2008 11
2006727[2006] 1492006920
2008919200822008630
.......................................................................................................... 1
.......................................................................................................... 2
.............................................................................................. 5
............................................................................................ 13
........................................................................................ 17
............................................................................................ 26
.................................................................................... 26
............................................................ 27
............................................................................................ 35
............................................................................................ 45
........................................................................................ 46
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“ ” “ ” “ ” “ ” “ ” “ ” “ ”
“ ” “ ”
“ ”
1
2
3
/
T
T+n T n T
3
3
3
10%
4
2003 9 30
368
500 20
021-58368998
1.5
“ ” “ [2003]
100 2003 9 30 2008 1 2 5
[2008]6 AEGON International N.V 51% 49%
2008 7 7 [2008]888 1.2 1.5
2008 6 30 LOF 5
1
1962
1960
1963
1958 Paul Revere
6
Mar van Weede 1965
Imaad Zuberi 1973 1963
1964
1954
1959
1974 KPMG Prudential SunLife Everbright
1975
1959
3
1977 7
LOF 2007 2 6
2006 9 20 2007 12 28
4
3
LOF
1
2
3
4
5
6
7
8
9
10
11
12
1
8
2
3
1
2
3
4
5
6
7
8
4
1
2
3
4
5
6
7
8
9
10
11
12
13
9
14
15
5
1
2
3
4
1
1
2
3
4
5
2
1
2
3
4
5
3
10
1
2
3
4
5
6
4
1
2
11
3
5
1
2
3
4
5
6
7 12
6
1
154
154
1988 7 20
50
021-62677777-212004
021-62159217
2
1988 50
2007 8513.35 388.97 2007
85.86
2007 7 1000 13
145 2006 19 260 2006 37 100 10
3
28 30 100%
4
2005 4 26 [2005]74 2008 6 30 9 LOF LOF 404.59
1
2
3
1
2 14
3
4
5
6
7 “ ”
8
4
1
2
3
4
5
6
15
16
1
500 20
021 58368886 58368919
021 58368869 58368915
https://trade.xyfunds.com.cn
400-678-0099 021 38824536
2
1
154
25
021 52629999
95561
www.cib.com.cn
2
55
55
95588
010 66107914
17
www.icbc.com.cn
3
7088
0755 83198888
95555
www.cmbchina.com
4
25
1 1
95533
www.ccb.com
5
18
188
021-58781234
021-58408842
95559
www.bankcomm.com
6
500
12
021 61618888
021 63602431
95528
18
www.spdb.com.cn
7
2
95568
www.cmbc.com.cn
8
8 C
010 65541405
010 65541281
95558
bank.ecitic.com
9
6
010 68098000
010 68561260
95595
www.cebbank.com
1
99
021 68419393-1259
021 68419867
www.xyzq.com.cn
2
98
19
021 23219000
021 53858549
4008888001 021 962503
www.htsec.com
3
68
188
4008888108
www.csc108.com
4
35 C
010 66568047
4008-888-888
www.chinastock.com.cn
5
183 36 38 41 42
020 87555888
020 87557985
www.gf.com.cn
6
A 39—45
0755 82943666
20
95565 4008888111
www.newone.com.cn
7
588 26
021 68761616
4008888128 021 68761616
www.tebon.com.cn
8
200 39F
021 68604866
4006208888
www.bocichina.com
9
618
021-62580818
021-62569400
400-8888666
www.gtja.com.cn
10
69
0351 8686868
