News Digest Of China Securities Journal Financial Media

Interest rate sensitive windows around the weekend

　　 National Bureau of Statistics On the 13 day, CPI and other economic data will be released in November. Many market participants expect to see a high CPI in November. In addition, when the central economic work conference is about to convene, the specific connotation of monetary policy turning to "prudent" will be clearer. Reference to the central bank's previous practice of raising interest rates before the CPI announcement, there will be a policy sensitive window around the weekend.

Next year A share layout We should first "consume" and then "cycle".

A number of brokerages recently released the investment strategy report next year. It is expected that the A shares will be suppressed first and the core fluctuation interval of Shanghai Composite Index will be 2600 points -4100. In terms of investment strategy, next year, we should follow the idea of first defense, post attack, and "consumption" before "cycle". The future industrial upgrading, the development of new industries, and the strategic adjustment of economic structure are expected to push the macro-economy into a new round of development cycle.

　　 Donald Tsang There is no basis for speculation about hot money rush to Hong Kong.

In response to recent remarks, a large number of hot money is hoarding in Hongkong, and may be repatried through cross-border RMB trade settlement. The chief executive of the Hongkong Special Administrative Region, Donald Tsang, said on 6 that there was no factual basis for this statement. Donald Tsang said that the capital flowing into Hongkong mainly involves stock raising activities. It is also a normal official way for mainland listed companies to repatriate their funds back to the mainland for business purposes. It is clear that when the amount of money is transferred back to the mainland, it is clear that it will not affect the mainland's capital market at all.