Good one: policy faces frequent warm winds

The central bank emphasizes the moderately loose monetary policy in the second half of the year.

According to the central bank website, the monetary policy committee of the people's Bank of China held in Beijing in the second quarter of 2010.

The conference held that the world economy is gradually recovering, but there is still much uncertainty.

China's economy has maintained a good momentum of recovery. The coordination of consumption, investment and exports to boost economic growth has been strengthened. The economy is developing towards the direction of macro regulation and control. However, the task of managing inflation expectations, maintaining stable and rapid economic development, adjusting the economic structure and changing the mode of economic development are still arduous.

The meeting held that in the first half of the year, China's monetary and credit growth was reasonable, the liquidity of the banking system was basically moderate, and the reform of the RMB exchange rate formation mechanism was steadily advancing, and the financial operation was generally stable.

The meeting stressed that in the second half of the year, we should continue to implement moderately loose monetary policy in accordance with the unified arrangements of the Party Central Committee and the State Council, maintain continuity and stability of policies, enhance pertinence and flexibility in regulation and control, and grasp the intensity, rhythm and emphasis of policy implementation.

We should pay close attention to the development of the economic and financial situation, flexibly apply various monetary policy tools, keep monetary and credit growth moderately, continue to implement the credit policy of "maintaining control", adjust and optimize the credit structure, further improve the RMB exchange rate formation mechanism, adhere to the market supply as the basis, adjust with reference to a basket of currencies, strengthen systemic risk prevention, and maintain the healthy and stable development of the financial system.

The NDRC once again declared that the development of the western region will be favorable to intensive policies.

The national development and Reform Commission is preparing the catalogue of encouraged industries in the western region. It will formulate a 8 day press conference to encourage social capital to invest in the western development and Reform Commission, which was introduced at the press conference on the development of the western region on the day of 2015. The state's initial plan is that by 2015, the gross national product of the western region will be doubled than that of 2008. In the next few years, the annual economic growth of the western region will reach 10%.

The State Council held a conference on the development of the western region, and the development of the western region entered a stage of accelerated development. According to the NDRC, the investment in western key projects in 2010 increased by 46% over the past year, mainly in pportation and energy utilization. The relevant Steel Corp in the region will benefit from the growth of steel demand driven by investment.

Good two: temporary easing of financial strained situation

The new fund is expected to restart and so on.

The fund's first birth certificate has been launched in 20 months, and the Western Bank of New York Mellon has been formally approved by the SFC. Moreover, seven or eight new fund companies are currently under examination by the SFC. In addition, from 7 onwards, the IPO will be available for about a week.

No matter in the short term or in the long run, this will surely form strong support for market funds.

About 400000000000 thaw of new funds

ABC has frozen 480 billion 300 million yuan, and the winning rate is nearly 10%, so today there will be less than 440 billion yuan to return to the account of the applicant. In the future, ABC shares may have to spend 4 billion yuan on the stock fund. In the long run, such stocks will have a turnover rate of around 1%.

In other words, because of the issue of Agricultural Bank of China, retail investors or online purchasing agencies have spent nearly 50 billion yuan of funds. Maybe this part of the fund could hold up hundreds of billions of stock market capitalization.

Good three:

More than 600 companies reported half year results.

The performance of the semi annual report has been strong recently, and the Eastern Garden of 140%-170% increased by 8.

As at 8, there were 753 A share companies in Shanghai and Shenzhen two cities issued interim results notice, 394, 94 and 101 respectively, including 52.32%, 12.48% and 13.41% respectively.

The total performance of the company was 589, accounting for 78.22%, indicating that most of the mid-term performance of the company has improved as a whole.

Performance growth is the driving force for short-term growth.

As the overall downward adjustment trend of the economy is more obvious, it is very difficult to choose stocks from top to bottom. On the other hand, M2 and credit data are hardly optimistic, and funds continue to pressure the return of large stocks.

The market can only choose small stocks with medium term growth and high growth to do speculation.

Huarun Jinhua is the best case. It also gives other funds for inspiration.

Good four: U.S. stocks rose three days, A shares were greatly encouraged.

The number of initial jobless claims declined, and U.S. stocks rose three days.

The government said its first application for unemployment benefits decreased by 21 thousand last week, and the total number dropped to 454 thousand, lower than the market average of 465 thousand people.

The decline in the number of initial jobless claims is encouraging. The government's employment in June has also pushed the stock market in the past few weeks.

But high unemployment continues to clamp down on consumer confidence and consumer spending.

As consumer spending accounts for 70% of US economic activity, economic recovery depends largely on whether consumers work or whether they can afford to spend.

As of 4 p.m. New York time on July 8th, the S & P 500 index rose 9.97 points to 1070.24 points, or 0.94%; Dow Jones industrial shares rose 120.64 points to 10138.92 points, or 1.20%; the NASDAQ index rose 15.93 points to 2175.40 points, or 0.74%.