0351 8686703
0351 8686709
21
www.i618.com.cn
11
318 2 22 -29
021 63325888
021 50366868
021 962506
021 962506 40088-88506
www.dfzq.com.cn
12
63 12
021 68634518 021 68634818-8631
021 68865680
400-888-1551
www.xcsc.com
13
46
0771 5539262
0771 5539033
4008888100 96100
www.ghzq.com.cn
14
179
96888 400-8888-777
0551 2207114
22
www.gyzq.com.cn
15
171
021 54033888
021 54035333
021 962505
www.sw2000.com.cn
16
5047 10 25
0755 82492000
0755 82492962
400-8888-555 0755 25125666
www.lhzq.com
17
90
4008-888-168
025 84579897
025 84579763
www.htsc.com.cn
18
8
4008-888-999 027-85808318
021 63219781
23
021 51062920
www.95579.com
19
1508
10108998
021 68816000
021 68815009
www.ebscn.com
20
291
0791 6768763
0791 6789414
0791 6768763
www.scstock.com
1
19 B
010 66045522
010 66045500
010 66045678
www.txsec.com
24
368
500 20
021 58368998
021 58368858
256 14
256 14
021 51150298
021 51150398
989
021 24052000
021 54075507
25
2006 7 27 [2006]149
[2006]149 2006 8 15 2006 9
15 3,289,724,684.59 1,244,994.52 32397
2006 9 20
200 5,000
20
26
3 3
3
2006 10 23 2006 11 20
1 1,000 500 10 1
2 500 500
3 3
27
1 “ ”
2 “ ”
3 15:00
4 3
1
2
T T+1 T 2
3
T 7
1
1
28
M
M 50 1.5%
50 M 100 1.2%
100 M 1000 0.6%
M 1000 1000
2006 10 18 2006 10 23 10 50
2
2
25%
N
N 1 0.5%
1 N 2 0.25%
N 2 0
10
2006 8 26 10 10
3 3
4 29
1
= / 1+
/
10,000 1.05
=10,000 1+1.5 =9852.22
=10,000 9852.22=147.78
=9852.22/1.0500=9383.07
10,000 1.5% 1.0500 9383.07
2
×T
×
-
10,000 0.25% 1.0500
=10,000×1.05=10500
=10,500×0.25%=26.25
=10,500-26.25=10473.75
1 1.0500 10,473.75
30
3
T =T /T
4
T T 1
4
5
T 1 T 2
T 1
3
1
2
3
4
5
1 4
31
1
2
3
4
3 20
1
10%
2
1
2 32
10%
3 2
3
2
20
2006 11 23 2006 11 28
33
2006 11 23 2006 11 23
“ ” “ ” “ ”
34
65%-95% 0%-30% 0%-3% 5%
“ ” “ ”
1
“ ”
1
GDP CPI
2 /
3
35
2
“ ”
1
A B C
B
A
C
36
2
3
3
“ Stock Triple-Factors Filter System, STFS ”
4
“ ”
5
37
1
1
2
3
4
5
6
2
1
2
3
4
38
5
6
7
8
1
2
3
4
5
6
7
8
1 10%
39
2 10%
3 65%-95% 0%-30% 5%
4 0.5% 3 10
5 BBB BBB 10% 10% 10% 20% 3
6
7
6 10
80%× 300 15%× 5%×
300 300 A 300 A A 40
1
2
3
4
1
2
3
1
2
41
3
4
5
6
7
8
9
10
11
12
13
4
1
2
3
4
2008 2 2008 6 30
1
1
5,485,728,732.17 67.32%
42
2
1,319,298,999.10 16.19%
3
9,101,988.00 0.11%
4
1,171,674,868.17 14.38%
5
162,440,216.16 1.99%
8,148,244,803.60 100.00%
2
A
B
602,654,394.16 7.74%
C
2,124,951,024.27 27.28%
C0
444,178,663.24 5.70%
C1
235,096.40 0.00%
C2
24,825,645.51 0.32%
C3
790,039.26 0.01%
C4
551,750,484.55 7.08%
C5
30,358,763.34 0.39%
C6
648,126,567.34 8.32%
C7
345,181,328.38 4.43%
C8
73,747,337.85 0.95%
C99
5,757,098.40 0.07%
D
73,250,000.00 0.94%
E
F
274,138,396.69 3.52%
G
147,490,928.56 1.89%
H
231,989,419.57 2.98%
I
1,670,772,288.93 21.45%
J
184,981,221.77 2.37%
K
28,872,416.52 0.37%
L
79,414,921.56 1.02%
M
67,213,720.14 0.86%
5,485,728,732.17 70.43%
3
1
600036
28,119,178.00
658,551,148.76 8.46%
2
600016
64,448,715.00
367,357,675.50 4.72%
3
600176
12,254,639.00
279,405,769.20 3.59%
4
600019
31,699,442.00
276,102,139.82 3.54%
43
5
600000
12,094,146.00
266,071,212.00 3.42%
6
601088
6,839,370.00
256,955,130.90 3.30%
7
000895
6,888,522.00
256,941,870.60 3.30%
8
601318
