The weekend was not peaceful! Several times short, four major news impact tomorrow** (24）！
First, the employment data of the United States exploded, which directly led to a sharp rise in the dollar index, and the RMB assets were under pressure again. Although there are many negative factors on the weekend, it is not without benefits.
According to the data, from January 29 to February 1, more than 500 A-share companies disclosed repurchase plans or implementation progress and other related announcements. Industrial capital has also made moves, and the value of the big A capital market has emerged.
2. A shares: Sudden bearishness over the weekend, will it fall below 2666 points next week?
China** staged another G-disaster this week, with all major indices falling by more than 10%. There was no major good news over the weekend, only a few "scratching the boots" positives. At the same time, the U.S. non-farm payrolls data exceeded expectations, the depreciation of the yuan, the pressure on the big A, coupled with the negative news such as Wang Yawei's disappearance, the market sentiment has collapsed, and the market is still facing greater risks next week. Technology stocks of central enterprises may benefit from the SASAC to accelerate the layout and cultivate new qualitative viability. The short-term sentiment of the market has collapsed, Xueqiu has been fully liquidated, and the next step will be to face the risk of financing liquidation and shareholder pledge liquidation.
3. Panic continues to ferment! So far over the weekend, the news about A-shares has been unusually calm, and I have not seen any substantial good, what I have seen is the spread of the whole network about the sentiment of ETF** refinancing short and pledge financing disk is about to blow up, if the rapid ** on Friday afternoon is the concentrated release of panic and liquidation, then the weekend without a substantial positive introduction is the default to panic and facts, and the endorsement of the market to continue to decline next week, and the panic of shareholders is getting more and more panicked, the more negative news they see, and the substantial spread of the ** heirs, It constitutes a situation where there is no negative and negative must be created, and the negative is not big!
Wait for the afternoon news to see if there is a substantial good, if not, tomorrow the market will continue to open low and probe will follow, now the most afraid is the silence of the regulators, either die in silence, or break out in silence, and wait and see!
Fourth, the recent sharp decline is related to securities lending, for example, WuXi AppTec is just a proposal on the other side, and the leading companies with a market value of 200 billion yuan have exceeded 31% in 6 trading days, behind which is the shorting of securities lending dozens of times.
Why is there a stock market crash in the market of a certain team of hundreds of billions of ETFs, the reason is that the ETFs that have just been refinanced and lent to brokerages to borrow and lend securities to earn interest, what is the significance of such a bailout?
For example, Huatai Berry, which has assets of more than 130 billion, most of the holdings of CSI 300 ETF are lent to a few people to short. Why can't we completely suspend refinancing and lending, which has seriously distorted the valuation of A-shares and become a tool for arbitrage for a few people. Why, saving real estate is real money, local government bonds issuing trillions of dollars, and developing the economy are real gold, these seem to be very necessary, in the context of a sharp decline in the consumption of the general public, can they really be saved? And the real market economy can quickly pick up, but there is no real gold ** to save the market, I really can't understand and don't understand.
Tomorrow will open, will the market change **trend pull**. From the current point of view, there is no big benefit, the probability of continuing to open next week is large, and the big A is indeed terrible, and even the ETF** can be refinanced and shorted.
The risk that can be seen now is that no one should invest again, we can't change the market, we can only change our own concepts, 200 million shareholders and 700 million people have been cut again and again, everyone must learn a lesson. All we can do is to wait for the real reform of the market, and it is unlikely that we will not reform and reverse the trend.