Basicintroduction
Afterthestockmarketcontinuedtoriseyesterday,inthemorning,drivenbytherapidriseofmanyindividualstocksandthestrongriseofChinaMerchantsBank,theshort-sellingmarketcontinuedtobestaged.Thestockindexrosebymorethan37points.Andsetanewhighof1583pointsinthisroundofmarket,justonestepawayfromthe1600pointmark.However,startingat2pm,themarketsituationsuddenlychanged,andthemarketfellrapidly.Atthecloseofthemarket,theShanghaiCompositeIndexfellby8.3points.TheShanghaistockmarket'sunilateraltradingvolumeexceededthe40billionmark.Forthefirsttimeinthisyear.
Thewide-rangingvolatilityarrangementcameasscheduled,whichcausedalotofhardshipfortheinvestorswhochasedthehigh,andalsoallowedpeopletoexperiencemarketriskswhentheywerecrazy.
AccordingtothepublicinformationofChinaSecuritiesDepositoryandClearingCorporation,inthefirsttwotradingdaysofMay,thenumberofstockholders'accountopeningsoared.Onthefirsttradingday,May8,thenumberofnewA-shareaccountopeningsreached17,568Thenumberofhouseholdscontinuedtoincreaseto20,590onthe9th,anewhighsincethestartofthesharereform.StartingfromApril12,thenumberofnewlyopenedA-shareaccountsinShanghaiandShenzhenhasexceeded10,000almosteveryday.Atthesametime,thestockholders'marginsthatflowedintotheA-sharemarketinAprilincreasedbymorethan8billion.
Notice
Thecurrenthotaccountopeningsituationisundoubtedlycloselyrelatedtotheactivestockmarket.However,itmustbenotedthatalthoughtheindexrosegratifyingly,theindividualstockswereuneven,andthenumberofbullstocksandbearstocksaccountedforalmosthalf.Withoutprofessionalinvestmentvision,accurateindividualstockgraspandcertaininvestmentskills,eveninsuchahotmarket,therearemanypeoplewhoearntheindexbutnotmakemoney.Novices,whileaimingatbenefits,mustnotputinvestmentrisksaside.
Accordingtoanaccountmanagerofasecuritiesbusinessdepartment,althoughtheretaillobbyofeachsecuritiesbusinessdepartmentiscurrentlyverypopular,mostpeoplearestillkeentodiscusstopicssuchasLaozhuangstocksandSTstocks,andinvestmentthinkingneedstobechanged.
Forthecurrentmarket,WuhanNewlandZhuHandongbelievesthattheextremeenlargementoftradingvolumeindicatesthatthemarkethasalargegapbetweenlongsandshorts.Short-termshockswillinevitablycontinue.Investorscanappropriatelyadjusttheirpositions,reducetheirholdingsofstocksthathavegainedtoomuchinthepreviousperiod,andinterveneinsomestocksthathavenotyetstarted.Forthemid-linetrendofthebroadermarket,wecanstillremainoptimistic.
Role
Expandinvestmentchannelsforstockinvestors,expandthescopeofinvestmentchoices,andadapttoinvestors’diverseinvestmentmotives,transactionmotivesandinterests.Generallyspeaking,itcanProvideinvestorswiththepossibilityofobtaininghigherreturns.
Свързани книги
Основна информация
Заглавие на книгата: "StockMarketPracticeEncyclopedia"
Автор: EditedbyChenRong
Издател:EnterpriseManagementPress
Време на публикуване: 1.9.2009 г
Думи: 350000
Издание: 1
Страници: 430
Contentintroduction
Thereareonlytwotypesofstockmarket:risingandfalling.Thisbookwilluseavarietyofpracticalandfeasiblestockmarkettechniques,focusingonhowtojudgethegeneraltrendofthestockmarket,howtoconductstockinvestmentanalysis,howtousetechnicalanalysismethods,howtochooseindividualstocks,andhowtodetermine.
Timingofbuyingandsellingstocks,howtodetermineinvestmentstrategies,etc.Fromtheshallowertothedeeper,fromtheoutsidetotheinside,helpinvestorsunderstandthestockmarket,analyzethestockmarket,andthengraspthestockmarket.
Howtodigdeeperintohigh-qualitystockswithcompetitiveadvantages
Howtoconfirmthatthestocksinyourhandsmustbeworthholdingforalongtime
HowtofindoutwhichmaycausemajorlossestoyourinvestmentWarningsignal
Как да изберете правилното време за доставка
Howtospendverylittletimetodecidewhetheritisworthwhiletoinvestinresearchinganewstock
IfyouwantEasilymasterthetipsandsimplemethodsforgettingstartedinthestockmarket.Thisbookwillbethebestreadingforyoutoenterthestockmarket.
