2010/11/3

The high Chinese Negotiable securities Research department managers, the financial industry analyst horse rather indicated that since this year the banking industry displays not well, its primary cause lies in several aspects: Macroscopic policy uncertainty; Capital sufficiency of capital new request; Local authority financing platform loan fraction defective question; As well as the great market value stock performance is not good. , these questions or already by market digestion. The horse rather disclosed that will not be able to have the market in the fourth quarter of this year releasing banking industry capital sufficiency of capital new gauge to imagine that high, the place financing platform loan's risk estimated that also already reflected in the stock price, these uncertainty will eliminate very quickly. In addition, next year's loan specified amount also will maintain this year's level, will not reduce largely.

Excellent Chinese chief strategy Shi Zhu Yueze indicated that in the near future the bank stock although will rise along with the leading market, but this tectonic plate's bounce has not surpassed the leading market, the present estimate value will also occupy under the historical average level, close historical base, but the city will lead and the net assets rate of return only relatively Asian and Pacific is attractive with the itinerant. in the concrete stock, the horse rather recommends H ICBC, Construction Bank and the letter bank; As well as A businessmen are invited to open companies bank, promoting education bank, ICBC and Construction Bank.

In addition, because the trust next year's investment and the credit quota still will maintain this year's levels, also favored the transportation excellently and so on partial cycle profession. But lowered the estimate value excellently already the very high daily consumable rating, maintains matches the traffic branch and the oil gas stock lowly, does not favor the defense public utilities.

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