Grail broken bits fell medium-term trends reverse

This week, three trading market weakness all show, just a three day's rise has previously, even if a complete disruption, Shanghai synthesis index offerings bank stocks fell 29 points might still embrace. Macroeconomic policy tightening MBT Nama cumulative effect, sustained small dish stock valuations "fix" the elusive and peripheral situation caused a-share market together recently adjustment. Technology, this belongs to the typical broken bits falling, it also announced the upward trend since January has been reversed, at present the market are waging metaphase is adjusted market. This results in the second quarter with our previous broadly in line with the judgment, just a bit more later.
Bad practices by quantitative change to
To adjust the causes, intense, even if the current controversy, many baristas point has 2,900 disagreement over both sides still empty. But the reality is, the market share and the materiality benefit lack of pull, on the MBT Kipimo contrary, bad factors still is gradually accumulation, and began to happen qualitative change.
First, macro policy accumulation effect appears gradually. Since last year's fourth quarter since the tightening monetary policy, tightening monetary policy, the market funds continue to influence of the obvious. Although many people naively in market regulation, there will be many after housing stock funds to their necks. But from the market in the past three months, we always see observe signs of incremental capital actively entry. Especially in April, after raising interest rates again mention must increasingly clear the situation tense financing area.
Secondly, the future policy expected are began to change. In the first quarter rose, mbt sandals sale very important reason is that expected a macro-control might turn to. But from the actual situation look, the anticipated and no basis. Economic data show that in the first quarter of tightening policy didn't cause the entity economy, and the apparent first quarter inflation remained high, plus the expected future input type, and therefore are still serious inflation tightening policy execution will still be more firmly. Especially when we see some areas in the peak has not yet arrived, had appeared power supply tensions in the market is more worried about that. If macro regulation strictly stick to it, the future economic slowdown and performance of listed companies downturn will be reasonable results.
Once again is the result of market valuations repair. The rise in the prices in the quarter, valuations repair is generally considered as the share prices of power, but most of the cycle of performance is also proved the stock valuations repair results. But, there is always a coin, valuations repair is not simple valuation levels rise, consumer stocks in the quarter also experienced valuations repair, only in its stock price always run down. More importantly, a lot of pannikin high diving, is actually in the way down, and the small dish stock valuations repair of disappointing performance and accelerated the process. So far, valuations repair actual are still in progress. High valuations, MBT Fumba. higher-priced stocks fell for market blow of obvious, and also in some extent suppresses low valuations varieties of room to rise. Besides the breeds for some period, originally called valuations repair differences do exist.