Todaya**fieldStrong performance, Shanghai and Shenzhen marketsSubstantially**. Among them, what is particularly striking is that northbound funds have re-entered the market and appeared in a frenzied buying posture. According to the data, in just two hours of early trading, more than 11.3 billion yuan of northbound funds flowed into the north. If this inflow continues, then there is a good chance that the inflow of foreign capital today will refresh a new high in the near future. So, why is the northbound capital buying so wildly?I think there are three reasons.
First of all, A-shares are currently in the low valuation range, and the CSI 300 index is in the rangePrice-to-book ratiohas fallen to near historically low levelsSSE 50Indices have also experienced a longer period of time**, suggesting that valuations for many weights** have been very low. For foreign investors, this undoubtedly provides opportunities for medium and long-term layout. Northbound funds are mainly used to:Value investingMainly, apparently they believe that many core assets have hit low levels, so they have started a round of sweeping**.
Secondly, the last two daysU.S. dollar indexAccelerating**, market expectations for the Fed to cut interest rates next year have reached a high level. InRMBis expected to appreciate on the premiseU.S. dollar indexIn the stage of continuous adjustment, A-shares have certain advantages in attracting foreign capital to return.
Third,U.S. stocksThe three major indices continue to hit new highsU.S. stocksEnter a bullish trend. At the same time, Europe and other regionsIt also began to usher in *** at the same timea**fieldis in a value depression, a number of foreign-funded institutions have deployed A-shares through ETFs and other means, and are optimistic about A-shares, they will naturally support with real money**of the trend.
Well, the ** of foreign capital meansHas the ** of the ** already begun?I think that currentlyThe conditions for further ** are met, that is, ** has begun. Today, it's not just northbound capital that has entered in a big wayThe trading volume of the market is also in a state of high volume, and at the same time, domestic capital has also returned, which indicates that the market is optimistic about the prospects of the 2900 point position. Also, yesterdayIt also benefited from the support of disk protection funds, and in today's market performance, there are also some funds that continue to enter the ETF and promote the index. Therefore, we can consider that 2900 points has become the bottom line of this round. In addition, at this stage the market is facing:FundamentalsTechnicaland other changes, the ** of foreign capital is just the icing on the cake. fromTechnicalLook, the market has formed a round of the foundation of the worldFundamentalsAmong the positive factors is the market's response to the restrictions on restricted stock lending, which has effectively eased the market's concerns and boosted themInvestmentsConfidence. In addition, as external headwinds gradually dissipate,a**fieldIt needs to be repaired itself. The large amount of foreign capital has boosted market sentiment to a certain extentExponentswithChiNext IndexIt is expected to go further** and return to the integer digit. To sum up, we can be optimistic about the future of the market.
According to the latest data,a**fieldThe trend is showing an optimistic trend. First of all, northbound funds have flowed into the market again, which fully shows that foreign capital is interested ina**fieldconfidence and expectations. In just two hours in the morning, the inflow of northbound funds exceeded 11.3 billion yuan, a new high in recent times. Secondly, the increase in trading volume indicates that the market activity is increasing, and domestic capital is also starting to return. Finally,The index** also benefited from the support of disk protection funds, while some funds further increased their positions in ETFs, pushing the index upward. Judging by these data, the trend is positive.
The optimism of the market also helpsTechnicalwithFundamentalsof supports. fromTechnicalAnalysis,a**fieldAfter experiencing the triple bottom from last year to this year, a round of *** has gradually formedFundamentalsFrom the point of view, the market's positive response to the restrictions on restricted stock lending and securities lending has been effectively resolvedInvestmentsThe heated discussion on this matter has boosted market confidence. In addition, with the gradual landing of external negative factors,a**fieldIt needs to be repaired itself. The large amount of foreign capital has boosted market sentiment to a certain extentExponentswithChiNext IndexExpected further**.
Under the analysis of the overall situation, I thinkThe ** has kicked off. The market has further conditions, such as the large-scale increase of northbound funds, the increase in market volume, and the return of domestic capital. At the same time,TechnicalwithFundamentalsIt also gave the market some support. However,InvestmentsWe still need to remain rational and optimistic about the market outlook, and at the same time pay attention to risk prevention.