A shares or a new round of rebound?

Mondo Finance Updated on 2024-03-02

February** performance is strong, and there may be a new wave in the future**.

In February, China** showed an impressive upward trend, with the Shanghai Stock Exchange Index rising as much as 813%, and the Growth Enterprise Market and the Science and Technology Innovation Board also achieved 1485% and 682% growth.

After a short period of time, it managed to gain a foothold of 3,000 points, and then showed a clear upward trend.

The strong performance of this round of ** is mainly due to the promotion of multiple positive news and the continuous inflow of funds.

First of all, the management's strict IPO review and high standards for the quality of listed companies led to a sharp decrease in the number of listed companies in February, which to a certain extent improved the confidence of ** and investor sentiment.

Secondly, the injection of funds from institutional investors such as CITIC, as well as actions such as northbound funds and Huijin Company's increase in ETF holdings, have injected a large amount of incremental funds into **, which is expected to promote the continuous maintenance of 100 billion yuan in A-share turnover.

From the perspective of market trends, although the Shanghai Composite Index is facing the challenge of upward selling pressure after hitting 3,000 points, the overall trend has not changed. Although some high-level stocks with large gains have appeared, the market as a whole still maintains upward momentum.

This shows that in the current market environment, investors are still optimistic about the long-term performance of **.

Looking ahead, the overall valuation of ** is expected to further improve as more funds are ready to invest in the ** market, and management is further stringent in IPO review.

At the same time, considering that the current ** new funds around 3000 points are actively entering, and the funds that missed the opportunity are also following up quickly, we have reason to believe that ** is expected to usher in a new round in the future**.

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