交通银行连平：资本市场具备趋势性上涨条件

Bocom lian: capital market has the rising trend

Bank of communications has announced the latest issue of bocom wealth sentiment in China, at present our country well-off family's wealth boom conditions are analyzed. For residents pay attention to the stock market and real estate investment hot spot problems such as, bocom's chief economist, even accept the securities times reporter's interview.

Securities times reporter: a-share market in the dragon at the end of A strong rebound, reunited once divided capital market sentiment. Snake in the a-share market have to dance "xia" investment opportunities?

Lian: from this period we are on the domestic household survey data, stock and fund investment income from a well-off family negative quick recovery during the interval, in all kinds of investment products, investment earnings growth in the first place, investor optimism is gradually recovering. Current well-off family current assets investment rose 13% than the previous period. We believe that the better macro economy, corporate profits, to improve liquidity in the market and reform the bonus expectations and so on four big factors, capital markets have rising trend.

Securities times reporter: as the real estate market heats up faster, escalated over the recent regulation policy, what's your opinion about this?

Lian: in January, with a line and some second-tier cities real estate market heats up, house prices rose has widened, rising on the housing market expectations. This phenomenon also to respond in the wealth of the current climate index. A well-off family in current real estate investment will set a 30-month highs. From a well-off family attitude to house prices, this is bullish well-off families than the previous prices rise further, also further growth. At a state council executive meeting on February 20th, introduced "the five", aimed at stable prices are expected in a timely manner. Of 2013 real estate policy we think: one is the regulation and control policy tone the same, a long-term mechanism in advance. Second, continue to promote affordable housing construction, focus on supporting and management. Three is the reform of property tax timely advance, short term not fully rolled out.

Securities times reporter: how to see the future for a period of time within the bank of China wealth sentiment moves?

Lian: index path in the short term is still expected to continue upward: one is that with the recent domestic demand and the real economy to recovery, a modest uptick between China's economic recovery form has been basically established; 2 it is policy, 18 large report clearly put forward the "one thousand ways to increase people's income", to "protect the labor income", "multi-channel increase residents' property income". Recent central economic work conference held further release "actively yet prudently proceed with urbanization", "expand domestic demand", "implementation of the proactive fiscal policy and prudent monetary policy" and "structural tax cuts helped stabilise the well-off family confidence in economic development and the increase of the wealth, especially the two sessions on the eve of policy expectations will continue good market optimism; Three is seasonal factors support index trend upward.