Loose monetary policy powerless to secure the stock market is good in the property market

 Loose monetary policy powerless good safety stock in the property market
2009-11-25 daily news
11   24,UGGs, Hong Kong and the A-share market crash, but the central government must continue to loose monetary policy.
retreat into the monetary policy is directly determine the real estate market and capital market bubble size. Although the authorities maintained the policy has always stressed the continuity of Obama's visit to China the two countries also reached to continue to take economic stimulus consensus. but the recent string of data within the tight monetary policy, loose. National Day, after 6 weeks the central bank has a net return of funds from the market over one trillion yuan, due in the flush of funds, the net return of funds reached 663 billion yuan . The Wu Xiaoling, deputy director of the NPC Financial and Economic Committee has put forward, next year may raise the deposit reserve ratio. According to the Bank credit express this power drive less than full capacity. This year October 21, the CBRC issued subordinated debt issued new regulations in the mentioned, the main commercial bank's core capital adequacy ratio not less than 7%, other banks core capital adequacy rate of not less than 5%, or subordinated debt issued will be limited. According to market sources said the China Banking Regulatory Commission has asked the City firms will increase capital adequacy ratio to 10%, otherwise their market access restrictions. and then there is a market rumor large state-owned banks to enhance capital adequacy ratio to 13%, 11 23 evening, the CBRC spokesman last night to clarify the emergency position, the CBRC has no such requirement. If this is true, then, workers, construction, four cross the line are facing funding needs, as at the end of the third quarter, the bank's capital adequacy ratio did not reach 13%.
CBRC did not continue to increase even if the capital adequacy ratio requirements, the lending bank is also facing sharply this year, lending a bottleneck, no longer be as 2009, as liberal. banks shows that China's large-scale refinancing of credit expansion machine under great pressure.
bank in the yellow warning line. As of the end of the third quarter of this year, China Merchants Bank, Shanghai Pudong Development Bank and Shenzhen Development Bank's core 3 listed capital adequacy ratio was 6.61%, 6.76% and 5.2%, has been unable to reach 7% of the regulatory requirements. Huaxia Bank and China Minsheng Bank While there is no published quarterly in three core capital adequacy ratio, but the two banks medium-term core capital adequacy ratio were 6.84% and 5.9%, has been less than 7%. In view of the the amount of financing to refinance as much as 150 billion yuan over.
thing is so contradictory to next year's lending market, banks must first blood. blood bank risk scale that high.
6 months, deep the development of the proposed price of 18.26 yuan per share to the placement of Ping An, to raise funds not more than 10.68 billion yuan; September Shanghai Pudong Development Bank launched private placement, raising 15.0 billion of funds; October Merchants Bank plans A, H-share market stock placement The total financing amount not more than 22 billion yuan in the program through in just two months ago, the size of China Merchants Bank is only 180 billion; October, Bank of Ningbo announcement that the development to the issuance of no more than 4.5 million shares of A stock, to raise funds not more than 50 billion; Minsheng Bank plans to H share listing before the end of the financing, plans to raise the amount of 200 billion yuan or so,bailey UGG boots, the current amount of financing has been in 320 million yuan. According to Hong Kong billion financing plan, brokers estimate that the about to raise more than one hundred billion yuan. In the China Banking Regulatory Commission to clarify not raise the capital adequacy ratio at the same time, bank management to disclose the Mainland, did the authorities received notice of higher capital requirements, but did not mention specific figures, the bank's capital adequacy ratio standard. When we blame the U.S. Treasury to buy U.S. Treasuries artificially created credit, increase when the dollar issue, but forgot his own back yard are doing the same thing.
blood of the parties to intensify international, from the margin of safety perspective, the stock market better than the property market. the stock market this year by artificial constraints, a lot of money issued in the occasion, the maximum 3400 points,UGG boots clearance, however. GEM innovative enterprises of China's commitment to the future development of the international board are plans for a bear domestic and foreign enterprises and capital with communication features, and the motherboard market stability,UGG bailey button, continuing directly determine the hematopoietic function of central enterprises in China M & A, banking functions blood transfusion can be completed. So, the stage is not stable in the economy, the stock market must stable, neither high nor low to make people lose confidence of investors. Not surprisingly, we see the stock market in a narrow range, hovering around.
the property market in opposite directions, unchecked rise steadily, particularly in luxury up into the crazy stage, but since I Kui-Ran the relevant government departments are different. because real estate prices move up by the local government revenue to make up the deficiency, boosting domestic demand, the subtext is that, since so many wealthy people want to buy a luxury, why not so they bought for the financial, banking, and contribute to domestic demand, it?
property accumulated grievances be vented through the protection of the type of housing, so that luxury is essential to guarantee the type of housing is also counting on the funds money and luxury tax land auction it. Beijing, and other rental housing has been a record than, coupled with inflation and interest rates for each, the lease takes 100 years to recover the cost. Compared with the stock market, which is more secure, at a glance. < br> Note: The exchange of the afternoon in Hongkou and entrepreneurs. Most of the time, mostly one-man show, hope to have a variety of exchange opportunities, and sometimes important to listen than to tell.