What a pity! The total market capitalization of the Indian stock market surpassed that of Hong Kong stocks and became the fourth largest stock market in the world.
According to statistics, the total market capitalization of the Indian stock market is US$4.33 trillion, surpassing the Hong Kong stock market at US$4.29 trillion for the first time, becoming the fourth largest stock market in the world.
The Indian stock market has risen sevenfold from 10,000 points to 70,000 points since the 2008 financial crisis, while the Hong Kong stock market has risen from 15,000 points since 2008 to 33,000 points, and recently closed down to 15,000 points, which is also the point of Hong Kong stocks in 1997.
The Indian stock market has risen for 8 consecutive years, and the Hong Kong stock market has fallen for 5 consecutive years, one has reached a new high, and one has a new low.
A-shares have to work hard, they have to be better to investors, they can't just get fat and not rise, they can't just raise money and not invest, otherwise it will be a matter of time before they are surpassed!
Recently, investors have obviously been driven crazy by A-shares and Hong Kong stocks, and have begun to vote with their feet, and crazy premiums have swept Nikkei ETFs and U.S. stock ETFs.
Yesterday, the premium of the US 50 ETF rose by 10%, and today's premium is 20%!
The Nikkei ETF, which was speculated at a premium of 20% last Tuesday, all 4 ETFs refreshed new highs today, which means that last Friday, no matter what price investors bought, are now not only unbundled, but also profitable.
On the other hand, if you bought A-shares last Tuesday, now you will be more determined to lose more.
For U.S. stocks, Nikkei is at a new high every day, and A-shares are at a new low every day.
Although Nikkei ETF and US 50 ETF were delayed for an hour, it did not hinder investors' enthusiasm for trading, and today Nikkei ETF surpassed the CSI 300 ETF, surpassed the SSE 50 ETF, and surpassed the Hang Seng Technology ETF to become the largest ETF in the whole market, witnessing a new history.
Today, A-shares rebounded after a wave of low opening across the board to kill new lows across the board, specifically.
Today's good rumors have a nose and an eye, 2 trillion leveling funds, through the land stock connect, Huijin, securities, directly stimulate A shares, Hong Kong stocks jump, especially Hong Kong stocks jumped more violently, the Hang Seng Index rose 2.63%, Hang Seng Technology rose 3.70%, directly reversed yesterday's new low long yin.
Regardless of whether the news is true or not, Hong Kong stocks have fallen worse than A shares recently, in the national team continued to sweep the Shanghai Stock Exchange 50, Shanghai and Shenzhen 300, the premium of AH shares refreshed a record high, and today's obvious premium repair, on behalf of the stock China Merchants Bank H shares rose 6.11%, A shares fell 0.86%, China Ping An H shares rose 5.03%, A shares fell 0.30%.
Today, the trading volume of CSI 300 ETF and SSE 50 ETF plummeted, returning to the level before the disk protection, while Hong Kong stocks Hang Seng Technology and Hang Seng Internet have significantly increased their volume, and the national team has shifted its position to sweep Hong Kong stocks.
Northbound funds sold a net of 3.790 billion today, and southbound funds sold a net of 5.320 billion.
Now the premium of AH shares is too exaggerated, half of the underlying double premium, is A shares too expensive, or H shares too cheap?
The premium of A-shares mainly comes from 200 million shareholders and 600 million people, Hong Kong stocks do not have this resource, institutional pricing, and the Hong Kong stock gem is directly zero.
Today, the market is over-falling by three lines, the first is photovoltaic, the second is AI, and the third is brokerage.
The sustainability of the photovoltaic over-fall rebound is the best, but the rebound has a period of time, the funds are crowded, unless the incremental funds enter the market or continue to pull, it is difficult, the leading Qingyuan shares fell today;
The AI theme is trying to relay photovoltaics, today's leading iFLYTEK has a daily limit, and the CPO branch has been active recently, but the bearish side is that the recent CSI 500 and CSI 1000 small tickets are being cleared, and the sustainability has to be observed;
The most high hopes are brokers, but there is no continued leader, according to the small market capitalization a day rotation of a leading stock, the limit of stocks, the current weight of blue chips in this direction can play cards, the other have to be in the word, the SSE 50 disk protection wave effect is not good, today to make up for the fall, the intraday SSE 50, the head of the word into the main force of smashing, the four major banks (Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China), three barrels of oil (PetroChina, CNOOC, Sinopec), the three major operators (China Mobile, China Telecom, China Unicom) all fell. None of the top 10 A-share market capitalization rose, and Kweichow Moutai, the king of stocks, led the decline.
Before Ma Ben's analysis, the logic of the 15-year bailout was almost the same, and at first only the blue chips were rescued, but there was no result, and then the rain and dew were evenly wet, and the whole market was swept to stop the decline.
In general, today's market rebounded from a new low, but the transaction also shrank by only 80 billion, barely over 700 billion, tomorrow to test the quality, the biggest risk at this stage from the Mao index, Ning portfolio, to a variety of liquidation risk to obtain financing, early warning, clearance, pledge, such as the cusp of the CSI 500, CSI 1000.
In terms of trading, Ma Ben repeatedly emphasized that the last fall of the bear market before the Spring Festival was finally cleared, and he was strategically optimistic and waited for a big fight after the Spring Festival;