The GEM fell 3% and brushed a 2-year low, why didn't the "good" of A-shares work?
At the end of last week, the regulator issued a "comprehensive suspension of restricted stock lending", which is equivalent to completely filling the loopholes of important shareholders using securities lending.
In fact, from the situation of 15 o'clock in the afternoon, the Shanghai Composite Index fell by 27 points, a decline of nearly 1%, and the ChiNext Index reached a maximum of 349%, and brushed out a two-year low, to be honest, this kind of scene was never expected, the key is that the **amplitude** is too large, the number of ** in the two markets throughout the day ** is less than 500, and the number of ** is more than 4600, it can be said that today's performance is quite bad in the near future, the core is that such a situation occurred in a favorable situation last weekend is really incredible, people can't help but ask, why does the A share benefit not work?
In my opinion, the contradictions in the market are different in different periods, and the comprehensive suspension of the lending of restricted shares issued by the regulator is a real benefit, which is to consider the problem from the perspective of small and medium-sized investors, and also to protect the rights and interests of investors with practical actions.
After all, looking back on a lot of good things in the past, the market doesn't buy it, and I think the key is what people care about. Today I read a research report of the National Finance **, entitled "So-and-so returns, this time is different?" The core point of the article is that the country with the strongest global economic growth in different periods, the current election campaign has kicked off, with one style of support of 47%, while the other style of support is 44%, the former is dominated by the development of fossil fuels in terms of energy, which is obviously not good for new energy; The latter is inclined to renewable energy and environmental protection, and since the former is currently leading, today's market is basically interpreted according to this rhythm.
You will find that the largest amplitude is new energy, that is, non-fossil energy. The sector index fell by 486%, the two photovoltaic core leaders, one is LONGi Green Energy, which fell by 7% intraday, and the other is Tongwei shares, which also fell by more than 6%. There is also a decline of 3% in the new energy vehicle index79%, it can be said that new energy and new energy vehicles in the gem index weight is very large, its every move has a significant impact on the fluctuation of the gem index, new energy is so obvious, the gem index is of course inseparable, in other words, today's gem index is a new low by the new energy comprehensively.
So in this case, you score clearly what kind of occasion to look at, and now the focus is on "the return of so-and-so", which is far more positive to the market's sentiment than "a complete suspension of restricted stock lending", so today's A shares have not played a corresponding role.
The decline of the ChiNext index should not affect the trend of the Shanghai Index, after all, there are still a lot of central enterprises and state-owned enterprise stocks in the intraday today, the performance of the Chinese word is stronger than the market as a whole, more typical such as last Thursday and Friday PetroChina's continued **, and this morning Sinopec's big rise reached 5%, as well as China Telecom and China Mobile, etc
One is that under the pull of ** stocks so hard, the performance of the Shanghai Index is only maintained in the state of the red plate, showing obvious weakness, which shows that most of the ****, relying only on a few Chinese prefixes** can not resist, and in the end the bears still have the upper hand;
Second, the Shanghai Composite Index was in the red at 11:30 a.m., while the ChiNext Index fell by 23%, which shows that the bears do not agree with the current so-called good, it is the ChiNext index fell 2% in the morning, after the afternoon opening so that the bulls of the Shanghai market are also a little from long to short, I said a point of view before, the ChiNext index is not stable, the whole market is difficult to reverse the trend, today this point of view has been confirmed again.
In this way, the Shanghai Index today ** 27 points is completely brought down by the GEM, and the next sentence is still that sentence, the disk has entered the stage of precise policy, not just the Shanghai market, how to make the GEM stop falling will be a huge test, the GEM is stable, A shares can usher in a comprehensive stabilization.
Disclaimer: The content in the article is for reference only and does not constitute any operational advice or tips.