1
Affected by the plunge in heavy stocks of several major funds. WuXi AppTec fell to a halt dragging down medical treatment, Ningde era plunge dragged down lithium batteries, Guizhou Moutai fell sharply dragged down liquor, the ChiNext index once fell 4.6%, and there was even a stampede and panic selling of group stocks, but the number of companies that rose throughout the day basically remained the majority.
In the afternoon, the Hong Kong stock WuXi AppTec rebounded slightly, the decline narrowed, A-share WuXi AppTec fell and opened, the panic was alleviated, and the market explored a low recovery.
By the close, more than 3600 stocks rose, and the trend returned to health.
2
Today's fund heavy stock panic sell-off is directly related to WuXi AppTec.
"Science and Technology Innovation Board Daily" on the 8th, the official website of the US Department of Commerce added 33 New Chinese entities to the "Unverified List (UVL)", including WuXi Biologics. Affected by this, Hong Kong stock WuXi Biologics fell sharply in the morning, temporarily suspending trading when it fell by 22.77%.
WuXi AppTec H shares fell the most intraday decline of 27%.
WuXi AppTec A-share intraday drop stop board at most more than 1 billion yuan of sealing orders, if according to the Decline in Hong Kong stocks at that time, tomorrow is another one-word board.
This directly led to a strong redemption sentiment in the fund with WuXi AppTec as a heavy stock, because the redemption on the day could be one less drop stop, and there would be a sell-off in response to the redemption, which would affect the other heavy stocks of the fund and also sell, eventually forming a stampede. Taking Cele Medical, which is managed by Gülen, as an example, at 10:30 intraday, the stocks held were basically collapsing.
Friends who often pay attention to my public account must know that I have repeatedly reminded the huge risks of holding group stocks at the end of 2020, and repeatedly emphasized staying away from the heavy stocks of the fund.
And I have always been concerned about the structural opportunities of small and medium-cap stocks, so I will include the unweighted Flush All A Index into the main analysis object, and I should also mention the Flush All A Index more in the public account.
Today, the Flush All A Index is up 1.37%.
3
The transaction amount was slightly enlarged, 879.7 billion yuan.
Small and medium-cap stocks in the morning when the fund heavy stocks fell sharply, the naked eye can see the funds against the trend of the increase, even after the intraday follow-up, the afternoon is also ahead of the index to quickly pull up, showing that the funds buy resolutely.
The disk is not hindered, the year of the tiger has been profitable for two consecutive trading days, and the position has been kept full and patiently held.