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Market review: April 07, 2016

Fang submitted 2016-04-07 15:31:05

Market review:

Mood of profit taking turn strong as index hit a record rebound high price.

Research Notes:

Money outflowed from Airplane, Power Generation and Agriculture sectors the most. Jiangsu Safety Wire Rope(603028.sh) rose to limit-up for the debt-share conversion plan boosts its sales potential for the plan support construction firms.

As selling pressure ‘s significant around SHA 3050 as we observed, we suggest to add position only when SHA dip under 3000 and focus on those high tech sectors that can benefit from consumer spending.

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