Lack of sustained and clear hype in the market

Huitong Network2month28Daily News - China Stock Market Shanghai Composite Index on Tuesday(2month28day)Shrink slightly and increase slightly. Analysts point out that today(2month28day)The logistics sector, secondary banking stocks, and cyclical stocks performed strongly; However, the short-term hot spot rotation is fast, and the market lacks a sustained and clear speculation main line. In addition, as the National People's Congress and the Chinese People's Political Consultative Conference approach the "Two Sessions", the wait-and-see atmosphere is becoming stronger. It is expected that the short-term Shanghai Composite Index will3250Nearby consolidation is the main focus.

Shanghai Composite Index Collection Report3241.73Point, up13.07Point or0.40%; This index2Monthly cumulative increase2.61%, recording two consecutive months of gains. Today in ShanghaiAStock transaction1858RMB 100 million, compared to the previous day(2month27day)2111Billion yuan shrank by over 10%.   

Chinese stock market: Shanghai Composite Index shrank slightly and closed up slightly, with a growing wait-and-see atmosphere as the two sessions approach

Guo Du Securities analyst Xiao Shijun said, "Starting from this Friday, the 'Two Sessions' will be held soon. The adjustment of the entire financial system, including some financial regulatory policies, is still waiting for policy clarity."

The Fifth Session of the 12th National Committee of the Chinese People's Political Consultative Conference and the Fifth Session of the 12th National People's Congress will be held this Friday, respectively（3month3Day and Sunday（3month5The opening ceremony will take place in Beijing.

He believes that after more than a month of continuous gains in the stock market, the recent consolidation of profit margins through volatility requires new variables and catalysts for the index to rebound. At present, the valuation level of the market has returned to above the historical average level, and sectors that had previously stagnated will have opportunities to make up for gains.

Today, YTO Express, Wuxi Bank of China, Changshu Bank, and other banks all reported daily limit up earnings.
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