Ifyouwanttomakealotofmoneyinthestockmarketcontinuouslyandsteadily,thisbookwillgiveyouinspirationandhelpyouquicklygrowingup.
Ifyoutakestockinvestmentasaseriousinvestmentbehavior,thisbookwillbeyourguidinglightonthewayforward
Opportunitiesareunlimited,butfundsarelimited.DoagoodjobSufficientknowledgepreparationisacompulsoryhomeworkbeforeenteringthestockmarket.
Author
ChenRong:GraduatedfromXi’anUniversityofFinanceandEconomics,manageroftheaccountingdepartmentofacommercialbank,andaninternationalsecuritiesfinancialplanner.Hehasmanyyearsofexperienceincapitaloperationofcommercialbanks,isfamiliarwiththeoperationmodesandpracticesofvariousinvestmentchannelsfrombonds,fundstostocks,andhasservedasaninvestmentandfinancialadvisorformajorclientsformanyyears.Hehaspublishedmanybooksonaccountingpractice,andhasrichtheoreticalandpracticalexperienceinassetmanagement,securitiesinvestment,financialmanagementandotherfields.
Съдържание
Глава 1 Как да научите K-линейна диаграма за начинаещи
1.1WhatisK-Line
1.2 Различни K-редове Приложение на
1.3 Червени Три войника и Черни Три войника
1.4Линия на чук и висящо деколте
1.5Формуляр за нарастваща устойчивост и спадаща форма за устойчивост
1.6 Основа във формата на кула
1.7 Утринна звезда и Вечерна звезда
1.8 Трилогия на възхода и трилогията на падането
1.9 Бременност с Liujia, пиърсинг и счупени крака и звезда
1.10 Идентификация на Dayangxian и Yinxian
1.11Thedawnofdawnandtheidentificationofthedarkcloudcover
1.12TherisingsunRecognitionofdownpouranddownpour
1.13 Разпознаване на стабилен възход и непрекъснат спад
Практическа тренировка: Упражнение за прилагане на K-линия
Свързани знания
Начало
OnAugust5,1986,thePeople'sBankofChinaapprovedtheShenyangSecuritiesMarketsponsoredbyShenyangTrustandInvestmentCompanytostartthetransferofsecuritiesoverthecounter.OnSeptember26ofthesameyear,theJing'anSecuritiesDepartmentoftheIndustrialandCommercialBankofChinaShanghaiTrustandInvestmentCompanybegantolistthesharesof"XiaoFeile"and"YanzhongIndustrial".ShenzhenSpecialZoneSecuritiesCompanywasestablishedonSeptember27,1987,anditwasalsothefirstsecuritiescompany.OnJuly9,1988,thePeople'sBankofChinaheldasecuritiesmarketsymposiumledbythePeople'sBankofChinatoformastockexchangeresearchanddesignteam.OnDecember19,1990,ShanghaiheldtheopeningceremonyoftheShanghaiStockExchange.ZhuRongji,themayorofShanghaiatthetime,soundedthefirstgongfortheopeningoftheShanghaiStockExchangeatthePujiangHotel.Only30typesofTreasurybills,bonds,andstockscalled"oldeightstocks"(Yanzhong,Dianvac,Dafei,Xiaofeile,Aishi,Shenhua,Yuyuan,Xingye)werelistedandtraded.Atthattime,thestockpricewaslimited.Is5%.OnJuly3,1991,theShenzhenStockExchangeofficiallyopened.InNovember1990,ShenzhenSecuritiesRegistrationCo.,Ltd.starteditstrialoperation.InAprilandJuly1991,theShenzhenandShanghaiStockExchangesrespectivelyreleasedstockpriceindices.OnApril22,1991,theShenzhenstockmarkethadzerotradingvolumeonthatday,andtheShenzhenStockExchangeCompositeIndexfelltoitslowestpointof45.65onSeptember6ofthesameyear.OnMay21,1992,theShanghaistockmarketfullyliberalizedstockprices,andthestockmarketroseacrosstheboard,reachingamaximumof1,429points,drivingthefirstbullmarketinChina'sstockmarket.OnAugust10,1992,Shenzhensoldthe1992IPOsubscriptionlotteryform,andthe"8·10storm"thatshockedthewholecountryoccurred.AlargenumberofinvestorsflockedtoShenzhenandevenusedtheacquiredIDcardsubscriptionlotteryform,whichcausedsocialchaosandthegovernmentintervened.OnOctober12,1992,theSecuritiesCommissionoftheStateCouncilandtheChinaSecuritiesRegulatoryCommissionwereestablished.Duringtheperiod,thestockpricesofthetwomarketsfellacrosstheboard,andthebullmarketended.In1992,ShenzhenYuanyeCompanywasinvestigatedandsuspendedduetoissuessuchasthetransferofthechairmanoftheboardandtheembezzlementofthefundsofthelistedcompany.Thiswasthefirststocktobesuspendedfromtrading.
