不投资银行股是做无米之炊 Don't investment bank shares is making bricks without straw

　　央视财经频道特约评论员林耘(博客,微博)8月31日在其微博中表示，“16家上市银行盈利在所有上市公司的盈利占比超50%，投资A股不投资银行股，近乎是做无米之炊。”

The financial channel CCTV special commentator LinYun(blog,Micro bo)August 31, in its micro bo said,"16 listed bank earnings in all the listed company profits accounted for over 50% than,Investment A share not investment bank shares,Near is making bricks without straw."

　　据悉，目前沪深两市上市公司中报披露完毕， 2455家上市公司披露中报共录得净利1.02万亿元，这一数据较2011年同期出现了1.54%的下降，预示着经济复苏前景仍然堪忧。银行业仍表现抢眼，16家上市银行净利润5452.29亿，占比高达53.57%。

It is reported,At present, Shanghai or shenzhen, two cities listed companies the disclosure center daily news, 2455 listed companies to disclose center daily news were recorded to net profit is 1.02 trillion yuan,This data is compared with the same period in 2011 appeared 1.54% decline,Indicates the economic recovery prospects are still worried.Banking performance still grab an eye,16 listed bank net profit of 545.229 billion,Accounted for more than 53.57%.

　　数据显示，在2012年中报业绩中，工商银行(601398,股吧)等10家上市公司名列利润榜的前十位，上半年合计净利润总额达到5663亿元，同比增长8.12%。这十家公司净利润占据了全部上市公司净利润的56%，其中7家为银行。另外三家分别为中石油、中石化和中国神华(601088,股吧)。虽然上半年A股公司整体盈利过万亿，但仅有119家公司提出半年度分配预案，占全部上市公司的4.8%。数据显示只有33家公司推出高送转方案，占比不到三成，而去年同期占比接近六成。

Data display,In 2012 NianZhongBao in performance,Industrial and commercial bank of(601398,guba)10 listed companies profit ranked the top ten list,In the first half of the total net income amounted to 566.3 billion yuan,Year-on-year growth of 8.12%.This 10 companies net profit occupied all the listed company net profit of 56%,Seven home for bank.Another three are in oil/Sinopec and China shenhua(601088,guba).Although A shares of the company in the first half of one trillion the overall profitability,But only 119 companies put forward semi-annual allocation plan,Accounted for 4.8% of all listed companies.Data showed that only 33 companies launched high send turn scheme,Account for less than thirty percent ratio,And for the same period last year than close to sixty percent.

　　李大霄

LiDaXiao

　此时是养老金入市最好时机 Now is the best time to the pension market

　　沪指步步走低，早已破了“钻石底”。作为首提“2132为钻石底”的英大证券研究所所长李大霄仍坚定看多，多次发布言论力挺大盘。8月31日李大霄在其微博上表示，一个小迹象需要重视：随着金融股渐渐稳定，牛角股地产好像也渐渐企稳。于是有不同观点的网友在其微博上调侃到“大校去忽悠养老金入市 吧。”

Boomed in lower at every step,Had broken"Diamond bottom".As the first mention"2132 for diamond bottom"The big securities institute director LiDaXiao still see more firm,Issued several speech force is grail.August 31, LiDaXiao in its micro bo said,A small signs need to pay attention to:Along with the financial gradually stable,Horn strands of real estate as if also gradually stabilises.So there are different points of view on the net friend in the micro bo to ridicule"Senior colonel to flicker the pension market it."

　　李大霄亦在微博上回复此消息到：“不是忽悠，此时是养老金入市的最好时机！”。

LiDaXiao also in micro blog to reply to this message:"Not flicker,Now is the best time to market pension!".

　　9月1日李大霄又更新微博表示看多。他说，“8月中国制造业PMI为49.2%环比降0.9个百分点，显示经济增长动力有待加强，进一步稳增长措施还需加力，还需要重视保证投资力度，改善出口企业政策环境，货币政策继续保持适度宽松成为大概率事件，证券市场已经反映了宏观面的状态，无需过分悲观。然扶持证券市场政策也需加力才是。”

On September 1, LiDaXiao and update micro bo said more than to see.He said,"In August, China manufacturing PMI is 49.2% month-on-month drop 0.9%,Showing the economy growing power should be strengthened,Further steady growth measures still need to strength,Also need to pay attention to guarantee investment,Improve the export enterprise policy environment,Monetary policy to keep moderately loose become a big probability event,Securities market has reflects the macro state,Need not too pessimistic.But the support stock market policy also needs strength is."

　　谢百三

Thank 103

　不要谬判底部 Don't paradox sentenced to the bottom

　　复旦大学教授，金融与资本市场研究中心主任谢百三近日在其微博中表示，股票累创新低最主要因素是中报集中出来，很多公司业绩很差，令投资者失望。新股还在发，本周下周都有。这其实已经是一个大熊市了，什么黄金底、钻石底，统统打穿，今后再也不要谬判断。

Fudan university professor,Financial and capital market research center director xie 103 recently in its micro bo said,Stock tired low innovation is the most important factor center daily news focus out,A lot of company performance is very poor,Make investors disappointed.New shares is still in hair,This week there are next week.It is a big bear market the,What gold bottom/Diamond bottom,All play wear,Don't judge future paradox.

　　8月收盘，沪深股市均创出年内新低及3年半收盘新低。其中，沪综指下跌2.62%，月K线四连阴为8年来首次出现；深成指下跌9.36%，为近一年最大单月跌幅，四连阴走势为10年首次出现。

August closing,Shanghai and shenzhen stock market makes a new low all year and 3 and a half years closing low.the,Shanghai composite index fell 2.62%,Month K line four even Yin for 8 years first appeared;Shenzhen composition index fell 9.36%,For almost a year biggest decline month,Four even Yin trend for 10 years first appeared.

　　他还表示，“深沪股市都创近几年来盘中和收盘新低，令人心寒心痛。目前股市走势和宏观经济走势是吻合的。炒底抢反弹要慎之又慎。”

He also said,"Deep Shanghai stock market in recent years are and plate and closing low,Stubbly coothardy chill heartache.At present the stock market trends and macroeconomic trends are consistent.Fried bottom rob rebound to err on the side of caution."

　　连平

Even flat

年内难以大幅降息 Years hard to cut interest rates sharply

　　交通银行(601328,股吧)首席经济学家连平近日在其微博中表示，年内为何难以大幅降息？理由如下：经济增长筑底企稳后小幅回升可能性较大；物价年底后可能步入新一轮上行周期；再度降息会毋庸置疑地被房地产市场解读为利好；6月以来市场实际贷款利率已经开始下降，降息作用正在实现；中外利差进一步收窄会加大资本流出压力。年内利率政策可能的区间是基本维持或再降一次。

Bank of communications(601328,guba)Chief economist even flat recently in its micro bo said,Why difficult to cut interest rates sharply year?For the following reasons:Economic growth at the bottom of the building after the stabilising rebounded slightly more likely;After the end of the price may enter a new round of rising cycle;To cut interest rates again will no doubt be the real estate market for good reading;6 months market actual loan interest rate have begun to decrease,Cut function is realized;Chinese and foreign carry further narrow will increase capital outflow pressure.Years may interest rate policy of interval is the basic maintain or drop a.

　　(黄作金 整理)

(Yellow as gold finishing)