In less than a year, the ChiNext index has fallen by more than 1,000 points from 2,661 points sharply** to 1,601 points today. This is an eye-popping figure, especially for the ** of the GEM, such a decline can be described as full of holes and unrecognizable.
We can't help but ask, why has the ** since last year been so tragic? In fact, the market performance during this period is basically in a state of general decline, with few days of general gains, and often falling back in the next four days. With more than 4,000 companies every day**, this has become the norm in the market.
What's worse is that this ** is not violent, but like a "boiled frog in warm water", quietly and gradually evaporating your wealth.
Admittedly, the decline in the Shanghai Composite Index was relatively small, but if you look closely, the actual index is now below 2,000 points. And the strength of this round of ** is actually more violent than the 1,000-share drop limit and circuit breaker in 2015.
Overall, the decline in GEM is truly frightening.
However, this also reminds us that in the investment market, ups and downs are the norm, and we must always be vigilant, avoid falling into the trap of boiling frogs, and invest rationally in order to move forward steadily in the volatility of the market. ##