GUANGZHOU (Fund China) – Shanghai stock index cross 6100 points last week, so that investors in the investment choice of varieties become more cautious. In this atmosphere, banking stocks by the third quarter pre-disclosure notice will enhance the confidence of investors in the banking sector, banking stocks in the market last week’s performance more active. Little has been disclosed for the first three quarters of the banks are: Minsheng Bank net profit of the first three quarters by 70% advance; Shenzhen Development Bank net profit of the first three quarters by 100%; China Merchant Bank first three quarters of the increase in net income 100% advance. Banking stocks performance of the first three quarters of a place with a relatively high growth, or even exceeded market expectations. According to statistics, in the last two months major funds only a small portion of funds recently to remain unmoved, the majority of large-scale reduction of the original stock funds, while large net buying ICBC, the China Construction Bank, Bank of Communications, Shanghai Pudong Development Bank, China Shenhua, China Merchants Bank, China Petrochemical, the Yangtze River power, CITIC Securities, and other major stocks, buying a high degree of concentration, the Fund recently found that the total amount bid and offer to sell more than buying.

Banks plate is a performance of steady growth plate. Banks plate performance benefited from continued growth in China’s rapid economic development. While banking stocks, high-growth prospects are also expected to see the whole plate prices in the fourth quarter to play the role of hot spots, dips can intervene.

Copyright Fund China 2009.

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