Състояние на фондовия пазар и 5.1 пазарни условия
In1993,theStateCouncilissuedthe"InterimRegulationsonStockIssuanceandTradingManagement",whichwasthefirstadministrativeregulationonstockissuanceandtrading.Inthesameyear,regulationssuchasthe"RegulationsontheAdministrationofCorporateBondsandBonds"andthe"InterimMeasuresfortheAdministrationofStockExchanges"werealsoissued.FromJuly1993toMarch1994,TsingtaoBrewery,ShanghaiPetrochemicalandothercompaniesissuedHsharesforlistinginHongKong.AttheendofJuly1994,theChinaSecuritiesRegulatoryCommissionlaunchedanumberoffavorablepolicies.OnAugust1,thetwomarketsreboundedstronglybymorethan30%.Onemonthlater,theShanghaiStockExchangeIndexexceeded1,000points,whichwasmorethanthreetimeshigherthaninJuly.InJuly1995,ChinaSecuritiesRegulatoryCommissionformallyjoinedtheinternationalorganizationofChinaSecuritiesRegulatoryCommission.TheSecuritiesCommissionoftheStateCouncilwithdrewin1998.OnFebruary23,1995,the"327turmoil"occurredintheShanghaigovernmentbondmarket.TheChinesefuturesmarketunderwentacomprehensiverectificationin1995,andfundsweretransferredtothestockmarket.InAugustofthesameyear,SichuanChanghongtransferreditslegalpersonsharestoanillegallisting,exposingtheriskofviolationsofregulationsandlawsbyvariousentitiesinthesecuritiesmarket,includingthestockexchange.TheShenzhenmarketexperiencedabriefperiodofprosperityin1996,andthenfellundertheinfluenceofpolicies.TheQiongMinyuancase,thelargestfraudcasesincetheestablishmentoftheChinesesecuritiesmarketin1997,wasinvestigatedanddealtwith.Inthesameyear,theChinaSecuritiesRegulatoryCommissionimposedpenaltiesoncompaniesthatviolatedShenzhenDevelopment,JunanSecurities,HaitongSecurities,Shenyin&Wanguo,GuangfaSecurities,andDapengSecurities.In1998,KaiyuanandJintaiclosed-endfundswereissuedandlistedonthetwoexchanges,markingtheofficiallaunchofChina'ssecuritiesinvestmentfunds.Attheendofthesameyear,the"SecuritiesLaw"waspassedbytheStandingCommitteeoftheNationalPeople'sCongressandformallyimplementedonJuly1ofthefollowingyear.OnMay19,1999,drivenbytheleadingstocksSichuanChanghong,ShenzhenDevelopmentandTechnologyNetworkconceptstocks,the5.19marketstarted,anewroundofbullmarketappeared,thistimethemarketreachedaround2245points.OnDecember12,2000,BaosteelCo.,Ltd.waslisted,andtheChinesestockmarketusheredinthefirstsuperlarge-capstock.OnAugust8,2001,anothersuperlarge-capstock,Sinopec,wentpublic,andtheChinesestockmarketbeganalongbearmarket.
Намаляване на държавните дялове
ThebiggestfeatureofChina’sstockmarketisthatstate-ownedsharesandlegalpersonsharesarepromisedtobenon-tradablewhentheyarelisted.Therefore,onlytradablesharesaretradedinthemarketaccordingtothestockprice.However,theindexisWeightedcalculationaccordingtothetotalequity,thusformingthecharacteristicsof"controlmorewithless"inthetrader.Forexample,NortheastElectricandJilinChemicalbefore1997aremoreprominent,becausetheirtotalequityisrelativelylargeandthenumberofoutstandingsharesissmall,soonlyasmallamountoffundsareusedtoaffectthesetwostocks,whichcanformpartofthecontroloftheindex.
