2015年1月6日 星期二

6/1/2015







期指低水 45 點

昨晚全世界都話俾你知今日跌硬 !

不管你咩數字點靚 , 點合格都好 ; 大哥哥冇理由唔 "做".....

幅圖好合理 !

曾跌穿 23380 支持.....收係 200 天線( 23437 )之上 , 

真的算係咁 !

** 年底1231日收市 23,306.39 , 幾乎一鋪清袋 ! **

經濟消息 ~

《互通追蹤》傳深港通有望五一開通

《香港商報》報導,國家總理李克強昨日在深圳開腔力挺深港通,令市場聚焦深港通細節問題。深交所首席經濟學家季孟增稱,深港通有望於今年五一前後開通,初期額度安排與滬港通基本相同。未來兩架跨境列車並駕齊驅,可進一步推動人民幣國際化向前發展。

引用文章 ~

China Fast-Tracks $1 Trillion in Projects to Spur Growth
By Bloomberg News  Jan 6, 2015 12:00 PM GMT+0800

China is accelerating 300 infrastructure projects valued at 7 trillion yuan ($1.1 trillion) this year as policy makers seek to shore up growth that’s in danger of slipping below 7 percent.

Premier Li Keqiang’s government approved the projects as part of a broader 400-venture, 10 trillion yuan plan to run from late 2014 through 2016, said people familiar with the matter who asked not to be identified as the decision wasn’t public. The National Development and Reform Commission, which will oversee the projects, didn’t respond to a faxed request for comment.

The move illustrates concern among officials that China’s planned shift to a domestic-consumption driven economy has yet to produce enough growth momentum. The yuan rose, halting a two-day decline, and Australia’s dollar -- a proxy for China due to its shipments of iron ore and other commodities used in construction -- climbed after the news.

It’s part of China’s efforts to stabilize growth, and the news will help to boost market confidence,” said Julia Wang, a Hong Kong-based economist with HSBC Holdings Plc. “Infrastructure investment will continue to be a major driver for China’s economic growth.”

The approvals contrast with past moves to boost growth via infrastructure in which the government gave the green-light to projects individually. They are part of efforts to respond to weak output, according to the people.

Project Funding

The projects will be funded by the central and local governments, state-owned firms, loans and the private sector, said the people. The investment will be in seven industries including oil and gas pipelines, health, clean energy, transportation and mining, according to the people. They said the NDRC is also studying projects in other industries in case the government needs to provide more support for growth.

The NDRC’s spokesman, Li Pumin, said last month China would encourage investment in those areas.

The Economic Observer newspaper reported Dec. 26 on its website that an official from the NDRC’s Zhejiang provincial bureau said the government had approved more than 420 infrastructure projects needing investment of more than 10 trillion yuan.

Rail investments may exceed 1.1 trillion yuan this year as investments in the previous four years lagged behind the five-year plan for 2011-2015, Han Siyi, an analyst at Shenyin & Wanguo Securities, said at a conference in Shanghai today.

China has sought ways to stimulate growth without resorting to full-blown stimulus as it seeks to keep a lid on total debt that is now more than 200 percent of gross domestic product. The central bank added liquidity into the banking system last year and announced an interest-rate cut on Nov. 21.

Not 2008

It’s not 2008 again,” Zhao Xijun, a finance professor with Renmin University of China in Beijing, said in reference to a 4 trillion yuan stimulus China unleashed at that time. “When China launched the big stimulus package in 2008 to deal with the global financial crisis, China wanted nothing but faster growth; now China is focusing more on quality, efficiency and sustainability.”

China’s total fixed-asset investment in the first 11 months of the year was 45.1 trillion yuan. Infrastructure spending totaled 9.8 trillion yuan in transportation; environment and water management; and the supply of heat, gas and water, according to National Bureau of Statistics data compiled by Bloomberg.

Deutsche Bank AG analysts yesterday cut their expansion projections for this quarter to 6.8 percent, reinforcing their call for the central bank to step up monetary stimulus.

We expect growth to surprise to the downside in Q1 and policies to surprise on the loose side in 2015,” Deutsche Bank economists led by Hong Kong-based Zhang Zhiwei wrote. China will be hit by a “double whammy” of slowing property investment and a sharp decline in land sales by local governments, the analysts wrote.





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