Three main reasons caused the

 BEIJING, Jan. 10
electrical tape despite drastic changes in the afternoon, the short side and strike back early gains crazy swallowed away. At Monday's closing stock index reported 2791.81 points, down 46.99 points, or 1.66%. A stock brokerage analysts resolve the three main cause of collapse, analysts said, the market only for gaining further upward shock.



1, economic data or in transit

investment in the certificates that the economic data released this week is a sensitive time window, with the economic data, currency tight time window to open again. Data may be presented before the release of the market was waiting to see the trend, the data after the publication of the direction of the market or will choose.

investors are most concerned about the current data, including December CPI (consumer price index) and other data. November 2010 CPI rose 5.1%, the highest 28 month high, led the central bank to raise interest rates at the end of last year, the index has crashed down. For the CPI data in December last year, a number of financial institutions predict that December CPI dropped to below 5%, the mean forecast is 4.43% for 5 consecutive months to the end of the hurricane situation.

Guangzhou Ling Xuewen so that Bandung, CPI data will allow inflationary pressures eased and liquidity tightening fears gradually ease, the disclosure of data transfer is likely to usher in the market, the market is expected to reproduce the rebound. However, if the data can not be a surprise, the market will be under pressure.

2, bank refinancing short-term pressure on the market

on the large cap market is very sensitive to refinance, rumors on Thursday, Ping An of China (microblogging) are then financing, resulting in the stock index fell and dragged down.

Zhou Wunong line on the announcement that, to be issued not more than 50 billion yuan of subordinated bonds to supplement its subsidiary capital, raise the capital adequacy ratio. Minsheng Bank also announced private placement shares not more than 4.7 billion A shares, is expected to total no more than 21.479 billion yuan fund-raising. Industrial Bank on January 7 night announcement that it would issue no more than 15 billion subordinated bonds.

this regard, the Bank of International Shan-Shan Li said the end of a large influx of financing, and now there will be some small-scale financing, several small banks need to refinance, the financing are expected among. The pressure on the market will be reflected in short-term psychological level, but not too much.

3, a heavy sell-off

Kim Braun investment Qinhong that diving after lunch today, the trend pattern appears, this is because the sentiment of indifference, which is actually frequent in some favorable policies of industrial hot spots in the morning is not sought after by the market already reflected in the trend. Because, if strong popularity, similar to the high-speed rail, water and other industries have long impact of hot stocks daily limit. The other hand, the effectiveness of financial, real estate phoenix support the market does not stand out, this is actually a side note from the market sell-off really heavy, especially small-cap stocks, the GEM index plunged again today, Powei obvious feature so that the Shanghai index has shown a significant Powei pattern, this does not help the market stabilize.

for the afternoon, the Galaxy received Zhongguancun BEIJING, senior securities analyst Qiu Xinming Channel interview that the securities, the market hit 2391 points upward trend line since the short-term is difficult to break through the resistance at one time (2876 points and a line) need to be ready up a shock consolidation process. The adjustment of the last two days last week, is not sufficient, the market is also awaiting the results of CPI data will be released before the stock consolidation, but is intended to ready up again, the recent volatility is a good opportunity to re-Opening. Potential operational or dips should be taken Chichou jiacang. Concerned about the plates: Based on the support of government policies to expand domestic demand, bullish and steady growth of consumer-related class, along with consumer related industries upgrade; optimistic about the proactive fiscal policy to support the industry, including seven strategic emerging industries, as well as with the industrial upgrading , plug in the new industries of the wings of some traditional industries, such as high-end equipment, machinery and equipment industries, as well as China's manufacturing advantage and benefit from the

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