After2001,theChinaSecuritiesRegulatoryCommissiongraduallyproposedtosolvetheproblemofnon-circulationofstate-ownedsharesandtorevitalizestate-ownedassets.Ithasintroducedsomeplans.However,intheinitialstageoflistingandissuance,tradableshareholderspurchasedtradablesharesatanultra-highprice-earningsratio,andtheseproposalshavemoreorlessharmedtheinterestsoftradableshareholders.Themarket'sdisapprovalofthestate-ownedsharereductionplan,coupledwiththeoutbreakoftheSeptember11incident,theburstingoftheUSInternetstockbubble,andtheShanghaiCompositeIndexfellfrom2,245tomorethan1,500,andenteredabearmarketsincethen.Undermarketpressure,theChinaSecuritiesRegulatoryCommissionannouncedthesuspensionofthereformof"reductionofstate-ownedshares".
Sharesplitreform
InJune2005,theShanghaiStockExchangeIndexofChina’sstockmarketfelltoabout998points.16.8%ofGDP.TheChinaSecuritiesRegulatoryCommissiononceagainproposedthe"share-tradingreform",theessenceofwhichisstillthereductionofstate-ownedshares.Thedifferenceisthatthisreformaimstoeliminatetheshare-trading,andeventhecirculationoflegalpersonsharesisincluded.Variouscompensationpoliciesfortradableshareholders(includingbonusshares,issuanceofwarrants,assetrestructuring,etc.),torealizethecirculationofequityformajorshareholders.Themarkethashugedivergenceontheshare-tradingreform,andsomepeoplethinkthatthejudgmentofthecompensationmethodisnotfair.However,startingfromthemiddleofthatyear,theChinesestockmarketonceagainenteredabullmarket.TheShanghaiCompositeIndexoncereachedmorethan6,000points,anamazingincrease,andaseriousbubbleinthestockmarket.
Срив на фондовия пазар
SincetheendofNovember2007,China'sstockmarkethasbeguntofallduetotheimpactoftheUSsubprimeloanproblemandtheexcessiveexpansionofthemarket.OnSeptember5,2008,theChinesestockmarketbrokethrough2245pointsinonefellswoop,fallingmorethan63%fromthehighestpointofthecurrentroundofthemarket,markingthedeepestdeclineintheglobalstockmarketatthattime.Mostmarketparticipantsbelievethatthemainreasonisthatthesizeofthenon-liftingbanhascompletelychangedtherelationshipbetweensupplyanddemandinthemarket.Inthefaceofdoubtsfrommarketinvestorsthattheconsiderationofthesharereformisobviouslytoolowandthesharereformhasfailed,thegovernmenthasneverresponded,norhasitintroducedpoliciesthatareconducivetotherecoveryofthemarket.Asthisroundofbullmarkethasattractedparticipationofallclasses,includingthemiddleclass,theirspendingpowerandbehaviorareaffectedtovaryingdegrees,whichhascausedhugechallengestotheChineseeconomytoexpanddomesticdemandandreducedependenceoninvestmentandexports.
Терминология
Начална цена: отнася се за цената на първата транзакция в ежедневната транзакция.
Цена на затваряне: отнася се за цената на последната търгувана акция всеки ден, т.е. цената на затваряне.
Numberoftransactions:Referstothenumberofstocksthatweretransactedontheday.
Highestprice:Referstothehighesttransactionpriceatwhichthevariouspricesofthestockstradedonthedayarethehighest.
Minimumprice:referstothelowesttransactionpriceamongthedifferentpricesthatweretransactedontheday.
Upgrade:Itmeansthattheopeningpriceismuchhigherthantheclosingpriceofthepreviousday.
Openlow:referstotheopeningpriceismuchlowerthantheclosingpriceofthepreviousday.
Marketstall:Referstoinvestorswhoarenotactivelybuyingandselling,andtakeawait-and-seeattitude,sothatthestockpricechangesverylittleontheday.Thissituationiscalledamarketstall.
Reorganization:Afteraperiodofsharpriseordecline,thestockpricebeginstofluctuateslightlyandentersastageofstablechanges.Thisphenomenoniscalledreorganization.Reorganizationisthestageofpreparationforthenextmajorchange.
PanJian: Цените на акциите се повишават бавно, което се нарича PanJian.
Softdisk: Цената на акциите намалява бавно, което се нарича софтдиск.
Gap:Referstothestockpricestartingtofluctuategreatlyduetostrongbullishorbadnews.Agapusuallyoccursbeforethestartorendofamajorstockpricemovement.
