In the first short-term profit callback, the market did not hold the main line, the funds frantically smashed the gem and the science and technology innovation board to lure short, the market again 5,000 to rise, half of which fell more than 3%, from the volume of 140 billion month-on-month shrinkage and the whole day of the disk, the market short momentum compared with the previous collective fall has been greatly weakened, January 31 is the annual report forecast concentrated announcement date, at this point in time shrinkage plummeted, means that the market gathers a strong long momentum, science and technology innovation board and gem may rebound strongly and violently at any time.
2024.1.30
The ChiNext and the Science and Technology Innovation Board can start a strong rebound at any time, which is an inevitable requirement of multiple factors such as a serious short-term overfall, a valuation to a 10-year low, a full change of chips, a time point for the annual report to be cashed out, and the market rhythm situation.
2024.1.30 Closing ChiNext Index down 16% in January
The ChiNext Index and the STAR Market Index both fell by more than 16% in a single month in January, and the pace of decline was extremely tragic and unsustainable.
2024.1.30科创50指数1月累计跌幅18%
The Science and Technology Innovation 50 Index fell 30% from the initial 1000 points in January 2020, of which the valuation of the largest heavyweight domestic semiconductor manufacturing leader is half cheaper than Taiwan's TSMC, and a leader with huge market dividends in the mainland is so much cheaper than the valuation of TSMC, which has peaked in the world's market share, is obviously abnormal.
2024.1.30
The STAR 50 Index fell all the way from a high of 1639 in July 2021, the 900 platform fluctuated for several months in the fourth quarter of 2023, and accelerated its plunge of 18% in the first month of 2024 To 697 points, this rhythm is extremely abnormal, the future of China's economy can only rely on scientific and technological innovation, if the science and technology innovation board with the highest technology content is low to the dust, it is more difficult for other varieties in the market to continue to rise reason, this abnormal rhythm in addition to the bear market to lure the short wash, can not find other reasonable explanation, when the smashing to the volume of serious shrinkage is really not smashed, it will naturally retaliate rebound.
Overall, the Chinese word has been the Shanghai Composite Index and the CSI 300 Index to stabilize successfully, and then only need the Science and Technology Innovation Board and the Growth Enterprise Market to make strong efforts, the market as a whole is expected to be completely stabilized. Attaches great importance to the historically low performance of the STAR Market 50.