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Market review: April 13, 2016

Fang submitted 2016-04-13 15:31:05

Market review:

China stocks rose on improved econ data with SHA rallied about 1.4%.Both FDI and Export beat the expectation offered investors good reason to bet on better GDP data on Friday.

Research Notes:

Money flowed into Metal Mining, Chemical Textile and Coal Mining sectors the most. Xinyu Iron and Steel Company(600782.sh) rallied to limit-up for bull-trend in the steel market.

Given the sentiment‘s obviously biased to the bull side for the week, we encouraged investors to hold their positions for a longer time, maybe when SHA hits 3200 at the end of April, and focus on consumer staples and Technologies sectors, which could be the lead of the rally after the Mining sector, which could bring uncomfortable volatility.

mkt closed, taoday total filled CSI300 April 10x,SSE50 April 16x, the position now :CSI300 April short 11x;SSE50 April short 25x. RTD("wdf.rtq", ,"IH1604.CFE", "Rt_Price","RT_Price") RTD("wdf.rtq", ,"IH1604.CFE", "SettlePrice","RT_Price")

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