Whether The Shenzhen Stock Market Has Ended The Adjustment Remains To Be Seen.

Due to the obvious reduction in volume, it remains to be seen whether the Shenzhen stock market has ended the adjustment.

From the present to the end of the year, it is the time when the main force is highly controlled.

You can rest assured that you can find opportunities for small and medium-sized stocks.

Big stocks, and too strong tough stocks, do not touch: the former is bound to stagnate, the latter is not good is landmines, overnight will happen, similar to Xu Xiang concept stocks.

The most striking news photos today are scenes of four people talking with each other with Obama and Putin.

According to reports, Turkey Antalya time November 15th, the G20 summit was held. U.S. President Obama and Russian President Putin exchanged two occasions on two occasions of group photo and working lunch, one of which was two "hot chat" for 35 minutes.

The inspection department has focused on the public offering institutions, including public funds and individual securities companies.

People familiar with the matter told the first financial disclosure: "it is expected that this month will be formally announced on several public fund investigation, wide range of inspection is expected to net before the year."

The stock market disaster and the rescue of the stock market triggered a campaign of hostage taking. The two vice chairman of the securities and Futures Commission has been sacked.

As a "casino without rules" (Wu Jinglian's famous saying), China's securities market has existed for more than 20 years, like a lotus pond that has not been cleaned for many years.

As for how many snake eels there are, how many leeches, and how black and smelly the sludge is, only heaven knows! If you do not manage, bring into the era of IPO registration system, it will cause more trouble.

Shanghai Stock Exchange Fund is still a net outflow state, but the outflow is narrowed significantly compared with the previous trading days. As of the closing of A shares, Shanghai stock shares have a surplus of 13 billion 9 million daily, and the outflow of funds is 9 million yuan.

According to the HKEx data, since October 16th, Shanghai stock exchange funds have been in a net outflow state. As of today, in the 20 consecutive trading days (October 20th and 21, Shanghai Stock Exchange has been suspended for two days due to the Double Ninth Festival), the net outflow of Shanghai stock has reached 24 billion 569 million yuan.

This is the longest net outflow cycle since the opening of Shanghai and Hong Kong in November 17, 2014.

As we all know, since Putin took part in Ukraine affairs in March 2014 and took Crimea, Russia and NATO entered the "quasi cold war state". The United States and Europe launched successive rounds of economic sanctions.

International commodity prices have fallen into a fall due to the economic cycle. Russia is highly dependent on oil, natural gas and mineral resources, and the economy is facing enormous pressure.

Since March last year, the ruble has been severely depreciated and capital fled.

Before I pointed out in the column,

It's hard to survive 2015 because the economic pressure is too great.

But IS is not as good as human beings. The rise of the extremist group in Syria and the Iraqi border, as well as the recent terrorist attacks in Paris (and yet to be confirmed against Russian Civil Aviation), have changed the basic pattern of international politics.

First, in Syria, the United States and Europe supported the opposition and Russia supported the current government.

Now, the more extreme IS organization has become the common enemy of human society.

But the United States has been rather weak on this issue, resulting in a large influx of refugees from Syria to Europe.

Before the Paris incident, Putin decided to send troops to Syria to crack down on the IS organization. This is very welcome in Europe, and the United States can only acquiesce in it.

After the Paris incident, the situation has escalated.

At this time, the United States and Europe need to join forces with Russia to take a global counterattack against IS.

To be sure, it is this background that brought Obama and Putin together again.

Many of their secret talks at the G20 conference must be related to the next step against the IS organization, and the photos are clearly showing the meaning of appeasing the hearts of the people in Europe and the Middle East.

The new round of war on terror is about to start.

And at this critical moment,

The inclusion of SDR is about to be adopted. This shows the recognition of the mainstream international community in China's development strategy and the expectation of China's international role to play.

Looking back on the course of reform and opening up, we can find that China's national destiny is very good.

The central parity of RMB against the US dollar was 6.3750 today, a record low since September 25th, down 95 basis points from the previous day, the tenth consecutive trading day, the longest consecutive record drop since August 12, 2008.

The middle price, to some extent, is the official guidance price, which is determined every morning before the opening of the China foreign exchange trading center, allowing the market to fluctuate within the range of up to 2%.

For 10 consecutive days, the middle price may be related to the central bank's fight against the hot money, which does not mean that the renminbi will have a new "derogatory".

This will not happen until at least November 30th.

But before the dollar raises its interest rate for the first time, the RMB exchange rate will probably depreciate from 3% to 5%.

After all, the renminbi and the US dollar are going in the opposite direction, one is raising interest rates and the other is cutting interest rates.