International business plays an irreplaceable role in promoting international exchanges and cooperation. How to do international business? Negotiation, making the appointment, signing contract, dispatching goods and making the payment are necessary, etc. On contract, both buyer and seller should have agreements on amount, commodities, quantities, lead time, ports, payment term, etc. Especially, the payment term directly decides whether it can insure both buyer and seller’s benefit. Two of the common payment terms are L/C (the Letter of Credit) and T/T (Telegraphic Transfer). In international trade activities, both parties may distrust each other. The buyer worries that the seller did not make the delivery as requested even the buyer make advanced payment. And the seller worries that the buyer does not make payment after the delivery or submission of shipping documents. Therefore two banks are needed as the guarantors of the buyer and the seller. Bank credit can be used instead of commercial credit. The tools used by the banks in this activity are the Letter of Credit. L/C can be divided into documentary credits and clean credits. Different from L/C, T/T (Telegraphic Transfer) is a kind of commercial credit. It is not as safe as L/C. But after long time cooperation, both parts will choose this kind of payment. Anyhow, L/C is the safest way among all the payment ways.
31 DecA shares next week’s inevitable turbulence still see 2800
GEM crash buried again involved the external risks
A shares next week’s inevitable turbulence still see 2800
Jingu Ming change to the stock market log —— interest, concern board soon
(October 30, 2009 Friday)
Index Tiaokonggaokai cities today and going, but obviously softened afternoon, 3,000 won and lost. Higher, because U.S. stocks overnight, commodities tumbled Wednesday after the sharp rebound Thursday, U.S. stocks rose 2% more; softened, GEM is the continued plunge from the amazing high, motherboards, power GEM short hair at the same time. Maximum 3027.13 points. Minimum 2983.93, the final Shanghai Stock Exchange rose 35.38 points, or 1.2
%, To 2995.85 points on turnover of 120.09 billion yuan, the amount prices rise slightly. With the poor, K line is yin star, close is still below the 5th line (3023) and the 10th Line (3047).
This week the market is so unstable and fluctuated, influenced by external factors large, does not seem to feature their own, becoming a “dog with the tail”, and Hong Kong stocks similar, not the true nature of A shares. From Friday to see Wall Street and other external markets, but also fell, U.S. stocks fell 2.5%, A shares will inevitably cast a shadow over next week and see next week to see the 2800 points so at all.
Disk EADS were mixed today, rebounding pattern, not the amount of amplification can be difficult to support such an EADS were mixed continuously. Merchants Bank, China’s oil have had significant support the market in creating a movement. Today the two cities up the ratio of individual stock level or 1359:84:300. Change ratio of about 4:1, and Thursday is just the opposite. 13 daily limit of two cities, Baiyun Mountain, Cheng Xing, Jin Jian, Song China, 900, dawn, red sun, Shenyang Machine Tool, plastic and so the Buddha, in addition to Shen machines, sudden have a large, non-foot shadow.
GEM open board, morning stir-fried, plate no lack of those two or three suspensions, the maximum number of times by the majority than the opening price had doubled to an intraday move up. Afternoon all the way down, high drop 34 percent. After-hours data show that hot money involved in the main, a total of 22 billion yuan in turnover, estimated “billions” dumb money quilt. For such movements, there is no sense of accident, 001 sold in the second before the suspension, sub-high, patient returns … … cash flow analysis, music & P, Ireland, Jifeng, Taiyue, Huayi, etc. The top capital inflows can be tracked. Disk feeling, Anke, Pathfinder, 100 million Wei also active. With industry, hot judged, you can track.
U.S. stocks head and signs of short-term, the Nasdaq more pronounced. K from the recent three-day line combinations and the amount to the situation, the decline is heavy volume, there will be a process of decline.
Board to see, next week or the main external influence, the GEM may come down substantially affected, tape is still in short-term impact of the decline. If you fall below 2975 points, but be careful watching, waiting for a big rebound opportunities.
Section, if the broader market continues downward, to prevent Budie phenomenon, do not blindly chasing the high. But the automobile, real estate, equipment manufacturing, real estate, banking, medicine, small plates, GEM, etc., or even after the attention given. Search leader board, leading stocks, when the shift is more sweet.
The key point position for tomorrow: 2975,2930,2900 points and 3000 points, 3050 points.
Tomorrow strategy: wait and see the main news of the movements concerned.
(Disclaimer: This article only as a diary of the Botswana stock market does not provide any other basis as the operation does not assume any related responsibility, awareness of the reader.)
