1. Yesterday, A-shares fell, I didn't expect that many views attributed the decline of the market to the 4.19 magic day and the stock index delivery date, which is really a dump. There is no comparison between 4.19 every year, even today and yesterday, most of them are not comparable, we must understand that the situation is changing rapidly, and the statement of 4.19 is completely a sword. The stock index delivery date is a fixed routine event on the third Friday of each month, not an emergency, how can this affect the trend of A-shares, our A-shares are the world's second largest capital market, how can it be affected by this kind of conventional matters, this is too weak and can't help it, this statement is completely unreasonable. To be honest, the performance of A-shares on Friday is relatively good, the Shanghai and Shenzhen indices did not fall by more than 1.5% is a blessing, the risk factors are indeed relatively large, and I basically listed them one by one in the form of charts, so I want to give a small thumbs up to the performance of A-shares on Friday.
Second, yesterday's after-hours news, the China Securities Regulatory Commission announced the provisions of the securities fees of public funds, and lowered the commission rate of fund stocks, I don't think this is good, the impact on A-shares can be said to be negligible, I estimate that the securities sector will be affected to a certain extent next Friday.
3. To be honest, I am still quite disappointed in A-shares, with the traditional sector leading the rise and the technology sector leading the decline. Since the beginning of this year, the A-share leading sectors are oil, coal, and nonferrous metals, with annual increases of 37.59%, 24.25%, and 21.33% respectively. And this year's leading sectors are software, semiconductors and the Internet, these are technology sectors, of which the semiconductor sector fell by 18.67% year-on-year, I have said many times before about this sector, often risk factors, only suitable for short-term investment, not suitable for holding shares, I still hope that the technology sector can be in the forefront of the rise, so that there is hope for A shares.
Fourth, yesterday's A-share shrinkage is not reluctant to sell, the open flow of the capital market, there is no possibility of reluctance to sell, on the one hand, the attitude of the market is more resolute, on the other hand, the panic disk is still entrenched in the market, this is the fuse of the next day to face the pressure of selling, we must understand that the amount of energy is always the ultimate driving force for the market to continue to rise.
Fifth, overall, there is no good news since the current after-hours trading, and the impact of risk factors I estimate will continue, so I will express for the first time next Monday's A-share trend view, I think it is more likely to continue to go lower, but it should only be a small fall, we don't have to be too nervous, it is estimated that the new energy vehicle sector will continue to fall, please be appropriately cautious.