Buffett no signs of reduction of Li Ka-shing

Buffett wealth appeal with Li Ka-shing, they firmly H stock market and the reduction in oil shares of state-owned enterprises, China Southern Airlines has undoubtedly cast a bubble domestic investors increased risk of the psychological shadow. However, merely affect stock God no signs of reduction.



Mainland leisurely National Day holiday, the Hong Kong stock market is usually coaster game: October 2, the Hong Kong stock market broke through the 28,000 point mark, record high; The next two days turn plummeted; But Friday, the stock again approached the 28,000 mark.



China’s SOE shares were bearish international funds. Shares in the seven gods Buffett, in August sold large oil shares, from 11.06% stake dropped to 9.72%; Singapore Temasek Holdings has sold more than 3,000 shares China Ocean shares stake from 8.2% to 6.94%; Netherlands silver sold 250 million shares in the petrochemical, shareholding ratio fell to 6.36% from 4.86%. Li Ka-shing in the September 25-September 27 air underweight 2221.6 million shares, generating 290 million yuan, float down from 16.51% to 14.61%, yield of 400%.



Obviously, the international capital H-shares in Hong Kong to gradually conservative. This was associated with the Asian financial crisis, Hong Kong in June 1997, Thailand in dire straits, the Hong Kong stock market Agni cooking oil, the Hang Seng index reached 14,000 to 15,000 points between red-chip shares of state-owned enterprises in turning red. In sharp contrast, the United States fund managers are underweight stocks in particular red chip shares of state-owned enterprises, state-owned enterprises is the main reason why stocks were overvalued, as long as a reorganization of his red-chip concept of the penny stocks, shares the same day can soared 100% to 200%, and the current A-share and H-share market similar to how .



But it is fundamentally different, we do see the shadow of the financial crisis, are not valid. Prior to the financial crisis in Southeast Asia, the stock market the property market soared, the government despair allowing interest rates to rise to the short-selling hedge fund raising costs, investors waiting for the attendant decline in currency, the baht, these countries because of the linked exchange rate system of care without large sums of foreign exchange and capital projects prematurely open There is no short selling withstand the onslaught.



The current situation in China is just the opposite. We are for the use of over 10,000 billion dollars anxious huge foreign exchange reserves, the appreciation of the renminbi has not yet completed cycle in the last 12 no significant depreciation risks. Moreover, although the United States to open China’s capital market louder and louder, but the Chinese government has been gradually opening up that it is China’s monetary policy close to the reality, one of the measures praiseworthy. If the Chinese capital opened up completely, then, the crisis may come ahead of half time, but delayed its stock through train trip, and to raise the threshold, the government has realized that, through such stocks through train disguised in the form of the capital projects is too aggressive, the government should yes to gradual, controlled path.



Second home buyers by raising mortgage down payment ratio measures have been made more clear that the government should do is to control financial risks, the bubble was noncommittal. If the bubble is inevitable at this stage, and guide to the appropriate reservoir will be, why should precarious in mind?



China’s capital market even if there are bubbles will burst if not now, the markets have become increasingly interdependent with the same is true of the Hong Kong market. In the Hong Kong stock market has become increasingly close ties with the mainland, the Hong Kong stock market in the mainland capital will be driven by gradually ascending, manifestations increasingly close to the A-share market, the Mainland stock trading will become a strong support stocks. During the National Day look at the international capital market and commodity markets, the Dow Jones industrial average hit a record high of 14,115 points, approaching a record high metal main contract, London Lead is a main contract hit a record high of 3,640 US dollars. On the foreign exchange market, the euro against the dollar is October 1, setting a record high of 1.4281. The United States employment data quite well, but the Fed is the debt crisis for the landing rate, the market is full of optimism about the unspeakable.



Well, Buffett, Li Ka-shing, why reduction of state-owned shares? If you get 400% of the proceeds, if you like Buffett faced the same ideology in the fierce domestic criticism, we are also facing a better investment options and stock index futures introduced uncertainty, the best course is to choose profit-taking, as a strategic investors continue to search for the next one to you bring several times return projects. Li Ka Shing Foundation, or its shares will be clear recently issued new Xin mining, and big mistakes DCH. Called "Asian stocks God" to the constant Chairman Zhao-Ji Li also reiterated last Thursday, the Hang Seng Index at the end of this year amounted to 28,000 points forecast Lunar end of the year to 30,000 points; He urged investors look at one to two years, and that few if want water, can absorb low ; New World Development Chairman Cheng also called Thursday, the stock recently rose to 28,000 points level, if further rose to 30,000 end points do not surprising.