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By Zheng Buchun

A-shares continued to press ahead Thursday but with much slower pace. Shanghai Composite closed 0.33% higher at 3281.00 points. Other indexes have also seen similar trends. Xiong'an concept stocks continue to assume leadership with many soaring to their daily limit.

"Xiong'an New Area development" is likely to remain a hot topic for quite a long time. So, it is better to be a long-time investor. If you only want to profit from short term speculations, there will be times you make the wrong bet.

Studying the stocks benefiting from the Xiong'an New Area takes time. And perhaps only institutional investors can have a very clear picture of all those stocks. If your time is limited, study the turnover ratio! If a stock rise to its daily limit with small trading volume for several consecutive days, it is verly likely to be a "Xiong'an concept stock", such as Tangshan Jidong Cement Co.,Ltd.

No matter how good a concept is, remember only a few can truly benefit from it. So you are advised to choose primed "Xiong'an concept stocks" instead of others. And I believe most of the capitals will flow to those stocks in the end.

(Zheng Buchun is NBD's columnist)

 

Email: tanyuhan@nbd.com.cn

Editor: Tan Yuhan