Zhongyuan Securities: Market Development still needs policy support

Zhongyuan Securities coupling Beams "content summary": Last week A-share market in the impact of macro-data, the gem and the main board IPO may resume the rumors of the impact of the domestic diagnosis of the first swine flu patients, so that investors confidence has been a certain blow,　　But these concerns were quickly defused by the firm policy support of management. As of last Friday, the Shanghai Composite Index closed at 2645.26 points, rising 0.75% per cent throughout the week, with the close of exponentially closing at 10273.23 points and a 0.89% per cent rally throughout the week.　　Last week the two cities daily average of 204.9 billion yuan, compared to the previous week's level of 242.3 billion yuan atrophy comprised;　　At present, the market parties are most concerned about the launch of the Gem and the main board of the IPO may bring the expansion of the market pressure, we still believe that management to control the overall ability, as long as the policy side of the support strength, the current round of the market should be able to continue. With last week's April macro-data release, a-share market has largely shaken off the macro-data concerns, the recent stock index shocks to rise in the pattern will not be a big change. Small stock after nearly six months of speculation, there is a certain callback pressure, relatively, the market is relatively stable, the valuation level is relatively reasonable, future investment style or will change, investors need to have the necessary psychological preparation.