A share market does not seem to be good.
On the morning of the same day, the three A-share indexes collectively opened lower, after the opening of the market shock fell, and before the afternoon had A small recovery. By midday, the Shanghai index was down 1.58 per cent at 3,520.24, the intraday risk loss mark of 3,500. The Shenzhen Component Index fell 2.96 per cent to 14490.14. The ChiNext index fell 4.26 per cent to 2,870.75.
Disk, the oil industry performed well, Bo Hui shares, Huibop, quasi-oil shares, PetroChina trading limit; Photovoltaic industry setbacks, Tong Wei shares, machine numerical control, solar power, etc. In addition, glass ceramics, food and beverage, medical, chemical fiber and other plate decline.
It is worth noting that Moutai once again faced a sharp decline, falling 5.09% to 2031.02 yuan/share in the afternoon, with a total market value of only 2.55 trillion yuan and another loss of 100 billion yuan. Since its peak of 2,627.88 yuan per share, Kweichow Moutai has dropped more than 20 percent since the Year of the Ox, wiping out 720 billion yuan in market value.
Interestingly, Li Daxiao, chief economist at Yingda Securities, seems to have miscalculated again. In the morning of that day, Li Daxiao continuously posted on the social media platform, “calm, there is no need to panic”, “the US stock market crash is not the end of the world, the US stock market crash does not mean that A shares will also crash.”
In addition, Li argues, “We need to look at the correction in the U.S. stock market objectively, without panic. After the United States stock market rose sharply, the bubble is obvious, the adjustment is natural, but the adjustment of the United States stock even intermittent slump, A shares will completely follow it? We should be calm and analytical, not echoing what others say.
“Since 2019, after A two-year bull market, A-shares and Hong Kong stocks have also accumulated A certain amount of local bubbles, but the obvious fact is that A-shares and Hong Kong stocks still have A group of the most undervalued and valuable high-quality blue-chip leading stocks in the ground, waiting to emerge. There are too many good things that make the world’s most discerned investors secretly happy. The expert only hates himself for having too little money, which is also an objective fact. Be calm, “Li added.
This speech out, immediately annoyed A lot of shareholders, “I think it, can be scolded when A shares fell sharply, relieve everyone’s mood, is also A big xiao teacher merit A”, “big xiao teacher to go on the program, the you”, “open your eyes lie, now not in the slump”, “how also open your eyes lie?”
In fact, A few days ago when the A shares fell sharply, Li Daxiao also said, “Taishan does not bend”, “do not panic”, “calm”, trying to “stabilize the morale of the army”. However, at that time, there was a “iron fan” on the joke, “Xiao continuous hair three rush symbol, once again to just the market a fatal blow”. Unexpectedly, just a few days later, Li Daxiang may be again miscalculation.
In addition, for the future trend of A-shares, Guosheng Securities said that the psychological threshold of 3500 points in Shanghai was recognized by the market, short-term concern about whether the volume can be effectively amplified, Shanghai 3530 points above cautious bullish, up near 3630 points to sell more pressure. In operation, focus on procyclical, carbon neutral and other mainline plate sustainability. The window period of the “Two Sessions” has come, and favorable policies may flow out in the field of hard science and technology. Attention will be paid to advanced and advanced science and technology represented by artificial intelligence, gene technology, aerospace, brain science, photonic chip, and new materials.