4,991,217.00
245,867,349.42 3.16%
9
600309
11,048,743.00
206,942,956.39 2.66%
10
601666
4,692,200.00
175,769,812.00 2.26%
4
1,249,020,000.00 16.04%
70,278,999.10 0.90%
1,319,298,999.10 16.94%
5
1 08 34
480,400,000.00 6.17%
2 08 61
480,350,000.00 6.17%
3 08 19
288,270,000.00 3.70%
4 08
35,681,770.00 0.46%
5 08
10,251,661.60 0.13%
6
1
2
3
1
4,756,554.74
2
11,904,664.48
3
282,098.70
4
6,496,898.24
5
139,000,000.00
6
162,440,216.16
4
5
44
580021 CWB1 1,000,720 3,709,755.76
580022 CWB1 998,203 2,338,675.53
580023 CWB1 489,140 813,837.77
580024 CWB1 7,604,000 11,276,992.309,101,988.00 0.12%
6 10
2006 9 20 2008 6 30
-14.34% 2.16% -20.58% 2.60% 6.24% -0.44%
-27.47% 2.04% -38.46% 2.42% 10.99% -0.38%
-0.17% 1.86% -18.47% 2.08% 18.30% -0.22%
2008 6 30
160.53% 1.84% 82.13% 1.95% 78.40% -0.11%
45
1
2
3
4
5
6
7
8
9
“ ” “ ”
46
1
1
2008 9 16 2008 9 16
2
a 1
47
b
c 1
d
3
2
1
2
3
4
5
6
3
1 48
2
3
4
5
4
1
2
3
5
6
49
4 5 0.25% 0.5%
1
“ ” “ ”
2
1
50
2
3 “ ”
4
5
6
7
3
1
2
3
4
5 0.25% 0.5%
51
1
2
3
1 6 50% 3
2
3
4
52
5
6
7
3
1
2
3
4
5
6
7
8
9
53
1
1.5%
H
E ×1.5%÷
H E
2
0.25%
H = E ×0.25%÷
H E
3
H E×F÷
H E F 54
2
“ ” 4 9
1
2
3
4
3
55
1
2 1 1 12 31 3
3
4
5
6
7
1
2
3 2
56
1
2
3
4
5
6
1
3
1 6 45 15
2
57
3
2
3
4
5
6
90
60
15
2
58
2
7
2
1
2
3
4
5
6
7
8
9 50%
10 30%
11
12
13
14
15
16
17 0.5%
18
19
59
20
21
22
23
24
25
26
8
9
40
10
60
10
1
1
2
3
4
61
5
6
7
8
2
1
2
3
3
4
5
6 1 2 3 4 5
7
1 62
2
3
4
5
6
7
1
2
1
2 6
3
4
1 30
63
2
3
4
1
2
3
4
5
6
7
5
2 2
15
64
1
1
2
3
4
5
6
7
8
9
10
11
12
65
13
14
15
16
2
1
2
3
4
5
6
7
8
9
10
11
12
13
14
66
15
16
17
18
19
20
21 15
22
23
24
25
26
27
28
29
1
1
2
3
4
5
67
6
2
1
2
3
4
5
6
7
8
9
10
11
12
13
14
68
15
16
17
18 15
19
20
21
22
23
1
1
2
3
4
5
6
7
8
9
2
69
1
2
3
4
5
6
1 10% 10%
1
2
3
4
5
6
10
11
2
1
2 70
3
4
5
1
2
3 10 60
4 10% 10% 10 60 10% 10% 10 60
5 10% 10% 10% 10% 30
6
1 40 71
1
2
3
4
5
6
7
2
1
1
2 50% 50%
2
1 2
2 72
3 50% 50%
4 3
5
1
10% 10%
30
30
1
73
2
10% 10% 6
30 30
2
1
50% 50%
2
2
1 50% 50% 2
2
74
1
1
2
3
4
2
5
75
3
1
2 6
3
4
30
76
1
368
500 20
2003 9 30
[2003]100
9800
2
154
154
1988 7 20
50
[2005]74
1
1
77
, ,
2
1
65% 95%
0% 30%
0% 3%
5%
2
10%
10%
65%-95% 0%-30% 5%
0.5%
3 10
BBB BBB 10% 10% 10% 20% 78
3
3
6 10
4
5
3
1
2
3
4
5
6
7
8
4
79
2
5
1
2 2
2
80
3
6
2
3
81
1
2
3
4
82
2 2
/
83
1
2
/
5 84
15
1
4 5
1
2
1
1
2
a 85
1
b
c 1
d
3
2
1
2
3
4
5
6
3
1 86
2
3
4
5
4
1
2
3
5
6
87
4 5
0.25% 0.5%
1
“ ” “ ”
2
1
2
3 88
“ ”
4
5
6
7
3
1
2
3
4
5 0.25% 0.5%
89
1
2
3
1 5 3 2
2 15 10 5
3 , 45 , , 20 10
4 60 30 20
90
5 90 50 30
6
7
8 2
15
91
1
2
1
2
3
4
1 30
2
3
4
5
1
2
3
4
5
6
92
7
8
9
6
7
1
2
3
4
1 3
8
2 2
9
15
30
93
20
E-MAIL
https://trade.xyfunds.com.cn
400-678-0099 021-38824536
021-58368869
http://www.xyfunds.com.cn
service@xyfunds.com.cn
94
2008 3 20 2008 9 19
1
2008-3-24
2
2008-3-25
3
2008-3-31
4
2008-4-12
5
2008-4-19
6
2008-5-7
7
2008-5-12
8
2008-5-14
9
2008-5-27
10
2008-5-28
11
2008-6-2
12
2008-6-12
95
13
2008-6-27
14 2008 2008-7-1
15
2008-7-9
16
2008-7-9
17
2008-7-9
18
2008-7-10
19
2008-7-19
20
2008-7-26
21
2008-8-29
22
2008-9-2
23
2008-9-2
24
2008-9-16
25
2008-9-17
96
2008 11 3
97
