本报讯 今日，国家统计局将发布备受市场关注的CPI和PPI数据，通胀的最新走向将很快得到呈现。按照市场上主要投行的预期，CPI将跌破2%，触及接近1.5%-1.7%之间的区域。业内基金经理对记者表示，预计今日的市场将平稳消化宏观数据，如果CPI低于预期，不排除市场会提高对央行出台进一步宽松政策的预期。

Report from our correspondent today，The national bureau of statistics will release the market focus is CPI and PPI data，The latest inflation will soon get to present。According to the market expectations of major investment Banks，CPI will fell below 2%，Touch close to 1.5%-1.7% between area。The fund manager told reporters，Today is expected to market will smooth digestive macro data，If the CPI lower than expected，Don't exclude the market will improve on further easing of the central bank's expectations。

　　此外，有消息透露，未来一段时间虽然央行大幅放松货币政策的可能性很小，但只要经济出现超预期的回落，决策层已经储备有足够多的应对方案，“兵来将挡，水来土掩”，保证经济的平稳较快增长。

In addition，A source said，The future for a period of time while the central bank a little chance of loose monetary policy，But as long as the economy in the fall than expected，Decision-making has reserves have enough solutions，“blocked，ShuiLaiTuYan”，Ensure the stable and rapid economic growth。

　　今日焦点：宏观经济数据 Today, the focus of：Macro economic data

　　国家统计局今日早间将发布7月最新的宏观经济数据，其中，CPI数据因可能会跌破2%步入“1时代”而备受市场投资人关注。按照目前市场上的主流预测，7月CPI同比数值将在1.5%-1.7%之间。

The national bureau of statistics today will be released early on July the latest macro economic data，Among them，CPI data for may enter fell below 2%“1 age”Are market investor attention。According to the current market forecast mainstream，July CPI up value will in between 1.5% and 1.7%。

　　深圳一位公募基金经理对记者表示，由于基数效应的缘故，市场对CPI回落已经有较为充分的预期，在此背景下，预计周四公布的宏观经济数据不会给大家带来太大的惊喜。但值得关注的是，如果CPI数据确实很低，那么不排除市场对央行近期降准的预期会再度升温。

Shenzhen a public enlisting fund manager told reporters，Because of the sake of base effects，The market fell back to the CPI has more fully expected，In this context，Released on Thursday is expected to macroeconomic data will not bring you too big surprise。But there is concern，If the CPI data is really low，So don't rule out of central bank must drop recent market expectations of heating up again。

　　另据消息人士透露，从未来一段时间的政策走向上看，货币政策可能会以稳为主，大幅放松的可能性并不高。尤其在信贷投放的拿捏上，为避免出现因地方政府投资冲动引致的新一轮货币扩张，信贷政策可能会较为审慎。但该人士强调，一旦经济在短期内出现超预期的回落，调控部门已经储备有足够的政策工具和应对方案，以确保宏观经济保持平稳较快增长的势头不变。

The other, a source said，From future over a period of time to see the policy，Monetary policy may with be give priority to，The possibility of a relaxation is not high。Especially in the supply of credit take hold on，To avoid for local government investment caused a new round of monetary expansion of impulse，Credit policy may be more prudent。But the emphasis on people，Once the economy in the short term than expected in the fall，Control departments have reserves have enough policy tools and solutions，To ensure the macro economy keeps steady and fast growth momentum remains the same。

　　闽灿坤B去向引人瞩目 Fujian tsann kuen B to eye-catching

　　除宏观经济数据以外，正处于退市边缘的闽灿坤B无疑是当前市场关注的一个热门话题。昨日晚间闽灿坤公告称，自8月2日起停牌以来，拟筹划的重大事项的可行性尚处于探讨、论证过程中，仍存在较大不确定性，经申请，公司股票继续停牌。

In addition to the macro economic data outside，Is in the edge of the retreat city fujian tsann kuen B is undoubtedly the current market focus of a hot topic。Late yesterday the fujian tsann kuen announcement said，From August 2 day since suspended，The plans of the to major matters of feasibility is still in the discussion、Reasoning process of，Still have considerable uncertainty，The application，Stock in a company to continue the suspension。

　　有分析人士认为，经管理层特许实施“缩股”或大股东宣布“私有化”是公司可行的两种避免退市的解决方案。但从目前官方的口径上看，闽灿坤B确实存在先退市，再重新上市的可能性。

Have analysts said，The chartered management implementation“Shrink shares”Or big shareholders announced“privatisation”Is the company feasible two avoid retreat city solutions。But from the official on the calibre of the watch，Fujian tsann kuen B does exist to withdraw from the market，The possibility of listed again。

　　记者注意到，上海证券交易所网站在头条显要位置全文转载了三大报关于《B股公司重新上市的可能路径》的文章，文章以“业内权威专家”的视角解读了闽灿坤B退市后重新上市的可能路径。交易所在自己官方网站用于发布最新政策的版面讨论退市话题，大有向社会“征求意见”的意味。对于闽灿坤B以及与之相关的退市制度安排，我们也将保持持续密切关注。

Reporters noticed that，Shanghai stock exchange website influential position in the headlines about the three major newspapers reprinted the full text《B shares listed company to the possible paths》article，Based on“The industrial authoritative experts”From the point of view of the explanation of fujian tsann kuen B retreat city again after the listing of the possible paths。Exchange in his official website for distributing the latest policy discussion board retreat city topic，Greatly to the social“For advice”that。For fujian tsann kuen B and related retreat city system arrangement，We will also remain close attention。