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做底仓

English translation: as core holding

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Chinese term or phrase:做底仓
English translation:as core holding
Entered by: William Lee (@Li Zhiqiang)

16:07 Apr 18, 2012
Chinese to English translations [PRO]
Bus/Financial - Investment / Securities
Chinese term or phrase: 做底仓
　该机构表示，股市偏平淡，上证综指仍将在2100点至2500点之间震荡，可以以消费股做底仓。2200点附近，加仓一些周期股（比如汽车、一线地产等），电子股受益于景气好转，券商股受益于制度改革红利；2400点以上，可减仓周期股、加仓消费股，进行波段操作。

Thanks in advance
William Lee (@Li Zhiqiang)
Singapore
Local time: 05:01
as core holding
Explanation:
As I understand this should be the part that the investor holds as the basic mix of the portfolio, i.e., for longer term holding rather than short-term (or even intra-day) speculation. It should be the Strategic Asset Allocation of one's portfolio.
Selected response from:

Fang Sheng
Canada
Local time: 17:01
Grading comment
Thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1as core holding
Fang Sheng
3take a large stake
Phil Hand


Discussion entries: 2





  

Answers


10 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
take a large stake


Explanation:
Because a lot of what goes on in Chinese markets would just be illegal in better regulated markets, the terminology isn't so common in English. I haven't been able to find anything that matches exactly, so I'm just basing this on the definition linked.

With the market hovering between 2100 and 2500, one option is to develop large stakes in low-priced consumer stocks, with the aim of driving the price higher, in a cyclical noise trading strategy. At around 2200, buy cyclical stocks; at around 2400 reduce the position in cyclical stock and buy consumer stocks.

Doesn't make much sense to me - perhaps the context makes it clearer.


    Reference: http://baike.baidu.com/view/1067892.htm
    Reference: http://www.maofou.com/jsfx/choumafenbu/gaokongpan.htm
Phil Hand
China
Local time: 05:01
Native speaker of: English
PRO pts in category: 3
Login to enter a peer comment (or grade)

22 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
as core holding


Explanation:
As I understand this should be the part that the investor holds as the basic mix of the portfolio, i.e., for longer term holding rather than short-term (or even intra-day) speculation. It should be the Strategic Asset Allocation of one's portfolio.

Fang Sheng
Canada
Local time: 17:01
Native speaker of: Native in ChineseChinese
PRO pts in category: 4
Grading comment
Thanks!

Peer comments on this answer (and responses from the answerer)
agree  Sharon Toh, MITI MCIL: Yes, use consumer stocks as core holdings.
12 hrs
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