Folk Stock God Lin Yuan: A Shares Mad Cow Just Started

Mainland star analysts, investment advisers and even folk "stock gods" Lin Yuan thought that the A shares were not up. Lin Yuan admitted that the market situation was only the beginning of the bull market. The Shanghai composite index is expected to break through 6000 points in 12 months.

Shanghai Composite Index 2976.47 1.32%

Lin Yuan's bold statement breaks 6000 points next year.

Lin Yuan, who earned $about one billion from 8000 yuan in capital speculation, believes that the valuation of A shares has been "too cheap" in many years of bear market. If the undervalued value is accumulated to a certain level, it will become an upward force. It is pointed out that there is no direct relationship between the bull market and interest rate cuts and "Shanghai and Hong Kong links".

The phenomenon of A's stock price rising has been analyzed and evaluated. It is an exuberant exuberant development. The Xinbao reporters visited Shenzhen on Friday to investigate the market atmosphere. A senior investment adviser who did not have a name publicly revealed that the market atmosphere was hot. The group's total quota of over 1 billion yuan was exhausted, and the bull market began to accelerate. At present, there is still a distance from the hot degree of 2006 or 2009.

about

The Shenzhen investment adviser said that at present, the market trend is upward and the risk has not yet appeared.

If there is any change, the client will be placed on a voluntary basis according to the system, and if necessary, the system will be forced to close.

At present, the number of financing loans is 50%, the market interest level is between 8.6 and 9 points, and the interest rate of margin trading is higher.

A long queue

He disclosed that more than 50% of its business departments had opened accounts for margin trading, and two months ago, the amount of margin trading in the bank has been depleted. As a result, customers who opened accounts for margin trading in recent months were unable to obtain financing, and they could only queue up.

It is understood that many mainland securities dealers have raised the margin margin margin in response to market risks, especially the non Shanghai and Shenzhen 300 shares, and the margin increased from 60% to 65%.

Although some people are making huge profits from it, there are many active investors who are full of stocks.

According to a survey, investors in the stock market, such as securities dealers, finance and "two barrels of oil", are less than 30%.

The Shenzhen investment advisor interviewed said: "as far as I know, this time we can make institutional customers the most, and many of them are deep set customers.

Zhang Yidong, chief strategist at Xingye securities, a strategist at mainland A shares, said he had suggested at the 2015 annual strategic meeting of the agency that the tide of A shares has risen. "The most powerful reason for supporting the rise is precisely the rise itself".

The A share bull market is neither a prosperous bull market supported by strong economic fundamentals from 2005 to 2007, nor a "water rebound" after the central "four trillion" plan in 2008. It is the market realised that the economy is still in a predicament, but because of the reform, it has greatly slowed down the pessimism of investors and is willing to configure wealth in the direction of reform and pformation.

Zhang Yidong believes that the real main force for the rise of A shares is high net worth customers. At present, various financial services and financial innovations attract rich customers and help them to leverage investment in the stock market.

According to the report of Xingye securities, the additional leverage investment adopted by these customers includes margin trading instruments, classified stock funds, stock return swaps and umbrella structured trusts.