HSBC PMIA value of 48 per cent from falling 3%

Markets were volatile this week falling trend, Shanghai composite index, CSI 300 respectively dropped by and 1.5%. Trading volume and gradually declining, close to the lowest level this year, show investors more cautious frame of mind. Industries, food and beverage, catering better performers such as travel, information services and agriculture, and cyclical industries such as mining, steel and cars as a wholeThis was. Effect of a year of tightening monetary policy in emerging, nearly two-month CPI monthly gains are weaker than the historical average. Although future inflationary pressures still exist, but with the high inflation of the past and the recent fall in prices, focus of market attention has shifting when inflation peaked when the economy hit bottom. The latest release of the early November, HSBC PMIA value of 48 per cent from falling 3%, displays the trend of economic growth fairly clear, and may persist for an extended period of time. ����Main capital stocks (eleven-twenty fifths) unit fled to cut meat must regret having sudden boom is not likely in a move investors Gospel: hold stocks saved! Early macroeconomic austerity policy structure"Fine-tuning" signs of some positive changes in the market expectations for the policy. However star wars the old republic power leveling, in the critical period of inflation under control and regulation of real estate, needs a stable monetary policy to consolidate the early effect, short-term policy substantive proof that appears unlikely. Therefore, based on expected policies since the end of October to fine-tune rally basically wound caused by recent market will continueWeak trend continued turbulence.����But as valuations already reflected pessimism, also limited room for adjustment. Prior to the substantive proof of policy, cyclical industry lacks upward impetus and flexibility, market opportunity is mainly stable earnings growth and reasonable valuations in consumer industries and policy steering clear of a growing company represented by new industries.