China A shares fell on Tuesday with the Shanghai Composite Index falling below 2,900 points

Mondo Finance Updated on 2024-01-31

**: Northeast News Network.

China News Service, Beijing, December 26 (Reporter Chen Kangliang) China's A-shares "cold" on the 26th (Tuesday), the main stock indexes were all **, and the representative Shanghai Composite Index opened low on the same day, ** fell below the 2,900-point mark.

As of the day**, the Shanghai Composite Index was at 2,898 points, down 0.68%;The Shenzhen Component Index was reported at 9157 points, down 107%;The GEM index was reported at 1808 points, down 126%。

Wang Shijin, an analyst at Capital **, said that the recent hot topics in the A** field are generally lacking, and the funds are relatively confused in the short term. The lack of investor confidence has led to a relatively muted market response to many good news, and the New Year's Eve factor has also put pressure on the capital side to a certain extent.

In terms of specific sectors, most of the A-share sectors on the day**, but some sectors also bucked the trend**. According to the data of Oriental Wealth, a financial data service provider, the shipbuilding sector and the Internet service sector are respectively **267% and 245%, the largest decline;The fertilizer industry sector and the public utilities sector are respectively **268% and 195%, outstanding performance.

Looking forward to the market outlook, Wanlian ** analyst Yu Tianxu believes that in the context of the Federal Reserve's policy shift to easing expectations, the external liquidity of A-shares is expected to improve marginally, and foreign capital may gradually return to the A** field

According to **, despite the adjustment of the major A-share indices at the end of the year, there is a clear trend of reverse investment through ETFs (exchange-traded **). According to the data, as of December 22, the net subscription share of ETF funds since December has been close to 69 billion, while the net subscription share in October and November was less than 20 billion. Among them, the net subscription share of ETFs reached 22.8 billion shares last week, which hit a new high since the fourth quarter.

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