Stock market in 2018
The Shanghai index fell by 20% year-on-year. The market value of both cities was 14 trillion.
On December 28, two cities were closed and the 2018 A-share transaction ended. According to the close of yesterday, the Shanghai Composite Index increased by 0.44%, amounting to 2493.9 points; Shenzhen Component Index rose 0.34% to 7237.79 points.
Despite the end of the two trading markets of the last trading day of 2018, from the total 2018 global point of view, as a result of the collapse in housing leverage and US stocks, A-shares were sharpened year-round. December 28, the Shanghai Composite Index decreased 24.59 per cent a year and the Shenzhen Component Index fell by 34.42%.
The market value of both cities fell by almost 30%.
According to Wande, yesterday, 2,000 capital cities came to the capital, and the market value of the Shanghai and Shenzhen markets was 48.67 trillion yuan. At the end of 2017, the listed companies A-share totaled 3,485, with a market value of 63.06 trillion yuan. The number of companies listed by A-share was 82, and the market value fell by 14.39 trillion yuan, which fell by 29.56%.
According to Zhongdeng Company's statistics, the A-share market ended 201 million investors with 145 million and the market value fell to 14.39 trillion Yuan. The average loss of shareholders for A-share this year was 99,200 yuan.
In addition, the monthly turnover of the Shanghai and Shenzhen markets tends to decline overall. In September, turnover fell to 4.94 trillion yuan per year, and then rebounded.
From the point of view of the sector, the capitalization capitalization of the 28 industrial sector in Shenwan was overwhelming. Among these, the lowest decrease was in the banking sector, which fell by 11.9%. The media, mining companies, building materials and other 12 sectors fell by more than 30%.
According to stocks, in 2018, more than 3,500 people, 296 stocks alone, 8% were positive. According to Wind Data, over 1,200 inventories fell by more than 40%.
Jinli's permanent magnet won the crown of cattle
The overall performance of the A-share market was not good, although the growth of stocks was very important, including Jinli Permanent Magnet's 2018 A 2018 shares and other sales with the highest Zhongshi Technology. 712, Taiyong Long March, Green Power, Great Wall Military, Ruike Laser, Tianfeng Securities, WuXi PharmaTech, Debon shares, etc.
Amongst the most stock of bulls, ST Bao Qian, * ST Fukong, Shenwu Environmental Protection, Jinya Technology, LeTV, * ST Huaxin, Orient, Jianrui Woeng, etc. Stocks fell by more than 80%. On the other hand, if the first stock is discounted, the price of the price is less than 1 yuan for 20 consecutive days and, after removing the first stock based on Unstable Assigned Listing Assignments, Changsheng has become the A-share "Pit King" this year.
In 2018, six companies left the market for three consecutive years, losses, mergers and other instability, from companies from overseas 2017 to 2016 and 2019 delay companies. Six are: Zhonghong Shares, Sinotrans Development, Ether Carbon, Jean, Kunming and Deep Base B.
It is worthwhile in 2018 that the A-share market were two "seventh shares". Among them, Jinya Technology's share price was 0.77 yuan and * ST Hairun's share price was 0.87 yuan. Zhonghong retired in commerce before closing the price of 0.22 yuan, by reducing the minimum price registration in shares history.
In addition to the low yield of individual indexes and stocks, the IPO 2018 meeting rate was also the lowest value for 10 years. So far, 2018 A-share IPOs have produced 199 companies and the company has 111 clubs. 55.78%, 29.65%.
From the beginning of 2018, the balance between Shanghai and Shenzhen has shown a downward trend. At the beginning of the year, the balance of both loans totaled 1,029.8 million yuan, in the amount of 99.4 million yuan. By the end of the year, about 760 million yuan was reduced.
The stock market will be completed next year.
The Minsheng Securities believes that next year's valuation adjustment has come to an end and the future index will gradually slip through profit. Profit-based market recovery recovery can be delayed, and the rebate based on the second lap will arrive early.
When Shenwan Hongyuan Securities announced the A-share market trend next year, 2019 also called it "only" after the rapid decline in the market. The structural options will increase compared to 2018.
