Today, ** has been soaring all the way, once again reaching the 3,000-point mark, and the GEM index has risen by 24. The Hang Seng Tech Index rose by 32%！The turnover of the two cities is approaching one trillion yuan, more than 5,000 ** are rising red, and the northbound funds are net ** more than 12.2 billion today.
Multiple good news landed on the big A shares! First of all, it is expected that there will be no new shares listed or subscribed for two consecutive weeks. It means that the pace of IPOs will be tightened in stages, and IPOs are likely to be frozen.
Secondly, the CSRC magnified the move! Among the leading institutions, they actively responded to illegal securities lending transactions. The suspension of disguised T+0 quantitative trading of securities lending and borrowing to prevent the black hole of A-shares can better reflect fairness. The black-hearted insurance capital wants to cash out through the two financings, and there is no door!
Third, due to the improvement of the A-share environment, not to mention the current absolute low valuation advantage of A-shares, foreign capital has appeared one after another, and since late January, foreign capital has begun to continue to ** A-shares, long-term allocation of A-shares, hedging the risk of high-flying U.S. stocks. Recently, geopolitics and Sino-US relations have become much quieter, so a considerable amount of foreign capital has returned.
Fourth, each round is led by technology stocks. On February 26, Huawei held a number of press conferences during MWC24 Barcelona. Huawei said that 2024 is the first year of 5G-A commercialization, and the company will work with global operators to actively explore the evolution to the 5G-A era. SASAC emphasized that it will accelerate the empowerment of new technologies such as artificial intelligence to create a number of competitive platforms and enterprises. It is necessary to accelerate transformation and upgrading, accelerate the empowerment of new technologies such as artificial intelligence, strengthen the coordination and cooperation of the first chain, information sharing, reduce the comprehensive cost of industrial logistics, and drive upstream and downstream enterprises to reduce costs and increase efficiency. Huawei has done this.
After recovering 3,000 points for the second time, the market sentiment has recovered rapidly, investor confidence has been greatly restored, and great expectations are placed on the market outlook. To put it bluntly, is this position** over, and how will it be interpreted in the later stage**?
Shanren believes that this round of the Spring Festival is off to a good start, and 3000 points may not be the end of this round. At present, the incremental funds in the market are also constantly intervening, and the enthusiasm for longs continues to rise under the rebound of sentiment and the boost of confidence. If it touches 3,000 points, the main force wants to ship, who will take over? Generally speaking, the main force has to create a big bull formation, and then rise more than 100 points before it can start harvesting, at least back and forth in this position, before it has the opportunity to ship. Pinch your fingers, judging from the time, you will have to wait until the two sessions.
However, standing at the 3000-point mark, we must be cautious. Real estate is weak, the contradiction of economic fundamentals has not been effectively resolved, the Spring Festival is not over, and there is still a great possibility of a double bottom. To put it bluntly, in this round, except for a certain team, a lot of big money has gone short. In the later stage, they will inevitably suppress the chips.