More than 4,800 companies fell! The global stock market rose sharply, but A-shares dived, and the delisting compensation needs to be launched as soon as possible

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2024-06-06 16:27Posted on the official account of Guangdong Kancai

Today's CNI 2000 Index fell nearly 3%, the Wind Micro Cap Index fell more than 6%, and more than 4,800 companies in the two cities fell and 149 fell to the limit.

The difference is that there was a liquidity crisis in January, with a large number of liquidations in snowballs, funds and other products, quantitative DMA products being pulled out of the network to push the crisis to a climax, and small and micro cap stocks were cleared with one click, while the national team made large-cap stocks perform relatively strongly by buying ETFs such as SSE 50 and CSI 300.

The stock market crash of small and micro cap stocks this time is more because the delisting crisis triggered funds to actively sell small and micro cap stocks, and then go to hold stocks with relatively strong certainty such as high dividends, large-cap stocks, and technology stocks. Of course, falling to a certain extent will cause panic, and funds will follow the trend to sell the stocks in their hands, for example, 4,800 stocks fell today, and there must be a large number of stocks that have been killed by mistake.

If you look at the trend chart of Wind micro-cap stocks, you can see that the market actually gives us two opportunities to run away. The first time was in February, when the national team bought the CSI 2000 ETF to save the market, and small and micro cap stocks ushered in a retaliatory rebound, which is the best opportunity to escape. The second time is on April 12 the new national nine articles were released, on April 15 and 16, small and micro cap stocks appeared to fall to the limit, and then the China Securities Regulatory Commission came out to appease the market, saying that it would not be delisted so much, small and micro cap stocks rebounded again, here should be the last chance to run away, now even if the China Securities Regulatory Commission comes forward again to appease the market, there is also a rebound of the previous strength, and the general trend of small and micro cap stocks has gone.

We believe that the management should speed up the introduction of the relevant system of delisting compensation, and not let shareholders fully bear the losses of delisting, especially the emergency situation of A-shares, but today the global stock market rose only A-shares fell, and the Shanghai Index had to test 3,000 points, so it was necessary to stabilize market confidence.

Liu Jipeng mentioned in the interview that the first way to punish listed companies is to let him spit out the funds, to compensate the 20,000 investors who were hurt, and now we implement the new "nine articles" One of the most effective measures is to severely punish the law and crack down on the phenomenon of false statements and fraudulent listings.

Let's take a look at today's blockbuster news:

Last night, the number of ADP jobs in the United States recorded an increase of 152,000 in May, the smallest increase since January this year, lower than the expected 175,000, and the previous reading was revised down to 188,000 from 192,000. The report showed that job growth slowed in May due to a sharp decline in manufacturing. Hiring in the leisure and hospitality sectors also showed weakness. After the release of the data, the U.S. dollar index and the U.S. 10 bond yields dived.

In addition, the Bank of Canada announced a 25 basis point rate cut to 4.75%, becoming the first central bank in the G7 to start an easing cycle, and the European Central Bank will also cut interest rates this week.

Boosted by this, U.S. stocks opened higher, with the Nasdaq rising nearly 2% and Nvidia rising more than 5%, with a market capitalization of more than $3 trillion and surpassing Apple.

Today, the Asia-Pacific stock market also rose sharply across the board, with the Hang Seng Technology Index rising nearly 2% at one point, but the Hong Kong stock market was also dragged down due to the A-share dive.

According to the Financial Associated Press, U.S. federal regulators have reached an agreement to allow an antitrust investigation into Microsoft, OpenAI and Nvidia over their dominance in the artificial intelligence industry. This is a clear sign of an escalating regulatory review of AI technology in the United States.

Today's news is relatively flat, simply look at the disk, as of the close, the Shanghai Composite Index fell 0.54%, the ChiNext Index fell 0.71%, the Hong Kong Hang Seng Index rose 0.30%, the Hang Seng Technology Index rose 0.87%, and the turnover of the two cities increased significantly to 0.84 trillion.

In terms of industries, only the four major industries of coal, household appliances, non-ferrous metals, and petroleum and petrochemical rose, while comprehensive, environmental protection, social services, computers, textiles and apparel and other industries led the decline.

Risk Warning:

The stock market is risky, investment needs to be cautious, this article does not constitute investment advice, readers need to think independently

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