Retracement:Referstothephenomenonthatthestockpricerisestemporarilyduetotheexcessiverise.
Rebound:referstothephenomenoninwhichthestockpricesometimesreboundstemporarilyduetotherapiddeclineinthefallingmarket.Thereboundwassmallerthanthedecline,andthedowntrendresumedaftertherebound.
Numberoftransactions:Referstothenumberoftransactionsofvariousstocksthatday.
Оборот: отнася се за общата цена на всяка транзакция с акции за този ден.
Thelastbidprice:referstothepriceatwhichthebuyerwantstobuyafterthemarketclosesontheday.
Последна оферта: отнася се за исканата цена на продавача след затваряне на пазара в деня.
Longposition:Peoplewhoareoptimisticaboutthestockmarketoutlook,buystocksfirst,waitforthestockpricetorisetoacertainprice,andsellthestockstoearnthedifference.
Short:Referstoaninvestorwhohasbecomeastockpricethathasrisentoitshighestpointandwillsoonfall,orwhenthestockhasbeguntofall,itwillcontinuetofallandsellwhenthepriceishigh.
Riseandfall:Thedailyclosingpriceiscomparedwiththepreviousday'sclosingpricetodeterminewhetherthestockpricerisesorfalls.Itisgenerallyindicatedby"+"and"-"signsonthebulletinboardabovethetradingdesk.
Price:Referstotherisingandfallingunitoftheoutcry.Thepricelevelvarieswiththepriceofeachstockmarket.TaketheShanghaiStockExchangeasanexample:thepriceofeachstockmarketattheendof100yuanis0.10yuan;thepriceofeachstockmarketpriceof100-200yuanis0.20yuan;thepriceofeachstockmarketpriceof200-300yuanis0.30yuan;thepriceofeachstockmarketis300-400yuanTheyuanpriceis0.50yuan;thepriceofeachstockmarketpriceismorethan400yuanis1.00yuan;
Firmness:Referstothesituationthatstockpricesoftenfluctuateandstagnateinthestockmarket.Notcomingdown,Shanghaiinvestorscallthisadeadlock.
Allotmentofshares:Whenthecompanyissuesnewshares,itwillbeallocatedtoshareholdersforsubscriptionataspecialprice(lowerthanthemarketprice)accordingtothenumberofsharesheldbytheshareholders.
Askprice,quotation:Thelowestpriceatwhichaselleriswillingtosellastockinastocktransaction.
Quotecard:Largeelectronicscreenssetupbysomemajorbanks,brokeragecompanies,andstockexchangescanprovidecustomerswithstockquotationsatanytime.
Profitandlosscriticalpoint:Thebasepointofstocktradingvolumeonanexchange,beyondwhichaprofitwillbeachieved,otherwise,alosswillbeachieved.
Fillinginterest:Beforeex-dividend,thestockmarketpriceisapproximatelyequaltothemarketpricebeforetheex-dividendannouncementplusthedividendtobedistributed.Therefore,thestockpricewillriseaftertheex-dividendannouncement.Aftertheex-dividendiscompleted,thestockpricetendstodropbelowthestockpricebeforetheex-dividend.Thedifferencebetweenthetwoisapproximatelyequaltothedividend.Ifaftertheex-dividendiscompleted,thestockpricerisesclosetoorexceedsthestockpricebeforetheex-dividend,thedifferencebetweenthetwoismadeup,whichiscalledinterest-filling.
Parvalue:Referstotheparvalueofthestockoriginallyorderedbythecompany.
Последни пазарни котировки
Фондов пазар в САЩ
As"Sandy"isabouttolandontheeastcoastoftheUnitedStates,majorUSexchangesclosedthetradingfloorandelectronicplatformsonthe29th.Allstockandoptiontransactions.
Европейски фондови пазари
Индексът на средната цена на лондонския фондов пазар "FinancialTimes" на 100 акции затвори на 29-ти, затваряйки на 5795,1 пункта, по-малко от 11,61 пункта спрямо предишния борсов ден, понижение от 0,2%. Индексът CAC40 на парижкия фондов пазар във Франция затвори на 3408,89, спад с 26,2 пункта или 0,76% от Индексът DAX на фондовата борса във Франкфурт в Германия затвори на 7203,16 пункта, спад от 28,69 пункта или 0,4% от предходния ден на търговия.
