When the high valuation of the stock market frequently encountered myths

 Following the July 29, after the crash, the stock market recently came out of the five Lianyin trend. On Monday,UGG boots, the Shanghai index was Exploration to 3201 points. On the stock market after touching 3478 points go, the market is indeed a test of nerves.
called the strong stock market rally this year. If the low of 1664 points last year, counting from the case, the maximum index gain of 110%. during the period, both Phi heavyweight blue chips, have largely been a back round of speculation. In particular,UGG boots clearance, some of the subject shares,cheap UGG boots, stocks, the increase is even more alarming, like Shun Fat Sunny suspension before the reorganization has become , its share price is soaring, June 5 resume trading, shares rose 1,255 percent the day, and its owners have staged a day riches myth. In fact, not only in the interpretation of Shun Fat Sunny myth, this year , the myth of the market continue to unfold.
phenomenon I: Fund selling reproduction of hot situation. and the end of last year, TX Investment statistics show that as of July 31, this year announced a total of 75 new funds established in the first total over 186.3 billion yuan raised, each raising an average of nearly 25 million, while last year there were 99 new funds Notice the establishment of total amount raised was only 182.6 billion yuan. and the sharp increase in the formation of the Christian Democratic counterparts to open an account, then sale of the Fund myths, such as the Chinese three-day Shanghai and Shenzhen 300 Index Fund will be raised to 24.7 billion.
Phenomena II: substantial increase in the number of investors to open an account. stock market wealth effect is undoubtedly to attract investors into the market, account number 2894300 of 6.45 times. The influx of a large number of shareholders virtually driven the surge in stock market trading volume, the biggest beneficiaries of the very substantial commission income from brokerage, brokerage brokerage income has reportedly fetched the first half of 85.6 billion yuan. < br> phenomenon III: a large number of stocks or alarming. In addition to Shun Fat Sunny or alarming, but others, such as Jean-nickel industry, Rhine biological, Gaochun ceramics, Sunshine City, with 12 stocks rose more than 500%. rose more than 400 more than 50% of the stock only, more than 1,300 stocks to double. Even Phi not long, but still remarkable performance of individual stocks.
phenomenon IV: Issue of new shares at high prices and speculation by storm once again repeated. suspension of 9 months after the IPO restart, regulators want to play down the more are more than 30 times, even as Chinese architecture, Everbright Securities actually issued more than 50 times earnings, and price-earnings ratio is also the issue of Everbright Securities ranked fifth after the high of 2000. Not only that, the IPO has been speculation storm. From IPO first single to Sichuan Chengdu Guilin Sanjin, to the
staged this year,UGGs, the stock market myth is inseparable from the fundamental factors take a good market. However, with the stock market step by step higher, the market's valuation is also increased accordingly. As of August 7, Shanghai Stock Average level of 28.06 times earnings, the average level of Shenzhen 39.85 times earnings. And as of Monday, more than 100 times earnings in Shanghai and Shenzhen stocks reached 407, more than 50 times up to 687, more than 30 times up to 959, PE less than 20 times less than 80. can be said that the market is not much real In almost all the plates have all been speculation after the storm, there is not much market power of the uplink. recent index of the callback, just only the beginning, this, investors must have sufficient clear understanding by some brokerage firms do not forecast, the so-called