Water Skin: "Talk about gold" Black butterfly descends

Water skin/text

There are no eggs under the nest. A butterfly in the Amazon rainforest of South America, occasionally flapping its wings a few times, can cause a tornado in Texas, thousands of miles away, two weeks later, which is called the butterfly effect.

Now there are at least three black butterflies flying on the stock market. A black butterfly is the well-known online education, due to the impact of the policy, the online education sector listed in the United States is basically extinguished. Friday's decline was terrifying, with more to 70 percent and less to 20 percent. More critically, the online education sector actually has no future.

Because the policy has sentenced this sector to the "death penalty", no financing, no listing, and the existing institutions must change their nature and become non-profit institutions. Therefore, the stock market prospect of online education is zero, and everyone must pay attention to it.

Another black butterfly is Tencent Music, the State Administration for Market Regulation against Tencent Holdings Co., Ltd. ordered to remove the exclusive copyright of online music and other penalties, vetoed the exclusive copyright of Tencent Music, directly leading to Tencent such internet platform stocks are also a huge decline.

The last black butterfly is the shell, which has been affected by the tightening of second-hand housing transactions across the country and the investigation and punishment of second-hand housing transactions. Shell [BEKE], which is listed in the United States, has also seen a very large decline.

The three black butterflies flapped their wings together, and you can imagine how huge the shock caused by the US stock market was. The whole Chinese stock should be said to be a river of blood. This impact today affected the Hang Seng Index, as well as to A-shares. The Hang Seng Index also fell significantly today, closing down more than 4%. Meituan's biggest intraday decline was more than 18%. Kuaishou has fallen below the issue price of HK$115/share, falling from a high of HK$417/share to hk$114/share now. Tencent fell more than 8% today, directly bringing down the hang Seng Index's technology sector with Tencent's volume. The Hang Seng Index Technology Sector Index fell more than 6.7%.

Looking back, the decline in A-shares today is relatively small compared with the Hang Seng Index. The Shanghai Composite Index fell 2.34%, the Shenzhen Component Index fell 2.65%, and the ChiNext Board fell 2.84%. Of course, the highest intraday declines of the three major indexes are a little larger than the closing price, especially the ChiNext board has fallen by more than 5% in the intraday today. Today's decline in the number of stocks is 3265, and the number of stocks that have risen is only 1079.

Today's volume has magnified to 1.4 trillion, which is not a good thing. ShuiPi has repeatedly told everyone in the stock review before that the amount is put to more than 1.3 trillion, and it is not a good thing if it cannot go up. The bulls did not die falling, and they did not expect that Shui Pi's analysis on Friday would be fulfilled so quickly. Today's decline is not something we can judge.

The sector that fell the most today is actually the liquor sector. The individual stocks that detonated the plunge in liquor stocks were actually Shuijingfang, because Shuijingfang's semi-annual report was less than expected, which directly detonated the liquor sector.

The second decline was in the insurance sector, due to the impact of the reduction of PICC shares by the social security fund. Shuipi is also very incomprehensible, very unclear, because the social security fund in everyone's concept is value investment, which is a long-term investment. Why at this time, this point to reduce the holding of PICC? This is the bizarre thing, and this practice has directly led to market panic.

Today' insurance sector index fell by more than 5.03%, the insurance sector is the largest decline this year, water skin is very incomprehensible. And it directly leads to panic about the entire large financial sector. Today's bank stocks also fell quite large, real estate stocks were affected by the policy, shanghai announced over the weekend to raise mortgage interest rates. As a result, Vanke's decline today is more than 7%.

The decline ranked third in the medical sector, and the medical sector is more interesting. Today's paragraph is very telling: the reason for the stock market crash today is that the children do not have to make up classes, and the collapse of the tutoring class. Without making up lessons, the eyes got better, so the ophthalmology collapsed. Mothers don't have to send their children to make-up classes on weekends, and they don't have time to do beauty, so medical beauty also collapses. The child did not send a tutoring class, and the father did not have time to go out to drink, so the liquor also collapsed. No drinking, the body is better, there is no need to nourish the liver and there is no need for innovative drugs, and tablets and innovative drugs have also collapsed, a chain reaction about the make-up class.

Today's plunge in the medical aesthetic sector is very, very clear. The paragraph belongs to the paragraph, but the medical beauty plate is indeed too watery, the bubble is too large, which everyone knows. So to a certain extent, today's index has seen such a big decline, mainly due to the resonance of various factors.

We also see that the decline in weighted stocks today is also huge. In fact, there are not many stocks that have fallen by more than 5% today, that is, 300 or so, but they are all weighted stocks. So today it is reflected in the index, which is more panicked.

Today's A50 stock index futures also saw a huge decline of 5.78%, and to be honest, this decline is even worse than the stock market crash. The water skin estimate will soon attract great attention from relevant parties.

If this downward trend occurs again, it is likely to lead to systemic risks. The so-called systemic risk is not related to individual stocks, and has nothing to do with the fundamentals and performance of individual stocks. Rather, it is caused by investors' huge insecurity in the overall investment environment and investment policies. If such a situation occurs, ShuiPi believes that it is not what all parties are willing to see.

So when the market panics, it needs some rational voice to guide.

Of course, today's intraday is not without bright spots, the so-called highlight is the sci-tech board represented by SMIC, and the intraday decline in the sci-tech board was once 4.25%. But it was only down 0.42% at the close, stretching a big leg. Is it the high neckline, or the bottom to stabilize? Of course, the benevolent see the wise.

A-share technology stocks today in the intraday as a rebound pioneer, compared to the Hong Kong stocks today's plunge is mainly a large network platform of technology stocks, the situation is not the same.

One sentence review: the butterfly effect.