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The recent hot money flowing into China is accelerating.Hot money inflow is mainly due to the increasing appreciation of the renminbi and the exchange between the United States and China, followed by spread and arbitrage, and because the asset of our country relatively inexpensive and cash assets profit.
From the arbitrage, as a result of the hot money is generally expected possible appreciation of the renminbi at around 1:6 peaked, look from current condition, there is still a considerable increase in space, therefore, hot money speculation Renminbi revaluation momentum is more fierce.
The rate of the RMB exchange rate in June 6th once again usher in new, $1 for 6,abercrombie and fitch.9238 yuan,louboutin, compared the preceding trading day up 156 basis points,michael kors outlet, for the year forty-first a new high,air jordan pas cher.A few days ago,moncler pas cher, Federal Reserve Chairman Bernanke has said that no longer cut, in view of the United States of America inflation situation is not optimistic, and even the United States has also appeared to ask rate hike.
Recently, China's central bank to raise interest rates further the possibility is very small.Thus, the spread between China and the United States does not exist is pulled further big situation, perhaps will be reduced, so,abercrombie paris, hot money speculation interest margin of kinetic energy in the lower,air jordan.
Look at the price of assets, the overall performance of 2007 listing Corporation rises considerably, since May, the Shanghai and Shenzhen stock markets in 2007 annual report as a reference to calculate the average price-earnings ratio drops considerably.
Banking stocks in particular, since the first quarter of this year the performance continued to grow substantially, grow 119% compared to the same period, 14 banks average dynamic price-earnings ratio is only 16.
35 times.Overall, the Shanghai and Shenzhen stock market as an emerging market,jordan pas cher, current earnings ratio should be considered reasonable region, with investment value.So, A stock market in China will also be attractive place for hot money.
While the market because of its mobility than the market, coupled with last year the government since the continuous introduction of a number of restrictions,air jordan, especially with the real estate outside the limits of the state on the property market, foreign capital control in continuously intensified,beats by dre, which makes real estate market operation is relatively difficult, but the risk and cost are also increasing,moncler.
Therefore, the next step is the main battlefield of hot money is likely to be in the market and A market expansion.Experience from abroad, exchange rate and the stock market has a close relationship, namely: their currencies to hot money inflows to the accelerated appreciation of the renminbi, rising stock market to attract more hot money inflows to increase appreciation pressure.
Therefore, the stock market is observed outside the hot money flow is an important window.Hot money inflows will be waiting,casque beats, once found that the stock market break,abercrombie, they will like the tigers down the mountain at the stock market, the stock market boom prompted, which will attract more hot money inflows.
When the stock market would be like broken dam flood,michael kors, be a trend which cannot be halted.At present, the accelerated appreciation of the renminbi has shown, rushed for RMB battle has been fought, although the stock market seems to be in smooth water also,franklin marshall, appear even continuity 阴跌 trend,louboutin pas cher, in fact, pushed up the stock market hot money undercurrent is surging, a new round of prices is in be pregnant with, when activated will very hot,outlet hogan.
Of course,abercrombie france, these inference is established in any emergent events based on.However, the hot money is pursued in the stock market is also limited, its limitation is that the appreciation of the renminbi target.
In fact, if we all think the RMB appreciates the goal in 6 yuan, RMB will really be able to rise to 6 yuan,doudoune moncler?Having foresight international speculators,abercrombie, its operating practices must be in the 6.3 to 6.5 will try to leave, in retreat.
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