The A-share on the 25th is so heartbreaking! Last night, U.S. stocks fell sharply at 1000 points, and they can all come back. I didn’t expect that today, A-Shares will only follow the decline rather than the rise! More than 4400 stocks fell and almost everyone ate noodles!
Take a look at this picture. It’s green and environmentally friendly!
On the microblog hot search, there are three or four related to the stock market!
the three major indexes collectively fell by more than 2.5%
gem lost 3000 points
Last night, affected by the tense situation in Russia and Ukraine, European stock markets generally fell, and the three major indexes of US stocks staged a startling reversal and closed higher. I thought today’s stock market could rise with it, but I didn’t expect it to fall with it! A-share Shanghai and Shenzhen stock markets opened low and went low. The three major indexes plunged collectively, falling by more than 2%!
The sharp drop in the peripheral capital market superimposed the pre holiday effect. After the three major A-share indexes opened low in the morning, they fluctuated all the way down. The Shanghai index fell 3500 points, a new low in five months, and the gem index fell below 3000 points, a new low since May last year.
As of the close, the Shanghai index fell 2.58% to 3433.06 points, the Shenzhen composite index fell 2.83% to 13683.89 points, and the gem index fell 2.67% to 2974.96 points; The total turnover of the two cities was 936.8 billion yuan, and the net sale of funds from the North was 3.574 billion yuan.
Overall, less than 300 stocks rose in the two cities, and more than 4400 stocks floated green. According to Tencent’s stock selection statistics, this data set a historical record.
The risk aversion of A-Shares increased significantly. In the military industry sector, visualisation technology rose by 20% and Xi’An Chenxi Aviation Technology Corp.Ltd(300581) rose by more than 10%; Among gold stocks, Hunan Gold Corporation Limited(002155) , Western Region Gold Co.Ltd(601069) , Shandong Gold Mining Co.Ltd(600547) and other stocks rose one after another.
Tourism, hotel and catering sectors strengthened against the market.
The theme of yuancosmos fell sharply, Tangel Culture Co.Ltd(300148) , S.P.I Landscape Design Co.Ltd(300844) and other stocks fell by more than 10%, the limit of Hubei Radio & Television Information Network Co.Ltd(000665) and Zhejiang Jinke Tom Culture Industry Co.Ltd(300459) followed.
However, there is also good news. As of press time, European stocks have rebounded collectively. Germany’s DAX30 index rose 1.06%, Britain’s FTSE 100 index rose 0.88% and Europe’s Stoxx 50 index rose 1.1%. Russia also rose by 3%.
Why did A shares fall so sharply?
Huaxia Fund analysis said that today’s market adjustment, external risks are still an important main reason, especially the recent escalation of the crisis in Ukraine. Globally, investors’ risk aversion has increased significantly, and the regional crisis situation is affecting the prices of major assets including Shenzhen Agricultural Products Group Co.Ltd(000061) , industrial metals, stocks and bonds in the short term, which also has a negative impact on the risk appetite of the A-share market.
Since the beginning of the year, affected by the expectation of overseas interest rate hikes, the yield of US bonds has continued to rise, coupled with the fermentation of geopolitical risks, and the overseas market has fluctuated sharply. Among the three major US stock indexes, Dow Jones, NASDAQ and S & P 500 have fallen by 5.4%, 11.4% and 7.5% respectively since the beginning of the year. Under the background of accelerating global capital flows, there is a certain risk of resonance weakening between A-Shares and US stocks. Affected by this, market sentiment has weakened recently, and risk appetite has shrunk significantly. The Shanghai Composite Index has fallen by 5.68% since the beginning of the year. Stocks with high valuations have decreased significantly, and the related fields of steady growth have fallen against each other.
China Merchants Fund said that since mid December last year, with the gradual weakening of the positive drive brought by the central economic work conference, the market has continued to adjust under the influence of many negative factors such as overseas liquidity impact and real estate credit risk. Today, the market accelerated its downward exploration under the infection of overseas sentiment and fell back to the stage low.
Meanwhile, negative factors gathered and superimposed overseas disturbances, and A-Shares continued to be under pressure. Since January this year, under the influence of two negative factors, the market valuation has continued to be under pressure. On the one hand, the expectation of overseas interest rate increase and reduction is advanced, and the real interest rate rises rapidly. As the inflection point of global liquidity has arrived, it will bring marginal fluctuations to China’s liquidity expectations from the perspective of asset allocation. On the other hand, China’s real estate credit worries and covid-19 epidemic twists and turns continue to suppress risk appetite. The recent disturbance of the situation in Ukraine has also brought significant disturbance to the global equity market, and the risk appetite of A-Shares has also been impacted by overseas transmission. In addition, from the transaction level, the market trading activity continued to decline under the early spring festival in 2022, the poor profit-making effect before the festival and the fluctuation of net value.
fund manager report:
mother in law has been forced to “invest for a long time”
Previously, Sheng Fengyan, director of quantitative investment of Western profit, said frankly on his microblog that “he lost his mother-in-law’s one-year pension”, which triggered a heated discussion in the market. Recently, the Western gains China Securities 500 index enhancement fund managed by Sheng Fengyan announced the employment of additional fund managers. Some netizens commented: “I’m afraid I’m going to run away, because my mother-in-law has suffered a lot.” Sheng Fengyan responded: “my mother-in-law has been forced to ‘invest for a long time’, and the income will not be bad if it is elongated.”
He said that from historical experience, as long as long as long-term investment is achieved, no matter what the underlying logic is (believe in the national government, believe in the economic law, forget the account password, believe in the son-in-law), the effect will be much better than the short-term band.
finally, I’ll give you some fun and stop falling in three days.
Have you bought new clothes for the new year?
Closing guide for securities companies:
future analysis
A shares fell three questions! Citic Securities Company Limited(600030) : the bottom of sentiment is approaching the bottom of the market
Top ten funds commented on the sharp decline of a shares: the fermentation of risk events should not be overly pessimistic
4409 individual stocks float green, and A-Shares lose about 14500 per capita today! The reason for the crash has been found
