After the weekend’s rest, under the background that the international situation became more complex, A-Shares failed to slow down and fell sharply again. As of the close, the Shanghai composite index was at 337286 points, down 2.17%; Shenzhen composite index reported 125734 points, down 3.42%; Gem index reported 263037 points, down 4.30%. The trading volume of the whole day shrank slightly compared with last Friday, with 458.2 billion yuan in Shanghai and 566.4 billion yuan in Shenzhen.
There was almost no decent rebound in the stock index throughout the day, and the northbound funds that used to like to copy the bottom in the session also showed signs of full flight, with a net sales of more than 8 billion yuan. Throughout the disk, the huge decline in the stock index on Monday is closely related to the performance of heavyweights. For example, the two financial sectors of securities and banks retreated across the board, and only a few stocks with small equity rose against the market. Another example is Contemporary Amperex Technology Co.Limited(300750) and Kweichow Moutai Co.Ltd(600519) , which are the wind vanes, have seen a relatively obvious decline. This performance makes even if investors have the intention to copy the bottom, they will be afraid of the subsequent possible continued decline, so that there is little capital to copy the bottom even if there is a sharp decline in the whole day’s trading, thus changing the previous situation of large-scale decline.
From the perspective of hot sectors, relatively prominent highlights appear in the concept of assisted reproduction and precious metals. Recently, the concept of assisted reproduction has obviously involved funds. In addition, relevant issues have been frequently mentioned and heated speculation recently. Therefore, the funds involved can be regarded as following the trend. Further changes in the international situation have accelerated the rise of precious metals, especially gold, providing speculation for the strength of relevant sectors.
From the overall situation of stock index operation, the current Shenzhen Composite Index and gem index have broken down, while the Shanghai index is still struggling to support, but the early low point has also been suspended. If the financial sector as heavyweights and Contemporary Amperex Technology Co.Limited(300750) , Kweichow Moutai Co.Ltd(600519) etc. still drift with the tide, the subsequent trend will be likely to continue to go bad. In view of the current trend is quite not optimistic, so investors must pay attention to the trend of the financial sector.
Hunan stock sector is also difficult to make waves in the case of the overall weakness of a shares. Only 21 stocks closed up throughout the day, with a point ratio of only about 16%. The top gainer of Hunan stocks is still Dajia Weikang, which has been popular and has sprung up recently, with a rise limit of 20cm. It can be seen from the resumption of trading that the reason why the stock has performed so strongly recently is that, on the one hand, it is a new share that has not been listed for a long time, and there are only less than 50 million shares in circulation. Once such small cap stocks are targeted by funds (especially hot money), they may be violently fried. On the other hand, the unit has kept up with the hot spot because it is classified into the concept of assisted reproduction. However, from an operational point of view, since its peak start at the end of January, the stock has gained more than doubled, and the short-term profit chips are relatively rich. Therefore, there may be signs of chip loosening at any time. After that, if the trading limit is opened, although there is an opportunity to buy low and sell high in the oscillatory trend, if the funds involved are not long-term, there will be a great callback risk in the current position of the stock price.
Among the decline of Hunan stocks, the top ones include Kbc Corporation Ltd(688598) , Zhuzhou Crrc Times Electric Co.Ltd(688187) , Hunan Yujing Machinery Co.Ltd(002943) and almost all stocks with previous short-term increase or excessive cumulative increase. Combined with the recent situation that the gem index led the decline, it once again confirms the reality that the current A-share market has greatly reduced its risk appetite. Under such circumstances, on the one hand, it is not recommended that investors kill out the stocks that fall back to the origin on a large scale; On the other hand, for the stocks with large cumulative increase in the early stage, it is still not recommended to take risks to rebound.
