Follow-up to the SFC's departure
Since the new village chief took office, there seem to be several noticeable changes in the market!
First of all, in terms of the market, the most intuitive thing is: since Nimura took office, the three major A-share indexes have ended their decline and walked out of a decent rebound market.
During the period, the market quickly regained the pressure level around 3,000 points from the lowest 2,683 points, and the highest rose to 3,090 points, and stood above the important moving averages such as the half-year line and the 60-day line, and it is not ruled out that it will continue to regain 3,100 points;
Secondly, after the new village chief took office, he intensified the crackdown on market violations of laws and regulations, whether it is investigating public offerings, private placements, quantitative institutions, or now supervising CITIC IPOs, illegal shareholding reductions, financial fraud, etc.;
It all shows that the village is really doing practical things and wants to do a good job in this market!
For example, the village took action against a number of companies that violated the rules and cracked down on the operation of the securities market!
For example, the village recently fined 270 million yuan for Wang Bin, a natural person who manipulated Dianguang Technology, and Niu San Chen Jilei, who used multiple accounts to buy and sell stocks in violation of regulations, was also punished!
In terms of information disclosure violations, the village has imposed different degrees of punishment on Yongyue Technology, *ST Hongxiang, Dingxin Communication, etc.!
Finally, in terms of IPOs, since the new village chief took office, the number of IPOs has slowed down significantly, and the recent termination of the 65 billion IPO scale with Syngenta can be said to be painstaking!
In addition, the village also took action against those new illegal institutions, as well as terminated the IPO of 5 companies on one day of the holiday, and previously proposed IPO counter-cyclical, that is, when the market is down, reduce the issuance of new shares!
Judging from the above points, substitution is like changing knives, and I believe that under the leadership of the new village chief, the market is expected to continue to come out of a decent rebound!
Index Movements:
On Tuesday, after three consecutive declines, the market finally ushered in a rebound, of which the GEM index rose by more than 1%!
The rebound is a good thing, after all, there are certain signs of stopping, but we can't be too optimistic!
Because Tuesday's trading volume was very subpar, why do you say that?
It is not difficult to see from the data that the trading volume on Tuesday shrank sharply, and the volume of the two markets was less than 800 billion, and the volume of the 7 prefix could not support the index upward attack and the continuous market of the plate!
The volume is enough to say it all, so this is also the biggest hidden danger of Tuesday's rebound, the continuous weak rebound market is likely to continue to adjust, and it is not ruled out that it will continue to test the support level around 3000 points!
So how to resolve this hidden danger?
Only by increasing the volume, the follow-up out of the replenishment upward offensive market, and the trading volume at least returns to above 900 billion, will the market have a play!
However, it should be noted that there are many important data announcements in the second half of the week, such as the CPI data of the United States, and some funds are making decisions after waiting for the boots to land.
In the context of less than 800 billion energy, the market style rotation may accelerate, don't blindly chase high!