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    Securities Times 10 Main Financial Media News Summary

    2011/1/10 9:17:00 68

    Securities Times Financial Media News


      

    strategic

    Emerging industries

    Short term investment is not optimistic.


    At the Forum on "2011 China capital annual report" held yesterday, experts from Minsheng securities, China Merchants Fund and Harvest Fund have made extensive discussions on the 2011 economic pformation and A share investment strategy.

    They believe that this year's investment opportunities for strategic emerging industries are not optimistic in the short term, but they are not pessimistic in the long run.

    In addition, there may be a big shift in the size of stocks this year, but small cap stocks still have some investment opportunities.


      

    Jiao Jinpu, director of the Graduate School of the central bank: credit will remain at a reasonable level this year.


    Jiao Jinpu, director of the Postgraduate Department of the people's Bank of China, recently attended the fifteenth China capital market forum. He said that this year's credit growth will remain at a reasonable level, based on the internal model.

    CPI

    (consumer price index) may be around 4.5%.


    Jiao Jinpu believes that understanding three principles of prudent monetary policy is very important.

    The first is to control the total amount of money and credit.

    The current stock of money is quite large. It is estimated that by the end of 2010, the M2 (broad money supply) may exceed 72 trillion yuan, an increase of about 80% over 3 years ago.

    The main task of this year is to return the normal supply of money and credit.


      

    US employment is hard to change

    Local finance

    In trouble again


    Recently, most of the economic data released by the United States have performed well, but the non farm employment data released last Friday have again poured cold water on the US economic recovery.

    As the pace of economic growth is not enough to significantly reduce the unemployment rate, analysts expect that the US Federal Reserve will buy more treasury bonds in the second half of this year, and the US fiscal position is likely to accelerate.


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