Market review: May 27, 2016

Fang • submitted 2016-05-27 15:31:05

Market review:

China stocks continued the stagnation on improved industry profit growth data. Investors had seen some sign of profit recovery, at least for private and listed companies.

Research Notes:

Money flowed into Electronics, Chain Store and Banking sectors the most.Suzhou Jin Fu New Materials (300128.sz) ,a photovoltaic thin film device producers, rallied to limit-up, for its fast growing OLED business.

As CNYUSD stabilized and commodities, such as rebar and coal, showed some strengthen to rebound, we might see some turn-around of sentiment into June, if China PMI data the next week also show some betterment. Many programming traders also felt some relief that CSRC delayed the implantation of more strict regulation on algo trading and it could be the start of that CSRC trying to placate investors. Though we can’t see much improvement in the macro data, it seems also difficult for SHA to get much worse at current value, which lead to dry up of volatility. It’s a time to test patience or investors should switch to some other assets with better short term return perspective.

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 R-Code@June 06, 2016 Quant Investment in China A-share market Soros, Druckenmiller among hedgies profiting in market plunge MSCI Rebuffs Chinese Equities for Third Time in Blow to Xi Market review: June 17, 2016

Links

Contact Me: sherry_ustc@163.com