After the continuous sharp fall of A-shares, today, the high-level finally offered a "killer feature"!
It boils down to at least three substantive initiatives:
On the 6th of the month, ** Huijin Company announced thatFully recognize the value of the current A** field allocation, has been recentlyExpandETFs** are overweight ranges and will:Continues to increaseIncrease the intensity of holdings, expand the scale of holdings, and resolutely maintain the smooth operation of the capital market.
Suspend the scale of new refinancing bondsWith the balance of the current refinancing securities as the upper limit, the scale of the refinancing securities of the new ** company will be suspended in accordance with the law, and the stock will be gradually closed.
On May 5, the Listing Department of the China Securities Regulatory Commission held a symposium to further optimize the regulatory mechanism for mergers and acquisitionsVigorously support listed companies to enhance investment value through mergers and acquisitionsSolicit the opinions and suggestions of some listed companies and ** companies, and exchange and discuss hot issues of market concern.
Recently, A-shares have continued to fall sharply, including three important reasons, one is the lack of market confidence, investors buy up rather than buy down. The second is that there are institutions and individuals who are shorting on a large scale, which exacerbates the lack of popularity and hot spots in the market.
In the face of lack of market confidence, everyone generally expects that the level of the first can come out. However, the announcement of the above **Huijin Company basically plays a leveling role. According to the announcement of **Huijin Company, "fully recognizing the value of the current A**field allocation" is equivalent to telling everyone that in the current range is the point that I am resolutely defending, and it cannot be sustained. Tell everyone that not only there are bullets, but also that they will be shot. Recently, many ETFs have increased dramatically, which is evidence of the national team's support.
In the face of a large number of short-selling, the China Securities Regulatory Commission suspended the scale of refinancing securities of new ** companies, and the stock was gradually closed. Recently, securities borrowing and lending has been the main means of short positions, and now the suspension of new securities lending is equivalent to leaving short positions without bullets. Yesterday, the China Securities Regulatory Commission also released a special case of malicious shorting in 3** cities. Warn those who dare to manipulate illegally and maliciously short sellers to "go bankrupt and sit in prison".
In the face of the lack of popularity and hot spots in the market, the China Securities Regulatory Commission also announced that it would further optimize the "small and fast" review mechanism for reorganization, and the China Securities Regulatory Commission also directly stated that it would vigorously support listed companies through mergers and acquisitionsEnhance the value of your investment。Next, a wave of restructuring in the market will definitely follow, further enlivening the market and improving the money-making effect.
The market has reacted positively to a series of substantive measures taken by the top management in the past two days.
Today, the Shanghai Composite Index surged 323%, GEM rose 671%, and the Science and Technology Innovation 100 rose 955%。
From the ** of the above three plates, some signs can be read:
The first sign is:The market style has changed, and the ChiNext and STAR Market 100 have risen significantly ahead of the Shanghai Composite Index. It may be the following two reasons, one is that the GEM and the Science and Technology Innovation Board 100 fell too much in the early stage, and many high-quality ** were killed by mistake, and once the market returns, there is a high probability of making up for the rise. Second, the policy is also slowly taking care of small and mid-cap stocks. In the past, the national team may have tended to favor blue chips such as banks, but recently, many broad-based frequently and sharply increased volumes show that there is an inflow of funds from the national team. It indicates that small and medium-sized growth sectors such as the Growth Enterprise Market and the Science and Technology Innovation Board are expected to make up for the rise**.
Interestingly, it also belongs to the Science and Technology Innovation Board, and today the Science and Technology Innovation Board is 100**955%, while 50 on the Science and Technology Innovation Board ** 65%。The main reason is that the small and medium-sized growth characteristics of the Science and Technology Innovation Board 100 Index are relatively distinct, which is different from the Science and Technology Innovation Board 50 Index, which is positioned as a large market capitalization. In particular, the Science and Technology Innovation Board 100 ETF (588120), which I was optimistic about before, rose by more than 10% today, with obvious excess returns, and is expected to continue to stand out in the supplemental gains**. Friends who don't have an account can follow their connection (019867).
The second sign is:The momentum of the sector that has risen too much in the early stage is not enough this year, which is not necessarily a bad phenomenon for the whole market, and the current A-share market as a whole is still in the bottoming stage, once the market stabilizes and rebounds, then it must be the early stage of the over-falling small and medium-cap stocks to play the vanguard. Small and mid-cap stocks are the key to activating the market and improving the money-making effect, and when they do, they will definitely help to boost market confidence.