Yesterday** finally closed in the red, and the ChiNext index edged ** close to 1%. However, the performance was not ideal, with only about 1,500 companies rising in shares, while 3,700 companies were falling by an average of 114%。The trading volume increased significantly, and the total turnover of the two cities reached 960 billion yuan, showing unusual activity.
In terms of capital flows, there was a net inflow of 400 million yuan of foreign capital and a net outflow of 13.7 billion yuan of domestic capital. This phenomenon reflects the pessimism of the market, where everyone is cautious and fears of headwinds.
Market analysts mentioned yesterday that the phenomenon of tight funds at the end of the year is affecting the behavior of investors and **. Some investors are starting to cut meat because they can't stand the pressure of the market. During such periods, there is often an unwarranted sell-off in the market.
In the face of the current "crisis", investor sentiment is generally low. However, from the market's point of view, this is a time to cultivate confidence, not despair. After all, A** is more swing-driven than a long-term bull market. Historically, many major investment opportunities have been born in crisis.
For example, during the Sino-US war in 2018, ** performed badly, but this was the prelude to the market big ** in early 2019. Similarly, the pandemic at the beginning of 2020 led to a short-lived** market, followed by a significant **.
Therefore, investors should not panic excessively in the face of the crisis. The current market downturn could be a harbinger of a big market next year. This year, many people have high hopes for a post-pandemic economic recovery, but the reality has not met expectations, which has also led to a general lack of confidence.
However, now that many people are beginning to accept the reality, expectations for next year are not high. This low expectation may instead become a catalyst for the most important ones, especially in the fields of real estate, large consumption and new energy.
On the positive news in today's pre-market market, Morgan Stanley China A-share Index** (CAF) announced plans to buy back up to 20% of its outstanding shares, totaling about $51 million. Although the amount is not large, it is a positive signal for foreign capital to the A** market and may attract more capital inflows.
In the field of AI, **has appeared for two consecutive days**, of which the CPO sector has performed strongly. The share prices of the two leading companies, Zhongji InnoLight and Tianfu Communication, have been sharply **. This trend is reminiscent of the market performance in the first half of the year.
Today, tech heavyweights are the main targets of funding, including CPO's Zhongji InnoLight and Tianfu Communications, as well as other technology companies. Market analysts believe that this may be due to the fact that institutions began to adjust at the end of the year**, hoping to improve their performance by the end of the year. The AI industry chain, under the influence of Google's large model, and the strong performance of U.S. technology stocks, may become the focus of the market in December.
However, for these large** to continue to strengthen, market volume needs to remain high. Fortunately, as the market's money-making effect increases, the number of participants will increase, which will naturally lead to an increase in trading volume.
Whether it is new energy, artificial intelligence, or the Mao index, the recent frequent fluctuations in these sectors indicate that institutions are actively operating. Considering that the index is still below 3,000 points, there is reason for the market to be optimistic about the future.
Still, today's market performance is not entirely optimistic. Some of the better-performing companies, such as Tianwei Video and Yinbaoshan Xin, suffered a fall limit at the opening, and the market losses were significant.
* The fluctuations are always full of surprises and challenges. Yesterday's ** performance proved this once again. While the overall trend of the market is on the rise, the performance of ** is not satisfactory. This phenomenon once again emphasizes the importance of getting the rhythm right in **.
Recent market conditions have sparked a discussion about whether the "demon stocks" are over. While demon stocks tend to appear when the market lacks a clear thread, that doesn't mean their impact has completely disappeared. On the contrary, during the New Year's Eve, this type of ** may be active again.
Yesterday's meeting of the Politburo of the Communist Party of China attracted widespread attention in the market. Several key points mentioned in the meeting, such as the new wording of "seeking progress while maintaining stability, promoting stability through progress, and establishing first and then breaking down", indicate that the policy will pay more attention to the balance between stability and development. In addition, the meeting also put forward clear guidelines for the two-wheel drive of foreign trade and consumption investment.
For the market, this change in policy orientation could mean new opportunities. In particular, it is expected to bring positive changes in terms of increasing domestic consumption and expanding opening up to the outside world.
In addition, the recent crackdown on illegal and criminal activities has also brought some stability to the market. The joint action of the Ministry of Public Security and the China Securities Regulatory Commission has eliminated some undesirable factors in the market, which will help protect the interests of investors and the fairness of the market.
At the same time, the reform of public offering rates is also a topic worthy of attention. Although reducing transaction costs is a positive step, it doesn't solve all problems. The market needs deeper reforms to restore investor confidence and vitality.
In such a challenging market environment, investors need to remain calm and rational. The volatility may surprise you at the moment you least expect it. Keep a peaceful mind and enjoy life while also paying attention to the dynamics of the market.
Have a great weekend everyone