's financing threshold is reduced, which will play a very positive role in promoting investment and enhancing enterprise confidence.　　Shipping stocks, buoyed by the rebound in consumer confidence in the US in May and the demand for Chinese goods, surged to its highest level in eight months, the main driver of a sustained sharp rebound in shipping stocks. Sinopec fell by 1.27% to HK $6.22. The National Development and Reform Commission officials on the "Dragon Boat Festival during the oil price will not rise" comments to their share price hit. Sinopec is the largest oil refiners and oil prices of the largest beneficiaries, according to the NDRC announced the oil pricing mechanism, the recent domestic product pricing should be tracked international crude oil prices to make a passive adjustment.　　The decision by the NDRC to keep oil prices unchanged suggests that domestic oil pricing is still under control, meaning refiners may not be able to fully benefit from the new pricing mechanism for refined oil. Northeastern Electric surged 71.96% to HK $1.84, the top price hit HK $2.40, a 1.24 times-fold rise from the end of last week's closing price, and the surge in stock prices was largely influenced by rumours that Warren Buffett might be a shareholder. The company is negotiating a sale with Mr. Buffett, according to mainland media reports.　　However, the company later denied that, from the financial perspective, the company's recent two consecutive losses, the corresponding a-share has faced a crisis in the market, in this case, Buffett's stake and long-term investment is unlikely. The H-share market is likely to face adjustment for some time after a rally led by a combination of factors such as a rebound in valuations over the past few months and a liquidity push.　　From the external environment, although the negative economic data in Europe and the United States has gradually decreased, but the world economy has not confirmed the recovery, the continued rebound in the stock market has been overdrawn economic improvement, in which case, a round of adjustment will be difficult to avoid. But the H-share market may also be in a dilemma.The bottoming out of the mainland economy is not unrelated to the massive new investment in the mainland stimulus package, but the sustainability of investment-driven economies remains to be considered in the face of inadequate demand. From the data, in this round of the domestic economy in the downward cycle, investment and consumption performance has been relatively sound, the sharp decline is only import and export data.　　If the sharp drop in import and export data is the main reason for the rapid decline in GDP, which would mean that China's economy and the world economy are already substantially integrated, I am afraid that the real recovery of China's economy will be a while. Last week's high rise in the H-Share stock ticker name closing rate (%) 00042 Northeast Electric 1. 84 71. 96 01202 Putian Cable shares 1. 71 55. 45 08243 da He media 0. 25 38. 89 08286 Great Wall shimmer 0. 40 33. 33 08227 Sea-day antenna 0. 22 25. 71 02777 Real Estate 17. 52 24. 96 01919 China Ocean 10. 60 24. 12 08249 Yi Dong Electronics 0. 11 22. 58 08045 NTU 0. 28 21. 68 00739 Zhejiang Glass 2. 24 20. 43 last week's high decline in H-Shares stock code stock abbreviation close weekly decline rate (%) 08273 zhejiang Outlook 0. 79-14. 13 08231 Fudan Zhangjiang 0. 56-11. 11 08251 Shanghai Dong Hua 0. 61-10. 29 08205 Jiaotong University Withub 0. 28-8. 33 08331 Zhejiang World Treasure 0. 96-7. 69 08199 Granville shares 18. 58-6. 63 02698 Wei Qiao textile 4. 31-6. 51 00839 days Large oil tubing 2. 71-5. 24 82,873 Bao Technology 4. 26-4. 05 08157 First All information 0. 29-3. 39