29 DecGoal line and then into the lower half
Goal line and then into the lower half
Jingu Ming
Concerned about the change log —— stock plate to the attention
(October 27, 2009 Tuesday)
Gaps opened low today, the two cities form a unilateral drop in late fall with heavy volume, panic rise. Reduction is even faster than expected, more urgent, and good long preparation, began shipping yesterday. Maximum 3086.09 points. Minimum 3020.49, Shanghai Stock Exchange fell 88.11 points, or final 2.83
%, To 3021.46 points on turnover of 143.766 billion yuan, a drop in price increase in volume, there is capital flight, short-term increase in channel 5, 3072 intelligence points are below, reversing the trend line yesterday about “the next two days a callback “The forecasts come true. Thus, one is down upward gap, one is in Yin Xian, short-term change to the confirmation. Expected, there will be a continuation of downward trend in the process should continue until early next month.
Today disk. Dominated by strong unit, independent market majority, Changchun Yidong, Shuangliang shares, large Young Creation, Panda Fireworks, Yueda investment. Some pharmaceutical stocks, shares of new energy vehicles, and so ran out of paper stocks, contrarian strength. Contrarian speculation, one would not be easy, not enough experience and “resources”, the best little touch.
Today the two cities up the ratio of individual stock level or 217:65:1464. Change ratio of about 1:7; 6 daily limit of two cities, CIMIC, Jincheng shares, fine Lun electronics sector dragons; no limit-down, 7% more than the maximum or vice.
The main event. Shang Fulin said the bottom line of fund Rat and other three could not be broken, also pointed out that domestic institutions are not yet mature. This time that this is the case, it is interesting. Today, the market crash, do not know no such link. More severe influenza, also related to the market as a whole? Main should still wait and see mood, coupled with the decline in the external market. ICBC huge amount of lifting of the ban, or nearly 3%, should not be regarded as all the impact of lifting the ban, and the overall relationship between the market more vulnerable.
Technical point of view, the current round of price increase in the formation of the standard channel, line 5, supporting, in Tuesday’s sell-off were to break, even 10 lines has also been punctured to form a “line.” The key is that Tuesday’s fall gap, together with a large Yin Xian is a change to the confirmation of mark. Last Tuesday’s index up gap has been completely cover up the gap. Calorimeter, the fall in the delta today, the taste is not good.
View the market outlook, the trend will have a callback process, together with the GEM board Friday before trading opened, so that movement of the current round of adjustment will continue at least until next week. Midline, there is still run in the 2700 points to 3100 points, finishing the trend of large box, no event occurred, are difficult to break down.
The down line will once again become a target for six months, 2950 will be a battle near, once again below the half line is not surprising. However, based on the basic situation is not bad, down is not pessimistic, or will be another opportunity Shigekura band operation.
Concerned about the movement of plates: Genetically Modified Organisms plate to maintain heat. Real estate shares, adjusted intensified today, as the plate round one of the leading market leading the decline, but the market outlook is still bullish, is one of the next round of the object market, nonferrous metals, coal, etc. in line.
More plate current opportunities: non-ferrous, coal, steel, banking, real estate, pharmaceutical, chemical, automobile, new energy, small plates.
The key point and the next two days: 3000 points, 2980 points and 3060 points, 3100 points.
Tomorrow strategy: the decline in wet storage most Happy. Estimated rebound, do not chase. Wait for the next available opportunity Shigekura larger.
(Disclaimer: This article only as a diary of the Botswana stock market does not provide any other basis as the operation does not assume any related responsibility, awareness of the reader.)
28 DecWait for the results of 3000 point of contention
Wait for the results of 3000 point battle
Jingu Ming
Change to the stock market log —— concern, concern board soon
(December 18, 2009 Friday)
Decline in the Thursday start, there is no chance of reasons; with U.S. stocks open down, the five ministries to land new deal to take 50% down payment, A shares open lower today after rebounding weakness, repeatedly fell, led lower by property shares substantially. Maximum 3169.58 points. Minimum 3108.03, Shanghai Stock Exchange fell 65.19 points, or final 2.05%, to 3113.89 points on turnover of 118.9 billion yuan, the rate of reduction capacity reduction. Up flat down two cities the ratio of stocks 122:64:1587, breadth was about 1:12. Is still a daily limit of two cities, continuous adverse economic restructuring Wikipedia group two daily limit.
3100 points support the initial display, not conducive to weekend news of all is good, should not stabilized. Crazy expansion for the third consecutive week, this week is 11 shares, the market will remain under pressure. Climate Conference in Copenhagen have no real effect, environmental protection concept was. Estimated to be down next week, next point in 3000, will compete.
Analyze the market outlook: 3000 City market this year, up Tongdaoxiagui current location of the original, below chance is not easy. Time last Tuesday is the winter solstice, point and 3,000 point rebound opportunity is not small. However, a large expansion efforts, and perhaps bounce high is not high, the real bottom may be even so, a greater chance of the later part of next week? This adjustment continues, holding off New Year’s Day should be a few as.
The key point position for tomorrow: 3000 points, 3100 points and 3160 points.
Tomorrow strategy: wait for the turning point exactly at the bottom of the opportunity and ready for action. Not impulsive.
(Disclaimer: This article only as a diary of the Botswana stock market does not provide any other basis as the operation does not assume any related responsibility, awareness of the reader.)


