Rising interest rates is a powerful engine for stock
----- keep interest rates increase, market interest rates continue to rise Wei Yahua
the stock market is bad news? Interest rate on the stock market really is an absolute bad? We Or let the facts speak. Let us first look at interest rates over the years the extent of impact on the stock market:
first rate hike:
1993 年 5 15, the People's Bank of China decided to raise the RMB deposit and lending rates, the grade deposits an average of 2.18 percentage points per annum,UGGs, the average lending rate increased 0.82 percentage points. The interest rate increase announced the same day, first day of trading stock index fell 27.43 points.
second interest rate:
July 11, 1993, the central bank to raise interest rates again, one-year deposit rate by 93 May 15 upwards to 10.98% 9.18% interest rate increase of 19.61%. The first trading day down 23.05 points.
interest rates twice in 1993, the Shanghai Composite Index in the next 3 months time, quickly dropped from 1392 points to 777 points, down to 44.2%. this stage, China has indeed undergone a very serious inflation. the stock market to or is a normal reaction.
third rate hike:
2004 10 29, one-year deposit and lending rates were raised 0.27%. is in the way of the Shanghai Composite Index tumbled down 1.58% to close at the day 1320 points, then after a couple of days despite a wave of consolidation after a slight rebound, but in the end unable to escape the downward trend, Shanghai Composite Index on June 6, 2005 below the thousand points, hitting a multi-year low of 998 points.
However, this period of China's stock market plunge, transferred from the cow bears, can not be attributed to increases in bank interest rates, this period of China's stock market turn from the cattle bear, is caused.
fourth rate hike:
2006 4 28, financial institutions, lending rates by 0.27 percentage points, from the current 5.58% to 5.85%.
28 days, stock index lower On 14 points, the highest 1445, closing 1440, up 23 points, jumped 1.66%. then still maintain the upward trend, and in May launched a wave of market history, a rare short squeeze, to July 5, 2006 the highest touch points to 1757.
the fifth rate hike:
2006 8 18,UGG bailey button, the central bank raised the benchmark deposit and lending interest rates 0.27%.
8 21, Monday, the Shanghai Composite Index opened lower 33 points, opened 1565 points to close 1601 points,UGG boots cheap, up 36 points, or 0.20%.
Since then, the Shanghai index continues to rise, to December 30, 2006 closing at 2675 points. But more than four months, a large stock up more than 1,000 points. rose more than 60%!
sixth interest rate:
2007 3 18, the People's Bank of China decided to raise interest rates to use tool for the fast growth of China's economic slowdown. to China's economy growth in 2007, from 10.7% down to about 8%.
2007 3 19, this day, the Bank of China shares brave performance in the Chinese stock market, the collective sector of China's financial stocks rose nearly 9 %, almost across the board limit, a day of strikes, knife even as the broader market recovered Highland 3000,bailey UGG boots, the red flag of the first hero of the westerly volume collapse. That day, the Chinese stock market boom, from 2864 points on the red tape, and even off the next two integers , to close at 3014 points, or up to 2.87%.
seventh rate hike:
2007 12 21, People's Bank of China decided to raise benchmark deposit and lending interest rates. the day the stock market rose 1.15%, the Chinese stock market boarded the 5108 high point.
2007, the People's Bank of China continue to raise interest rates six times a year increase of RMB deposit and lending rates, the achievements of China's big stock market bull market in 2007, China's stock market rose to 5261 points from 2728 points. close to one hundred percent increase.
kept interest rates increase, the stock market continue to rise.
15 storm surge off the Shanghai local shares of stock
I see is a circle of circles A shares, while the B shares is a unique circle of actual combat. I limit the circle of shares every day.
you come here to discuss the B Shares B Shares Chashe new site B Corps regiment
No comments:
Post a Comment