Caught off guard, “Black Monday” raided the capital market.
On March 14, A-Shares were green, and Hong Kong shares were also miserable. China concept stocks on the other side of the ocean have fallen so that investors can’t recognize them.
Investors and fundamentalists want to cry without tears. Some netizens cried: what a big bowl of noodles, almost cardiac arrest… p align = “center” money loss effect is obvious
It is another day that makes investors feel miserable.
march 14, the Shanghai and Shenzhen stock markets experienced a unilateral dive again, and individual stocks and sectors fell miserably
After the overseas stock market fell briefly, the collective index fell sharply on Friday. In the afternoon, the diving was accelerated, the air force was more violent, and the volume fell in half an hour.
As of the closing, the Shanghai Composite Index fell 2.61%, the Shenzhen Composite Index and the gem index fell 3.08% and 3.56% respectively. Both cities closed at the Dayin line, and the trading volume decreased significantly. Among them, northbound funds sold a net 14.408 billion throughout the day.
The industry sector almost fell across the board, Baijiu shares fell, Jiugui Liquor Co.Ltd(000799) fell 9%, Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) fell 6%, Kweichow Moutai Co.Ltd(600519) fell 3.9%;
Hotel catering, tourism, aviation and other economic recovery themed stocks fell sharply across the board, China Tourism Group Duty Free Corporation Limited(601888) down more than 8%.
The concepts of lithium batteries, green electricity and other new energy sources in the previous fire fell sharply, and Eve Energy Co.Ltd(300014) , Contemporary Amperex Technology Co.Limited(300750) fell by more than 6%.
Even the covid-19 drug sector, which rose against the trend, also narrowed in the afternoon.
for stocks, the number of declining stocks exceeded 4000, and the market loss effect is quite obvious
In contrast, Hong Kong stocks and China concept stocks are more tragic.
affected by the continuous sharp decline of China concept stocks in the US stock market, the Hang Seng technology index fell sharply today, accelerating its decline at the end of the day, with a decline of more than 11%, the largest one-day decline in the history of the index
As of the close, the Hang Seng technology index fell 11.03%. The share prices of Tencent holdings, Alibaba, meituan, BiliBili and other Hong Kong stocks also continued to fall sharply.
across the ocean, zhonggai stocks have suffered a new round of decline
On March 11, Baidu, pinduoduo, bilibilibili, Tencent music and entertainment group and other companies plunged more than 10% again. Alibaba fell back to the opening price eight years ago. Didi’s share price fell below $2 and plunged 44% overnightP align = “center” institutions are optimistic
Investors who encounter “Black Monday” want to cry without tears:
A shareholder told Jin mei’er that he was busy in a meeting on Monday and didn’t pay attention to the market. As a result, he opened the stock trading software after the closing, and his heart suddenly stopped: “I lost nearly 10000 in one day, and I almost fainted at that time.”
Another Jimin said that when he saw the disk, he pinched people on the spot:
however, although investors howled, many institutions remained optimistic about the future of A-Shares
Citic Securities Company Limited(600030) said that A-Shares have recently suffered from serious emotional venting due to the superposition of internal and external risks, and there have been three serious deviations. At the same time, with the arrival of the three critical points, the market bottom has been confirmed twice, and A-Shares are about to usher in the resonance upward of value and growth.
On the one hand, the recent A-share overshoot seriously deviates from the tone of China’s loose policy and stable growth; Investor sentiment is seriously deviated from China’s sound economic fundamentals; The current valuation level of A-Shares is seriously deviated from the historical and global comparable valuation level.
On the other hand, it is expected that the expectation of the conflict situation between Russia and Ukraine will gradually enter the critical point of improvement; After the “two sessions”, the steady growth policy has entered the critical point of renewed force; Investors’ serious emotional venting and position reduction are also gradually entering the critical point. The “market bottom” of A-Shares has been confirmed for the second time, and will usher in the resonance upward of value and growth with the repair of the three deviations.
at the same time, the fund company pointed out that the A-share fell too fast, which does not rule out the short-term rebound of the market. It is suggested to choose the defense sector with undervalued value and the growth sector with high cost performance. From a medium-term perspective, there is no need to be too pessimistic
Golden Eagle Fund also said that the short-term market is weak, but from a medium-term perspective, there is no need to be too pessimistic. After the situation in Russia and Ukraine became clear, the rebound trend of A-Shares remained. At present, although the Russian Ukrainian negotiations have not achieved substantive results and inflation concerns need to be digested, Chinese high-quality listed companies have released the latest business conditions from January to February to boost market confidence. In the follow-up, we need to wait for the introduction of more substantive policies or the improvement of economic and financial indicators after the two sessions.
At present, there is no need to be too pessimistic about the market. Golden Eagle Fund has observed that the price performance of stocks and bonds of various important indexes has been at an all-time high, and the price performance of equity investment is highlighting. In the future, as the conflict between Russia and Ukraine slows down, the main line of the market will return to the first quarterly report dominated by performance. Commodity prices fall, risk appetite is repaired, and A-Shares may still rebound.
