Unicom's full circulation trend is subject to market concern

A shares fell early yesterday after falling stock markets and investors ' expectation that the central bank would fine-tune credit policy.　　However, in the fund heavy stocks of blue chips, led by the Shen Chengzhi to regain the rally, the eventual rise of 0.4% to 10314.04 points, and then create a rebound in the new highs. Long cardioversion brand Rally weight stocks yesterday, the suspension of more than a year of the restructuring of the Yangtze River Power Complex licensing, 7 minutes after the opening touches trading board. Stock prices rose rapidly as a result of a large number of institutions, ending at a close of 14.94 yuan, up 4.11%. 7.947 billion yuan a day, a record since the listing.　　According to the Panorama data statistics, long electric encounter 1.034 billion yuan net outflow of funds, showing large funds to lighten.　　Data show that the Yangtze River Power began to suspend trading last May 18, in order to calculate the price before and after the suspension, the Yangtze River power to win Sheng 40%, the organization is willing to strong. However, the rise of the long electricity yesterday, the market to its recovery after the fall of the expectations failed. Haitong Securities to its rating from "cautious overweight" to increase to "overweight", the target price also increased to 16.5 yuan.　　In this regard, Guangzhou Wanlong analyst Ling Coven, the Yangtze River power from the huge deal, the Organization for its future performance is quite optimistic. From the plate to see, the funds of the municipal fund heavy warehouse yesterday continued to uplink. The overall rise in coal, car manufacturing and electricity was 6.2%, 2.62% and 1.87%, respectively.　　This led to the Sheng from a fall of more than 2% per cent to close up 0.28%, the full day amplitude of 2.54%.　　Unicom can continue to lead the rise in the Yangtze River power exceeding expectations, China Unicom today 10.754 billion shares of restricted shares in circulation, because this part of the lifting of the ban is mainly shareholders Unicom Group Holdings, the market generally agreed that the market pressure is limited.　　"Unicom restricted stocks to the company's two-tier market pressure is not very strong, negative impact of school," Chase Securities Research and Development Center analyst Cheng, Unicom operating conditions are improving, the restructuring of the impact of weakening, operating data is out of the trough, at this time to reduce the shares of listed companies can not get the maximum Cheng estimated that China Unicom 2009 and 2010 earnings per share of 0.22 yuan and 0.30 yuan respectively.　　In the second quarter of the market style changes (to the large blue-chip) and event-driven (formal introduction of WCDMA business) will be the rising catalyst. Yesterday, China Unicom to 6.69 yuan to collect, only rose 1 cents. Unicom will take the long power led by the baton, leading the weight of stocks continue to rise, become the focus of the market. Cod Investment believes that for short-term market trends, unicom full circulation is a major factor to be concerned.　　Investors can focus on the purchase of Unicom in the pan, do not exclude bright spots at any time. Organizations sing more blue chips from the recent cities of the lead plate, coal stocks because of its 19.92 times times the dynamic price-earnings ratio has been favored by institutions. The financial sector, with a dynamic 13.59 times-fold price-to-earnings ratio, has also become the focus of institutional expansion. At present, the fund heavy warehouse variety of dynamic P/E is only 21.5 times times, which became the marketThe biggest reason for continuing to do so.　　The Galaxy Securities analyst Zhang Yi, who puts forward "blue-chip opera", believes that investors should continue to be wary of the risk of the small and medium stocks, which are more than 40 times times the valuation level, and shift the focus of investment to a lower-priced blue-chip market with performance support and a strong risk-resilience. From the plate, the recent market is often want to adjust also rose, the field and the bottom of the funds to actively, adjust the cycle is getting shorter. Yuan Securities analyst Kang Hongtao believes that the bull's resolute attitude to wait for the adjustment of the empty side to be hit again and again.　　Under the protection of the Super blue chips, this week is expected to hit 2,700 points. "The fastest-rising phase of the A-share market has passed. Zhangfan, an analyst with the Yangtze River Securities, said that the future is to adjust or shocks upward, I believe will be structural. However, the possibility of a recent shock upward is greater.