Tuesday, November 23, 2010

Today, the stock market and no peace

 China's stock market today stock market once again restless
8 am May 25, 2010 Tuesday
open daily must-read
1, the Dow fell 126 points the Nasdaq down 15 points
taken over by Spain Cajasur bank caused investors to worry about the financial system in Europe, U.S. stocks fell sharply on Monday, the major indexes accelerated in the late fall, led by financial stocks.
the Dow fell 126.82 points to 10,067.10 points, down 1.24%. Nasdaq down by 15.49 points to 2214.93 points, down 0.70%; the S & P fell 14.04 points to 1073.65 points, down 1.29%.
New York oil prices closed at $ 70.21 slightly higher; the price of gold approaching $ 1,200 1.5% rebound.
(sand: This is today the Chinese stock market was one of the reasons no peace.)
2, 24 journalists from the National Development and Reform Commission was informed that the Industrial Development and Reform Commission, Institute of the researcher, Kong Jingyuan Secretary not to real estate issues and relevant comments of foreign media interviews.
(sand: 1, do not forget,
2, as the East China Normal University Institute of Business and Economic Development Dr. Li Zhilin said: . all the misinformation in society!
5, in the old sand view, let alone three years, ten years of real estate taxes are also no chance! If the so-called head, and increase people's housing costs, in time people will find that the home buyers who made a number of taxes, high prices, one of the reasons is because property taxes too, if the government also benefits, but also part of the tax to the people, I believe prices will not be so high as they are now! )
3, accusing him of re-financing for the first time by the Bank of convertible bonds from the Commission's news release
24 issuance examination committee meeting of the China Securities Regulatory Commission issued in 2010 the first trial will examine 81 Bank of China by the convertible bond application. Also, to be held in 2010, 28, 84 secondary review, audit applications placement of shares of Bank of Communications.
after the Bank of China announcement, the proposed public offering of A shares of convertible bonds a total of not more than 40 billion yuan.
(sand: effects of bank shares is not making money, but also a signle misappropriating from the market, how investors optimistic about the banking sector is called?)
4, the State Council approved the implementation of the Yangtze River Delta Regional Planning
Recently, the State Council officially approved the implementation of Delta overall strength and international competitiveness of the major decisions and plans, in-depth implementation of the overall regional development strategy to promote national economic development is another important step.
(sand: refers to the Yangtze River Delta, Shanghai ,UGG bailey button, Jiangsu and Zhejiang provinces.)
feeling of the old sand
1, the most important news is that today, ; property tax levy will start the maintain the property taxes like stamp duty, as the stock market rumor has become a tool for short, the shadows are not eliminated,UGG boots cheap, the stock market may break the peace. foggy taxes, is a trumped-up bad, but today the ghosts turn stir up trouble,cheap UGG boots, and horizontal village!
4, then again, house prices did not fall down, but the money to buy a house fell down!
5, no matter how real estate ownership tax spoiler out time and time again, the old sand still have to emphasize: not too long, people will find that *** the latest on the measures to stimulate the economy, directional adjustment!
together bubble Bo
in hosting the br> The following Links Dr. Li Zhilin recent article mm
Crack plunged 2900 points, 2800,2700,2600,2500 points, or up to 22%. trump card is the extensive media coverage: Shanghai in the eight points to keep tax.
Although the Director of National Tax Administration of Press newborn cattle in the across the country. then again the stock market dive.
view of this, maintain the property taxes like stamp duty, as the stock market rumor has become a tool for short, the shadows are not eliminated, the stock market break was peace. it is necessary to note .
1, maintain the property tax levy, property tax does not meet the regulations. Although Western countries imposed, but the Canadian people is that even real estate are the privatization of land, only the Chinese people the right to own property, and has 70 years of use period, To maintain tax levy, the first may be owned by private land ownership, at least 70 years of use period should be abolished. Strangely enough, this involves the vital interests of hundreds of millions of home affairs, local government was able to cross the NPC, over legislation and the democratic process, given a free hand, acting on their own, but also establish standards with great fanfare by the media, set tax rates, engage in the pilot, the legal system, the gap is astounding.
2, the meaning of 30 M2 per capita than if regarded as , Beijing, Shanghai area and 200 million below the house? Are they forced to move to the countryside? if has two suites, three suites counted as how housing benefit points in early count? elderly housing count how left? urban relocation compensation count how many suites? young maiden name to have the parents room, how counted together in marriage? a family, although with suite but are actually so many old people living in both suites count how many? Hong Kong, Taiwan, and foreigners in China have counted how many suites? to prevent deflation in 98 years when the response to the government sell and promote consumption, twisted called deflation The suite count how many to buy? not rent a rotational basis for a better life only to live in suites count how many? revolutionary martyrs, the disabled, the introduction of talent from abroad count how many suites? so on and so forth.
3 , to maintain tax contrary to the principle of freedom of investment. real estate as an investment product, thousands of years has been China's banking tradition. in the market economy, people have money, or investing in stocks, or investment property, or investment works of art, or invest in gold, or investment industry, or investment options, which are individual rights and freedoms. as long as the legal origin of funds, investment channels legitimate, legal transactions, such as protection of private property that should be protected. If today provides two suites, levy taxes to maintain the three suites, then tomorrow it could provide a much more than the number of shares, works of art, gold, industry, stock or renminbi deposits, but also must keep taxes levied? type of investment, although different, but the nature of the investment is the same.
4, new taxes can not be traced back in the past. even through normal legal procedures, to be imposed on the wealthy to maintain property tax, then the new tax law should also be the date of promulgation, the rich buy their property after the levy, but not rich complement of past real estate levy. This involves laws, regulations and contracts seriousness. if forced back in the past, is 10 years, 20 years of house, including 50 years or 100 years ago the house? is confined to the Chinese people, or including foreigners? If all regardless of indiscriminate collection, it would undermine the integrity and credibility of the government, to the detriment of the party's congress report of the br> 5, to maintain tax levy is difficult to ensure fairness. If the per capita area subject, then, different cities,bailey UGG boots, different parts of the city center and suburbs of how to grasp the difference? If the house value as a standard, based on purchase price calculation, or the market price calculated? price when they are subject? who assessed? assessment agencies and arbitration institutions who formed? Ruoyin corruption, through the back door, through unfair relationship in which the valuation is bound to intensify contradictions and trigger groups malignant events and endanger social order. More often, in order to avoid tax, leading to divorce, father and son from the relationship between the occurrence of a large number of cases of family disintegration and affect social stability.
6, maintain the property tax to destroy the whole market confidence. most liquid stock market, fell from 3181 based on 2870 points, due to rumors of ownership tax, but also a whole fell 400 points, in particular, Most people's immediate interests, undermined investor confidence. the housing market although the price is still carrying, but the volume is shrinking dramatically, there is no market price, once the tax levy to maintain true, the price is bound to avalanches, not only damaged the 60 related industries, and will result in the banks a lot of bad debts, put an end to economic recovery results. in a market economy, confidence is more precious than gold and currency. retain tax course, year after year can increase the stability of local government income, but to destroy the confidence of the market is .
7, inhibition of housing prices is to reduce the recipe, speculation in two suites, three suites are re-entry of capital gains tax). Otherwise, the city, especially downtown, second bottom of the crisis, the risk of inflation in China will become a deflation risk, therefore, the suppression of real estate can not be upgraded, to maintain the property tax must be clearly negative, the stock market have peace!

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