Market review: May 20, 2016

Fang • submitted 2016-05-20 15:31:05

Market review:

China stocks mostly stayed stable and national team powered up defense sector at 11:28 a.m. , Investors are reluctant to sell more around 2800 threshold yet no macro event to boost their risk appetite also in the short term.

Research Notes:

Money flowed into Develop Zone, Ship Building and Electronics sectors the most. Hangzhou Silan Microeletronics (600460.sz) rallied to limit-up as investors gained more confidence in its OLED IC development.

As money return to many commodity futures after the FOMC minutes, coal and iron ore futures showed strong rebound in prices. There’s also back-flow into nonferrous metal and steel sectors in the last 2 days, which in our opinion could be short-lived, as investors may have to worry about another Fed meeting in several weeks. But the recent dip of SHA, probably into June, itself could provide a good opportunity to load some shares from rare earth, lithium and new energy automobile sectors, which as we believed have a much brighter perspective than other cyclical industries.

Comment: Today(May 20th, 520) is a festival of love in China, the day on which you can declare yourself to the one you love. Wish all the lovers have a romantic day today!

（∩_∩）′

Disclaimer: The information on this website is for general informational purposes only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security, currency, investment, service or to attract any funds or deposits. Save to the extent provided otherwise in the Terms and Conditions for Accounts and Services or other applicable terms and conditions, information in this website has been prepared without taking account of the objectives, financial situation or needs of any particular investor. Therefore, investment products mentioned in this website may not be suitable for all investors. Any person considering an investment should seek independent advice on the suitability or otherwise of a particular investment. Before making any investment, each investor must obtain the investment offering materials, which include a description of the risks, fees and expenses and the performance history, if any, which may be considered in connection with making an investment decision. Each investor should carefully consider the risks associated with the investment and make a determination based upon the investor’s own particular circumstances, that the investment is consistent with the investor’s investment objectives.

Currently no Comments.

author: Fang

Hot Topics

The 13rd China International Future Forum Financial institutions deep explore commodity market opportunities, commodity index financial products show full-scale trend The Shanghai Derivatives Energy Forum has received extensive attention from relevant industries both within and outside the borders. New indicator to analyze the arbitrage opportunities between sse50 and csi500 The Great China Bubble: Anniversary Lessons and Outlook Market review: January 11, 2017 R-Code for analysis: getKDJ Sleepless in London--Enda Homan(Allied Irish Banks Plc) The arbitraging strategy between CSI300 and SSE50 The hedge strategy between SSE50 and A50--Jan 13,2017 MSCI Rebuffs Chinese Equities for Third Time in Blow to Xi R-Code@June 06, 2016 Quant Investment in China A-share market Soros, Druckenmiller among hedgies profiting in market plunge Market review: June 17, 2016

Links

Contact Me: sherry_ustc@163.com