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Huitong Network2month27Daily News - China Stock Market Shanghai Composite Index Monday(2month27day)Shrinking volume closed down. Analysts pointed out that the market opened low and continued to decline, with transactions continuing to shrink and proactive selling pressure increasing. In recent times, the market volume has not been effectively amplified, and there is a lack of new hot spots after the rotation of hot spots in the market. There is pressure for short-term fluctuations and adjustments in the overall market, but it has not broken the relatively stable medium-term upward trend.
Shanghai Composite Index Collection Report3228.66Point, drop24.77Point or0.76%; Today in ShanghaiAStock transaction2111RMB 100 million, last day(2month24day)by2135RMB100mn
Chinese stock market: Shanghai Composite Index shrank and closed lower, with a shortage of hot spots and increased short-term selling pressure
Shao Shuai, an analyst at Shouchuang Securities, said, "Today there is a noticeable contraction, and the adjustment is mainly due to the volume not keeping up."
He believes that although the volatility of the index has increased recently, the market is still dominated by existing funds, and the constraints of quantity and ability have led to a halt in hot spots after sector rotation, resulting in insufficient attack on the overall market. At the same time, sectors such as home appliances, military industry, food, and building materials have seen high growth this year, and they are all leading the way in the early stages, facing temporary profit pressure.
Chairman of China Securities Regulatory Commission Liu Shiyu on Sunday(2month28day)It is stated that the regulatory development of China's capital market must firmly adhere to the overall tone of seeking progress while maintaining stability at all times, which is the basic principle; The fundamental driving force of the capital market comes from sharing the achievements of the development of the real economy, and it is necessary to increase the number of high-quality listed companies.
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