Икономически данни
AffectedbyHurricaneSandy,followingthesuspensionoftradingonthe29th,theNewYorkstockmarketwillremainclosedonthe30th,whichwillbetheNewYorkStockExchangeformorethanacenturyForthefirsttimesince,themarketwasclosedfortwoconsecutivedaysduetoweather.
Стоки
As"Sandy"isabouttolandontheeastcoastoftheUnitedStates,majorUSexchangesclosedthetradingfloorandelectronicplatformsforallstockandoptiontransactionsonthe29th.
Ситуация с чуждестранна валута
As"Sandy"isabouttolandontheeastcoastoftheUnitedStates,majorU.S.exchangesclosedallstockandoptiontransactionsonthetradingfloorandelectronicplatformsonthe29th.
Последни новини
[U.S.companies’performanceinthisearningsseasonshowsthatthehighertheproportionofoverseasbusiness,ortheworsetheperformance]FormanyU.S.companies,thisearningsseasonisscaryenough,Andforthosecompanieswithhugeoverseasbusiness,thisissimplyahorrorshow.
[Greekbankersmustmeetcapitaladequacyrequirementsthroughcommonstocks,etc.-news]PeoplefamiliarwiththematterItwasrevealedonMondaythattheGreekbankingindustrywillfaceacoreTier1capitaladequacyratioof9%whenitadvancesitscapitalrestructuringplan,andmustissueordinarysharestomeetacoreTier1capitaladequacyratioofatleast6%,andtheremainingpartwillbeItwillberaisedthroughtheissuanceofconvertibleinstruments.
[Europeanstockscloseddownandthehurricanehitsinsurancestocks]EuropeanstocksfellonMonday,andinsurancestocksledthedecline.MarketexpectationsareapproachingthepossibilityofastronghurricaneontheeastcoastoftheUnitedStatesThedamagecausedwillhurttheprofitsofinsurers.
[U.S.gasolinefuturesjumpedduetoHurricaneSandy,crudeoilfuturespricesfell]U.S.gasolinefuturesrosesharplyonMonday,andtheindexcrudeoilfuturespricesfellduetoHurricaneSandy.DiledtoasignificantslowdowninfueldeliveryontheeastcoastoftheUnitedStates,majorrefineriesclosed,oilpipelinesandportsclosed.
[Googlereleasedthefirst10-inchNexustabletandNexus4mobilephone]Googleannouncedtheadoptionof10onMonday.Nexus10tabletwithaninchscreen,andupdatedthemobileproductlineandonlinecontent.
[Нетна печалба на Sinopec за третото тримесечие се е увеличила с 65%от тримесечие до тримесечие]Големият азиатски рафинер, Sinopec, каза, че третото тримесечие на нетната печалба за тази година се е увеличила с 65%от тримесечие до тримесечие, което е доста по-високо от пазарните очаквания, главно поради преобръщането на двата рафиниращия и химическия бизнес загубивпечалби.
[Chinahasbecometheworld'slargestforeigndirectinvestmentdestination-MinistryofCommerce]Chinabecametheworld'slargestforeigndirectinvestmentdestinationinthefirsthalfofthisyear.Inthisregard,theChineseMinistryofCommerceTheheadoftheForeignInvestmentDepartmentsaidonMondaythat,despitethecurrentslowandtortuousglobaleconomicrecoveryandtheincreaseinuncertaintiesandunstablefactorsfacinginternationalinvestmentcooperation,Chinastillmaintainsastrongcompetitivenessinattractingforeigninvestment.
[Renminbiclosedslightlyhigherthantheintradayhigh]ChinaForeignExchangeTradingCenter'sRenminbiroseslightlyagainsttheU.S.dollaronMonday,breakingfromtheintradayrecordhigh.Intheafternoon,therewasaconcentratedpurchaseofforeignexchangeintheoilpan,andtheU.S.dollarindex.DXYstrengthened,bothThegrowthrateoftherenminbihasnarrowed.
[China'sSMEDevelopmentIndexcontinuedtodeclineinthethirdquarter]AccordingtodatareleasedbytheChinaAssociationofSmallandMediumEnterprises,China’sSMEDevelopmentIndexinthethirdquarterofthisyearwas87.5,adecreaseof2.8fromthesecondquarter.Point,thecontinueddownwardtrendhasnotbeenreversed,andtheindustrialindexhasfallenthemost.
[PenguinGroupandRandomHousewillmergetoformanewjointventure]PearsonandBertelsmannAGagreedonMondaytoPenguin,itsbookpublishingbusiness,mergedwithRandomHousetocreatePenguinRandomHouse,theworld'slargestbookpublishingbusiness.