Dexun Zhenggu: the market is down and retaliatory rebound may appear

Abstract: the speed of this round of adjustment is rapid, the chip concentration of institutional investors has not been effectively reduced, and growth assets still need a long time to digest the micro trading structure.

The market opened low, went dark and fell to the closing. The gem index led the decline to a new low in the year. Logistics stocks rose sharply at the opening, the prefabricated vegetable sector strengthened in shock, and Suzhou Weizhixiang Food Co.Ltd(605089) rose by the limit. More stocks fell and less rose. More than 4000 stocks fell in the two cities, and nearly 100 stocks fell by more than 9%, of which nearly 20 stocks in the real estate sector fell by the limit. The turnover of Shanghai and Shenzhen stock markets today was 963.7 billion, 37.3 billion more than that of the previous trading day.

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