Stamp duty has dropped dramatically!
According to public data, the national stamp duty revenue from January to February this year was 72.6 billion yuan, a decrease of 7.1% from the same period last year.
Among them, the stamp duty revenue of securities transactions was 15 billion yuan, a year-on-year decrease of more than 6 percent!
In the first two months of this year, the three major A-share indices fell sharply, of which the daily trading volume remained at about 700 billion, and the market trading sentiment was cold!
Therefore, it is reasonable that the stamp duty on securities transactions will be reduced!
It is worth mentioning that at the end of August last year, the village issued the "Announcement on Halving the Stamp Duty on Securities Transactions", saying that in order to activate the capital market and boost investor confidence, the stamp duty on securities transactions will be halved.
However, the boost to the market was not good, and the three major A-share indexes continued to fall, of which the Shanghai Composite Index fell to 2635 points, and the ChiNext Index fell to 1482 points!
After the new appointment, since March, the bottom of the market has gradually become obvious, the three major A-share indexes have come out of a decent rebound market, the recent trading volume has remained above one trillion, the market is active, and I believe that the stamp duty on securities is expected to rise in March!
Important after-hours news:
1. On the news side, the U.S. company filed a 337 investigation application against 5 mainland enterprises, which has a certain emotional impact on A-share optical modules, especially for companies with large revenues in the United States!
2. The direction of the robot ushered in the good again, the village introduced measures on the direction of the robot, and so on, after the method is implemented, the industrial robot will be accelerated to apply to various fields, for the direction of the robot, it is undoubtedly good!
3.15 days and 14 boards Ai Ai Seiko: The company announced again, saying that drumming and passing flowers + irrational speculation + the possibility of a rapid decline at any time, no matter what, at least in the short term!
Index Movements:
Judging from Monday's market trend, the three major A-share indexes have risen and fallen across the board.
Among them, the market fell below the 20-day moving average again, closing out a barefoot K-line with an upper shadow, and the upper shadow line indicates that the pressure on the 5-day line and 10-day line above still exists!
And the barefoot yin line means that it will continue to adjust in the future!
And from the perspective of trading volume, although the trading volume has shrunk compared with last Friday, the trading volume still exceeds 1 trillion, indicating that the selling pressure in the market still exists, which means that the bearish momentum is expected to be further released.
Personally, I think the market may continue on Tuesday, and the target level for downward adjustment is temporarily seen near the 30-day line and the half-year line, after all, it has officially fallen below the 20-day moving average;
The short-term moving average system such as the 5-day line, the 10-day line and the 20-day moving average has all been broken, and the short-term upward pattern has been destroyed.
In the short term, it will be adjusted to the 30-day line and the semi-annual line, that is, the 2980 and 3000 integer mark.
Mainly to observe whether the market can stabilize and rebound in this range, it is not ruled out that it will fall below 3000 points before pulling up.
On the whole, there is not much room for the market to continue to fall, after all, the continuous rebound needs to be followed by technical adjustments, which is also normal, as long as the market stabilizes to 3000 points, it is still expected to continue to rebound!