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从目前我国证券市场的资金面来看,基金业迅速扩容、社保基金和QFII即将入市、证券公司和其他机构的日益壮大,都为股市的向上提供了充足的资金保障,但是同时应该看到,下半年新股扩容加速将增加对资金的需求,对行情也将产生不利影响。以下对市场资金的各个影响因素进行简要分析。三大渠道涌入增量资金社保资金入市根据公布的社保基金2002年年报,截至2002年12月31日,全国社保基金权益总额为1241.86亿元。按《全国社会保障基金投资管理暂行办法》有关投资证券投资基金、股票投资的比例不得高于40％的规定,社保基金投资
From the current capital market of China’s securities market, the rapid expansion of the fund industry, social security funds and QFII is about to enter the market, securities companies and other agencies growing, all for the stock market upward to provide adequate funding, but at the same time, The second half of new shares to accelerate expansion will increase the demand for funds, the market will also have a negative impact. Following a brief analysis of the various factors of market funds. Three channels into the incremental funding of social security funds into the market According to the announcement of the Social Security Fund Annual Report 2002, as of December 31, 2002, the National Social Security Fund total equity of 124.186 billion yuan. According to the “Interim Measures for the Investment Management of the National Social Security Fund” on the investment securities investment funds, the proportion of stock investment shall not exceed 40% of the provisions of social security fund investment