In today's **, we witnessed the break of 2923 points on the left side, which actually has three major driving forces. First of all, the large-scale redemption of institutional funds is the direct trigger for this round. With the opening of the three-year closure period, the people have chosen to redeem. According to CITIC**'s estimates, the current net redemption rate for the weekly scale is about 06%。From 30 at the end of the second quarter5 trillion copies, 30 trillion copies by the end of the third quarter, and 500 billion copies redeemed in the third quarter alone.
Such a large-scale redemption makes the public offering ** have to sell ** to deal with it, and their usual ** is 9 percent, which means that there is a net sale of about 30 billion per day. Since the public offering mainly invests in track stocks in the early stage, they also have to sell these ** when redeeming, and these track stocks are often hundreds of billions of companies, which also makes the market pressure more and more intense.
Secondly, the market expectation for CPI is -05%, which makes many people less confident about the future market. Although we are at a seemingly good time, most investors are still choosing to stay on the ground and are waiting for new lows to appear. This wait-and-see mentality makes it difficult to increase trading volumes, and market sentiment becomes sluggish.
Finally, some people in the market take advantage of this weakness to short-sell through channels such as refinancing, and even some major shareholders also participate in it, smashing the market with chips in their hands. In the face of such a situation, ** investors are obviously unable to bear it.
In general, the above three factors together have created a weak pattern in the current market. In order to change this situation, we need the entry of large funds, and we need the management to send a clear signal to investors that the bottom is in the market, so that the market will stop selling, and as long as the market stops selling, even if there is only a little buying, it can also drive the **. ##