The CITIC Balance proposes that shares A will begin in the next years to revive livestock in the 20s and 50s of 2019. Under the influence of profits, policies and liquidity, the market will be consolidated in the first quarter of the coming year and, in the second quarter, a gradual rise in the profit and valuation will gradually resume.
The CICC expects the long-term risk and opportunity-based risk option anticipated in the A-share market from 2019 to 2019. A-share valuation overall was low. When the interest rate falls, the valuation expansion base has been initially established. The future is expected to stabilize growth and potential reform, improve efficiency and increase vitality. In addition, long-term funds, such as foreign capital and real estate funds, help to improve A-share liquidity. (Zhang Siyuan Reporter)
■ Related news
The exchange rate against the US dollar was down 5.43% year-on-year.
On December 28, the RMB against the U.S. dollar was shut in onshore in number 6,8658, with a drop of 3.538 basis points, or 5.43%. Middle equity RMB against the US dollar 6,8632. It was reported in the year. In 2018, the basic items 355 (5.18%) were reduced. Experts believe that the RMB exchange rate depreciation rate will be weakened by the next year and the global exchange market will be stable. (Reporter Gu Zhijuan)
The average equivalent of the Yuan counterweight fell by 5.18% year-on-year.
From the last trading day of 2018 to the last trading day of 2018, the RMB exchange rate for the 2018 dollar fell to 3,538 basis points, or 5.43%.
This year, the RMB exchange rate against the waves against the dollar against the wave length has increased and the annual amplitude reached 7261 points. At the beginning of the year, US dollar USDR exchange rates went down. On February 7, 2015, the highest reform in 2015 was 6.2519. At the end of April, the onshore Renminbi entered the repayment channel and fell below 6.6 at the end of June. In August, more than 6.8 remained, reaching 6.9780 on October 31, which was more than a decade. Since then, a little renminbi has risen and it has been below 6.9 in December.
According to data from the Chinese Foreign Trade Center, on the 28th of December, the average parity of RMB 6,8632 for the $ 6,8632. It was reported in the year, an increase of 262 points in the previous trading day.
On January 2, 2018, the average US dollar of $ 6,579 million amounted to 6,5079. In 2018, the anti-dollar equity ratio of RMB was 3553 points, down 5.18%.
The central bank launches a steady rate of tear
The RMB exchange rate, when the dollar rate was 6.90, the central bank restarted the contraction factor. In addition, the central bank restarted the long-term exchange risk reserve policy. On August 3, the central bank announced that from the 6th of August 2016, business sales would be saved from 0% to 20%.
On November 7, the central bank expanded its movement and sent the Hong Kong central bank. The central bank has said central bank bills to enrich Hong Kong's high-quality credit Renminbi financial products and improve Hong Kong Renminbi's bond yield performance. The industry believes that the offshore Renminbi market is issuing central bank bills to offshore Renminbi liquidity regulation, to offshore market interest rates and stabilize the Renminbi exchange rate.
In the third quarter, when the monetary policy report was released on November 9, the central bank indicated that the central bank measure was positive and that the results were positive. Market expectations were basically stable and RMB exchange rates remained fairly stable and slow.
The depreciation of RMB will weaken the next year
Zhou Maohua, as an analyst at the Everbright Bank's financial market department, expects the RMB's global exchange rate to be stable next year, a slightly stronger trend and lower volatility than this year. From the outward environmental perspective, the Fed's interest rate slowdown is expected to slow down, and the Sino-US economy will have "convergence" this year. From the point of view of the internal environment, the Chinese economy will stabilize with great stability, and the central bank's monetary policy will not be flooded, so "stable" is still the main tone.
Wang Qing, the chief macro-analyst at Dongfang Jincheng, said Fed has lowered its expectations for interest rate growth in 2019, with the rise in the original rate rising twice as high as possible. The slowdown in the US interest rate is very positive for the RMB exchange rate. The rise in the interest rates in China and the United States will increase, and the scope of domestic monetary policy will be increased. The situation of cross-border flow flows will be gradually improved, market confidence and investor sentiment will be solved and the pressure on RMB depreciation will be weakened. (Zhang Siyuan Reporter)