The overall market has been boosted, and Shanghai Jiao continues to rise
Market Review
on Thursday, Shanghai Jiao continues to rise, sweeping away the early downturn. The news of the EU summit came sporadically, and the euro zone reached an agreement to solve the debt crisis. The overall market has been boosted. The State Council will pilot the value-added tax reform in Shanghai next year, which will be good for the market. There is also news that the reserve may be reduced in the near future, leading the bulk commodities to continue to rise. The main contract of Shanghai Jiaotong 1201 closed at 27615, up 1185 points from the settlement price of the previous trading day. The total turnover was 245374, and the total position was increased by 24004
analysis of main capital flow (10/28) some stocks must regret fleeing, and the sudden surge is likely to come unexpectedly. The good news for investors is that holding on to stocks can be saved
fundamental analysis
the Ministry of finance of Vietnam recently issued a notice to include some rubber products in the list of commodities subject to export tax. Specifically, from December 8, 2011, the export of all kinds of natural rubber products, rubber gums and other similar natural gums, natural latex that has been or has not been vulcanized, and the primary shape or plate, sheet and ribbon synthetic rubber that has not been vulcanized need to pay an export tax of 3%; The export of synthetic rubber is subject to 5% export tax. At present, no export tax is levied on all the above rubber products
the General Administration of Customs announced that China's rubber imports in September increased by 20.92% year-on-year to 235000 tons. The detailed data released by the General Administration of Customs of China on October 24 showed that China's imports of rubber such as completely cleaning oil tanks, oil filters and oil filters with kerosene in September increased by 20.92% year-on-year. The General Administration of Customs announced that China's rubber imports in September increased by 20.92% year-on-year to 235000 tons
detailed data released by the General Administration of Customs on October 24 showed that China's rubber imports in September increased by 20.92% year-on-year to 235000 tons; The import volume in the first nine months was 1.44 million tons, with a year-on-year increase of 7.72%
the worst flood disaster in half a century is raging and spreading in Thailand through the method of high force measurement by the ferocious gas spring fatigue testing machine. 28 provinces in Thailand were affected, covering an area equivalent to the territory of Switzerland. 12.5% of the paddy fields were flooded, 800000 houses were damaged, 720000 people were ill due to the flood, 7 industrial parks were closed, and 10938 enterprises were affected
the summit of eurozone leaders began on Wednesday evening and ended on Thursday morning. Eurozone officials announced a plan that includes reducing Greece's debt to GDP ratio to 120% by 2020. At present, the ratio is about 160%. The communique of the euro zone also showed that private investors "voluntarily" reduced their Greek debt by 50%, and international loan providers would arrange a new loan plan for Greece before the end of the year
in addition, euro zone leaders agreed to leverage the euro zone assistance fund, which will increase the "firepower" of the European financial stability mechanism (EFSF) to 1.4 trillion euros. The leaders also reached an agreement on the recapitalization of European banks
technical analysis and outlook
on Thursday, the Shanghai rubber market was strong and staged a four consecutive positive. The euro zone leaders' summit began on Wednesday evening and ended on Thursday morning. More positive news came, including a 50% reduction in Greek debt, and the EFSF strengthened the "firepower" of belt tightening to 1.4 trillion euros, which greatly encouraged market confidence. The overnight financial market broke out collectively and rebounded rapidly, The tone of domestic targeted easing has fallen, and the intention of funds to pull up is obvious. Shanghai Jiaotong has continued to improve recently
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