Why are A-shares bursting at midday in the past two days, it is obvious that the national team or a visible hand is manipulating the disk. What is the logic behind this? Why do you do this? Maybe if you don't really think about it and study it carefully, you won't be able to think of it at all. In fact, the key is not in A-shares, the problem is in the Hong Kong stocks next door.
In fact, in the past two days, the tangible hand has protected the A-shares, which is a typical siege of Wei to save Zhao, and it is to pull up the Hong Kong stocks through the demonstration of A-shares. So in the past two days, Hong Kong stocks have also been in the red for two days. Why? Because now Hong Kong stocks can be said to have reached a very critical point. Because Hong Kong stocks are only one step away from breaking the threshold of Hong Kong's return to China in 1997!
On July 1, 1997, Hong Kong returned to the motherland, and on July 3, the first trading day after the return, the Hang Seng Index of Hong Kong stocks fell on that day, closing down 0.93%, and the closing point was 15055.7. On December 11, 2023, that is, Monday, the Hang Seng Index of Hong Kong stocks once fell to 15972.3. Therefore, immediately after noon, funds began to enter the market to rescue the market, and the index was fully protected by pulling up the weight of A-shares. So on Monday, A-shares also fell by more than 30 points, but they rose in the red after noon. Hong Kong stocks have also turned from falling to rising because of the linkage effect. The index stopped its downward trend. So why in the past two days, whether it is A shares or Hong Kong stocks, there are tangible hands protecting the disk and pulling up after noon. Therefore, this is also the reason why the visible hand is protecting the disc in the past two days.
On July 3, 1997, the point of the first trading day after Hong Kong's return to the motherland really could not be broken. If this point is broken, to be honest, the impact is very large. This aspect is not only a matter of face, morale, and wealth of shareholders. The most important thing is that it may cause a large wave of negative public opinion. And this is quite frightening at a time when the current international geopolitical situation is becoming more and more tense. As we all know, Hong Kong is holding district council elections in the past few days, and there have been some moths in the middle due to computer system failures. There will also be a general election in Taiwan early next year. And neither of these things is simple. So at this point, some iconic things, some key things have to be maintained. For example, the Hong Kong Hang Seng Index really can't fall anymore.